Eric Silagy, President, Florida Power & Light Company and Lynn Pitts, Director of Economic Development, Florida Power & Light Company (Q2 / Spring 2013)
We spoke with FPL’s President Eric Silagy to find out why FPL has taken this new step and with FPL’s Director of Economic Development Lynn Pitts to learn more about the company’s new resources.
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Kathy Mussio, Managing Partner, Atlas Insight, LLC (Q2 / Spring 2013)
A rare and disruptive event, headquarters relocation projects have the potential to be positive game-changers for a business but also involve substantial risk. Here, we reveal the reasons, factors and trends affecting such a decision.
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Larry Gigerich, Managing Director , Ginovus (Q2 / Spring 2013)
Although a company should never select a location based upon incentives, financial assistance to offset project and/or operating costs is important when the final decision is made.
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Area Development Magazine Special Presentation (Q1 / Winter 2013)
Although the survey results show no dramatic upswings in new facility or expansion plans, there are noted changes in site selection priorities – perhaps as a result of the lackluster economic recovery.
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Richard McBlaine, International Director, Solutions Development & Chairman - Strategic Consulting, Jones Lang LaSalle, Jones Lang LaSalle (Q1 / Winter 2013)
North American life sciences companies are shuffling and right-sizing their footprints to maximize ROI in R&D and other corporate functions and, increasingly looking toward smaller metropolitan areas with rising industry influence.
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Jason Hickey, President, Hickey & Associates, LLC (Q1 / Winter 2013)
Understanding the competitive economic climate across the United States, Congress and state legislatures continue to propose new legislation to compete in today’s economic environment.
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Mark Crawford (Q1 / Winter 2013)
The site selection needs of medium and small-size firms differ from those of larger firms so a singular approach to the facility location process will not fit all.
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David J. Robinson, The Montrose Group, LLC (Q1 / Winter 2013)
Incentives are only part of an area’s economic development strategy and they are a necessity for companies that are struggling to compete in challenging economic times. See how Columbus, Ohio, Alabama and New York city have all recently successfully used incentives to promote economic growth.
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Beth Mattson-Teig (Q1 / Winter 2013)
The incentives package that Kentucky recently awarded Ford to retain and grow jobs at two Louisville facilities is an example of how economic development agencies are taking steps to tweak financial incentives in order to make them more effective and protect their investments.
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Warren Kirshenbaum, Founder, The Cherrytree Group (Directory 2013)
Those wishing to rehab an historic building can take advantage of various tax credits, while also building good will in the community.
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Christopher D. Lloyd, Senior Vice President and Director, Infrastructure and Economic Development, McGuireWoods Consulting (November 2012)
The election results point to continued fiscal and tax uncertainty and no clear direction for economic development policy on
federal, state, and local government levels.
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Mark Crawford (November 2012)
Tax rates, incentives, and exemptions have always been important to corporate site selectors. These factors were rated fourth, fifth, and eighth, respectively, among the site selection criteria by the respondents to Area Development’s 26th Annual Corporate Survey (published Winter 2012), more than 80 percent of whom rated them as “very important” or “important.”
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Area Development Online Research Desk (November 2012)
“Taxes are a fact of life,” the Tax Foundation states in a new background paper, but “not all tax systems are created equal.” With that in mind, the organization sets out every year to rank U.S. states in its “State Business Climate Tax Index.”
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Reeder Holiman, Senior Vice President; Brian Ginkel, Vice President; Ann Marie Woessner-Collins, Managing Director; Bo Bond, Managing Director, Jones Lang LaSalle (Fall 2012)
Recent legislative changes resulting in tax savings, coupled with low utility rates and the ability to cool with outside air, are substantial cost advantages and merit study when selecting a data center site.
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Michael W. Burak , US & Global Industrial Products Tax Leader, PricewaterhouseCoopers and Thomas E. Henry, Partner, Credit and Incentives Network, PricewaterhouseCoopers (Fall 2012)
Multinational companies must carefully monitor the evolving tax benefits of each market when considering facilities expansion strategies across the globe
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Christopher Stevenson, Associate Principal, GZA GeoEnvironmental, Inc. (Fall 2012)
As the market for warehouse, distribution, and manufacturing space near ports, airports, and intermodal transportation hub heats up, end users must to be aware of the environmental siting and permitting issues that come with the logistics hub territory.
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David B. Munson, President, David Munson & Associates, Inc. (Fall 2012)
Automotive states and communities are competing aggressively to win supplier projects of all sizes and descriptions. If R&D, advanced manufacturing, lightweighting, more fuel-efficient powertrains, or diversification is part of the project, this increases interest and can raise the potential value of state and local incentives.
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Area Development Online Research Desk (October 2012)
Of the 55 large international cities highlighted in KPMG's 2012 Competitive Alternatives: Focus on Tax report, three U.S. cities rank among the top 20; Cincinnati (16th), Baltimore (17th), and Cleveland (18th).
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Warren Kirshenbaum, Founder, The Cherrytree Group (August 2012)
A company can recoup some of the costs of "going green" through Renewable Energy Credits as well as Investment Tax Credits, among others.
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Dan Calabrese (April 2012)
Although locating in an enterprise zone won't work for every firm, those that do locate in such zones can achieve substantial cost savings while helping to spur a community's economic development.
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