Business Facilities - February 2009 - (Page 36) COVER STORY Governor’s Report (Continued from page 12) that Dubuque’s sustainability initiative played an important role in IBM’s selection of the Iowa site. “The adaptive reuse of a historic structure in the heart of our downtown illustrates our shared commitment to sustainable development, historic preservation and community revitalization,” Buol says. INCENTIVES WERE KEY TO IBM’S CHOICE OF IOWA Also key to IBM’s decision were $22 million in state incentives for the project, including $11.7 million in direct financial assistance based on a $9,000 forgivable loan per job created; $8.5 million in Iowa New Jobs Training Funding, through Northeast Iowa Community College; and $1.85 million in an Iowa New Jobs Training Tax Credit. The Iowa Department of Economic Development will provide $450,000 of funding to the nonprofit Dubuque Initiatives group to purchase the historic building, lowering its lease costs to IBM. IBM plans to work with institutions of higher education in the region for recruitment and training of potential employees. The company says it will partner with schools to enhance their curricula to better prepare students for opportunities in the IT industry. The technical service delivery center in Dubuque will primarily support IBM’s U.S. strategic outsourcing clients, providing server systems operations, security services and enduser services, including maintenance and monitoring of computer hardware and software systems. IBM’s global delivery network incorporates more than 80 strategic centers around the world. The IBM announcement, the continued growth of Iowa’s windpower manufacturing hub, and its new infrastructure initiative have Gov. Culver exuding optimism about how Iowa will emerge from the current economic storm. “Our state was built by the hard work and sweat of people who were not afraid to take on this land with all of its challenges. They believed, as I do, that in every challenge there is an opportunity,” he says. “I am both optimistic and confident about what the future holds for our state.” From left: Dubuque Mayor Roy Buol, IBM senior vice president Michael E. Daniels, and Gov. Culver discuss IBM’s $100-million project. 36 FEBRUARY 2009 PHOTO CREDIT: IOWA GOVERNOR’S OFFICE
Table of Contents Feed for the Digital Edition of Business Facilities - February 2009 Business Facilities - February 2009 Contents First Word Snapshots Corporate Moves: Ohio Governor's Report Growth Magnets Industry Focus: Automotive International Report: Luxembourg Corporate Moves: Tennessee Cream of the Crop in North Carolina Advertiser Index Ask the Expert Business Facilities - February 2009 Business Facilities - February 2009 - Business Facilities - February 2009 (Page Cover1) Business Facilities - February 2009 - Business Facilities - February 2009 (Page Cover2) Business Facilities - February 2009 - Business Facilities - February 2009 (Page 1) Business Facilities - February 2009 - Contents (Page 2) Business Facilities - February 2009 - Contents (Page 3) Business Facilities - February 2009 - Contents (Page 4) Business Facilities - February 2009 - Contents (Page 5) Business Facilities - February 2009 - First Word (Page 6) Business Facilities - February 2009 - Snapshots (Page 7) Business Facilities - February 2009 - Corporate Moves: Ohio (Page 8) Business Facilities - February 2009 - Corporate Moves: Ohio (Page 9) Business Facilities - February 2009 - Governor's Report (Page 10) Business Facilities - February 2009 - Governor's Report (Page 11) Business Facilities - February 2009 - Governor's Report (Page 12) Business Facilities - February 2009 - Growth Magnets (Page 13) Business Facilities - February 2009 - Growth Magnets (Page 14) Business Facilities - February 2009 - Growth Magnets (Page 15) Business Facilities - February 2009 - Growth Magnets (Page 16) Business Facilities - February 2009 - Industry Focus: Automotive (Page 17) Business Facilities - February 2009 - Industry Focus: Automotive (Page 18) Business Facilities - February 2009 - Industry Focus: Automotive (Page 19) Business Facilities - February 2009 - Industry Focus: Automotive (Page 20) Business Facilities - February 2009 - Industry Focus: Automotive (Page 21) Business Facilities - February 2009 - Industry Focus: Automotive (Page 22) Business Facilities - February 2009 - Industry Focus: Automotive (Page 23) Business Facilities - February 2009 - Industry Focus: Automotive (Page 24) Business Facilities - February 2009 - International Report: Luxembourg (Page 25) Business Facilities - February 2009 - International Report: Luxembourg (Page 26) Business Facilities - February 2009 - International Report: Luxembourg (Page 27) Business Facilities - February 2009 - International Report: Luxembourg (Page 28) Business Facilities - February 2009 - Corporate Moves: Tennessee (Page 29) Business Facilities - February 2009 - Corporate Moves: Tennessee (Page 30) Business Facilities - February 2009 - Corporate Moves: Tennessee (Page 31) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 32) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 33) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 34) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 35) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 36) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 37) Business Facilities - February 2009 - Cream of the Crop in North Carolina (Page 38) Business Facilities - February 2009 - Advertiser Index (Page 39) Business Facilities - February 2009 - Ask the Expert (Page 40) Business Facilities - February 2009 - Ask the Expert (Page Cover3) Business Facilities - February 2009 - Ask the Expert (Page Cover4)
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