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Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

Business Facilities

The Michigan Economic Development Corporation (MEDC) is helping to transform the Michigan economy by growing and attracting business, keeping talented residents in the state and revitalizing urban centers. billion in investments and add 4,590 jobs in Michigan. Michigan was chosen over competing sites in Iowa and Mexico.

Florida 68
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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. These have been dark days for Detroit. The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy.

Detroit 51
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Using a formula that takes into account the new tax revenues generated by the 1,612 new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $54 million paid over 12 years. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.

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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. University of Michigan, Ann Arbor campus. Meyer Tool, Inc.

Omaha 76
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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

Not surprisingly, the traditional Northern auto centers (Michigan, Ohio, Indiana) continue to rule the roost as supply chain Jobs Leaders. Last year, the state signed an agreement with Mercedes-Benz that recognizes Shelton State Community College as one of the best in its field in preparing individuals for careers in manufacturing.

Louisiana 111
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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

A Federal Empowerment Zone designation, two Urban Enterprise Zones, flexible financing and low business costs make Cumberland County competitive with all areas of the country. Due to favorable lease agreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108