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District of Columbia Boosts Opportunity Zones

District of Columbia Boosts Opportunity Zones

District of Columbia Boosts Opportunity Zones

President Trump Targets Distressed Communities

IncSmart District of Columbia (Small Business and Startups) - District of Columbia boosts Opportunity Zones in distressed areas of the United States.  President Trump signed an order directing 13 Federal Agencies to target low income and distressed areas in America.  The program was created in 2017.   State governors have  included over 8700 areas that can benefit from the Opportunity Zone distinction.  The program will be headed by HUD Secretary Ben Carson.  
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Recovery in Alaska Begins

Recovery in Alaska Begins

Recovery in Alaska Begins

Anchorage Rebuilding Will Take Several Weeks

IncSmart Alaska (Small Business and Startups) - Recovery in Alaska Begins after an earthquake seven miles northwest of Anchorage.  There were no fatalities.  President Trump said no expense is too great from help from the Federal Government.  The state is just beginning to evaluate the damage.  This quake was not as severe as the quake in 1964 of 9.2 magnitude that resulted in 129 deaths, but the state warned it would takes weeks to recover, as they are still fighting hundreds of gas leaks that are causing fires.  
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Amazon to Headquarter in Virginia

Amazon to Headquarter in Virginia

Amazon to Headquarter in Virginia

Arlington County Virginia to Issue Bonds

IncSmart Virginia (Small Business and Startups) - Governor Ralf Northern announces Amazon's plans to headquarter in National Landing Virginia.  Virginia is offering Amazon $573 million is subsidies from the state.  Virginia is also paying bonuses to Amazon for helping create jobs, and a $300 million dollar infrastructure deal.  Virginia will provide Amazon $22,000 per person for workforce creation,  up to a maximum of $750 million dollars.  Virginia and Arlington County are offering as much as $800 in public assistance.  Virginia will have to share the headquarters with New York City.  
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Pennsylvania to Reopen First Bank

Pennsylvania to Reopen First Bank

Pennsylvania to Reopen First Bank

$26 Million Dollar Refurbishment

IncSmart Pennsylvania (Small Business and Startups) - Pennsylvania to Reopen First Bank.  The governor or Pennsylvania has just announced the refurbishing of the First Bank of the United States.  The building will become a museum. The First Bank of Philadelphia was founded by Alexander Hamilton, and charted on February 25, 1791.  Hamilton was Secretary of the Treasury, and created the bank to help the United States with it's huge debt after the Revolutionary War.  


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Recovery in North Carolina from Florence

Recovery in North Carolina from Florence

Recovery in North Carolina from Florence

Property Damage in the Billions

IncSmart North Carolina (Small Business and Startups) - Recovery will be a long recovery period in North Carolina from Hurricane Florence. It is estimated thirteen billion dollars in property damage.  Flood damage to homes and business will be extensive and will make a huge financial impact in the state.  Few North Carolinians have flood insurance, and hundreds of thousands of homes are still without power.  There will be a massive rebuilding not only of housing but of infrastructures and roads.  Millions of livestock animals have died and the Price Gauging Law will be in effect for 45 days.  
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 Recovery After Massachusetts Explosions

Recovery After Massachusetts Explosions

 Recovery After Massachusetts Explosions

8000 People Displaced

IncSmart Massachusetts (Small Business and Startups) - There will be an extensive recovery effort after the Massachusetts gas line explosions.  There was a series of natural gas explosions in three towns north of Boston.  Over 8000 people were displaced and asked to go north of the Merrimack river.  There were fires in more than 80 homes that were serviced by Columbia Gas.  All homes with Columbia Gas service, were asked to evacuate.  The first responders are still locating underground gas leaks by using infrared cameras.
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California After the Fire Season

California After the Fire Season

California After the Fire Season

Rebuilding Shasta County

IncSmart California  (Small Business and Startups) - California is having a disastrous wild fire season.  The explosive fires have ravaged the state leaving behind blackened timber and brush fields.  Shasta County has been hit with mandatory evacuations and highway closures.  The latest fire is over 22,000 acres or 34 square miles and still burning.  The fires are responsible for killing California residents and burning over 8000 thousands of homes and destroying over 300 businesses.

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$75 Million Dollar Alabama Factory Project

$75 Million Dollar Alabama Factory Project

$75 Million Dollar Alabama Factory Project

Continental Motors Investment in Mobile 

IncSmart Alabama (Small Business and Startups) - Continental Motors begins construction of it's new $75 million dollar factory in Mobile Alabama.  The new project is 275,000 square feet.  Most of this space is dedicated to advance engine and parts manufacturing for it's product line.  The new Mobile facility is expect to take about 10 months and will be operational by 2020.  Continental Motors is owned by a Chinese company named AVIC International Holding Corp.  
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Pennsylvania Boeing Plant Wins Contract

Pennsylvania Boeing Plant Wins Contract

Pennsylvania Boeing Plant Wins Contract

Ridley Park to Build Ospreys

IncSmart Pennsylvania (Small Business and Startups) - Pennsylvania Boeing plant in Ridley Park wins contract to build Ospreys for the US Navy, Marines Air Force, and the government of Japan.  The joint venture is with Boeing and Bell Helicopter.  The facility in Ridley Park is undergoing a $100 million dollar renovation of it's 350,000 square foot site.  
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New Jersey Casinos Reopen

New Jersey Casinos Reopen

New Jersey Casinos Reopen

Two Shuttered Casinos Reopen Today

IncSmart New Jersey (Small Business and Startups) - It's a big day in Atlantic City as New Jersey reopens two casinos.  Atlantic City still has nine casinos open, after the twelve that have been closed in this seaside gambling resort, and the Boardwalk is open year round.  The former Trump Taj Mahal will open as the Hardrock, and Revel will open as the Ocean Resort Casino.  The Hard Rock Hotel will hire 3,800 employees and the Ocean Resort Casino will hire an additional 3000 jobs.  

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Expansion at Virginia Port

Expansion at Virginia Port

Expansion at Virginia Port

Reconstructing Shipping Channels in Hampton Roads

IncSmart Virginia (Small Business and Startups) - Expansion at Virginia Port. Port of Virginia expansion is on schedule and at budget.  Virginia has already secured $695 million in private and state investment, and the state is asking for an additional $300 million from the Federal government.  The expansion incudes dredging and deepening the commercial shipping channel and reconstructing the width of the channel to 1400 feet.  A new terminal will also be constructed using the dredge material from the widened channel.  
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California to Expand Convention Facilities

California to Expand Convention Facilities

California to Expand Convention Facilities

Los Angeles Convention Center Growing

IncSmart California  (Small Business and Startups) - The operator of the Los Angeles Convention Center, Anschutz Entertainment Group, is proposing a $1.2 Billion expansion.  The expansion would be a public and private partnership and will include a new 40 tower hotel.  They are requesting tax incentives for the project.  The proposal outlines an aggressive time table to end the construction in 2021.  

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Illinois Reopening Steel Plant

Illinois Reopening Steel Plant

Illinois Reopening Steel Plant

Granite City Benefits from the Trump Tariffs. 

IncSmart Illinois (Small Business and Startups) - US Steel is reopening an idled plant, bringing back a community by rehiring employees.  The steel plant has been closed since 2015, due to the unfair trade practices and the dumping of cheap steal.  The steel industry has been in a steady decline for years.  The average wage of the plant employee was $64,000.  

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Lorain Ohio Steel Mill Opening

Lorain Ohio Steel Mill Opening

Lorain Ohio Steel Mill Opening

 Over 1000 Jobs May Open in Two Months

IncSmart Ohio (Small Business and Startups) - Republic Steel with headquarters in Canton , plans on opening Ohio plant after President Trump announced tariffs.  The plan is to restart the facility in Lorain Ohio to prepare for an anticipated growth for demand across the nation after President Trumps announcement.  Tariffs are often used as a last resort, but the domestic steel industry has reached that point.  Chinese steel has flooded the outside it's borders and roiled the global market, affecting steel mills and workers everywhere.  

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