Womble Carlyle Economic Development Digest (August 9, 2017)

Author:Ms Stephanie L. Yarbrough and John N. Hunter
Profession:Womble Carlyle


Georgia DOR proposes amendment to rule on manufacturing, machinery, equipment exemptions, TaxAnalysts.com (July 31, 2017) The Georgia Department of Revenue has proposed to amend a rule on sales and use tax exemptions for manufacturing machinery and equipment, industrial materials, and packaging supplies to remove a provision that prohibited the exemption for sales of motor vehicles - including components and repaint or replacement parts - required to be registered for operation on public highways.         Read the full Tax Analysts article here. (Subscription required)


Amazon and Foxconn reflect 'Deliver It Now' Trend, Newsfactor (July 28, 2017) Amazon's plans to add 50,000 jobs at a dozen warehouses across the United States and Foxconn's decision to build a $10 billion plant and hire up to 13,000 workers reflect the pressures companies now feel to be as close to their customers as possible -- a trend that's helping restore some American factories and jobs.         Read the full Newsfactor article here.

Top U.S. metros for aerospace employment & manufacturing, Site Selection Magazine (July 2017) New research explains where job markets in this sector are gaining altitude in manufacturing, air transportation and support activities.         Read the full Site Selection Magazine article here.

Frontline: Apple's $1 billion fund to support U.S. manufacturing, Area Development (August 2017) Among the goals of Apple's $1 billion fund is the creation of thousands of new manufacturing jobs, especially in the computers and electronics fields.         Read the full Area Development article here.

Toyota and Mazda plan a $1.6 billion U.S. plant that could create 4,000 jobs, Los Angeles Times (August 4, 2017) Japanese automakers plan to spend $1.6 billion to set up a joint-venture auto manufacturing plant in the U.S. - a move that may create up to 4,000 jobs.         Read the full Los Angeles Times article here.


Is there a megasite highway in the region's future? News & Record (August 3, 2017) Economic developer Jed McMillan urged the NC Board of Transportation to upgrade about 100 miles of U.S. 421 to a future interstate highway.         Read the full News & Record article here.


U.S. nuclear comeback stalls as two reactors are abandoned, The New York Times (July 31, 2017) Two South Carolina utilities said on Monday that they would abandon two unfinished nuclear reactors...

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