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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.
Priorities are shifting as businesses adapt to the impact of the pandemic on global supply chains. Resiliency and stability are now top concerns. Read: Logistics: Building A Resilient Supply Chain at BusinessFacilities.com.
The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. University of Michigan, Ann Arbor campus.
Not surprisingly, the traditional Northern auto centers (Michigan, Ohio, Indiana) continue to rule the roost as supply chain Jobs Leaders. They were joined by Rust Belt giants Michigan and Ohio, which rode the wave of a resurgent U.S. We don’t want to tip our hand, but don’t be surprised if these two categories eventually merge.
Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Bay County is located in East-Central Michigan, in what is regionally called The Great Lakes Bay Region.
As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. 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. million to the Maricopa Unified School District.
Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
Some heavy business hitters also are placing huge wagers on Detroit’s recovery, most prominently Quicken Loans founder Dan Gilbert, a native son of Michigan, has spent more than $1 billion to acquire 3 million square feet of real estate in the heart of downtown Detroit. Names Innovation Hubs. ThermoCalc, TIMET, Trumpf, Inc.,
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.
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