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reported fiscal 2013 first quarter net income of $46.2 Net income was $55.1 Consolidated net sales in the first quarter of fiscal 2013 were $1.76 percent compared to the prior year first quarter due to a decline in defense segment sales. Consolidated net sales in the first quarter of fiscal 2013 were $1.76
reported a fiscal 2014 first quarter net income of $54.9 million in the first quarter of fiscal 2013. . Higher sales in each of the company’s non-defense segments were more than offset by lower defense segment sales.' Oshkosh Corp. million, compared to $46.3 billion, a decrease of 12.6
Oshkosh Corporation reported increased sales in its commercial and access equipment segments in the fourth quarter of fiscal year 2013, ended Sept. Sales also increased in the company’s fire & emergency segment, and decreased in the defense segment.
Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25
According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. percent in 2001 to an estimated 31 percent in 2013.
From the September/October 2013 issue. The incubator program offers affordable space with flexible leases to tenants; a graduated lease package; access to a team of business experts for advice, finance counseling, marketing suggestions, accounting solutions; and a 10-year state income tax exemption. MidAmerica Industrial Park Airport.
INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.
The performance based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. million through the Kentucky Business Investment program.
Having witnessed income and social class inequities entrenched by corruption on their European mission, and a system in which government officials and business entrepreneurs rarely collaborate to solve civic and social problems, the Ivorys recognized the seeds of similar dynamics in their own backyard. See past Builder of the Year winners.
For the past few years, we have issued a Metro ranking for our annual evaluation of aerospace/defense manufacturing leaders. More than 162,000 workers are directly employed in the aerospace/defense industries in the Golden State. aerospace and defense industry directly employed 1.05 billion in state individual income taxes.
2d 776 (2013), held that a general contractor receiving notice from a lender who nevertheless paid its subcontractor over $3 million was liable to the lender for “the total value of all payments wrongfully misdirected” even though the subcontractor’s loan balance was only a sixth of that amount. Reading Cooperative Bank v.
From the January/February 2013 issue. billion in personal income. Utah has identified eight industry clusters it is targeting for growth, including aerospace/aviation; defense/homeland security; energy; financial services; life sciences; software development/ IT; outdoor products/recreation; and competitive accelerators.
Oklahoma previously set a Renewable Energy Portfolio standard requiring it to get 15 percent of its electricity from renewables by 2015, but the state hit the target early, in 2013. Qualifying low-income households in Oklahoma can receive high-speed Internet for $5 or $10 a month under a program AT&T announced in April 2016.
From the January/February 2013 issue. After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. BARSTOW: ONWARD AND UPWARD IN 2013. The City of Barstow believes there is much to be optimistic about in 2013.
From the May/June 2013 issue. The property is part of the Urbana Corporate Center, a large campus that also is home to a 60,000-square-foot data center servicing Fannie Mae, a provider of housing loans to low-income Americans. Education & Research, Energy & Sustainability, Aerospace & Defense. By Jonathan Sanders.
From the May/June 2013 issue. Under the terms of the award, Ipreo is eligible to receive up to nine annual grants equal to 65 percent of the state personal income tax withholdings from the eligible new jobs created since the date of the initial award. ElectriCities service area. Photo: ElectriCities.). By Dominique Cantelme.
A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7
Washington dodged a huge bullet at the end of 2013 when it persuaded Boeing (with nearly $8 billion in tax credits) to renew its commitment to the keep manufacturing in the state. Oysters, shrimp and crab are among the primary income producers, but shellfish are only part of the story. Photo: seattle.gov.). By Ed Felton.
From the January/February 2013 issue. Personal income impact estimated at $273 million (direct). billion in personal income and an overall Economic Output impact of $5.7 Nominations are now being accepted for our 2013 contest here. billion bio-pharma investment. By Business Facilities Editorial Staff. Picking The Winner.
From the September/October 2013 issue. Through the end of January 2013, the TETF has allocated more than $200 million in funds to 140 early stage companies, and $216 million in grant matching and research superiority funds to Texas universities. Hands-on training at Byron Martin Advanced Technology Center. Credit: Lubbock EDA.).
1 of America’s 10 Great Places to Live in August 2013. The median per capita income for the MSA is $41,662 as compared to $45,875 for Pulaski County, $43,735 for the U.S. Kiplinger’s Personal Finance ranked Little Rock no. Other IT employers in Little Rock include AT&T Arkansas, SAIC, Verizon Wireless and Windstream Communications.
Less Taxing” since there is no state personal income tax—a key point for consideration, especially for the attraction and retention of key employees. People can also enjoy “Life. As longtime Fort Lauderdale resident Wayne Huizenga says, “It’s not what you make, it’s what you keep!” Leo University, University of South Florida, St.
Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. defense contracts. and Mutual of Omaha. Meyer Tool, Inc.
Nationwide, the number of smart meters (with two-way communication capability) passed the number of old-line meters in 2013. defense department, with an additional $500 million in state and private investment. billion and create more than 1,400 new high-tech jobs in Rochester. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.
From the March/April 2013 issue. Braun Melsungen had their roofing ceremony in January 2013. The building will probably be completed by October 2013. To support intellectual property rights, Luxembourg offers an 80 percent tax exemption to income from patents, trademarks, design, models and software copyrights or domain names.
no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. The locally funded widening of Port Freeport’s channel is moving forward toward early 2013 completion, while the more ambitious endeavor to deepen the channel to 55 feet is advancing as well, with a key U.S.
That, along with a strong economy and zero personal state income tax, make it a great place to do business. That’s well above the approximately $1 billion in aluminum-related projects announced 2001-2013. Its aluminum will supply the automotive, aerospace and defense industries. ALUMINUM GOES WHITE-HOT IN KY.
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