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Foreign trade zones, located in or near U.S. Customs ports of entry, enable duty-free movement of foreign and domestic merchandise. there are more than 200 U.S. FTZs, each a driver of regional economic growth. Read: Free And Easy Trading At Ports Of Entry at BusinessFacilities.com.
The long anticipated Midwest Inland Port ramp will enable businesses to tap into the company’s deep transportation and logistics expertise and provide a platform for economic growth in central Illinois. Intermodal containers can be loaded with virtually any type of product and are transported by truck, railcar and ship.
Ports and Free Trade Zones have taken on much greater importance as supply chain issues increase and demand for product grows from businesses and consumers.
Port Houston’s Foreign Trade Zone (FTZ #84) is one of the busiest in the nation. Read: Greater Houston: Greater Growth On The Texas Gulf Coast at BusinessFacilities.com.
The post Everything Is Big In Texas—And Getting Bigger appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. The Lone Star State has been the top state for exports for 19 consecutive years, surpassing the combined total for its three closest competitors.
The post Alabama Launches $231M Rail Project Program appeared first on Business Facilities Magazine. program of rail projects has been proposed to upgrade economic development infrastructure in central and southern Alabama.
Industrial Park, With The Best Infrastructure appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. TGS Cedar Port Industrial Park is the largest master-planned, rail-and-barge-served industrial park in the U.S., The post Cedar Port: Largest U.S.
Wolf Announces $246M Investment appeared first on Business Facilities Magazine. Pennsylvania will invest an additional $246 million into the Port of Philadelphia to continue modernization efforts and improve regional economic stability. The post Port Of Philadelphia: Gov.
The post Florida: An International Gateway To Growth appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. Florida’s 15 deep-water seaports and 19 commercial airports are the entry points for a vast international trade infrastructure.
Business Facilities (BF) Magazine. So Cal’s Leading Edge has the right stuff to deliver advanced materials, clean transport systems and green energy, as well as the world’s most advanced aircraft. State Focus: Southern California – Where The Leading Edge Lives appeared first on Business Facilities (BF) Magazine.
The post Southwest Louisiana: Where The Action Is appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. The diverse, inclusive gumbo in Southwest Louisiana includes a highly skilled workforce that is the hot sauce for success in key growth sectors.
The post Georgia: Gateway For Global Trade appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. The Port of Savannah’s Garden City container terminal, the nation’s largest single-terminal operation, is adding more ship-to-shore cranes.
Business Facilities (BF) Magazine. Industry Focus: Food Processing – Food Facts appeared first on Business Facilities (BF) Magazine. The more we know when it comes to what’s in our food, the more we want to know. Pleasing this knowledge palate can mean big bucks for the food processing industry. Great Lakes U.S. -
The post California: Supplier Diversity Spurs Equity-Driven Development appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. The Golden State has launched a program that promotes inclusive procurement as the prerequisite for a resilient supply chain.
percent); Trade, Transportation & Utilities (3.0 In a state that is consistently ranked as one of the nation’s top global trade hubs—in terms of trade flows, cargo volumes, export value and employment—Florida’s leaders have made continued improvements to major trade and transportation systems a top priority. percent).”. Its FTZ No.
The post Highlands County, Florida: “The Center of Everything” appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. Highland County, Florida's ideal location makes the area primed to quickly receive, produce, and distribute goods and services regionally and globally.
The post MTC Logistics Opens $61 Million Cargo Hub In Alabama appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. MTC's new Mobile, AL, facility will lead to the creation of 75 jobs, has potential for further growth in future.
Business Facilities (BF) Magazine. Supersized and (Almost) Ready to Go appeared first on Business Facilities (BF) Magazine. It''s time to take a closer look at the economic bonanza that will result from the expanded Panama Canal. Mid Atlantic U.S. Mid Atlantic U.S. Southeast panama canal expansion'
The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. The post September / October 2021 Issue (Volume 54, Number 5) appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. Roy Cooper.
These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. Sheffi is a professor of Engineering Systems and director of the MIT Center for Transportation and Logistics (CTL).
The post $267M Joint Venture Will Create 210 New Jobs In Virginia appeared first on Business Facilities Magazine. The new paperboard recycling and production facility, Celadon Development Corporation, will be located at the Chesapeake Deepwater Terminal site in the City of Chesapeake, VA.
The Port of New Orleans, at the center of the world’s busiest port complex, took first place in Business Facilities’ Logistics Leaders (Ports) ranking in the magazine’s 2013 Metro Rankings Report. Far West U.S. - Mid Atlantic U.S.
Business Facilities (BF) Magazine. Since its inception in 2013, more than 80 companies have embraced the Empire State’s innovative START-UP NY program, which created tax-free zones linked to New York’s system of higher education.
SelectUSA states that “A highly integrated supply chain network in the United States links producers and consumers through multiple transportation modes, including air and express delivery services, freight rail, maritime transport and truck transport. logistics and transportation industry totaled $1.33
Curaçao is ready to meet your business needs with multicultural talent and a bevy of economic free zones. Read: Curaçao: A “Cultural Hybrid” For Growth In The Caribbean at BusinessFacilities.com.
The Port of New Orleans, at the center of the world’s busiest port complex, took first place in Business Facilities’ Logistics Leaders (Ports) ranking in the magazine’s 2013 Metro Rankings Report. Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones.
Mississippi’s prime location, well-integrated transportation network and welcoming business climate are garnering notice globally. In 2012, state lawmakers passed the Mississippi Health Care Industry Zone Act, which encourages health care-related businesses to locate within qualified Health Care Zones and receive attractive incentives.
SWLA’s transportation infrastructure is keeping pace with surging development needs. We are blessed to have natural resources like oil and gas, but you have to be able to transport them and that adds value,” he told the American Press. Transportation issues aren’t fixed overnight,” he notes. “We By Eric Cormier.
Mary’s leading position including incredible ease getting materials and finished good into and out of the area via a multi-modal transportation network including, the Gulf Intracoastal Waterway, a Class 1 rail system and Highway 90 (future I-49), an interstate quality 4-lane highway. (Photo: www.portofwsm.com).
Business Facilities (BF) Magazine. billion), Saudi Arabia ($915 million) and China ($714 million), with transportation equipment, chemicals and electronic products leading the surge. Business Report: Maryland Exports Hit Record Level In 2014 appeared first on Business Facilities (BF) Magazine.
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.
Business Facilities (BF) Magazine. Lawrence Seaway will undergo a broad range of major improvements and alterations expected to transform the city of Monroe’s harbor into a leading cargo transportation center on the Great Lakes. Michigan’s Port of Monroe To Undergo Major Improvements appeared first on Business Facilities (BF) Magazine.
Because Devens is a self-supporting, quasi-public environment that was created specifically to support and grow businesses—and not a municipality—the zoning and permitting hurdles associated with most cities and towns are greatly reduced. Locating at Devens can truly turn into a distinct competitive advantage.”.
Islip has a bustling airport, a busy foreign trade zone next door and an attractive location in the middle of Long Island’s largest industrial corridor. Read: Islip, NY: Long Island’s Corridor Of Growth at BusinessFacilities.com.
In May 2013, CSX Transportation Inc. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. started seeking city and state approval for its planned 70-acre intermodal facility in Southwest Baltimore, putting the project on schedule to handle increased cargo from the Port of Baltimore beginning in 2015.
Kansas offers a strategic location in the center of the United States that is bolstered by quality transportation options, including major interstates I-70 and I-35, which allow the state to connect with the North America Free Trade Agreement corridor. percent of all U.S. railroad miles.
This aids in long-distance transportation as well as long-time storage. Indiana’s robust transportation network for trucking, rail and air freight make it an attractive location to distribute food and beverage products to both national and international markets. Connecting lines enable transport to every major U.S.
The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions. While BOI incentives are a positive factor, so is the nation’s solid transportation infrastructure. Thailand also offers the second lowest corporate income tax rate, behind Singapore, in Asia.
The post 17th Annual Rankings: 2021 Global Rankings Report appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. San Francisco, New York and Tel Aviv have the best Startup Ecosystems in Business Facilities’ 2021 Global Rankings Report.
The 1,250-acre mega site, which is located in the New York Power Authority (NYPA) hydropower zone, features low-cost, 100 percent renewable electricity. Ammonia—a stable, easy to transport carbon-free fuel, with applications as a medium to carry hydrogen—is emerging as a fuel of the future. Photo: Getty Images).
The post North Dakota: Connecting To The World On Intermodal Rail appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. North Dakota’s new intermodal rail service is reducing shipping costs for agricultural exports and other goods shipped from the logistics park of ND.
Importers get more bang for the buck by moving their goods through duty-free foreign trade zones located within or adjacent to ports. The nation’s ports are handling record amounts of shipping. Read: Ports & FTZs: Perfect Together.
Food processing also increases the seasonal availability of many foods and enables transportation of perishables across long distances, creating more diverse food opportunities. In addition to locating close to their suppliers and markets, transportation is another key factor in selecting a site.
Ports provide the link for getting goods to consumers and transporting U.S. Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. made products overseas for export.
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