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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'
Multifamily Housing Affordable Housing Office Buildings Retail Centers Shopping Centers Transit Facilities Despite the best efforts of city governments and their transportation departments, transit-oriented-development projects often unintentionally burden existing residents and small businesses in the area.
percentage points to 50.8%, and the Employment Index increased 4.6 percentage points to 54.7%, indicating growth in employment for the 11th consecutive month. ” Employment activity in the non-manufacturing sector grew in June for the 11th consecutive month. ISM’s Non-Manufacturing Employment Index registered 54.7
Employment. Employment activity in the non-manufacturing sector grew in April for the ninth consecutive month. ISM’s Non-Manufacturing Employment Index registered 52 percent, which reflects a decrease of 1.3 Ten industries reported increased employment, and six industries reported decreased employment.
Infrastructure and a workforce that specializes in industrial sector employment are two areas where many competing locals around the nation fall short when compared to Southwest Louisiana. The parish, located on the Gulf of Mexico, offers a complete multi-modal transportation system found very attractive by many businesses.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
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. GATX, which leases railcars to a diverse mix of global companies, currently has more than 121,000 railcars in its North American fleet, serving more than 900 customers.
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.
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.
Arkansas offers companies a strong transportation network with intersecting Interstates, rail access and water transportation. Many of Arkansas’s port locations have railway connections that provide a smooth transition for various modes of transportation and quick delivery. Interstate 55 links eastern Arkansas to St.
Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.
The mission of the Alliance is to maintain and grow the presence of target industry companies in the Greater Fort Lauderdale/Broward County area that can take advantage of our highly educated and diverse workforce, transportation access, and highly rated business and personal tax climate.”. ACTAVIS EXPANDS, CREATES 220 JOBS. Our Anda, Inc.
KNEV will provide support for companies developing and commercializing products in the following areas: Alternative transportation fuels produced from coal, waste coal, biomass or extract oil from oil shale. The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced.
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. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
Nissan is adding the Nissan Sentra compact vehicle to the plant’s production line-up, and the addition of the Sentra, along with an increase in production capacity, will create 1,000 new jobs at the central Mississippi plant and bring Nissan’s total employment in Canton to more than 4,500 workers.
As part of its portion of $72 million in state incentives for Hankook, the Tennessee Department of Transportation has pledged infrastructure improvements including widening interstate exit ramps and creating a five-lane access road to the Corporate Business Park’s southern entrance near the site of the new plant. Picking The Winner.
Carpool” means a group of two or more people regularly using a motor vehicle for transportation to and from work on a continuing basis. The term includes planning, engineering, architectural work, and other similar actions. Department of Homeland Security.
Carpool” means a group of two or more people regularly using a motor vehicle for transportation to and from work on a continuing basis. The term includes planning, engineering, architectural work, and other similar actions. Department of Homeland Security.
Corporate Headquarters Credit: Provides a 20% credit based on the cost of the actual portion of the facility dedicated to the headquarters operation or direct lease costs for the first five years of operation. TAX INCENTIVES. The credit can be applied against either corporate income tax or the license fee.
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. THE BAYONNE BRIDGE IS RISING. More than 80 years after it was built, the Bayonne Bridge is about to rise again.
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.,
Transport and infrastructure projects As urban areas grow, the need for improved transportation and infrastructure becomes more pressing. Early revenue generation: In some cases, the upper floors of a building can be completed and leased or sold while the lower levels are still under construction.
Stafford County has put a high priority on investments in infrastructure, including high-speed broadband as well as traditional transportation projects. Leases range from 5,000 square feet to complete buildings. An excellent education network of primary and secondary schools appeals to employers and employees alike.
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.
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 park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications.
Aircraft Valuation: Aircraft owned or leased by commercial airlines, charter carriers, private carriers and private companies are valued for property tax purposes at the lower of fair market salvage value or 5% of the original cost of the property. WIOA aligns training with needed skills and matches employers with qualified workers.
The company’s selection of Lafayette, Louisiana, for production of its new 505 Jet Ranger X helicopter reflected Lafayette’s status as a major energy transportation hub. Also attractive to CSC were the state and region’s multiyear preparation to attract major technology employers. Army’s key training posts.
To qualify, a company must have 75 net tons of non-containerized cargo or 10 loaded TEUs transported through a SC port for their base year. The total amount of tax credits allowed to all qualifying companies is limited to $8 million per calendar year. The credit can be applied against either corporate income tax or the license fee.
These laws are in place “to protect [construction laborers] as well as their employers from the effects of serious and unfair competition resulting from wage levels detrimental to efficiency and well-being.”. If any payments are late or otherwise wrongfully withheld, the unpaid balance is then held subject to interest penalties.
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.
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. Qualified employers can take the credit for four years. Are growing with employment greater than the previous year. Are growing with employment greater than the previous year.
The Texas Department of Transportation (TxDOT) also weighed in with an expedited expansion of a major intersection on Interstate 35 (including the installation of a traffic light), which turned out to be the element that sealed the deal. The company operates the largest private electronic health record deployment in the world.
We have created an environment here in Hoboken where businesses can flourish in world-class office facilities without sacrificing access to transportation, amenities and commerce.”. Last year, childcare learning center Kiddie Academy signed a lease to occupy a portion of the complex’s retail space. Pozycki, CEO of SJP Properties. “We
The following types of public activities are eligible: water systems, wastewater systems, fiber delivery projects, transportation projects, site improvement, or other specific public infrastructure improvements required to support economic growth. The training is post-employment.
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. These larger vehicles account for more than half of U.S. The industry’s seasonal adjusted annual selling pace fell to 17.3
Manufacturing, however, expects that its employment base will grow by less than 1 percent, while non-manufacturing expects employment growth of 1.3 Manufacturers have an expectation that employment in the sector will increase by 0.8 Non-manufacturers also predict their employment will increase by 1.3 percent during 2013.”
The FTZ sits at the intersection of a crucial transportation hub that features railways, highways, and our commercial airport and is no stranger to new development. These companies can utilize the FTZ’s singular economic status to avoid costs associated with importing and exporting goods with other countries. In 2013, AA Technology Inc.,
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 a major transportation corridor that serves more than 60 million travelers and 19 million vehicles each year.
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. A clear path to acquiring or leasing the property must be identified and documented. This is the first U.S. Geringhoff will be located in St.
Manufacturing, however, expects that its employment base will grow by less than 1 percent, while non-manufacturing expects employment growth of 1.3 Manufacturers have an expectation that employment in the sector will increase by 0.8 Non-manufacturers also predict their employment will increase by 1.3 percent during 2013.”
Our competencies include expertise in construction materials , development of modern living spaces , and leasing state-of-the-art commercial real estate. By imbibing the Godrej Group’s core values, Godrej Construction has earned a reputation for meeting international quality standards while preserving the environment.
Presented by Penske Logistics and authored by transportation consultant, Rosalyn Wilson, senior business analyst at Parsons Corporation, the report tracks and measures all costs associated with moving freight through the U.S. The transportation sector of the logistics industry grew by 3.6 Costs for water transportation rose 8.9
According to the Chicago Tribune , “The fund will award convertible notes initially ranging from $100,000 to $500,000 to early-stage Illinois-based companies working in renewable energy, energy efficiency, smart grid, next-generation transportation and water resource management. In late 2013, Gov.
Ports provide the link for getting goods to consumers and transporting U.S. employment growth. Dyersburg, TN is located at a strategic point on the North American transportation grid, very near the center point of the United States population. made products overseas for export. Foreign-status inputs to FTZs totaled $288.3
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