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Located on 250 acres of land at ADM’s Decatur processing complex, the new intermodal ramp offers direct access to three Class I railroads and close proximity to four interstate highways and a major U.S. According to the American Association of Railroads, U.S. billion in 2012 after soaring 30 percent in 2011. In 2012, Gov.
via a 14,500-mile inland waterway system, six Class One railroads and a nexus of interstate highways, New Orleans is the port of choice for the movement of everything from steel, rubber and manufactured goods to commodities like coffee,” said Editor in Chief Jack Rogers. Also in 2012, Gov. Bobby Jindal cut the ribbon on a $36.4-million
As we detailed in our March/April 2012 cover story, Baton Rouge (known as the Creative Capital of the South) has attracted development studios including Electronic Arts, Firebrand Games, Crawfish Games and the international Academy Award-winning visual effects studio Pixomondo. Also in 2012, Gov. 8 finish in our 2012 global ranking.
trillion in 2012, a 3.4 percent in 2012, the industry’s delicate balance between supply and demand will likely be disrupted due to new regulations. In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. percent in 2012 as vessel volume rose 7.2 Spending in the U.S.
Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. The 50-foot deep container berth was completed in 2012, two years ahead of its original schedule. The Port had a record year in 2012, seeing $36.8 The cranes were also part of the agreement.
At year-end 2012, 190,900 jobs had been added with wages totaling $9.9 Apple’s selection of Austin as the site for its new $304-million Operations Center was the Bronze Award winner in Business Facilities ’ 2012 Economic Development Deal of the Year competition. billion over 2011-2012. billion), Canada ($16.8
Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. The value of shipments into zones totaled nearly $660 billion, compared with $798 billion the previous year.
The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area. Ultimately, ACT selected Sacramento because the availability of a qualified workforce and the benefits of locating in an Enterprise Zone.
Through the end of 2012, the program had awarded $487.41 percent from the third quarter of 2012. The 2012 fall semester saw 4,564 new freshmen students, and the 2011-2012 school year saw 4,941 bachelors degrees conferred. million in grants, announced 66,094 jobs and generated more than $17.38 TOMBALL IS TRUE TO ITS ROOTS.
Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones. In 2012, Boston Consulting Group found that more than one-third of U.S.-based This trend may be speeding up plans of some U.S.
From the September/October 2012 issue. Illinois rail network offers 52 railroads that provide service to every part of the country and its prime location also makes the state a natural hub for air travel. Louis are Foreign Trade Zones, providing low-cost production and warehousing facilities for imported and export-bound products.
From the September/October 2012 issue. In a national economy still recovering from a recession, Texas has forged ahead of the pack as a result of a superior business climate, ranking as the “Best State for Business” by Chief Executive Magazine for the eighth straight year in 2012. By Dominique Cantelme. Saudi Refining, Inc. (a
As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. 1,677 miles of class 1 railroads. There also is Arkansas’s state-of-the-art railroad infrastructure comprising three Class I systems: Union Pacific, BNSF Railway and Kansas City Southern Railway.
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.
Coverage of its 4,974 square miles is aided by I-90, I-86 and Route 219; Buffalo-Niagara International Airport; the Port of Buffalo; and four class I railroads (CSX, Norfolk Southern, Canadian National and Canadian Pacific). Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52.
For 2012, the top 100 Aero/Defense companies reported a record-setting $695 billion in revenue and $59.8 Adjacent to Kansas City Southern and Union Pacific Railroads and Interstates 20 and 49, companies at AeroPark are strategically located near some of the largest consumer markets in the South. billion in operating profit.
From the July/August 2012 issue. The facility is expected to begin production in the fall of 2012. Using the IDA and Empire Zone program, $3.3 million of infrastructure (roads, water, sewer, lighting and a railroad siding) was constructed at no cost to local taxpayers. By Dominique Cantelme.
Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. The 160-acre Foley Beach Express Industrial Park followed in 2012. million in capital investments. Photo: cityofcheney.org.).
Perry ambled out of his office to accept our 2012 State of the Year Award last spring and then spent nearly an hour explaining his economic development strategy to us, face-to-face. Perry told us all of the CREZ (Competitive Renewable Energy Zones) lines are scheduled to become operational by the end of this year.
In September 2012, German agricultural machinery manufacturer Geringhoff Worldwide announced plans to invest over $20 million in a new manufacturing facility in St. Shovel Ready Silver certified sites means that its documentation is less than one year old and has proper zoning and infrastructure built to the property. Cloud, Minnesota.
From the July/August 2012 issue. The facility is expected to begin production in the fall of 2012. Using the IDA and Empire Zone program, $3.3 million of infrastructure (roads, water, sewer, lighting and a railroad siding) was constructed at no cost to local taxpayers. By Dominique Cantelme.
percent increase over 2012. Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Chicago is the nation’s rail hub that connects six of the seven class one railroads.
To be eligible, the fuel sold must be used or loaded by a common carrier that: After July 1, 2011, made a capital investment of $100 million or more in new construction or renovations at the railroad locomotive refueling facility in which the fuel is loaded or used; or.
Rural New Mexico is defined as any part of the state other than Los Alamos County; certain municipalities: Albuquerque, Rio Rancho, Farmington, Las Cruces, Roswell and Santa Fe; and a 10-mile zone around those select municipalities. A qualifying job is a job filled by an eligible employee for 48 weeks in a 12-month qualifying period.
Shale gas development contributed more than $14 billion in economic activity in PA in 2012, when shale gas production in the state topped 2 trillion cubic feet, enough to meet 10 percent of U.S. states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline.
ConAgra bought Ralcorp in 2012 for $6.8 percent in 2012. its access to highways, water, railroad, and cargo airports has made this region of the United States an ideal location for new businesses to succeed. Preferred often brings popcorn here from Nebraska via the railroad. Not all of these acquisitions have worked out.
Several sites within Hendricks County are foreign trade zones, too. In 2012, the community dedicated The Switzerland County Technology and Education Center, a 24,000-square-foot facility featuring adult training classrooms and labs. In 2012, Cigital, Inc. Here again, the county delivers. announced it was opening its first U.S.
Anchored by the privately owned and operated Decatur Rail and Intermodal Logistics Facility located on more than 250 acres, the Midwest Inland Port provides direct access to three Class I railroads (Norfolk Southern, Canadian National and the CSX). Existing Foreign Trade Zone and U.S. percent in 2012.
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