Battle looms on enterprise zones.(Alba and Francisco Pineda tax credits) From: Los Angeles Business Journal | Date: April 24, 2006| Author: Fine, Howard | COPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Thanks to a special state tax credit, Alba and Francisco Pineda developed a thriving furniture manufacturing business in economically distressed South Los Angeles instead of getting swamped by low-cost furniture from Asia.

For the last four years, the Pinedas have received tax credits worth tens of thousands of dollars for hiring more than two dozen local workers and investing in equipment at a recently expanded facility near their original plant.

"It's too e...

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