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Snapshots: 60 Seconds With Terry Gill, Kentucky Cabinet for Economic Development

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What is your strategy to keep the momentum going for an economic revival in the eastern part of Kentucky? Terry Gill, Secretary, Kentucky Cabinet for Economic Development. TG: Eastern Kentucky offers a wealth of resources and opportunities for manufacturing, service and technology-related companies.

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SPECIAL REPORT: Site Location Factors For Automotive Suppliers

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Before Nissan’s location of an automobile manufacturing facility in Smyrna, Tennessee in 1983, there were no automotive manufacturing facilities south of Kentucky. In concert with the recession-fueled decline of vehicle sales, automotive supplier production capacity and employment also dropped rapidly during the Recession.

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Automotive Industry Focus: Hitting On All Cylinders

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KENTUCKY: A CENTURY OF LEADERSHIP. Kentucky expanded its automotive industry leadership in 2015 with billions of dollars in investments planned by automakers and parts suppliers, fresh products launched and thousands of new jobs announced. . Source: Kentucky Cabinet for Economic Development). plant in Georgetown, KY.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Must expand its labor force, make new capital investment, or prevent loss of employment. Services are provided at no cost to employers or trainees.

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STATE INCENTIVES GUIDE

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The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. 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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Industry Focus: Food Processing – The Process Of Consistency

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Economic development partners, such as The Workforce Development Board of Oswego County, create opportunities to bring workers and employers together and collaborate with colleges and vocational schools to encourage the development of courses that enhance workers’ skills and meet the needs of employers. percent between 2008 and 2018.