The Kentucky Economic Development Finance Authority on Thursday approved tax incentives for companies including Heaven Hill Distilleries, SMC and Duro Hilex Poly.
The approval of tax incentives outlines the state's commitment to a project if it should occur in Kentucky.
The following projects received approval from the KEDFA board:
■ Heaven Hill Distilleries in Cox's Creek in Nelson County, $150,000 in tax incentives on a $13.2 million project to expand its barrel storage and aging operations to meet increasing demands. Heaven Hill is the nation's second-largest family-owned producer and marketer of distilled spirits.
■ SMC LLC of Nicholasville, $1.5 million and $60,000 in tax incentives for a $2.6 million project to expand its Nicholasville operation to produce printed circuit board assemblies for the EMS industry and the purchase of new equipment. The expansion would create up to 100 new jobs paying an average of $17 an hour including employee benefits.
■ Duro Hilex Poly LLC, which makes flexible paper and plastic packaging, $1.9 million in tax incentives for a $4.3 million project to expand its Northern Kentucky operations.
■ Koch Filter Corp. of Louisville, $90,000 in tax incentives on a $7.1 million project to expand into a more efficient single campus.
■ Verst Group Logistics of Lawrenceburg, $300,000 in tax incentives on a $17.5 million project to build a distribution center. The company employs 221 people at several locations in Kentucky and operates over 4.5 million square feet of class A warehouse space, a transportation fleet of 75 tractors and 300 trailers and a contract packaging division.
■ Printograph Inc. of Hebron, an online printing company, $200,000 and $30,000 in tax incentives for a $6.1 million project to expand its operation to create adequate space for an additional printing press.
■ TMS Automotive of Bowling Green, a supplier of auto parts, applying rust inhibitor and parts washing, $400,000 and $25,000 in tax incentives on a $5 million project to purchase a building and new equipment.
■ Connolly iHealth Technologies in Louisville, a payment integrity and payment transaction analytics company, $850,000 in tax incentives on a $3.4 million project to expand its existing facility and purchase equipment. The expansion would create up to 45 jobs earning an average hourly wage of $40 an hour including benefits.
■ Consolo Services Group of Lexington, a software company that specializes in hospice software and offers billing services to clients across the country, $400,000 in tax incentives on a $730,700 project to expand its existing operations in Fayette County. The expansion would create up to 30 jobs earning an average hourly wage of $27 an hour including benefits.
■ Menzner Lumber and Supply Co. of Marathon City, Wisc., $1 million in tax incentives on a $2.6 million proposed location in Somerset. The location would create up to 90 jobs earning an average hourly wage of $13 an hour including benefits.
■ Hollison LLC of Owensboro, a company that wants to move into manufacturing products and services for food protection and the detection of contaminants in the food supply chain, $700,000 in tax incentives on a $1.2 million project to move into a larger space and purchase new equipment. The expansion would create up to 34 jobs earning $38 an hour including benefits.