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Governor Bentley: New ‘Made In Alabama’ incentives already spurring activity

POINT CLEAR, Alabama — Governor Robert Bentley says the state’s new “Made In Alabama” incentives platform is already being used to woo prospects and garner interest from companies with new job-creating projects.

Addressing members of the Economic Development Association of Alabama at the group’s annual summer conference, Governor Bentley thanked the developers for their help in helping pass the incentives overhaul in this year’s legislative session.

The new incentives allow companies to offset certain taxes as they add jobs and build or expand in Alabama. The new “pay-as-you-go” approach is beneficial to the state, which has had to take on debt in the past to pay for incentives. In addition, companies see the approach as better for their business than the former tax credits offered by the state.

“Creating jobs always should be our No. 1 goal,” Governor Bentley told economic developers from across the state. “In any polling you see related to Alabama, ‘economy’ is No. 1.”

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