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From the March/April 2013 issue. And now, without further ado, here are the winners of our 2013 Economic Development Awards. Highlights include the largest industrial spec development lease in the last five years in Broward County. The first, announced in 2012, is ConAgra’s new facility and research agreement.
From the July/August 2013 issue . During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. By Business Facilities Staff. Baton Rouge, LA has been named our top-ranked metro for Economic Growth Potential. With its proximity to the center of the U.S.
Magnolia LNG would distribute to domestic markets as well as countries that have free trade agreements with the U.S. Whilst the company remains focused on securing the appropriate contracts, agreements and permits, we expect to commence construction of our first U.S. venture by 2015.”. LED began working with Magnolia LNG in late 2012.
From the May/June 2013 issue. Pietro Fiorentini USA plans to lease space at the former Wheeling Corrugating Plant in Brooke County currently owned by Business Development Corporation of the Northern Panhandle and Hackman Capital based in Los Angeles to get operations under way within six months. West Virginia Gov. Earl Ray Tomblin.
The MOU is the memorialization of an agreement with Medient that will create in excess of 1,000 permanent jobs with an initial capital spend in excess of $90 million on a property located 15 miles from the Savannah/Hilton Head International airport. Construction is expected to commence in summer, 2013. million for site development.
Labor and employment laws regularly intersect with the construction industry—whether you are dealing with employment issues such as the hiring and firing of employees, compliance with state and federal E-Verify requirements , or applicability of project labor agreements on a project. The Breaking News.
Execution of the state’s agreement is contingent upon finalization of a local incentive offer as required by program criteria. The Texas Legislature created the TEF in 2003 and re-appropriated funding in 2005, 2007, 2009, 2011 and 2013 to help ensure the growth of Texas businesses and create more jobs throughout the state.
From the July/August 2013 issue. Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. In January 2013, four Super Post-Panamax cranes became operational on the new container berth. The cranes were also part of the agreement.
RealNetworks signed an 11-year leaseagreement to occupy over 85,000 square feet (with options for future growth), moving its entire Seattle team of more than 350 employees to the modernized office space. Far West Washington Blog-May-2013 Home Plate Center RealNetworks Safeco Field Seattle SODO' RealNetworks Inc.
From the January/February 2013 issue. A global trade leader, more than 90% of Mexico’s exports thrive under free trade agreements with more than 40 countries. Approximately 200 people are expected to be employed once the facility reaches full capacity at the end of 2013. Last year’s G20 summit was held in Los Cabos, Mexico.
From the January/February 2013 issue. Florida East Coast Railway has signed a joint marketing agreement with Port Everglades to promote the new, 42.5-acre This agreement enables FEC and Port Everglades to be in a competitive position for additional freight and jobs beyond the completion of the Panama Canal.”. By Ed Felton.
Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants. Bankruptcy Court settlement agreement to redevelop former GM locations. “We This is a great beginning of 2013 for North Louisiana.
Construction officially started on the $600-million facility in April 2013 and aircraft assembly is planned to begin in 2015, with a targeted 2016 delivery of its first A320 jetliner. In late 2013, Gov. In January 2013, four Super Post-Panamax cranes became operational on the new container berth. According to the U.S.
Construction of wind turbines set a record in 4Q 2013 with 10,900 megawatts of capacity being added; nationwide, nearly 50,000 turbines have been installed. Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. In November 2013, MidAmerican Energy Co. The project is part of a $1.9-billion
From the March/April 2013 issue. Construction will start in Q1 2013, with turn-key capacity expected to be available in Q4 2013. Meanwhile, it is leasing large quantities of data center space in California’s Silicon Valley. Facebook’s Prineville, OR data center. By Bill Trüb. Far West U.S. - Mid Atlantic U.S.
Its most recent high-profile initiative is the December 2013 announcement by cyber-security firm Prolexic Technologies that it will move its global headquarters and round-the-clock security operations to Fort Lauderdale. In fiscal year 2013-2014, the state: won 164 projects, a 28 percent increase over 124 projects in 2010; saw $2.77
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.
PactSafe , a legal-focused technology company, plans to invest $575,000 to lease and equip a new office in Indianapolis. PactSafe was founded in 2013 by Indianapolis attorney Brian Powers and has secured $1.2
From the March/April 2013 issue. These combined projects will result in more than $221 million in new capital investment, 1000 new jobs, 2,000 retained jobs and more than 423,000 square feet of newly constructed or leased space. Execution of the state’s agreement is contingent upon finalization of a local incentive package.
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. For credits based on investments made on or after January 1, 2013, a taxpayer is allowed no more than $500,000. The term of the loan will vary depending on the loan purpose with a maximum of 15 years.
The remodeled facility is slated to start mass production during the second half of 2013, mainly producing 28-nm system-on-a-chip (SoC) solutions for tablets and smartphones. Ceva will be the ninth company in the KBA facility, which is 80 percent leased. IceCure Medical is leasing space in GCIC’s 50,000 sq.
Construction is expected to begin in the first quarter of 2013, and completion of construction of the first manufacturing buildings is planned for 2015. The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013. The bioscience industry in Georgia created $19.5
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. A project located on property leased from a government entity qualifies for an exemption for up to five additional years upon annual application by the project operator. Land does not qualify for an exemption.
Trademark Licensing Program: The Business Council has an agreement with the Secretary of State to use the Bucking Horse and Rider logo. Manufacturing Sales Tax Exemption: The sales tax burden is exempt on the sale or lease of machinery to be used in the State of Wyoming directly and predominately in manufacturing tangible personal property.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.
1 of America’s 10 Great Places to Live in August 2013. Dassault Falcon Jet, the region’s top manufacturing employer and the French company’s largest facility in the world, renewed its lease at the Bill and Hillary Clinton National Airport through 2040. Kiplinger’s Personal Finance ranked Little Rock no.
In that time, the required rezoning was finished and both the City of San Marcos and Hays County voted to enter Chapter 380 and 381 agreements with the company. The organization’s affiliates own, operate or lease 199 hospitals in 29 states with approximately 30,000 licensed beds. Community Health Systems (CHS), Inc.
The pilot trial is part of a much larger program of work between MAHSC and Hitachi initiated in April 2013 and has already resulted in the launch of Hitachi’s European Big Data Laboratory in the city in October last year. Announced that it has entered into an option and license agreement with Pfizer. billion for the state—including $1.6
Due to favorable leaseagreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months. Ak-Chin’s low utility costs, unique tax savings and below market lease rates add to its attraction. million to the Maricopa Unified School District.
And Business Facilities magazine honored the Greater Fort Lauderdale Alliance and its CEO Council as their top Economic Development Private-Public Partnership in 2012 and 2014 and their highest honor “Economic Development Excellence Award (Population over 600K)” in 2013. Greater Osceola, which includes the Cities of Kissimmee and St.
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