Remove Leases Remove Pennsylvania Remove Railroad
article thumbnail

FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. The Port currently has service by two Class I railroads, Norfolk Southern and CSX—both offer double-stack service to critical manufacturing and population centers.

article thumbnail

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

Buisness Facilities Contributed Content

Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. Barstow is where an eclectic mix of railroad, military, high technology, and mining employers have located. Thus far, California hasn’t dived head-first into an embrace of fracking.

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

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations. Railroad Spurs.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

Income 75
article thumbnail

Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

Pennsylvania went from importing 75 percent of its natural gas requirements in 2007 to becoming a net exporter of natural gas in 2011; PA is now the second-largest natural gas producing state in the United States. 2-5 states (Ohio, 0.250; Mississippi, 0.233; Pennsylvania, 0.223; and Texas, 0.210), according to the U.S.

article thumbnail

COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Memphis’ five Class I railroads have in recent years invested more than $500 million in new or expanded rail systems, which already bring more than 200 trains through Memphis each day.

Metro 110
article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

1,677 miles of class 1 railroads. There also is Arkansas’s state-of-the-art railroad infrastructure comprising three Class I systems: Union Pacific, BNSF Railway and Kansas City Southern Railway. Arkansas also has 22 smaller railroads operating over its more than 2,700 miles of track. 16,416 miles of state and U.S. million.