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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 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. Rail access is provided by both the Burlington Northern Santa Fe (BNSF) and Union Pacific (UP) railroads, as well as several short-line railroads.
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. and Mutual of Omaha. defense contracts.
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.
Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. The Obama Administration is moving forward with an aggressive federally funded program, first announced by the president in his 2013 State of the Union address, to create advanced manufacturing hubs in emerging growth sectors. Names Innovation Hubs.
Most of America’s unions want major revisions, but their clout in Washington is a shadow of what it was in 1993; as right-to-work laws have been adopted by a majority of U.S. states, union membership rolls have cratered]. ” Sounds about right to us. Since the temps are pushing 90 F.
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