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FEATURE STORY: 2013 Economic Development Awards

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Qualifying businesses are eligible to receive an accelerated, 10-year state income tax depreciation deduction, a sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed, and a 10-year ad valorem tax exemption. Achievement In Ports/FTZs.

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Location Focus: New York – The Empire State Leverages Its Strengths

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Business will be able to locate in these special university economic zones and operate 100 percent tax-free for 10 years, with no income tax, business or corporate state and local taxes, no sales tax, no property tax, no franchise fees, and in many cases, no income tax for employees.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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The property is part of the Urbana Corporate Center, a large campus that also is home to a 60,000-square-foot data center servicing Fannie Mae, a provider of housing loans to low-income Americans. The new data center will seek LEED Gold certification, and is scheduled to complete construction in late 2014.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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The result was a deal that not only keeps Urban Outfitters in Pennsylvania, but secures a commitment to build two new facilities—a $100-million headquarters expansion at its Philadelphia site and a new $110—million fulfillment center in Gap, PA in Lancaster County. The company will occupy the new building in early 2019.

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COVER STORY: 2012 Economic Development Deal of the Year Awards

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Entries from 17 states that jousted for our top awards included a biotech mega-complex in Georgia, a world- class commercial aircraft assembly facility in Alabama, a yogurt plant in Idaho and even a refinery in Philadelphia. Personal income impact estimated at $273 million (direct). Project Impact Estimates. the new plant to?more

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Industry Focus: Food Processing – The Process Of Consistency

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Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Philadelphia, Cleveland, Toronto and Montreal. These arteries link the city with major markets along the east coast including Philadelphia, Wilmington, Baltimore, Washington D.C.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The Work Ready Kentucky Scholarship covers tuition for Kentucky students enrolling in nearly 1,000 certificate and degree programs in five, high-demand sectors. ALUMINUM GOES WHITE-HOT IN KY.