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The post MTC Logistics Opens $61 Million Cargo Hub In Alabama appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. MTC's new Mobile, AL, facility will lead to the creation of 75 jobs, has potential for further growth in future.
Read Walmart Investing $135M In Alabama Import Facility on Business Facilities - Area Economic Development, Site Selection & Workforce Solutions. The retail giant will open an import distribution facility and create 550 jobs at the Port of Mobile; is first to qualify for a new port credit to stimulate cargo traffic and job growth.
Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. Business Facilities’ 15th Annual Rankings: State Rankings Report.
Iowa remains the undisputed champ of traditional ethanol production, but the Hawkeye State has laid down a marker it’s not sitting on its hands as the future of ethanol unfolds: Iowa is second only to Alabama in leading the way to commercial production of cellulosic ethanol. 5 in Biotechnology Strength Employment Leaders, no.
Greg Canfield, Secretary, Alabama Department of Commerce. plant in the state is already drawing attention to Alabama worldwide; much like the Mercedes-Benz announcement did in 1993. BF: Growth of film and entertainment industry employment in Alabama also is a DOC priority. By Business Facilities Staff.
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. of employment in its biotech sector, anchored by its world-class research institutions, including the Mayo Clinic and the University of Minnesota.
When jobs stopped getting created (and in many areas employment was still hemorrhaging), we introduced the concept of growth potential as a key measure in our flagship rankings categories. Mercedes’ decision was a game-changer: the German automaker’s arrival opened the door for other industrial giants to come to Alabama.
A supplier network already is queuing up to put down roots in Alabama to service Airbus. Robert Bentley met with Labinal officials during a visit to the Farnborough International Air Show in England last year and encouraged the company to locate in Alabama. TEXAS CITIES SURGE AS RECOVERY EMPLOYMENT LEADERS.
Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced. ACHIEVEMENT IN WORKFORCE TRAINING.
ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH. million aviation technical school is nearing completion at the Fairhope Airport Industrial Park, designated at an Alabama AdvantageSite. It’s not just southern hospitality and charm that are driving economic growth in Alabama. Coupled with one of the lowest tax burdens in the U.S.,
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.
Alabama’s AIDT (Alabama Industrial Development Training) is a major force for workforce training in the state. Called the Alabama Robotic Technology Park (RTP), the project is helping to move Alabama to the forefront of education, training and technology. AIDT Builds Skilled Labor in AL. aerospace industry.
ALABAMA - updated for 2014. Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office.
INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.
McAuliffe signed Executive Order 23 establishing “The New Virginia Economy” Workforce Initiative which laid out plans to overhaul Virginia’s economy in four ways: increasing postsecondary education and workforce credentials; securing employment for veterans; aligning education with the needs of businesses; and diversifying the economy.
Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. Austin is now one of the nation’s top emerging high-tech cities, with more than 120,000 people employed by around 4,400 technology firms. Together, they employ thousands. Samsung Electronics Co., Airbus is the largest customer of the U.S. Mid Atlantic U.S.
The Alabama legislature had a very active 2012 session in terms of economic development initiatives. Quinn signed into a law a bill that extends the life span of enterprise zones for 25 years. The first group of the State’s enterprise zones was set to expire in 2013.
could wipe out their profit margins for smaller vehicles and force the auto giants to eliminate many of these models, reducing overall production and the employment associated with it. employment]. textile production, exports and employment.” textile production, exports and employment.”
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