February/March 2008

COVER STORY
By Dean J. Uminski, CEcD, Crowe Chizek and Company LLC (Feb/Mar 08)
Through successful incentives negotiation and fulfillment of
job-creation and investment commitments, a company and
the community where it locates can both come out winners.
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FEATURES
By Jenny Massey, Senior Project Manager, Bingham Economic Development Advisors, LLC (Feb/Mar 08)
Incentives for employee training can help a company to defray costs and increase efficiency, while also building a state’s intellectual capital.
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By David Marks, Senior Vice President, Tower Investments, LLC (Feb/Mar 08)
Facility reuse saves dollars and makes sense to both the seller and
tenant, as well as to the economic developer.
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By Steve Stackhouse (Feb/Mar 08)
Economic doldrums, demographic shifts, and climate change are among the factors forcing new realities on automakers.
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By Patrice D. Bucciarelli (Feb/Mar 08)
As demand increases for ethanol and other renewable fuels, smaller
towns in out-of-the-way locations are counting on biofuel business
to heat up their economies.
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Corporate & Consultants Surveys
By Larry Kramer and Rita Williams, Incentis Group LLC (Feb/Mar 08)
Corporate tax rate, state and local incentives, and tax exemptions were among the top-10 ranked site selection factors by the respondents to
Area Development’s 2007 Corporate Survey. Let’s find out why.
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DEPARTMENTS
By Geraldine Gambale, Editor, Area Development Magazine (Feb/MAr 08)
The pundits are deciding whether or not to officially call the current state of the U.S. economy a “recession.” In macroeconomic terms, a recession is defined as a decline in the country’s GDP — or negative real economic growth — for two consecutive quarters.
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Robert “Bob” Hess, Senior Partner, Cushman & Wakefield Business Consulting (Feb/Mar 08)
Bob Hess of Cushman & Wakefield’s Global Business Consulting group tells
us how — and why — ThyssenKrupp chose Alabama for its steel processing facility.
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By Warren Seil, Vice President, Morgan/Harbour Construction (Feb/Mar 08)
In today’s global economy, it is imperative for manufacturers to maintain their competitive edge in the marketplace. When holding onto that edge requires a new facility, cost and time are the two largest considerations.
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STATE RESOURCES
Find the latest information regarding corporate taxes, financial and business incentives, credits, grants, current state information, contact directory and available buildings and sites in all 50 states.
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