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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

Rising stars Tennessee and Indiana, our fourth- and fifth-ranked states in Best Business Climate, show no signs of abandoning their upward mobility in this flagship category. In January 2010, Tennessee passed the First to the Top Act (FTTT). At press time, Tennessee Gov. TN is Race to the Top Leader.

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July/August 2014 Issue (Volume 47, Number 4)

Business Facilities

SNAPSHOTS: 60 Seconds… | with Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development. INDUSTRY FOCUS: Global Aerospace Production Soars To New Heights | The surge in commercial aircraft production is offsetting declines in the global defense sector. Business Facilities : July/August 2014 .

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COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

Buisness Facilities Contributed Content

Using these criteria, Texas, Florida, Tennessee, Indiana and Georgia took the top five slots in Best Infrastructure, respectively. 3 in Aerospace/Defense Industry Leaders, no. Texas, our 2013 State of the Year, has repeated as our top-ranked state for Best Business Climate and snared our no. Here’s a sampling: no.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones. Broward County, FL (Zone 25) and El Paso (Zone 68) took top honors in the Top FTZs (Exports) category. Years in the making, the exchange allowed FedEx to accomplish a critical expansion onto the former base.

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