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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. This quickly expanding success story has earned the Georgia Department of Economic Development our 2014 Achievement in Cluster Development Award.
From the March/April 2014 issue. 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. headquarters.
Highlights include the largest industrial spec development lease in the last five years in Broward County. Family-owned Duncan Aviation is undertaking a $25-million expansion including an 80,000-square-foot maintenance hangar, 95,000 square feet of office and shop space; the new facilities are scheduled to open in June 2014.
China Sees Long-Lead Lease Renewals: Long-term, increased consumer demand will drive the need for high-quality logistics properties throughout Asia Pacific industrial sectors. While some construction projects aimed at alleviating growing pains are in the works, several are not expected for completion until 2014.
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. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. Strong workforce within a 30 minute commute zone.
million in a port-owned distribution/ripening facility to be leased to Chiquita. Archives Articles By Industry Articles By Location Articles By Topic Daily News Featured Post Incentives Logistics And Distribution Louisiana Mississippi Online Features Ports And Free Trade Zones U.S. per TEU (total value of $1.11 million to 1.45
In Lafayette, CGI is solving complex business and IT challenges for clients seeking services from a technology partner that shares a common time zone, language and understanding of client business operations. CGI selected Lafayette in April 2014 after a nearly two-year site-selection process that evaluated locations across the U.S.
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. Danos has announced the company’s selection of the Port of Iberia for a new $23.2
From the January/February 2014 issue. 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. Photo: solarsystems-usa.net).
Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. 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 military forces. It has been a critical tool in helping U.S.
From the May/June 2014 issue. 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. as of May 2014). By Jenny Vickers. Across the U.S., million in capital investments.
From the May/June 2014 issue. This Michigan Certified Business Park is in an Industrial Development District, zoned for M-1 Light Industrial. There also is a build-to-suit leasing option for development in the same area. Great Lakes Utilities BF-May/June-2014 Dart Development Huntley' By Dominique Cantelme. Far West U.S.
The huge $791 million South Runway Expansion Project should be completed and ready for landings and takeoffs in September 2014. The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. of new office space by 2014. The bioscience industry in Georgia created $19.5
From the July/August 2014 issue. Cape Coral hosts diverse investment zones, commercial corridors and industrial parks suitable for a wide range of corporate and entrepreneurial pursuits. Chief Executive magazine’s 2014 survey of CEOs ranked Florida #2 on its listing of “Best/Worst States for Business.” By Dominique Cantelme.
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.
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.
FEC signed a lease agreement with Broward County in March 2012 to build and operate the intermodal facility for 30 years. The $791-million South Runway Expansion should be completed and ready for operation in September 2014. Broward contributed the land for the facility to serve its domestic and international business segments.
Plans to revitalize the Panama Canal were first announced in 2006, with a scheduled completion date of 2014; this has since been revised to 2015. Similarly, others that are competitive shipping destinations, such as Houston, Miami and Baltimore, are moving to re-establish more solid industrial leasing and investment conditions.
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. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. The project must then be presented to U.S. Congress for authorization. “As
The company plans to open its facility in January 2014. 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. To get ready, many states across the U.S. The program also has two additional tiers of readiness.
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.”. Existing Foreign Trade Zone and U.S. By Robert Tilton. Pat Quinn and state agencies are working together to advance Illinois.
From the March/April 2014 issue. 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. By Jenny Vickers and Jack Rogers. wind power generation capacity has quadrupled in the past five years. Ever since the oil shocks of the 1970s, a primary U.S.
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.
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.
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. As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. By Julianne Feaver.
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.
Job creation and real property tax credits are available in our Enterprise Zones; workforce technical training grants support a skilled workforce; cost-saving energy programs are available through our utility partners; and the Harford Metro Area Network’s broadband access can provide redundancy through dark fiber and lit service.
million workers in 2014, and another 3.2 billion in state and local income taxes in 2014, a $1.5 billion in 2014, a 9.9 Located on the Grounds of the FAA Technical Center, the Stockton Aviation Research and Technology Park (SARTP) currently is leasing space on its 58-acre campus. million indirectly. Tax Foundation.
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. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. By Business Facilities Staff. Austin, TX: On Top, Still Rising.
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
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. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. A comprehensive guide to state incentives offered throughout the U.S.
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. TAX INCENTIVES. Appointment.
Rural New Mexico is defined as any part of the state other than Los Alamos County; certain municipalities: Albuquerque, Rio Rancho, Farmington, Las Cruces, Roswell and Santa Fe; and a 10-mile zone around those select municipalities. A qualifying job is a job filled by an eligible employee for 48 weeks in a 12-month qualifying period.
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.
From the May/June 2014 issue. The Horizon 2020 framework program, for example, covers the period 2014 to 2020, and it is the EU‘s main instrument for supporting research, development and innovation in Europe. Another Bio-incubator is called Eurobiotec Brussels and sits in the Erasmus Industrial Zone in the capital.
In the Bluegrass State, companies announced 92 new-facility or expansion projects since the beginning of 2014, according to the Kentucky Cabinet for Economic Development. As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. Zoned mixed-use/commercial.
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