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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

“Arizona’s team moved quickly to put together an attractive package that put the Mesa site front and center as Apple considered locations for its renewed commitment to U.S. Steve Beshear and Toyota officials announced in April that the Georgetown plant would be the site of the first-ever U.S. manufacturing.”

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Apple’s new manufacturing facility will rise on the site of the former First Solar plant in Mesa, AZ. “Arizona’s team moved quickly to put together an attractive package that put the Mesa site front and center as Apple considered locations for its renewed commitment to U.S. Photo: solarsystems-usa.net). manufacturing.”

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

Buisness Facilities Contributed Content

According to site selection experts, logistics clusters are defined as an agglomeration of logistics activities in one geographic location. The second level of job creation in logistics clusters is the value-added activities like preparing promotional tagging for a retail display or repackaging inside a distribution center for efficiency.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

The Midwest Inland Port is served by a Foreign Trade Zone and provides local Customs Clearing, features that are being enhanced to provide a more robust set of service offerings. The Santa Teresa and Columbus ports-of-entry have overweight cargo zones with a six-mile radius for trucks carrying a reducible load up to 96,000 lbs.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site. CALIFORNIA.

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