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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.

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

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ODEC is currently working with the Cecil County government on the proposed project and will apply for a Certificate of Public Convenience and Necessity from the Maryland Public Service Commission this May. The company filed for a Chapter 11 reorganization of its debts in U.S. Synagro Moves Jobs to Baltimore Area.

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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The program ends December 2016. Any unused credit may be carried forward for a period of nine years.

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