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The Builders Merchants Federation is warning that Greater London could become a “no- go area” for many SME builders and other trades following the introduction of the expanded ULEZ zone in August. The Ultra-Low Emission Zone is set to be expanded on August 29, imposing a £12.50
Foreign trade zones, located in or near U.S. Customs ports of entry, enable duty-free movement of foreign and domestic merchandise. there are more than 200 U.S. FTZs, each a driver of regional economic growth. Read: Free And Easy Trading At Ports Of Entry at BusinessFacilities.com.
The long anticipated Midwest Inland Port ramp will enable businesses to tap into the company’s deep transportation and logistics expertise and provide a platform for economic growth in central Illinois. Intermodal containers can be loaded with virtually any type of product and are transported by truck, railcar and ship.
percent); Trade, Transportation & Utilities (3.0 Ranked 5 th in the nation for high-tech employment by TechAmerica’s Cyberstates report, Florida boasts more than 270,000 high-tech workers. As one of the largest states in the nation, Florida offers a large and talented pool of workers to employers. percent by the end of 2016.
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. Must expand its labor force, make new capital investment, or prevent loss of employment.
Department of Transportation (DOT) says that you are three times more likely to get into a crash when distracted while using a cell phone. OSHA has said that employers must refrain from requiring employees to text while driving or even creating a work environment that encourages the practice. Vermont’s law applies only in work zones.
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.
Additional considerations have expanded their definition to include strategies around employment creation with respect to equity and diversity. I would add zoning to the conversation. Simply eliminating transportation saves the carbon associated with that step without having to get into the math. Kirsten Ritchie: That’s right.
San Jose, CA, San Francisco and New Orleans took the top three places, respectively, in BF ‘s new Information Technology Employment Leaders metro ranking. The Crescent City continues to grow as a leading IT/software development hub. Far West U.S. - Mid Atlantic U.S.
Defense Production Zones: Virginia authorizes its communities to establish local defense production zones to benefit businesses engaged in the design, development or production of materials, components or equipment required to meet the needs of national defense. Each locality designs and administers its own program.
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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.
” A state initiative called the Neighborhood Improvement Zone (NIZ) program aims to change all that, and it’s already yielding solid results in Allentown. NIZ allows developers to use designated tax revenues to pay off bonds and loans issued for capital improvements in the specified zone.
Mississippi’s prime location, well-integrated transportation network and welcoming business climate are garnering notice globally. Future phases estimate total employment to reach 2,000 jobs, and corporate investment to exceed $1 billion. Mississippi Gov. YTC’s parent company in Japan.
SWLA’s transportation infrastructure is keeping pace with surging development needs. We are blessed to have natural resources like oil and gas, but you have to be able to transport them and that adds value,” he told the American Press. Credit: Southwest Louisiana Economic Development Alliance). By Eric Cormier. A BOUNTY OF INCENTIVES.
Kansas is a right-to-work state, bringing one additional cost saving to employers. Kansas also is focusing on human capital development to make it easier for Kansans to obtain the skills and training needed to help employers succeed in the global economy. In addition to a strong work ethic, Kansas workers are highly educated.
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.
Both employers and workers alike need to be aware of these laws and the consequences associated with them. The Occupational Safety and Health Administration (OSHA) has issued a recommendation that employers should prohibit any work policy or practice that requires or encourages workers to text while driving. Federal Rules.
The lightweight design also minimizes transportation requirements, contributing to reduced carbon emissions. It is approved for use in High-Velocity Hurricane Zones and is engineered to last into the 22 nd century and beyond. This durability ensures a longer lifespan and reduces maintenance and replacement costs over time.
BF: PA recently allocated $18 million in Keystone Innovation Zone Tax Credits to support 239 early-stage companies in growth sectors including information technology and advanced manufacturing. How does the KIZ program work and who is eligible to receive funding? Dennis Davin, Secretary, Pennsylvania DCED. For the second year in a row, Gov.
BFTDA Alternative Energy Development Program (AEDP): Provides funds to businesses through the four Ben Franklin Technology Partners for access to capital, business expertise, technology commercialization services to advance the development of new technologies and for the generation, conservation and transportation of alternative and clean energy.
In May 2013, CSX Transportation Inc. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. PortMiami contributes approximately $28 billion annually to the South Florida economy and helps provide direct and indirect employment for more than 207,000. THE BAYONNE BRIDGE IS RISING. Mid Atlantic U.S.
discusses incubators, innovation zones, STEM education, incentives and the Garden State in a post-Panamax world. Michelle Brown, President and CEO, Choose New Jersey, Inc. Read Snapshots: 60 Seconds with Michelle Brown, Choose New Jersey, Inc. on Business Facilities - Economic Development, Site Selection & Workforce Solutions.
Industrial Road Access Program: Administered by North Carolina’s Department of Transportation (DOT), this program provides funds for the construction of roads to provide access to new or expanded industrial facilities. Foreign Trade Zones (FTZ): Neutral, secured areas legally outside of the U.S.
Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced. Synthetic natural gas.
Current transportation inefficiencies create major issues with congestion, pollution and public safety. Given that it’s a substantial distance from any coasts or borders, Hendricks County, Indiana might seem to be a surprising place for a Foreign Trade Zone (FTZ). Foreign-trade zones help U.S. TUPELO/LEE FTZ: 15M SQ.
With this in mind, many urban and transportation policies warrant a new model that includes designing for mobility. Vehicles are a major contributor of greenhouse gas emissions—in fact, vehicular transportation accounts for about 30% of annual U.S. Additionally, we must consider climate change.
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.,
The diverse cultures, flavors and talents of Miami make it a unique global address for high-tech players in a rapidly growing hub. Read: Miami: A Thriving Business Climate Adds Flavor To FDI at BusinessFacilities.com.
Food processing also increases the seasonal availability of many foods and enables transportation of perishable foods across long distances, creating more diverse food opportunities. Here are some locations that can help companies cut down on transportation and distribution costs. Using the IDA and Empire Zone program, $3.3
Another popular economic development incentive offered by the state is the Texas Enterprise Zone Program, which enables local communities to partner with the State of Texas to promote job creation and significant private investment, helping assist economically distressed areas of the state. billion in capital investment.
billion), Public Transportation ($200.4 billion), Auto Transportation ($166.5 Travel ranks 7th in terms of employment compared to other major private industry sectors. Other large non-rail served parcels are located along the identified transportation corridors also suitable for development. reached $1.1
Several ongoing infrastructure upgrades taking place are greatly enhancing transportation in the region, adding to the capacity for businesses to grow. Hoosier Energy’s territory is served by major air transport from three locations, which play a progressively positive role in economic opportunity. Here again, the county delivers.
Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.”
The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area. Ultimately, ACT selected Sacramento because the availability of a qualified workforce and the benefits of locating in an Enterprise Zone.
Taken individually each state in New England has a lot to offer, but taken as a region they are a force to be reckoned with. Read: New England: More Than The Sum Of Its Parts at BusinessFacilities.com.
The company is also eligible for a number of state tax credits, including the Job Creation tax credit, Enterprise Zone tax credit and One Maryland tax credit. The company also qualifies for the county’s and town’s manufacturing tax credit, which provides real property tax abatement on the improvements to the property.
The 3 million-square-foot facility will create more than 1,000 full-time jobs in Dorchester County, SC. Read: Walmart To Build $20M Distribution Center In South Carolina at BusinessFacilities.com.
In Maryland, COVID-19 has not stopped the Port of Baltimore, where shipping volume continues to increase. Read: Maryland: A Rising Tide Of Recovery at BusinessFacilities.com.
The expansion of Lineage Logistics' Port of New Orleans cold-storage facility will create 50 new jobs and support the state's $1.6 billion poultry industry. Read: Lineage Logistics Investing $42M In Port Of New Orleans Expansion at BusinessFacilities.com.
Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. Certified sites can be a big incentive for companies, especially those looking to move quickly on getting a new facility up and running.
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.
The Lone Star State has been the top state for exports for 19 consecutive years, surpassing the combined total for its three closest competitors. The post Everything Is Big In Texas—And Getting Bigger appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
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