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For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. 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.
People with successful careers possess many admirable qualities, but one common denominator that these folks have is their willingness to push themselves out of their comfort zone. He also leads PENTA’s diversity committee, which focuses on promoting diversity, equity, and inclusion within the company.
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. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
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. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.
Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. The Port of Virginia in Norfolk is the first port on the U.S. Nearly 50 shipping lines connect the Port of Virginia to the world’s primary ports. Great Lakes U.S. - Mid Atlantic U.S.
Shovel Ready Silver builds upon those attributes by maintaining documentation that is less than one year old and having proper zoning and infrastructure built to the property. The big ports of Virginia, Baltimore and Miami already are at that depth. ACHIEVEMENT IN LOGISTICS.
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