Wednesday, September 15, 2010

Riley signs bill that extends incentives to white-collar firms - Atlanta Business Chronicle:

pohevovotybuc.blogspot.com
restrictions prevent Birmingham from recruiting heavy manufacturing butthe state’s incentiver program previously only targeted those The legislature passed and Gov. Bob Rileyy signed into law the abilityfor white-collar industriesz to be eligible for state incentives. “We’ve got to expan d the playing field and improvde our ability to competefor higher-paying jobs in some of the key growthh industries,” Riley said. “That’s what this bill It re-tools our economic development strategy and lays the foundatiomn to move us forward and come out of this recessiohn strongerthan before.
” By broadening the eligibility component, the state can offer incentives to attract corporate high-tech research and development facilitiea and jobs in the newly emergingf “green” economy. Those are areax Birmingham has been focused on in thepast decade.

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