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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.
One of the fastest growing trends in the site selection business is the demand for certified industrial sites. Companies looking to build new facilities want sites that are ready to go and relatively risk free. ALABAMASITES ARE READY FOR JOB-CREATING GROWTH. Across the U.S.,
As priorities for site selection requirements change, we adjust the rankings to give you our most credible assessment of which locations are meeting those requirements. Our new Most Improved Business Climate ranking gives kudos to up-and-comers Ohio, Alabama, Kansas, Minnesota and New Jersey.
Key to the new marketing initiative was a CEO Council-sponsored hosting event for leading corporate real estate executives, site selection consultants and media outlets, which included a reception at Nova Southeastern University’s new $50-million Oceanographic Center. Cabela’s site is part of Nebraska Technology Park. The company $7.2-million
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.
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. OPPORTUNITY ZONES ARE HERE. TN TOPS IN BUSINESS CLIMATE.
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.
The riverfront complex is being built on the old Advocate newspaper site bordered by Main, North, Lafayette Street and River Road. Honeywell Performance Materials and Technologies recently announced a $208-million investment in new manufacturing at its four production sites in Louisiana. The approximately $30.5 billion over 10 years.
The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. The post September / October 2021 Issue (Volume 54, Number 5) appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. Roy Cooper.
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). Many large national and global businesses actively site projects in areas where renewable energy sources are available in order to meet broader company-wide sustainability goals.
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.
Alabama exports totaled a record $21.7 Read: Alabama’s 2017 Exports Set New Record at BusinessFacilities.com. billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.
Apple’s selection of Austin as the site for its new $304-million Operations Center was the Bronze Award winner in Business Facilities ’ 2012 Economic Development Deal of the Year competition. The riverfront complex is being built on the old Advocate newspaper site. At year-end 2012, 190,900 jobs had been added with wages totaling $9.9
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.
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.,
The Midwest Inland Port is served by a Foreign Trade Zone and provides local Customs Clearing, features that are being enhanced to provide a more robust set of service offerings. The Santa Teresa and Columbus ports-of-entry have overweight cargo zones with a six-mile radius for trucks carrying a reducible load up to 96,000 lbs.
The state is providing $120 million in incentives for upfront expansion costs such as utilities and site preparation. 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. COLLABORATION, INNOVATION IN WINSTON-SALEM.
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.
Additionally, the T-SLAB production process enables the inclusion of conduits, solid zones (as structurally or functionally required), and holes for ducts and drains. It selected a 12-storey residential mid-rise tower the company was erecting in Richmond, VA, to be the subject of the site testing. The results speak for themselves.
Business Facilities' 2018 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including solar energy, job growth, economic growth potential, diversity, and more. Read: Business Facilities’ 2018 Metro Rankings Report at BusinessFacilities.com.
The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI. Read: Destinations For Foreign Direct Investment: FDI Lives Here at BusinessFacilities.com.
Its completion in the fall of 2018 will cut Atlanta truck traffic by 50,000 trips per year, and expand GPA’s reach into Tennessee, Northeast Alabama and parts of Kentucky. The GPA broke ground on this inland rail yard in Chatsworth, GA, in FY2017. Adding capacity for motor carriers. percent increase.
Read June 26 or Bust on Business Facilities - Economic Development, Site Selection & Workforce Solutions. Please select an option! View Results Hide Results. June 26 or Bust. adapt-990-high-postpanamax_330x400.
Made in Alabama since 1961, Wellborn Cabinet products are the culmination of 60 years’ experience in high-quality craftsmanship. Units are flat-packed for shipping and assembled on site with all of the drawers, doors, and accessories. . Zoned HVAC / Mitsubishi Electric. sustainable materials. . Click for more info. . .
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.
auto workers in Alabama for a conglomerate based in South Korea) and head over to the mall to purchase a lightweight cotton shirt. .” But Tantillo also argued against reinstating tariffs and said the renegotiation of NAFTA “must not disrupt the high level of supply chain integration that exists today.”
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