Summit Polymers Will Invest $37.5M In Kentucky
Business Facilities
MAY 2, 2022
Tier-one automotive supplier Summit Polymers will locate its third Kentucky facility in Anderson County, and create 218 new jobs.
Zeiss Vision Care Opens New U.S. Headquarters In Kentucky
Business Facilities
JULY 26, 2021
After relocating its corporate offices to Kentucky from California, lens producer Zeiss Vision Care will create 75 jobs in Hebron, KY. Headquarters In Kentucky at BusinessFacilities.com. Read: Zeiss Vision Care Opens New U.S.
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WhiteRock Pigments Investing $179M In Kentucky
Business Facilities
OCTOBER 30, 2017
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
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Denyo Manufacturing Plans $8.7M Kentucky Expansion
Business Facilities
AUGUST 31, 2017
It is also a vote of confidence in our employees, the Danville-Boyle County community, and the Commonwealth of Kentucky.”. The Kentucky Economic Development Finance Authority (KEDFA) has preliminarily approved state financial incentives in the amount of $700,000 for a portion of Denyo’s expansion project.
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Kentucky: Biotechnology Sector Is Surging In Lexington
Business Facilities
OCTOBER 5, 2016
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.
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Industrial Hemp Operation Will Create 271 Jobs In Kentucky
Business Facilities
JANUARY 29, 2018
Read: Industrial Hemp Operation Will Create 271 Jobs In Kentucky at BusinessFacilities.com. AgTech Scientific will invest $5 million in a state-of-the-art, 50,000-square-foot hemp-products development and manufacturing facility in Paris, KY.
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TAZ Trucking Investing $7.3M In Kentucky Expansion
Business Facilities
AUGUST 8, 2019
In Kentucky Expansion at BusinessFacilities.com. Just six weeks after the company cut the ribbon on its new Bowling Green facility, TAZ Trucking announced it will add up to 57 new jobs at the location. Read: TAZ Trucking Investing $7.3M
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47 Bakery Company Chooses Kentucky For Third Location
Buisness Facilities Contributed Content
FEBRUARY 29, 2016
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). plans to build a $57.1
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High-Tech Greenhouse Creating 140 Jobs In Kentucky
Business Facilities
FEBRUARY 23, 2017
Hydroponics startup AppHarvest will grow produce above ground with a $50 million investment in a reclaimed mine site in Eastern Kentucky's Pike County. Read High-Tech Greenhouse Creating 140 Jobs In Kentucky on Business Facilities - Area Economic Development, Site Selection & Workforce Solutions.
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Takigawa Corp. Japan Establishing First U.S. Operation In Kentucky
Business Facilities
DECEMBER 12, 2017
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.
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GE Appliances Plans $200M Investment In Kentucky
Business Facilities
OCTOBER 8, 2018
Read: GE Appliances Plans $200M Investment In Kentucky at BusinessFacilities.com. The expansion of the company’s Louisville manufacturing facilities will create 400 new jobs and boost dishwasher and laundry production.
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Toyota To Build Lexus ES 350 In Kentucky
Buisness Facilities Contributed Content
APRIL 19, 2013
Kentucky Gov. Steve Beshear has announced Toyota Motor Manufacturing Kentucky (TMMK) will be the first-ever U.S. Since its arrival here in 1986, the impact Toyota has had on Kentucky has been immeasurable, and the addition of Lexus production only adds to that enduring legacy,” said Gov. The Lexus ES 350 (Photo: Toyota).
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Gov. Beshear Announces Award To Support Small Business In Southeast Kentucky
Buisness Facilities Contributed Content
JANUARY 22, 2014
Steve Beshear has announced a grant to support and spur economic growth in southeastern Kentucky. The state is awarding more than $400,000 to Kentucky Highlands Investment Corp. KHIC), which provides loans, equity investments and other assistance to southeastern Kentucky businesses. Department of the Treasury. Beshear, U.S.
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Aluminum Extruder Investing $3.3M In Western Kentucky
Business Facilities
APRIL 6, 2017
In Western Kentucky on Business Facilities - Area Economic Development, Site Selection & Workforce Solutions. Three years after opening in Paducah, KY, UACJ Automotive Whitehall Industries will create 50 jobs with an expansion. Read Aluminum Extruder Investing $3.3M
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Newly Weds Foods To Invest $57 Million, Create 115 Jobs In Northern Kentucky
Buisness Facilities Contributed Content
FEBRUARY 6, 2013
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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KAAP Launches Seventh Expansion In Kentucky, Will Create 129 Jobs
Business Facilities
MAY 8, 2017
KAAP Launches Seventh Expansion In Kentucky, Will Create 129 Jobs. Business Facilities - Area Economic Development, Site Selection & Workforce Solutions. Business Facilities - Area Economic Development, Site Selection & Workforce Solutions - The Source For Corporate Site Selectors. BF Staff.
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UniFirst Investing $12M In Owensboro, KY Expansion
Business Facilities
OCTOBER 7, 2016
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.
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50 Creative Lodging Solutions LLC To Add 120 Jobs In Lexington, KY
Buisness Facilities Contributed Content
JUNE 4, 2014
“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.
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$150 Million Aluminum Facility Coming To Bowling Green, KY; Creating 80 Jobs
Buisness Facilities Contributed Content
MAY 13, 2014
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. located in Russellville. Mike Wilson, of Bowling Green.
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eBay Enterprise Expanding In Walton, KY
Buisness Facilities Contributed Content
JULY 8, 2014
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.
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Portwest LLC To Open First North American Facility In Shepherdsville, KY
Buisness Facilities Contributed Content
MARCH 26, 2014
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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Kobe Aluminum In Bowling Green, KY Breaks Ground On Second Expansion
Buisness Facilities Contributed Content
MAY 16, 2013
and Toyota Tsusho Corporation, has been a corporate citizen in south central Kentucky since 2005. We have had great experiences working in Kentucky, and we have never regretted our decision. We are excited to break ground and expand our operations in south central Kentucky once again,” said Gregory Head, KAAP corporate secretary.
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51 Hendrickson USA LLC Establishing Operations In Elizabethtown, KY
Buisness Facilities Contributed Content
FEBRUARY 13, 2014
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.
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51 Louisville, KY Getting More eBay
Buisness Facilities Contributed Content
SEPTEMBER 20, 2013
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.
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PTC Seamless Tube Corp. To Establish Manufacturing Operations In Hopkinsville, KY
Buisness Facilities Contributed Content
DECEMBER 5, 2013
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.
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49 Hayashi Telempu NA Corp. To Establish Operations In Frankfort, KY Create 103 Jobs
Buisness Facilities Contributed Content
APRIL 1, 2013
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.
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Kayser To Create 121 Jobs At New Manufacturing Operation In Fulton, KY
Buisness Facilities Contributed Content
AUGUST 7, 2013
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.
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President Obama’s Promise Zones Initiative
Buisness Facilities Contributed Content
JANUARY 9, 2014
” The first five Zones, located in San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky, and the Choctaw Nation of Oklahoma, have each put forward a plan on how they will partner with local business and community leaders to make investments that reward hard work and expand opportunity. Choctaw Nation of Oklahoma. Southeast U.S.
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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative
Buisness Facilities Contributed Content
JANUARY 16, 2014
” The first five Zones, located in San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky, and the Choctaw Nation of Oklahoma, have each put forward a plan on how they will partner with local business and community leaders to make investments that reward hard work and expand opportunity. Choctaw Nation of Oklahoma. Southeast U.S.
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Land O’Frost to Move Headquarters from Illinois to Indiana
Buisness Facilities Contributed Content
DECEMBER 17, 2012
Land O’Frost currently employs 40 professionals at its headquarters and more than 1,100 manufacturing employees at its four production plants located in Illinois, Kentucky, Arkansas and Nebraska. Also, the town of Munster offered funds using revenues generated from the issuance of a tax increment financing (TIF) bond.
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45 Land O’Frost to Move Headquarters from Illinois to Indiana
Buisness Facilities Contributed Content
DECEMBER 17, 2012
Land O’Frost currently employs 40 professionals at its headquarters and more than 1,100 manufacturing employees at its four production plants located in Illinois, Kentucky, Arkansas and Nebraska. Also, the town of Munster offered funds using revenues generated from the issuance of a tax increment financing (TIF) bond.
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40 Veritiv Opens New Ohio Operations Center
Business Facilities
NOVEMBER 28, 2016
The 72,000-square-foot Greater Cincinnati Operations Center in Fairfield, OH houses more than 400 customer service, IT, and finance employees. Read Veritiv Opens New Ohio Operations Center on Business Facilities - Area Economic Development, Site Selection & Workforce Solutions.
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Guide to Top 2023-24 Construction Conferences & Events
Autodesk Construction Cloud
JUNE 28, 2023
Get more details Equip Exposition (Louisville, Kentucky) October 18-20, 2023 The Equip Exposition will take place once again in Louisville, KY, during October 2023. Industry professionals can see over 1,000 expositions contained within over 675,000 square feet of the Kentucky Exposition Center.
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FEATURE STORY: 2013 Economic Development Deal of the Year Awards
Buisness Facilities Contributed Content
FEBRUARY 26, 2014
Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” The Kentucky site, which opened in 1986 and is Toyota’s largest plant outside of Japan, already makes Camry, Camry Hybrid, Avalon, Avalon Hybrid and Venza models and employs more than 6,500 people. A key component was legislation that Gov.
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Advanced Manufacturing: Manufacturing Gets Smarter, Faster
Business Facilities
OCTOBER 23, 2017
Photo: Kentucky Cabinet for Economic Development). That’s where Kentucky shines. In the Bluegrass State, companies announced 92 new-facility or expansion projects since the beginning of 2014, according to the Kentucky Cabinet for Economic Development. A major initiative of Kentucky Gov. Those projects total more than $2.6
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State by State Incentives Guide
Buisness Facilities Contributed Content
APRIL 15, 2014
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.
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FEATURE STORY: 2014 Economic Development Awards
Buisness Facilities Contributed Content
MARCH 28, 2014
Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund. The KNEV Fund provides seed-stage capital to support the development and commercialization of alternative fuel and renewable energy products, processes and services in Kentucky. Funds are to be used for business development activities.
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STATE INCENTIVES GUIDE
Buisness Facilities Contributed Content
MARCH 21, 2014
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour.
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Toyota Moving North American Headquarters to Plano, TX; Generating 4,000 Jobs
Buisness Facilities Contributed Content
APRIL 29, 2014
Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. After moving from its existing headquarters, Toyota will continue to have approximately 2,300 employees in California and 8,200 employees in Kentucky. Altogether, these moves will affect approximately 4,000 employees. Far West U.S.
Kentucky’s Corporate Investment Hit Record $9.2 Billion In 2017
Business Facilities
JANUARY 8, 2018
Read: Kentucky’s Corporate Investment Hit Record $9.2 More than 17,200 jobs were announced in the Bluegrass State last year, the highest number in 17 years. Billion In 2017 at BusinessFacilities.com.
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Cover Story: 2014 Business Facilities – Metro And Global Rankings
Business Facilities
AUGUST 1, 2014
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. Together, they employ thousands.
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111 FEATURE STORY: Logistics Clusters Are Jobs Magnets
Buisness Facilities Contributed Content
AUGUST 5, 2013
According to Sheffi, logistics clusters are “huge employment engines.”. Additionally, the four county-wide economic development partners can assist companies not eligible for Next Michigan with other incentives, financing, workforce hiring and training, site selection, lean implementation, and marketing including government procurement.
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COVER STORY: Global Biotech Report
Buisness Facilities Contributed Content
APRIL 22, 2013
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.,
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63 FEATURE STORY: 2013 Economic Development Awards
Buisness Facilities Contributed Content
APRIL 18, 2013
The Alliance has a strong partnership with Broward County’s Workforce One employment center, securing nearly $1 million state and local training assistance for 1,107 employees in local companies. of employment in its biotech sector, anchored by its world-class research institutions, including the Mayo Clinic and the University of Minnesota.
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