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From the March/April 2014 issue. The focus of our 2014 Economic Development Awards is Achievement. Without further ado, here are the winners of our 2014 Economic Development Awards. The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced.
million facility, a CGI Onshore IT Services Center of Excellence, will be home to 400 high-quality IT jobs at full employment. CGI’s arrival in Louisiana has helped elevate our state’s status as a leading destination for knowledge-based employers and the creative professionals who help them thrive,” said Governor John Bel Edwards.
From the March/April 2014 issue. Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we’ve been telling people all these years,” Gov. The company extended its lease in Greenway Plaza in March of 2013. (Photo: governor.state.tx.us.). By Ed Felton. million in capital investment.
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. The Elio Motors manufacturing facility will occupy approximately 1 million square feet of the more than 3 million-square-foot, former GM site.
From the January/February 2014 issue. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives).
What’s more, Arizona offers a robust portfolio of programs and resources supporting both large and emerging tech employers. After leasing the U.S. Air Force Research Laboratory for several years, the City purchased the facility in 2014, renamed it, and retained its high security protocols. City of Peoria).
From the January/February 2014 issue. million to construct and equip a 150,000 square-foot office to house its headquarter operations at the Creekside Corporate Park in Zionsville, as well as lease more than 600,000 square feet of additional warehouse space in Indianapolis. By Jonathan Sanders. Hat World, Inc., Photo: HOLY-CRAFT.COM.).
From the May/June 2014 issue. which is leasing 88,000 square feet there. Complete Warehouse plans to clean up the environmental contamination at the site, redevelop the manufacturing facility and lease it to tenants. By Johnathan Sanders. million in brownfield grants to four major redevelopment projects in the City of Milwaukee.
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. The huge $791 million South Runway Expansion Project should be completed and ready for landings and takeoffs in September 2014. A burgeoning health care industry drives the regional economy in Pittsburgh.
Since arriving at CCIT in 2014, Aucta and its founder and CEO Shoufeng Li have enjoyed the collaborative atmosphere that incubator offers. million from the FDA’s Orphan Products Grants Program to support their ongoing Phase 2 trial with Baylor College of Medicine for axalimogene filolisbac. Advaxis currently employs more than 45 people.
From the July/August 2014 issue. Chief Executive magazine’s 2014 survey of CEOs ranked Florida #2 on its listing of “Best/Worst States for Business.” The services of CareerSource One Employment Solutions are also available to provide recruitment assistance for key positions as well as coordination of training for new employees.
From the May/June 2014 issue. The Black Forest Industrial Park, a 52-acre AdvantageSite in Ozark, AL, features a 29,580-square-foot building that is for sale or lease and can be adapted to clients’ specifications. as of May 2014). By Jenny Vickers. Across the U.S., Kumho Tire (Bibb County, Sofkee Industrial Site). billion.
From the January/February 2014 issue. Leases range from 5,000 square feet to complete buildings. An excellent education network of primary and secondary schools appeals to employers and employees alike. Another employment growth area in Stafford County is Boswell’s Corner. By BF Staff. A BUSINESS FRIENDLY ENVIRONMENT.
From the March/April 2014 issue. The New Jersey Economic Development Authority (NJEDA) recently approved the first projects under the revised Grow NJ program to encourage businesses to increase employment in New Jersey. One NJ option is a leased facility in Bridgewater; 274 jobs would remain in the state and 550 jobs would be created.
Determine, a global provider of cloud-based contract lifecycle management, will invest over $720,000 to lease and equip a 9,000-square-foot office in Carmel, which will officially become Determine’s global headquarters. Determine Inc. The company currently employs more than 160 associates globally, including approximately 35 in Indiana. “We
From the March/April 2014 issue. Targeted workforce development curriculum from the region’s community colleges makes advanced manufacturing one of the region’s top employers—both domestic and international. Other IT employers in Little Rock include AT&T Arkansas, SAIC, Verizon Wireless and Windstream Communications.
Highlights include the largest industrial spec development lease in the last five years in Broward County. The Alliance has a strong partnership with Broward County’s Workforce One employment center, securing nearly $1 million state and local training assistance for 1,107 employees in local companies. million paint shop.
From the July/August 2014 issue. In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70. By Jenny Vickers.
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. Automation Credit: Allowed only for the 2013, 2014 and 2015 through 2017 tax years, it is an income tax credit for purchasing machinery and equipment for the purposes of automating a manufacturing process in ND.
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.
From the July/August 2014 issue. Projections show that even just a 15 percent increase in 2014 could generate an additional 1,725 jobs and infuse another $10 million into Illinois’ economy.”. The property is being prepared for occupancy sometime in September 2014 by FedEx Ground Services to accommodate its expanding operations.
From the March/April 2014 issue. The Iowa wind energy industry supports up to 7,000 jobs, third in the country in employment related to the wind energy industry. In 2013, 459,380 kilowatt (KW) hours were generated by wind farms in Nebraska, a number that is expected to reach 534,380 KW hours in 2014.
For Bell Helicopter’s project in Lafayette, state leaders funded a new aircraft assembly center that will be owned by Lafayette Regional Airport, leased to Bell, and located near other major flight services companies. Also attractive to CSC were the state and region’s multiyear preparation to attract major technology employers.
percent in 2014 to $1.45 percent in 2014. percent in 2014 due to stronger shipment volumes and inventory carrying charges that were up 2.1 In 2014, consumers began to drive the economy once again as consumer confidence measures soared,” said Wilson. percent to $80 billion in 2014. percent in 2014.
Under the current administration of County Executive Barry Glassman, Harford County has retained its AAA bond rating, and since December 2014, has added more than 3.7 In relocating their facility from Baltimore to Rockville, the company leased over 15,000 square feet and brought over 50 employees to the area.
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., This reverses a five-year trend that resulted in employment decreases of 9.4 aerospace and defense sector continues to be one of the top employers in the U.S. billion in 2014, a 9.9
Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Qualified employers: . TAX INCENTIVES.
From the May/June 2014 issue. Additionally in 2014, the City of Frankfort already has announced the location of two food processing companies to the City. Employers throughout the state consistently give favorable ratings to Arkansas workers for their work ethic, skills, productivity and low turnover rates. By Julianne Feaver.
High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. Qualified employers can take the credit for four years. Are growing with employment greater than the previous year. Are growing with employment greater than the previous year.
is one of the nation’s leading operators of general acute care hospitals and one of Tennessee’s largest employers. The organization’s affiliates own, operate or lease 199 hospitals in 29 states with approximately 30,000 licensed beds. s $110-million firearms manufacturing facility in 2014. Source: georgia.org).
Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability. TAX INCENTIVES.
PactSafe , a legal-focused technology company, plans to invest $575,000 to lease and equip a new office in Indianapolis. Firms like PactSafe and WDD Systems can expand their operations and their services anywhere, but they are committing to Indiana because the benefits of doing business in a state that works are clear.”.
According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. billion in 2014, accounting for 12.1 In addition, more than 400,000 Americans were employed in FTZ activities in 2014, an increase of 7.7 employment growth. FTZs jumped 24.8 Located in or near a U.S.
The company plans to open its facility in January 2014. Cloud’s Airport Industrial Park, an area certified as “Shovel Ready” under the Minnesota Department of Employment and Economic Development (DEED) Shovel Ready Site Certification Program. Applications for that round of certification will open in January 2014.
And what appears to be the early signs of recovery for commercial building may well end up being deferred by rising investor concern about employment growth and the near term prospects for the U.S. billion project to widen the Panama Canal by 2014. “This is in part because of a $5.25
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
Jones Lang LaSalle’s (JLL) research experts have polished off the firm’s crystal ball and it reveals a clear path to stronger performance expectations for commercial real estate in 2014. JLL is less exuberant on the global leasing market forefront. JLL also expects office rent growth to pick-up modestly into 2014.
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. PortMiami contributes approximately $28 billion annually to the South Florida economy and helps provide direct and indirect employment for more than 207,000.
From the July/August 2014 issue. To read about the 2014 state rankings, visit this link.). Like Youngstown, Toledo is on track to see exports double between 2009 and 2014. By Business Facilities Staff. Austin, TX: On Top, Still Rising. Together, they employ thousands. Samsung Electronics Co., automotive industry.
exports by the end of 2014. Haley and the other 40 members of the SC delegation held a series of meetings with Japanese companies already doing business in South Carolina, such as Honda, Fuji and Bridgestone. Hitt noted that 147 Japanese-affiliated companies have invested $1.6 billion in South Carolina since 2006. They employ 12,500 workers.
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. If all the approvals are obtained, the overall casino project could be constructed in 2013 or 2014. Last year, CA Gov.
ALABAMA - updated for 2014. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Must expand its labor force, make new capital investment, or prevent loss of employment. Services are provided at no cost to employers or trainees.
Our competencies include expertise in construction materials , development of modern living spaces , and leasing state-of-the-art commercial real estate. Year of Establishment: 2014. Brand Name: Ambuja Cool Wall AAC Block. Company Name: Ambuja Cements Ltd. Available thickness: 100 – 225 mm. Annual Turnover: Rs.
FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
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