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Location Focus: New York – The Empire State Leverages Its Strengths

Buisness Facilities Contributed Content

The program transforms State University of New York (SUNY) campuses, private colleges and universities, and university communities across the state into tax-free zones for new and expanding businesses. ?Business Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52.

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Linking The Global Supply Chain

Business Facilities

A number of states are now in the matchmaking business, all trying to help companies solve their increasingly complex and demanding supply chain issues.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Buisness Facilities Contributed Content

The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions. Many of our suppliers are in Singapore, Malaysia and China which causes more inventory, longer pipelines and results in a higher price of product,” says Bunya.

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STATE FOCUS: Kansas Focuses On The All-Around

Buisness Facilities Contributed Content

Kansas also has no personal property tax, no inventory tax and no franchise tax. Foreign Trade Zones that are “user friendly” site-specific and allocated on an individual company basis. In addition, the state offers a payroll withholding tax retention program and sales tax exemptions and recently lowered personal income taxes.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Slow economic growth has kept the percentage low, but the supply chain sector has made great strides in productivity, asset utilization and inventory management in the past three years.” There is no inventory tax, which is particularly advantageous to distribution companies. “Logistics costs as a percentage of GDP in the U.S.

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Icy Hot

Buisness Facilities Contributed Content

Icy Hot originally appeared on Business Facilities (BF) Magazine. At the conclusion of the World Economic Forum last week, Russian Foreign Minister Sergey Lavrov declared that Russia is eager to mine the Arctic for rubles and prepared to partner with other nations to develop its portion of the Arctic zone.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

We expect that this growth will continue into the future as the available existing building inventory shrinks and there is a greater need for vacant sites for new development,” said Gromberg. To get ready, many states across the U.S. OPEN FOR BUSINESS IN INDIANA. The program also has two additional tiers of readiness.

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