KEDFA approves tax incentives for bilingual staffing business, customized printer

The Kentucky Economic Development Finance Authority on Thursday approved tax incentives for companies including Georgetown's Consultant Solutions, Framebridge of Richmond and Hogan Lovells of Louisville.

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 on Thursday:

▪  Consultant Solutions of Georgetown, a bilingual staffing company specializing in executive language training and staffing technical and administrative employers, $150,000 and $40,000 in tax incentives on a $1.7 million facility. The building would house the company’s corporate and global offices in addition to consolidating two existing operations currently in Georgetown.

The project would create up to 10 jobs with an average hourly wage target of $22 an hour including benefits.

▪  Framebridge of Richmond, a light manufacturing company specializing in customized special printed items via online commerce, $500,000 in tax incentives on a $1.9 million investment for a manufacturing facility. The project is expected to create up to 175 jobs paying an average hourly wage of $15 including benefits.

▪  Hogan Lovells US of Louisville, a multinational law firm co-headquartered in London and Washington. D.C., $4 million in tax incentives on an $8.9 million investment to locate in a new facility. The firm is seeking to open a service center operation in order to consolidate its business support activities. The new site is expected to create up to 250 new jobs, with an average hourly wage of $31 an hour including benefits.

▪  Integrity Express Logistics of Fort Mitchell, a third-party logistics provider specializing in less-than-truckload, truckload and intermodal freight solutions regionally and nationally, $200,000 in tax incentives on an $820,000 investment to establish an operation in Fort Mitchell. The operation would create up to 30 jobs with an average hourly wage of $21 an hour including benefits.

▪  Apus Air of Owensboro, which specializes in the recruitment and placement of highly skilled aviation personnel with Chinese airlines, $1.6 million in incentives for an office building at the Owensboro airport to relocate its headquarters. The project would create up to 20 jobs with an average hourly wage of $24 an hour including benefits.

▪  Eagle Press America of Franklin, a manufacturer of press and stamping equipment, $200,000 in incentives on a $1 million relocation of manufacturing from its Canadian location and headquarters. The project would create up to 10 jobs with an average hourly wage of $32.50 including benefits.

▪  Mobile Marketing Solutions of Central City, a marketing agency based on the manufacturing and service development of mobile media platforms, $480,000 in tax incentives on a $600,000 project to expand its facility. The expansion would create up to 18 jobs with an average hourly wage of $22 an hour including benefits.

▪  The Wood Mill of Sturgis, a newly formed railroad tie and pallet manufacturer, $460,000 in tax incentives on a $1.1 million project to start manufacturing products from logs than have been harvested.

▪  Eby-Brown Company of Shepherdsville, the largest privately owned convenience store distributor in the United States, $2.4 million in tax incentives on a $36.9 million investment in a new distribution and warehouse facility in Bullitt County. The project is expected to create up to 245 jobs with an average wage of $18 an hour including benefits.

▪  Sherwood Midwest of Walton, one of the largest independently owned bedding manufacturers in the U.S., $1.2 million in incentives on a $11.1 million project for a manufacturing facility. The expansion would create up to 150 jobs with an average hourly wage of $20 an hour including benefits.

▪  New Source Medical of Louisville, which provides medical durable equipment to be used in nursing homes, long-term care facilities and hospitals, $800,000 in tax incentives on a $3 million project to relocate some assets from Florida to a warehouse/distribution operation.

This story was originally published February 25, 2016 at 4:31 PM with the headline "KEDFA approves tax incentives for bilingual staffing business, customized printer."