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Port Of Wilmington Expansion To Generate $600M In New Investment

Business Facilities

Gulftainer will lease the Port of Wilmington from the state of Delaware, construct a new container shipping facility, and expand jobs at the port over the next decade, according to the agreement. Read: Port Of Wilmington Expansion To Generate $600M In New Investment at BusinessFacilities.com.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. The cranes were also part of the agreement. Under the agreement, Ports America Chesapeake has daily operational control of Seagirt, but the state continues to own the facility.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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 program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.

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Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Announced that it has entered into an option and license agreement with Pfizer. The figure includes $593 million in direct spending by, and investments in, the 38 companies and about a dozen research organizations leasing space in the center. Recently, the biotech company Philogen S.p.A. billion for the state—including $1.6 Another $1.2

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Washington County boasts a regional life science community with more than 11,000 professionals living in the area; a supportive community college with a successful biotech program and Fort Detrick internship agreement; and a high-tech business incubator. The cranes were also part of the agreement. According to Maryland Gov.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The first, announced in 2012, is ConAgra’s new facility and research agreement. AeroTurbine, the Miami-based aviation supply company is expanding to a new, 264,000-square-foot building in Miramar.

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