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Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers. Companies deemed ancillary to or in support of the aforementioned categories would also apply.
But] smaller properties are languishing…‘because banks aren’t lending, and people have no equity in their homes to take out second mortgages to finance new businesses,’” said Jack O’Connor, a principal and director of the national industrial practice group at Newmark Knight Frank in Long Island.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.
ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. ALABAMA INDUSTRIAL ACCESS ROAD & BRIDGE PROGRAM: Provides financial assistance to communities for industrial access to new and expanding industries. It allows for the construction of roads, bridges, etc.
The 2008 announcement by then-owner Cerberus Capital Management that it would upgrade Jefferson North and expand its capacity by another 285,000 square feet almost immediately hit a huge bump in the road to recovery. It took a federal bailout and the acquisition of Chrysler by Italy’s Fiat to keep the third-largest U.S.
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