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It has been a pleasure to work with the Kentucky economic development folks and the administration in Hancock County,” said Robert Meyer, CEO of WhiteRock Pigments (WPR). Additionally, KEDFA approved WRP for up to $300,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). Photo: Kenergy). “It
Jacobs Automation is an innovative company with revolutionary technology in its field,” said Kentucky Gov. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
Hera will move its current seven employees from the University of Kentucky campus to its new facility. Kentucky is an ideal location for a CRO like Hera to start and grow as it offers a competitive edge in manufacturing and an excellent place to recruit and attract the type of talent we are looking for,” Crawford said.
Steve Beshear joined Newly Weds Foods executives, Northern Kentucky Tri-County Economic Development Corporation and local officials to announce that the company will launch a regional food production facility in northern Kentucky with plans to create 115 jobs and a $57 million investment in Boone County and the Commonwealth.
Beshear, who noted that Kemmerich’s job creation and investment further strengthens Kentucky’s expanding automotive industry. Kemmerich is one of 61 German-owned companies and nearly 180 European companies in Kentucky. The post Kemmerich USA To Establish Manufacturing Operations In Kentucky appeared first on Business Facilities.
Kentucky Gov. Steve Beshear welcomed Southern Air to the Commonwealth and praised the company for its decision to locate its headquarters in Kentucky. This is a proud day for the Commonwealth, with the addition of up to 150 jobs and the global headquarters for Southern Air in northern Kentucky,” said Gov. Wuchner, of Florence.
Custom Foods has been a valuable member of the Bath County community since 1994, and we’re excited to see the company grow and succeed in the Commonwealth,” said Kentucky Gov. Kentucky has a strong reputation nationally in the food and beverage industry, and companies like Custom Foods Products are a key reason why,” said Rep.
Kentucky Gov. The $150-million project is one of the largest in south central Kentucky in the past decade and is expected to create 80 new jobs. This is a huge investment in Kentucky – one that further solidifies our role as a key player in the auto industry,” said Gov. Mike Wilson, of Bowling Green.
The announcement marks the third German company to locate a new operation in Kentucky this year, all three of which serve the auto industry. Kentucky has experienced tremendous success in foreign direct investment growth, adding nearly 100 new facilities over the past decade.
Photo: Kentucky Cabinet for Economic Development/LinkedIn). After conducting a lengthy national site selection process, Takigawa is excited to have selected Bardstown, Kentucky as the home of our new US facility,” said Hiroyuki Takigawa, president of Takigawa Corp. Takigawa also can receive resources from the Kentucky Skills Network.
Kentucky offers the business climate, infrastructure, resources and personalized services necessary for companies like theirs to succeed.”. Additionally, More Than A Bakery was preliminarily approved by KEDFA for $700,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA).
Executives from Superior Composites Co joined state economic development and local officials in Vanceburg, Kentucky, to mark the start of a $2.5 Additionally, KEDFA approved Superior Composites for up to $50,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). million expansion at its Kentucky facility.
are names that companies and people trust for commerce and online shopping, which continue to grow and evolve every day,” said Kentucky Gov. To encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.5 Steve Beshear.
It’s always exciting to see a business grow its global presence in Kentucky,” said Kentucky Gov. I am committed to growing our business in Kentucky and appreciate the assistance we have received from the state of Kentucky and economic development,” said Mike Tetterton, owner and president of Creative Lodging Solutions.
Kentucky Gov. It will be the company’s third northern Kentucky facility. It will be the company’s third northern Kentucky facility. This is a remarkable investment in the Commonwealth, with eBay Enterprise spending $52 million to expand its footprint in northern Kentucky. Posted by Heidi Schwartz.
The company’s decision to locate in Kentucky follows Gov. It’s an honor that Kayser chose Kentucky as its first site for U.S. million in Kentucky. It’s an honor that Kayser chose Kentucky as its first site for U.S. million in Kentucky. Kentucky’s automotive industry continues to grow.
Last month, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved UniFirst for tax incentives up to $500,000 through the Kentucky Business Investment program. UniFirst can also receive resources from the Kentucky Skills Network. Relocating or Expanding Your Business In Kentucky.
Kentucky Gov. and UACJ Corporation, the $150 million aluminum production facility marks one of the largest investments in south central Kentucky in the past decade. million through the Kentucky Business Investment program. Posted by Heidi Schwartz. A joint venture between Constellium N.V.
will have a long-lasting impact on the Hopkinsville community and the Commonwealth as a whole,” said Kentucky Gov. Kentucky’s high quality workforce and ideal strategic location will play key roles in building a solid future for PTC in the Commonwealth.”. Steve Beshear.
Sterling and the Commonwealth,” said Kentucky Gov. Kentucky has the right combination of a quality workforce with a strong work ethic that we are familiar with in the Midwest. Southeast Workforce Training/Skilled Workforce Blog-Sept-2014 Kentucky Economic Development Finance Authority Mt. Steve Beshear. Sterling'
“MVP is excited to continue strengthening our roots in western Kentucky and now in Fulton,” said Travis Propes, MVP Group International’s chief merchandising officer and owner. Archives Articles By Industry Articles By Location Articles By Topic Daily News Featured Post Incentives Kentucky Logistics And Distribution Online Features U.S.
Kentucky Gov. The Kentucky Transportation Cabinet, local development officials and historic preservation officials worked together to make sure the site remained a viable location for innovative economic development. “As Kentucky produces 95 percent of the world’s bourbon. Posted by Heidi Schwartz. million people. “I
Kentucky Gov. Imperium Health Management is a new company with a strong vision for the future, and that is exactly what we want to see here in Kentucky,” said Gov. Imperium has operations in Phoenix, Jacksonville, Chicago and two in Kentucky,” said Gary Albers, co-founder and COO. million in the project. million in the project.
To encourage the investment and job creation in Frankfort, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.3 million through the Kentucky Business Investment program. Kentucky is home to nearly 450 motor vehicle-related facilities, employing nearly 80,000 people.
“This is a very exciting expansion,” said Kentucky Gov. I look forward to seeing this operation come to life and the distribution of another Kentucky-made product around the world.”. Southeast Uncategorized Workforce Training/Skilled Workforce Blog-Sept-2014 Jefferson County KEDFA Kentucky Business Investment program Louisville'
We are very excited that this iconic Kentucky brand continues to grow in popularity.”. To encourage the investment and job creation in Marion County, the Kentucky Economic Development Finance Authority preliminarily (KEDFA) approved the company for tax incentives up to $4.25 Jimmy Higdon, of Lebanon. “The
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.
The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance. The cranes were also part of the agreement.
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.
financing in Europe has not regained the levels seen prior to the financial crisis. A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. In contrast to the U.S.,
The first, announced in 2012, is ConAgra’s new facility and research agreement. To achieve that goal, they provide comprehensive assistance to existing businesses and those seeking to relocate, whether they are developing a business plan, looking for the best site, or searching for financing or other assistance.
4 (Indiana and Kentucky) were revving their engines and gaining on the frontrunners at the finish line. Last year, the state signed an agreement with Mercedes-Benz that recognizes Shelton State Community College as one of the best in its field in preparing individuals for careers in manufacturing. Mercedes-Benz U.S. 2 at 26 percent).
A Federal Empowerment Zone designation, two Urban Enterprise Zones, flexible financing and low business costs make Cumberland County competitive with all areas of the country. Due to favorable lease agreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months.
Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. Those include five on the Fortune 500 list—Berkshire Hathaway, Inc.,
This is a welcomed investment in central Kentucky,” said Gov. I am pleased to announce that, once again, Hendrickson is expanding operations in Kentucky,” said Perry Bahr, vice president Trailer Commercial Vehicle Systems for Hendrickson. Our team members in Kentucky have proven their dedication, loyalty and work ethic.
I’m very excited Portwest chose Kentucky as its entryway into the U.S. This is yet another great example of Kentucky being at the forefront of international commerce,” said Kentucky Gov. We are delighted to start a new branch in Kentucky, which is centrally located for distribution and business friendly. Steve Beshear.
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