As a professional accountant, you will be consulted on all sorts of decisions involving money. The biggest is perhaps new plant location. Every city and state wants them and competition is fierce. Who is the latest winner in this category? Would you believe Alabama? This is a follow up to our recent post comparing Ohio and Texas. Alabama has lured Mercedes, Honda, and Hyundai. Gee what a change from the 60s! Truly this is a realization of MLK’s I Have a Dream Speech.
Alabama just won another contract with Airbus to construct tanker planes for the USAF. A combination of property tax and land incentives along with employee training and the absence of a closed shop environment and low taxes won the day. The logistics of two interstate highways and a deep water port sealed the deal. San Antonio offered a similar package for Toyota which builds its Tundra pickup there.
Low taxes and a ready to go work force make for jobs, earth to Ohio, are you listening?
Professor Elam 
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