Incentives: How Alabama lured Airbus - WSFA.com Montgomery Alabama news.

Incentives: How Alabama lured Airbus

Alabama is providing more than $158 million in economic incentives for the Airbus assembly plant that will be built in Mobile.

The state Department of Commerce reports that the state will put up nearly $125 million and local governments will provide $33.6 million for the $600 million plant that was announced Monday.

The total includes bond expenses, site preparation, road improvements, building expenses and worker training.

In addition, the state is providing tax breaks on sales, use, income and property taxes that most new industries get.

The plant at the Brookley Aeroplex is supposed to begin partial operation in 2015.

Department documents show it will have 1,000 employees when it reaches full capacity and have payroll expenses of more than $61 million annually.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • NewsMore>>

  • Leak crackdown talk yields rare Comey, Trump agreement

    Leak crackdown talk yields rare Comey, Trump agreement

    Friday, April 20 2018 1:03 AM EDT2018-04-20 05:03:06 GMT
    Friday, April 20 2018 6:27 PM EDT2018-04-20 22:27:30 GMT
    (AP Photo/Susan Walsh). Copies of the memos written by former FBI Director James Comey are photographed in Washington, Thursday, April 19, 2018. President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment...(AP Photo/Susan Walsh). Copies of the memos written by former FBI Director James Comey are photographed in Washington, Thursday, April 19, 2018. President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment...

    President Donald Trump told former FBI Director James Comey that he had serious concerns about his first national security adviser, Michael Flynn.

    More >>

    President Donald Trump told former FBI Director James Comey that he had serious concerns about his first national security adviser, Michael Flynn.

    More >>
  • FAA orders more engine inspections after Southwest accident

    FAA orders more engine inspections after Southwest accident

    Friday, April 20 2018 4:53 PM EDT2018-04-20 20:53:41 GMT
    Friday, April 20 2018 6:27 PM EDT2018-04-20 22:27:21 GMT
    (NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...(NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...
    The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems.More >>
    The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems.More >>
  • In new walkouts, students look to turn outrage to action

    In new walkouts, students look to turn outrage to action

    Friday, April 20 2018 12:26 AM EDT2018-04-20 04:26:49 GMT
    Friday, April 20 2018 6:26 PM EDT2018-04-20 22:26:17 GMT
    (AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...(AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>
Powered by Frankly