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After rising through the ranks of our Automotive Manufacturing Strength category like one of the Saturn V rockets they used to produce in Huntsville, Alabama finally has reached the summit in our flagship auto category. Auto Giants Keep Getting Bigger. automotive production, with more than 900,000 vehicles produced in 2013.
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. Labinal is part of the French aerospace conglomerate, Safran Group.
The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. defense contracts. Parkinson, Jr.,
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.
Made in Alabama since 1961, Wellborn Cabinet products are the culmination of 60 years’ experience in high-quality craftsmanship. LG’s 24-inch Styler, a steam clothing care system, refreshes clothing between dry cleanings, reduces odors, and is safe to use on more than 15 fabrics, including wool, sequins, and linens.
Our state could very well become the aerospace hub, when you bring all these suppliers in here to supply not only Boeing but possibly Airbus in Alabama,” he said. The company plans to add space that will house additional equipment and allow an increase in its machining fabricating, sheet metal and manufacturing capacity.
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.
Culpeper’s five strategically located Tech Zones provide incentives to qualified technology zone businesses. In addition, businesses that qualify for technology zone grants will receive reimbursements up to 100 percent of the cost for building permits and site plan review permits for the property subject to technology zone grants.
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