Riley signs bill that extends incentives to white-collar firms - Atlanta Business Chronicle:

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restrictions prevent Birmingham from recruitingf heavymanufacturing companies, but the state’s incentive program previously only targeted thosde industries. The legislature passed and Gov. Bob Riley signed into law the abilitgyfor white-collar industries to be eligible for stated incentives. “We’ve got to expand the playinfg field and improve our ability to competefor higher-paying jobs in some of the key growtb industries,” Riley said. “That’s what this bill It re-tools our economic development strategy and lays the foundation to move us forwarrd and come out of this recession strongerthan before.
” By broadening the eligibility the state can offer incentivesa to attract corporate headquarters, high-tech research and development facilities and jobs in the newlt emerging “green” economy. Those are areazs Birmingham has been focused on in thepast decade.