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The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets that existed during 2013, is narrowing in the United States as the nation’s recovery broadly diversifies ahead of many of its global counterparts.
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.
It also relies too heavily on leasing in situations where ownership would be more cost efficient in the long run. GAO 2015 Report. Government owners are the stewards of the federal/state/county/local built environment, yet many, if not most, have generally not taken responsibility for their respective roles.
NextGear Capital, which provides inventory financing programs for more than 17,000 automotive dealers across the country, has announced plans to expand its headquarters in New Carmel, IN, creating up to 169 new jobs by 2015. million to lease and renovate a second Carmel office. The company will invest $19.5
plans to create 1,500 new direct jobs by late 2015 paying an average annual salary of $47,700, plus benefits, as well as make a capital investment in excess of $100 million. Bobby Jindal has announced that Elio Motors plans to assemble new vehicles at the former General Motors Shreveport, LA, plant. Elio Motors Inc.
If the company opts for New Jersey over leasing a competing facility in the Bronx, the project would result in the creation of 40 new jobs and private investment of more than $8.9 Within advanced manufacturing, employment in food manufacturing is second only to chemical manufacturing, with more than 31,500 employed in New Jersey in 2015.
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. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
This unique facility is one of the first in the country to provide a central location for students and families to connect with new student services, admissions, financial aid, housing and dining services, and career and employment services. The new wing contains state-of-the-art classrooms and specialized laboratories.
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. The final challenge, scheduled for December 2015, will come with a $2 million cash award for the overall winner. Perry said.
What’s more, Arizona offers a robust portfolio of programs and resources supporting both large and emerging tech employers. After leasing the U.S. In 2015, Apple decided to put its $2 billion, 1.3-million-square-foot P83 Innovation Center campus conceptual renderings. City of Peoria). Army and other foreign militaries.
The office building is scheduled for completion by spring 2015 with the residential complex following in the summer. During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge.
Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” IBM’s Tech Center in Baton Rouge will open in 2015. Completion of the fulfillment center is expected in August 2015, at which time 500 employees will be hired. Photo: georgia.org.). The center will more than 500 direct jobs.
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.
Infrastructure and a workforce that specializes in industrial sector employment are two areas where many competing locals around the nation fall short when compared to Southwest Louisiana. Generally these sites are leased. The public will build to suit and issue bonds for buildings and lease them back to the business.
Beyond Venyu’s direct employment, the four-floor data center building will include two floors of commercial space available for lease, providing the potential for another 50 jobs associated with tenants. “We building in early 2015 to pave the way for the Venyu project and the economic impact it would bring downtown Shreveport.
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.
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.
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. Hat World, Inc. The Indiana Economic Development Corporation offered AB BioTechnologies, Inc.
Paul, MN-based Securian Financial Group, will lease four floors of a new 137,000-square-foot, five-story facility in Carmel’s emerging Midtown district. Pence Says 2015 Record-Breaking For Company Commitments. The company, which is a subsidiary of the St. Indiana is our home,” said Pete Hilger, president of Allied Solutions. “I
car sales in 2015 notched a blistering record pace, exceeding the previous high achieved 15 years ago as the low price of gasoline, a recovering economy and low interest rates turbocharged new car sales. In 2015, automotive manufacturers and suppliers made 80 announcements, promising to bring more than $2.8 In all, automakers sold 17.5
Vonco is leasing the building from KABA and will have an option to purchase the facility. Wisconsin manufacturers produced more than $57 billion worth of output in 2015, accounting for 19 percent of the state’s gross domestic product. Vonco will be the anchor tenant of a new business park being developed by KABA.
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.
The office building is scheduled for completion by spring 2015 with the residential complex following in the summer. During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. TEXAS CITIES SURGE AS RECOVERY EMPLOYMENT LEADERS.
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. O’Malley, this project is putting the Port of Baltimore in an excellent competitive position for when the Panama Canal expansion is completed in 2015.
When the Panama Canal expansion is complete in 2015, supersized post-Panamax ships from Asia will be able to traverse the canal and, for the first time, have direct all-water shipping access to ports on the Gulf of Mexico and the East Coast. By Jenny Vickers. From the July/August 2013 issue. markets via train or truck.
The retail sector in the United States includes well over three million retail establishments and according to a report conducted by PricewaterhouseCoopers LLP, it is the largest private-sector employer in the U.S., Forbes magazine reported in 2015 that the Cape Coral metropolitan area is No. Bankrate, 2015).
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
The Rochester Opera House has been enjoying a renaissance, with 2015-2016 being its most successful season since it reopened in the 1990s. percent in 2015, distributing the property tax burden across a more diverse base and allowing for services in the city to keep pace with demand. percent in 2003 to 24.7
In 2015, San Marcos snared the largest job-creating project in the history of the city and surrounding Hays County—Amazon’s new fulfillment center, which is bringing more than 1,000 jobs to the region at the site. is one of the nation’s leading operators of general acute care hospitals and one of Tennessee’s largest employers.
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. 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: . Qualified employers can take the credit for 4 years.
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. Two additional hotels are in the pipeline and will be opened by 2015.
From the September/October 2015 Issue. 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. By the BF Staff. Army’s key training posts.
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. Tax Incentives. Five-Year Policy Changes: Year. Apportionment.
Jet launched in July 2015, bringing a significant number of jobs to Hoboken. Last year, childcare learning center Kiddie Academy signed a lease to occupy a portion of the complex’s retail space. Company sales in 2015 were estimated at approximately $50 million. Green Building Council (USGBC). Bank, FedEx and Chase Bank.
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. Acadiana is home to PHI, Inc.,
percent between 2015-2019, which is lower than the average increases before the Great Recession. At the beginning of 2015, 566 companies employed more than 27,000 workers, with an average employment growth of more than five percent per year. Spending as a percentage of GDP also is expected to decline, from the 10.3
” The Bureau of Labor Statistics projects 5.1 % employment growth for environmental engineers between 2018 and 2028. Our services include spare parts supply, and build-own-operate (BOO) and maintenance contracts, technical audits, leased water treatment systems, technical training, and remote monitoring. WAE Corp Pvt Ltd .
Since program inception through year-end 2015, over $31 million in Innovate NY Funds have been invested in over 70 startup and seed stage companies across the State. 1366 Technologies, which was named one of the top 10 most-innovative energy companies by Fast Company in 2015, aims to drive down the cost of solar electricity.
The lab opened in May 2015. Congressional District, which includes Wheeling, is the third-largest industrial concentration in the United States, and Wheeling is counted among the top five manufacturing employment communities in the state. Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people.
Set to open early 2015, NGI will be the world’s leading center of Graphene research, combining the expertise of University of Manchester academics with their counterparts at other UK universities and with leading global commercial organizations. Graphene was isolated for the the first time at the University of Manchester just 10 years ago.
Economic development partners, such as The Workforce Development Board of Oswego County, create opportunities to bring workers and employers together and collaborate with colleges and vocational schools to encourage the development of courses that enhance workers’ skills and meet the needs of employers. percent between 2008 and 2018.
The Governor’s University Research Initiative (GURI): The Governor’s University Research Initiative (GURI) was enacted in 2015 by the 84th Legislature with a goal to bring the best and brightest distinguished researchers in the world to Texas.
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. million barrels per day by 2015” is “the biggest construction project in the U.S.—a
The Iowa wind energy industry supports up to 7,000 jobs, third in the country in employment related to the wind energy industry. The expansion consists of five new projects and will add up to 1,050- MW of wind generation in Iowa by the end of 2015. million reduction in 2015. These three new projects amount to over $1.25
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