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Indiana-based Autocar is investing $120 million to open an Alabama heavy truck assembly operation with 746 jobs. Image: Alabama NewsCenter). We look forward to building a lasting partnership with the company and supporting its efforts to build another great ‘Made in Alabama’ product.”.
Business Facilities’ 2015 State of the Year: Alabama originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. When you talk to folks in Alabama, you might think from the slow-and-easy rhythm of conversation in the Deep South that nobody’s in a hurry to do anything.
When you talk to folks in Alabama, you might think from the slow-and-easy rhythm of conversation in the Deep South that nobody’s in a hurry to do anything. The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year. billion haul in capital investment for Alabama.
The first was not unexpected, although China’s lead in developing alternative energy is expected to shrink as its ability to spur solar panel production is eliminated by trade negotiators enforcing a WTO decision citing China for subsidizing its industry. Mercedes is a great cheerleader for Alabama.”. Bentley told us.
A recent report from MyEListing.com, a commercial real estate website, found that roughly 15% of American households are behind on rent this fall, particularly in states like South Dakota and Alabama, where median rents are on the rise. . in June 2022 to 8.4% by May 2023, the report predicts. Housing Markets. Build to Rent.
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.
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.,
If the UAW succeeds in getting a foothold in Chattanooga, two other German auto facilities in the South–BMW in South Carolina and Mercedes-Benz in Alabama–probably can expect a knock on the door from the autoworkers’ organizers. Now, buoyed by a brisk recovery in the U.S.
The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables. billion in total economic value for Alabama from the cargo and vessel activity at the Port of Mobile; of this value, $18.7
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.
expanded into markets in Iowa, Alabama, and South Carolina, and became a shareholder of American Southern Homes after it acquired Grayhawk Homes in November 2019. . “If “If you can’t do that, you’re going to be one of the first people whacked,” he says. . In 2008, when Hodges was working through the housing crisis in Florida for builder K.
The result: Pacesetter University, an in-house, year-long program that covers all of the topics a high-level salesperson should understand, including product knowledge, construction, land features, negotiating, finance, and more. In addition to the sales team, the marketing, contracts, and closing departments also enrolled in the university.
To deliver the airborne and impact sound transmission performance owners and developers require for multistory office and residential buildings, Tindall knew that exceeding the minimum sound transmission requirements was non-negotiable. Therefore, in addition to the UNCC testing, it also tested the acoustical performance of T-SLAB.
A construction company that is considered a PRP will need to negotiate a settlement agreement with the EPA. In 2021, Alabama brought a lawsuit against a contractor for “unauthorized open burning of imported vegetation,” an alleged violation of the CAA that carried a penalty of up to $25,000 per day. Catellus Development Corp. ,
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.
As this is being written, Missouri, South Carolina, Texas, Alabama, Utah, California and Washington reportedly have thrown their hats into the ring in what is shaping up as the biggest economic development contest in recent memory. A successful bid for the 777X could make SC the nation’s leading commercial aircraft hub. Far West U.S.
The negotiations to amend NAFTA are expected to take several months to complete. In the upcoming negotiations, the U.S. In the upcoming negotiations, the U.S. But BFA is worried about what may emerge from the NAFTA negotiations, particularly if revisions include new requirements that U.S. This burgeoning tide of U.S.
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