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Penske has opened a new truck rental, leasing and maintenance facility in Phoenix. PRNewsFoto/Penske Truck Leasing). Penske Truck Leasing held a grand opening event in Phoenix to introduce a new state-of-the-art facility. Posted by Heidi Schwartz. Southwest Blog-May-2013 Penkse Phoenix'
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. ALABAMA - updated for 2014.
What’s more, Arizona offers a robust portfolio of programs and resources supporting both large and emerging tech employers. After leasing the U.S. million-square-foot global command center in Mesa’s Elliot Road Technology Corridor; a key factor was the Corridor’s robust infrastructure. City of Peoria).
The company will lease 210,000 square feet at Tampa Regional Industrial Park and the facility is scheduled to open in late 2018. Advanced Airfoil Components will hire workers for a range of skilled positions, including technical engineers, manufacturing technicians and production workers.
We selected Louisiana as the site for the state-of-the-art, steam-cracking facility and adjacent ethylene glycol plant due to the advantages of existing infrastructure, including access to competitive feedstock resources, as well as the distribution infrastructure and a skilled and well-trained workforce,” Chung said.
With demand, rents and property values increase, and the people who called the neighborhood home before the infrastructure improvements took place are priced out. This means making sure ground floor spaces are designed and structured to allow affordable leases. This created an awareness of all the areas that needed to be addressed.
Jobs in this industry are in line with the types of employment opportunities that are sought after: stable, well-paid, semi- and high-skilled labor jobs, as well as managerial, design and engineering positions. semiconductor employment is the biggest job growth sector overall with employment rising nationwide by 3.7 In the U.S.
Gulftainer will lease the Port of Wilmington from the state of Delaware, construct a new container shipping facility, and expand jobs at the port over the next decade, according to the agreement. Read: Port Of Wilmington Expansion To Generate $600M In New Investment at BusinessFacilities.com.
Global railcar leasing company GATX Corporation will expand its Terre Haute, IN operations into a full-scale Midwest maintenance hub, creating up to 59 new jobs by 2020. The company also expects to construct new finishing and interior lining operations, expand its administrative offices and build new rail infrastructure.
Since everyone has been bemoaning the decaying state of America’s bricks-and-mortar infrastructure, we decided to accentuate the positive by bestowing our new IT Infrastructure award on three metros that bucked the trend and took matters into their own hands. ACHIEVEMENT IN IT INFRASTRUCTURE.
Kubota Tractor Corporation plans to purchase 203 acres near its current leased facility in Edgerton, KS, where it will establish its North American Distribution Center (NADC). customer base. customer base. Photo: Kubota Tractor Corporation). I’m so pleased about the growth and opportunity for Kansans this will bring.”.
The railcar leasing company will invest about $18 million over the next four years to expand its maintenance facility in Waycross, GA. Read: GATX Expanding In Georgia at BusinessFacilities.com.
SRP executed on substantial load requirements while working in concert with Eastmark Developer DMB and the City of Mesa infrastructure needed for the project. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” Mesa also processed the required permits expeditiously.
FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. Services are provided at no cost to employers or trainees.
INVESTING IN 21ST CENTURY INFRASTRUCTURE. Stafford County has put a high priority on investments in infrastructure, including high-speed broadband as well as traditional transportation projects. Based in northern Virginia, SummitIG is a custom network solutions and bandwidth infrastructure provider.
So high are these stakes that the Telecommunications Industry Association has even published a document detailing the minimum requirements for the infrastructure of data centers and computer rooms. That was the challenge facing Jay Parikh, Vice President of Infrastructure Engineering at Facebook.
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. From aerospace and aviation to cloud technology, biotechnology and life sciences, marine and international trade and logistics, the area offers a strong infrastructure to support these growing industries.
Roughly 20 million foreigners visit Mexico each year thanks to a well-oiled tourism infrastructure, rich cultural events and famous stretches of beach. The multi-million dollar lease and construction project will occupy 57,000 square feet.
MISO will invest $30 million in its Carmel campus, including costs for construction, new technology and leasing to reconfigure its 133,409-square-foot facility to increase the efficiency of its operations. The Magic Growth Bullet: Infrastructure Investment. Midcontinent Independent System Operator (MISO) Inc.,
With that critical infrastructure in place, VEESAG has started to scale up the manufacturing of its watches in order to make them widely available to consumers. million from the FDA’s Orphan Products Grants Program to support their ongoing Phase 2 trial with Baylor College of Medicine for axalimogene filolisbac.
Infrastructure-related renovations, including a new roof, plumbing and electrical systems, are currently underway, and OTES plans to launch its Indiana operations early next year. The company will occupy nearly two-thirds of the facility and lease the remaining space to other area businesses. The company will invest $1.2 Image: OTES.
That infrastructure, combined with an affordable, qualified workforce and a favorable business climate, make the state an ideal location for businesses wanting to easily move bulk commodities and consumer goods. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway.
However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. In May 2013, CSX Transportation Inc.
Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. TAX INCENTIVES.
Paul, MN-based Securian Financial Group, will lease four floors of a new 137,000-square-foot, five-story facility in Carmel’s emerging Midtown district. Both announcements are endorsements of our economic development efforts, which include investing in our infrastructure and encouraging sustainable and walkable environments.
Cities are not just growing outward but are also being redeveloped to accommodate higher densities and more complex infrastructures. Transport and infrastructure projects As urban areas grow, the need for improved transportation and infrastructure becomes more pressing.
Economic Development Fund: The new FastTrack Economic Development Fund expands Tennessee’s current FastTrack infrastructure and job training program by providing additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. The training is post-employment.
Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. be certified by the Department of Commerce.
West Virginia Infrastructure and Jobs Development Council: The fund can be used for financial assistance to private companies, public utilities, and county development authorities for infrastructure improvements to support economic development projects. TAX INCENTIVES. The $32,000 figure is adjusted annually for cost of living.
The new R&D center will create 732 new jobs and have a total economic impact of $250 million via direct local salaries, lease on the property, and capital improvements at the facility. Andrew Florance, CoStar Founder and CEO, announces his company’s $8M investment in Richmond, VA.
No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built.
is one of the nation’s leading operators of general acute care hospitals and one of Tennessee’s largest employers. The organization’s affiliates own, operate or lease 199 hospitals in 29 states with approximately 30,000 licensed beds. The company operates the largest private electronic health record deployment in the world.
A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., This reverses a five-year trend that resulted in employment decreases of 9.4 aerospace and defense sector continues to be one of the top employers in the U.S. Acadiana is home to PHI, Inc.,
Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job.
Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Qualified employers: . TAX INCENTIVES.
Our competencies include expertise in construction materials , development of modern living spaces , and leasing state-of-the-art commercial real estate. We are backed with high-tech infrastructure that sprawls over a wide area and is equipped with the latest machines that help us to construct these products in an efficient manner.
Alabama’s AdvantageSite program has had a tremendous success record in matching new industrial projects with infrastructure-rich sites in the state. The Black Forest Industrial Park, a 52-acre AdvantageSite in Ozark, AL, features a 29,580-square-foot building that is for sale or lease and can be adapted to clients’ specifications.
The federal government is allocating over a trillion dollars in funding for public infrastructure construction projects over the course of the next decade. Building services” are defined as regular building maintenance and cleaning services. Learn more – Prevailing Wages in New Jersey: What Contractors Should Know.
However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. The state’s award-winning infrastructure and proven logistics capabilities also play a role in the success of companies in the state.
State Sales & Use Tax Exemptions: Leased or purchased machinery, equipment, replacement parts and accessories that have a useful life of more than six months, and that are used or consumed in the manufacturing, processing, fabricating or repairing of tangible personal property for ultimate sale, are exempt from state and local sales and use tax.
Cloud’s Airport Industrial Park, an area certified as “Shovel Ready” under the Minnesota Department of Employment and Economic Development (DEED) Shovel Ready Site Certification Program. Shovel Ready Silver certified sites means that its documentation is less than one year old and has proper zoning and infrastructure built to the property.
Islip boasts the largest industrial corridor in the Long Island region, major infrastructure advantages over surrounding areas, and an Industrial Development Agency (IDA) that has won renown for its continuous ability to attract new businesses. ISLIP: LONG ISLAND’S LARGEST INDUSTRIAL CORRIDOR.
The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. Barstow is where an eclectic mix of railroad, military, high technology, and mining employers have located.
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