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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). The program originally was designed to encourage a huge investment and job growth by Ford in Louisville, but Gov.

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Automotive Industry Focus: Hitting On All Cylinders

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However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. That early success echoes today, as Ford operates two plants in Louisville. These larger vehicles account for more than half of U.S.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. Ford in June announced it will invest $900 million into its Kentucky Truck Plant (KTP) in Louisville to support production of the 2018 aluminum-alloy bodied Lincoln Navigator and Ford Expedition. ALUMINUM GOES WHITE-HOT IN KY.