North Dakota Resources Page
Regional Report: Industrial Diversification Creates Stable, Sustainable Economies in the PlainsEfforts to diversify their economies have helped the Plains States to weather the downturn in the oil and gas industry.
North Dakota Basic Business TaxesCorporate income tax, Corporate income tax exemptions/credits, Wages and salaries, Research and experimental tax credit, Seed capital investment credit, Agricultural commodity processing facility investment tax credit, Biodiesel tax credits, Sales, Use and Gross Receipts Tax, Property tax, Renaissance Zones, Angel Fund Investment Credit, Property tax exemption, Personal property tax, Energy and fuel conservation measures, Automation Credit
North Dakota Direct Financial IncentivesNorth Dakota's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment.
Regional Report: The Plains States Rank High for Business FriendlinessAlready a powerful region for energy production, the Plains States are luring technology firms with their low taxes and other pro-business policies.
Advanced Manufacturing Changing the Economic LandscapeAcross the country, states and localities are working with manufacturers to create and grow outposts for advanced manufacturing.
Incentives for Advanced Manufacturing: Out of Step with the TimesAutomation and other process improvements have drastically reduced the number of workers needed to achieve a given level of productivity. Have state governments that use tax breaks and other inducements to attract industrial projects updated their incentives to reflect these changing times? Conversations with site selection consultants and state officials paint a varied picture.
2015 Gold & Silver Shovel Awards Recognizing Excellence in State Job Creation and Economic Development EffortsArea Development’s annual awards recognize individual states for their overall economic development effectiveness. This year, we honor 21 states for their achievements in 2014 in garnering investment and job creation with Texas, Georgia, Tennessee, South Carolina and Nevada awarded the Gold Shovel.
Shale Oil & Gas Development Changing the Way the Nation Does BusinessThe development of oil and gas resources is driving infrastructure and manufacturing location decisions, while boosting U.S. competitiveness.
Regional Report: Tax and Incentives Advantages in Plains States’ Encourage Investment in Renewable Energy and Life SciencesIn the Wizard of Oz, Dorothy’s Kansas home is blown away by a powerful tornado. Today, this prairie state is harnessing its wind power for economic development gain. And, the generally low tax environment and plentiful incentives are encouraging investment in renewable energy, life sciences, other R&D throughout all of the plains states.
Shale Gas Revitalizing U.S. Manufacturing Industry…While Environmentalists Have Their SayAlthough some states are rolling back or banning fracking due to potential environmental impact, overall, U.S. shale gas development and production is surging and helping to trigger a resurgence in manufacturing.
Frontline: Preparing for Takeoff in the Drone IndustryAs drones become smaller, more affordable, and easier to operate, they’re being eyed for use in everything from agriculture to construction and real estate. The Federal Aviation Administration (FAA) says there could be 30,000 of them in American skies by 2020, and according to the Association for Unmanned Vehicle Systems International (AUVSI), the business of manufacturing and flying drones could become an $82 billion industry within 10 years.
Critical Site Selection Factor #5: Advanced ICT - Companies Look to Visionary LocalesThe rise of “big data” in nearly every industry vertical has promoted continued importance of a robust information and communications technology (ICT) infrastructure as a site selection factor.
Energy-Rich States Growing U.S. Economy, Shifting Global BalanceStates with plentiful energy resources exhibited the fastest rates of economic growth last year; nationwide growth in energy-related jobs was more than twice the national average of overall job growth.
Domestic Oil Production Spurs Regional and Manufacturing Industry RenaissanceToday's thriving domestic energy industry is stimulating local economies across the map, from major cities like Denver and Houston, to small towns at the epicenter of shale plays like Williston, North Dakota.
Ison Furniture Manufacturing and Supplier Dogwood Global Plan Production Facilities in Pittsylvania County, Virginia