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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 City has two HUB Zones through SBA, and is a New Market Tax Credits eligible community.
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. Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones. By Business Facilities Staff.
billion project that has earned our 2013 Economic Development Deal of the Year Gold Award. Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site.
With his signature on the Economic Opportunity Act of 2013, Gov. It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. By Jonathan Sanders.
Despite anaemic job growth, the demand for industrial warehouse space and modern distribution centers remains strong, according to Colliers International’s Global Industrial Midyear 2013 Highlights Report , released on July 8, 2013. Key Findings. India Invests in Multi-Brand Retail Trading: Economic growth remained stagnant in India.
From the July/August 2013 issue. In January 2013, four Super Post-Panamax cranes became operational on the new container berth. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. By Jenny Vickers.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
From the May/June 2013 issue. percent growth supported by its robust export industry, and it is on track to meet its 5 percent target for 2013. Non-Thai investors are permitted to hire foreign experts and technicians and also may qualify for land ownership rights if they would prefer not to lease office space. By Bill Trüb.
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. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. According to the U.S.
Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). In 2007, the statewide economic impact from film was estimated at $242 million; by 2013, this had grown to $3.5 WyoRECs™ Renewable Energy Credit Discount Program.
From the January/February 2013 issue. The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. BARSTOW: ONWARD AND UPWARD IN 2013. By Robert Tilton. Last year, CA Gov.
The announcement accompanies the company’s approval of a 40-acre lease for the project by the port’s board of commissioners, with Danos beginning construction on a facility in the fourth quarter of 2014. The Danos manufacturing facility represents a key portion of a larger expansion announced by the company in May 2013.
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. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
See Results of 2013 Renewable Energy Fund – October 22, 2013. Gross Premiums Tax Credits in Enterprise Zones: Rhode Island offers some of the most competitive ongoing tax incentives for job creation in Enterprise Zones. Small Business Administration (SBA) offers a variety of loan programs for very specific purposes.
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 May/June 2013 issue. Bill Haslam recently joined with representatives from TeamHealth to announce the company’s plans to expand its corporate operations by leasing a new facility to be constructed at Base Pointe Business Park in Alcoa, TN. By Ed Felton. TeamHealth Adding 500 Jobs. Tennessee Gov.
From the March/April 2013 issue. Key Incentives: Emerging Technology Fund, Enterprise Zones, Skills Development Fund, Renewable Energy Incentives, TX Industry Development Loan Program. Technology shares the spotlight with music and film at the annual South by Southwest festival in Austin, TX. By Jenny Vickers.
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 park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications.
From the January/February 2013 issue. FEC signed a lease agreement with Broward County in March 2012 to build and operate the intermodal facility for 30 years. Port Everglades (Source: Wikipedia). By Ed Felton. Florida East Coast Railway has signed a joint marketing agreement with Port Everglades to promote the new, 42.5-acre
The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. The bioscience industry in Georgia created $19.5
According to the Illinois Government News Network (IGNN), “In 2013, 3,000 families purchased homes through one of IHDA’s programs, generating 1,500 jobs and infusing $70 million into Illinois’ economy. were named to the 2013 “Inc. Existing Foreign Trade Zone and U.S. percent in 2013, down from 7.7 percent in 2012.
trillion dollars on logistics in 2013, a 2.3 percent in 2013 and 8.3 Freight shipment volumes started 2014 at or below 2013 levels, rose through the spring, dropped al little during summer, peaked during August and September, and finally fell close to where they started at the beginning of the year. According to SoL, U.S.
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.
From the September/October 2013 issue . 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. We are now hopeful that by December 2013, we’ll have some of those sites that are officially certified and ready to market.”.
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.
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.
As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. A Federal Empowerment Zone designation, two Urban Enterprise Zones, flexible financing and low business costs make Cumberland County competitive with all areas of the country.
MAHSC partners, for example, with Hitachi, which launched Hitachi’s European Big Data Laboratory in October 2013. In 2013, Panoptes, BlueSkyvaccines and TAMiRNA were founded in Vienna. In 2013, Boehringer Ingelheim had a turnover of 914.5 million euros in 2013. Therefore, the state broke a new record in 2013.
State Sales & Use Tax Exemptions: Leased or purchased machinery, equipment, replacement parts and accessories that have a useful life of more than six months, and that are used or consumed in the manufacturing, processing, fabricating or repairing of tangible personal property for ultimate sale, are exempt from state and local sales and use tax.
Cape Coral hosts diverse investment zones, commercial corridors and industrial parks suitable for a wide range of corporate and entrepreneurial pursuits. With more than 2,400 acres of land available for lease, runway access and CSX rail service, the Technology Center is an industrial gem.
Just next door to Long Island MacArthur Airport is our Foreign Trade Zone (FTZ). Foreign Trade Zone #52 was created to help businesses with an international scope grow and thrive here in Islip. In 2013, AA Technology Inc.,
Built in 2013, this Advanced Technology and Academic Center (ATAC) has increased capacity in 2015 by expanding to 30,000 square feet, offering classroom instruction, machine simulations and hands on lab training. Much of the airport’s property is zoned for commercial and light industrial uses and is served by public utilities.
However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. These larger vehicles account for more than half of U.S. The industry’s seasonal adjusted annual selling pace fell to 17.3
That’s well above the approximately $1 billion in aluminum-related projects announced 2001-2013. As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. The company’s lease of the Hackensack building expired on June 30th, 2017. Zoned mixed-use/commercial.
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