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Newly Weds Foods To Invest $57 Million, Create 115 Jobs In Northern Kentucky

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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.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. Noting that the rolling pasture land was less than 20 miles from Atlanta’s international airport, the Pinewood team indicated it was a feasible location for their new studio complex. manufacturing.” Toyota is investing an additional $171.2

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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. Photo: Kentucky Cabinet for Economic Development). That’s where Kentucky shines. A major initiative of Kentucky Gov. And a number of initiatives, programs and advantages are moving Kentucky toward that goal.

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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Business Facilities Names 2013 Deal of the Year Winners

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million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. The KOZ incentive program provides tax abatements for county and township property taxes, corporate net income taxes, and school taxes for a period of 10 years. Kentucky Gov. manufacturing.” production of a Lexus.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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FEATURE STORY: 2013 Economic Development Awards

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Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. That research supports the trade shows and targeted retail and hospitality efforts of the city. The company $7.2-million

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