Remove Finance Remove Indiana Remove Zoning
article thumbnail

UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

Buisness Facilities Contributed Content

On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

Zoning 45
article thumbnail

South Korean Steel Processor Adding 60 Jobs In Indiana

Buisness Facilities Contributed Content

POSCO, a multinational steel producer headquartered in Pohang, South Korea, will establish operations at the Port of Indiana-Jeffersonville , creating up to 60 high-wage jobs by 2018. Indiana’s central location and the convenience of the Jeffersonville Port are ideal as we look to tackle the U.S. Source: www.japantimes.co.jp).

Indiana 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

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). Indiana Economic Development Corp.; Led by Indiana Secretary of Commerce Victor Smith, the IEDC is organized as a public-private partnership governed by a 12-member board.

Indiana 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

Income 75
article thumbnail

Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

Not surprisingly, the traditional Northern auto centers (Michigan, Ohio, Indiana) continue to rule the roost as supply chain Jobs Leaders. Rising stars Tennessee and Indiana, our fourth- and fifth-ranked states in Best Business Climate, show no signs of abandoning their upward mobility in this flagship category. Mike Pence said.

Louisiana 111
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

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. Mesa also processed the required permits expeditiously. million through the KJRA.

Deals 107