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International retailers are eyeing the U.S. Englewood Construction has done work for numerous international retailers in the last few years, including Marcello’s Delicatessen, a Canadian-based fast-casual dining option. International retailers have been venturing into the U.S. It’s that time of year again. But I digress….
From the March/April 2013 issue. And now, without further ado, here are the winners of our 2013 Economic Development Awards. Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements.
Business Facilities magazine has announced the winners of its 2013 Economic Development Deal of the Year competition. billion project that has earned BF’s 2013 Economic Development Deal of the Year Gold Award. . .” In 2007, the statewide economic impact from film was estimated at $242 million; by 2013 this had grown to $3.5
From the July/August 2013 issue . The Lone Star State, our 2013 State of the Year, continued to show dominance across several of our flagship rankings categories, something you would expect from the nation’s most dynamic state economy. So, without further ado, here is Business Facilities’ 2013 Rankings Report.
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.
From the July/August 2013 issue. According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2013, 2.5 percent during 2013 to 2016.
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. 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. In April 2013, P3 legislation was signed into law, providing the private sector with a stronger, more predictable and streamlined process for future P3 projects. In May 2013, CSX Transportation Inc.
From the May/June 2013 issue . These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. The Corridor offers export assistance and Foreign Trade Zones.
From the May/June 2013 issue. Because Devens is a self-supporting, quasi-public environment that was created specifically to support and grow businesses—and not a municipality—the zoning and permitting hurdles associated with most cities and towns are greatly reduced. Photo: Devenscommunity.com. By Business Facilities Staff.
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. The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions. percent as of February 2013].
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.
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. Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing. In late 2013, Gov.
From the September/October 2013 issue. Specific site details, such as zoning restrictions, title work, environmental studies, soil analysis and surveys, are assessed for compliance and authenticity.”. To say Southwest Louisiana is an economic hot zone would be an understatement. By Eric Cormier. A BOUNTY OF INCENTIVES.
billion from 2012 to 2013, totaling $40.9 Corbett led the drive to reform the state tax appeals process, which earned Pennsylvania “the most improved” state in the nation designation from the Council on State Taxation in 2013. In the last quarter of 2013 alone, well-respected brands like Comcast Corporation, Urban Outfitters, Inc.
From the September/October 2013 issue. Another popular economic development incentive offered by the state is the Texas Enterprise Zone Program, which enables local communities to partner with the State of Texas to promote job creation and significant private investment, helping assist economically distressed areas of the state.
From the May/June 2013 issue. It may seem like a tall order when it comes to the time and money a food processor needs to invest in an organic product, but with organic retail sales growing annually, it may be worth it in the end. The plant will initially create 186 production jobs with an anticipated opening in 2013.
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. were named to the 2013 “Inc. Existing Foreign Trade Zone and U.S. percent.
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 incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. CALIFORNIA.
From the March/April 2013 issue. Key Incentives: Emerging Technology Fund, Enterprise Zones, Skills Development Fund, Renewable Energy Incentives, TX Industry Development Loan Program. million square feet of retail space and 8.2 By Jenny Vickers. GDP (All Industry 2011): $1.3 Bureau of Economic Analysis, 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
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.
automotive production, with more than 900,000 vehicles produced in 2013. which convinced Subaru of Indiana Automotive (SIA) to invest $400 million to build the Subaru Impreza at its Lafayette facility—garnered an Honorable Mention Award in BF’s 2013 Economic Development Deal of the Year competition. billion over the next 10 years.
From the January/February 2013 issue. Composites, IT, Digital Media, Renewable Energy, Manufacturing, Retail, Sports & Outdoor Products. Key Incentives: Enterprise Zones, Rural Fast Track Program, ED Tax Increment Financing, Motion Picture Incentives, Private Activity Bond. By Jonathan Sanders. GDP (All Industry 2011): $124.5
Louis are Foreign Trade Zones, providing low-cost production and warehousing facilities for imported and export-bound products. Foreign trade zones also are located in Peoria, Lawrenceville, Rockford and the Quad Cities. Rendering of the latest 20,000 square-foot corporate hangar coming to the Villiage of Whelling in 2013.
Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS) rule that went into effect on July 1, 2013 could create a reduction in industry productivity, projecting the need for another 100,000 drivers without an increase in shipping volume. Subsequently, the U.S.
As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. CVS produces “Grab Apples” from locally grown apples that are sliced, packaged and shipped to local schools, retail markets, restaurants and their distributors. Teti Bakery USA, Inc., is the newly formed U.S.
From the March/April 2013 issue. Banking, finance, communication, high technology, retail, manufacturing and agriculture are just some of the many industries prevalent in the Empire State. Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52. By Dominique Cantelme.
eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies. The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013.
From the January/February 2013 issue. Given that it’s a substantial distance from any coasts or borders, Hendricks County, Indiana might seem to be a surprising place for a Foreign Trade Zone (FTZ). Foreign-trade zones help U.S. By Shana Daley. Competition for market share of inbound shipping remains fierce among U.S.
From the May/June 2013 issue. Retail Business in Charlotte and for its Global Technology & Operations organization in Cary. In January of 2013, the Oconee County Economic Development Commission released its new five-year strategic plan for economic development. ElectriCities service area. Photo: ElectriCities.).
Medical, manufacturing, technology, retail and many other businesses continue to choose Waxahachie as their home. Retailers in Waxahachie have enjoyed success for decades and continue to prosper today. Many new retail developments such as Waxahachie Crossing and Waxahachie Town Center, have been added to the community since 2000.
From the January/February 2013 issue. Building from an agribusiness base, the state today is thriving and competitive in manufacturing, professional services and wholesale and retail trades. Effective Tax Year 2013, certain Kansas businesses will enjoy significant tax relief. By Shana Daley.
And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. The plant will initially create 286 production jobs when it opens in 2013. Using the IDA and Empire Zone program, $3.3 Half of the U.S.
Cape Coral hosts diverse investment zones, commercial corridors and industrial parks suitable for a wide range of corporate and entrepreneurial pursuits. New conceptual plans offer two options: as a new Retail District or an Office Park. This reflects the retail market’s vast potential in the city.
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.
And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. The plant will initially create 286 production jobs when it opens in 2013. Using the IDA and Empire Zone program, $3.3 Half of the U.S.
In 2013, small businesses with less than 100 employees accounted for 90.2 Maple Lodge Farms represents one of Brampton’s success stories, combining rich farming tradition, state-of-the-art, in-house processing technology and retail outlets, and exports throughout North America. percent in 2012. million investment.
Oklahoma Local Development & Enterprise Zone Incentive Leverage Act (62 O.S. § 840): Provides funding for local units of government to match local tax revenue dedicated to support a project located in an enterprise zone, in support of a major tourism destination or in support of a military growth impact. 632): The U.S.
The primary candidates for this program are businesses that create new wealth for the state and provide new jobs outside of the retail sector. For credits based on investments made on or after January 1, 2013, a taxpayer is allowed no more than $500,000. Each borrower is capped at $100,000 of PACE funds per biennium under Flex PACE.
Flex PACE will allow communities the ability to provide assistance to businesses that would not meet the current requirements of PACE, such as: jobs retention, technology creation with no new jobs, retail, smaller tourist businesses and essential community businesses. An unused credit may be carried forward up to seven tax years.
To my untrained eye, it looks like any other busy retail thoroughfare. ” Medellin’s transformation from a violent war-zone to one of the world’s most forward-thinking cities is nothing short of remarkable.
Accomplishments • Created new-hire training and strategy for Taylor Morrison, contributing to the company’s status as America’s Most Trusted Builder • Went from zero home-sales experience in 2013 to National Sales Trainer for Taylor Morrison in 2017 • Created the course Salesology Sales Training for ApostleTech • Top producer for K.
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