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State Focus: Minnesota’s Formula For Success

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Minneapolis alone generated nearly 15,000 new jobs from 2010 to 2012, according to an analysis last year by the Minnesota Department of Employment and Economic Development (DEED). to Bloomington, near the Minneapolis-St. The Greater Minneapolis Saint Paul region is solving its most important challenges for the future.

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SPECIAL REPORT: Two Train Cars Forward, Three Cargo Ships Back

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The Railroad sector was the big winner with a 15.3 There are networks with 120,000 miles of major railroads, more than 25,000 miles of commercially navigable waterways and more than 5,000 public-use airports. Within a 900 mile drive of Hoosier Energy services are communities from Dallas to Jacksonville and New York City to Minneapolis.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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Within a 900 mile drive of Hoosier Energy services are communities from Dallas to Jacksonville and New York City to Minneapolis. Overall, between the Joplin schools and MSSU, more than $100 million has been spent on educational facilities. Two Class 1 and one local railroad are important parts of the transportation system.

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State by State Incentives Guide

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Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

Income 108
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Cover Story: New Energy Powers Growth

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states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline. In November 2013, a new generation of biofuels debuted at this Penn Minnoco station in south Minneapolis. So evolved is Louisiana’s pipeline infrastructure that the state’s No. times that of the Nos.

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STATE INCENTIVES GUIDE

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BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. The educational facility will also serve as fiscal agent for the project.

Income 75