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As one of the largest debt buyers in the world with more than 3,800 employees in 12 countries, PRA Group plans to create 330 new jobs over five years. The LVGEA assisted Virtual Guard in the application for tax incentives, which was a crucial factor in its consideration to relocate to Nevada. The four projects are: PRA Group, Inc.,
Gas & Power and Consolidated Edison Development (ConEdison Development) have announced agreements to partner in five solar projects in Nevada and California. Gas & Power, ConEd Partner In NV & CA Solar Projects appeared first on Business Facilities (BF) | The Source for Corporate Site Selectors. Gas & Power, LLC.).
California (along with Florida and Nevada) was hit harder than anywhere else in the U.S. We tend to come down on the rainy-day side of these discussions, since many of the states who suddenly find their pockets bulging still have large debt obligations, including massive pension payments. What a difference three years makes.
“Tennessee always sets the bar high in meeting all of the priorities of businesses evaluating locations in the Volunteer State, whether it’s customized workforce training, prefertilized sites or lower industrial electricity costs.”. Bill Lee has cited TN’s business-friendly environment in several recent project announcements.
Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., 97% increase in personal property tax exemption.
Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site. The program ends December 2016. CONNECTICUT.
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