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COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

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Several states—including Texas, Louisiana, North Dakota, Washington and Utah—deserve a shout-out for their overall performance in our 9th annual rankings festival. Speaking of the latter, the oil boom in North Dakota continues to propel the Peace Garden State to the top of our list of economic powerhouses.

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Study Finds New Natural Gas Development Could Create More Than 45,000 Jobs And $9 Billion In Economic Development In Illinois

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The economic impact could be even greater: The study’s estimates are conservative in part because they do not include the economic impact of land leases that would be given to local landowners, nor does it look at what could happen if exploration discovers extractable oil deposits, such as what was found in western North Dakota.

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Evaluating Natural Disaster Risk In Site Selection

Business Facilities

Early estimates are that 6,300 structures have been destroyed in Sonoma County, the most destructive fire in California history. is the preponderance of tornadoes, striking most frequently from North Dakota to Texas and east to the Atlantic Coast. Wildfires raged in the Western U.S., to be most susceptible. Tornado Risk.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The key to that positive change resides in the same place in California it did in North Dakota—buried more than a mile underground in the middle of a huge shale deposit.

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Cover Story: New Energy Powers Growth

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Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. State officials estimate more than 240,000 people are working in jobs created or made more prosperous by the Marcellus and Utica shale gas plays. Wind energy is now the fifth-largest electricity source in the U.S.,

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State by State Incentives Guide

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The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. High Impact Performance Incentive: A negotiated grant used to attract and grow major high impact facilities in Florida. For more information visit [link] or contact Bernice Whaley , Deputy Director.

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STATE INCENTIVES GUIDE

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Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. HIGH IMPACT PERFORMANCE INCENTIVE GRANT (HIPI): A negotiated grant provided to pre-approved applicants in certain high-impact sectors designated by the Governor’s Office of Tourism, Trade and Economic Development (OTTED).

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