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Kentucky

Visit this Kentucky sponsor for details and contacts

Welcome to Kentucky on Business Facilities Online

KENTUCKY Fast Facts

• Population (2006): 4,206,074
• Largest Cities (2006): Louisville, 554,496; Lexington-Fayette, 270,789; Owensboro, 55,525; Bowling Green, 53,176; Covington, 42,797
• Targeted Industries: automotive, logistics/distribution, food processing, information technology and communications, biosciences environmental and energy technologies, materials science and advance manufacturing

• Key Incentives: Kentucky Rural Economic Development Act (KREDA), Kentucky Jobs Development Act (KJDA), Kentucky Industrial Development Act (KIDA), Kentucky Environmental Stewardship Act (KESA), Kentucky Enterprise Initiative Act (KEIA)

KENTUCKY State Incentives

The Kentucky Rural Economic Development Act (KREDA) is available to new and expanding manufacturing projects in qualified KREDA designated counties. Companies with projects approved under KREDA may potentially receive state income tax credits and job assessment fees for up to 100% of their capital investment for up to 15 years on land, buildings, site development, building fixtures, and equipment used in a project.

Kentucky Jobs Development Act (KJDA) is open to new and expanding service- and technology-related projects. KJDA projects may receive a 100% credit against the state income tax arising from a project and collect a job assessment fee of up to 5% of the gross wages of each employee whose job is created by the project and who is subject to Kentucky income tax. Amounts can be up to 50% of project start-up cost and up to 50% of annual facility rental cost or rental value for up to 10 years. The local community must approve the project prior to submission of an application.

New and expanding manufacturing projects can take advantage of the Kentucky Industrial Development Act (KIDA). Projects approved under KIDA may receive state income tax credits for up to 100% of its capital investment for up to 10 years on land, buildings, site development, building fixtures, and equipment used in a project. Or, the company may collect a job assessment fee of 3% of the gross wages of each employee whose job is created by the approved project and who is subject to Kentucky income tax.

Kentucky Environmental Stewardship Act (KESA) is for manufacturing environmental stewardship products that are unique products having a substantial positive impact on the environment. Companies with projects approved under KESA must have at least $5,000,000 in eligible cost and can potentially recover up to 25% of the project's fixed asset cost and 100% of employee skills training. The tax incentive is available for recovery over a 10-year period.

Business Facilities articles covering Kentucky

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Kentucky Press Releases

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Kentucky State Resources

STATE CONTACTS

Kentucky Cabinet for Economic Development
John Hindman
Secretary
Old Capitol Annex, 300 W. Broadway
Frankfort, KY, 40601
Tel: 800-626-2930
email: econdev@ky.gov
Web: www.ThinkKentucky.com
Many of the world�s most successful companies agree that Kentucky, land of the thoroughbred, is ideal for business.With our track record,we�re willing to wager that you�ll find Kentucky a winner across the board.

REGIONAL CONTACTS

Commerce Lexington Inc.
Gina Greathouse
Senior VP of Economic Development
330 East Main Street
Lexington, KY, 40507
Tel: 859-225-5005
email: ggreathouse@commercelexington.com
Web: www.commercelexington.com
Commerce Lexington (CLX) is the economic development agency serving the Greater Lexington areas. CLX maintains a comprehen- sive approach to regional economic development by assisting local business expansion, encouraging entrepreneurial activity, and recruiting new businesses.

STATE CONTACTS
(scroll - to view all listings)

Kentucky Cabinet for Economic Development
John Hindman
Secretary
Old Capitol Annex, 300 W. Broadway
Frankfort, KY, 40601
Tel: 800-626-2930
Web: www.ThinkKentucky.com

University of Kentucky
Deborah Weiss
Director Marketing and Public Relations
A 268 ASTeCC Building, University of Kentucky
Lexington, KY, 40506-0286
Tel: 859-257-8296
Web: www.research.uky.edu/ed

UTILITIES

Duke Energy (address is in Ohio, serves Kentucky)
Karen A. Craddock
Project Manager, Economic Development
139 East 4th Street
Cincinnati, OH, 45202
Tel: 513-419-5974
Web: www.locationcincinnatiusa.com

E.ON U.S.
Lisa Payne
Econ. Dev. Executive
P.O. Box 32010, 220 West Main St.
Louisville, KY, 40202
Tel: 502-627-4955
Web: www.site-selection.com

East Kentucky Power Co-op.
Chuck Caudill
Economic Development Manager
Box 707
Winchester, KY, 40392-0707
Tel: 859-745-9390
Web: www.ekpc.coop

REGIONAL CONTACTS

Ashland Alliance
Bob Hammond
Director of Business Development
P.O. Box 830
Ashland, KY, 41105-0830
Tel: 606-324-5113
Web: www.ashlandalliance.com

Commerce Lexington Inc.
Gina Greathouse
Senior VP of Economic Development
330 East Main Street
Lexington, KY, 40507
Tel: 859-225-5005
Web: www.commercelexington.com

Morehead-Rowan County Economic Development Council, Inc.
Rodney Hitch
Director
100 Lake Park Road
Morehead, KY, 40351
Tel: 606-784-5874
Web: www.edc-eky.com

Nelson County Economic Development Agency
Kimberly Huston
President
1 Court Square
Bardstown, KY, 40004
Tel: 502-348-6402 100
Web: www.nceda.net

Northern Kentucky Tri-ED
Daniel Tobergte
President/CEO
P.O. Box 17246, 300 Buttermilk Pike, Suite 332
Covington, KY, 41017
Tel: 859-344-0040
Web: www.northernkentuckyusa.com

South Kentucky Industrial Dev. Association
Sherman Chaudoin
Executive Director
P.O. Box 110
Princeton, KY, 42445
Tel: 270-365-1431
Web: www.skida.org

COUNTY CONTACTS

Anderson County Econ. Dev. Authority
Catherine Myers
Executive Director
100 N. Main St., Suite 213
Lawrenceburg, KY, 40342
Tel: 502-839-5564
Web: www.lawrenceburgky.org

Augusta-Brooksville-Bracken County Industrial Authority
Thomas Stephenson
Chairman
P.O. Box 264
Brooksville, KY, 41004
Tel: 606-735-2300
Web: www.btadd.com

Bullitt County Economic Dev. Authority
Bob Fouts
Executive Director
P.O. Box 676
Shepherdsville, KY, 40165
Tel: 502-543-1200
Web:

Danville-Boyle County Economic Development Partnership
Jody A. Lassiter
President/CEO
304 South Fourth Street, Suite 201
Danville, KY, 40422
Tel: 859-236-0636
Web: www.dbcedp.com

Fulton County Econ. Dev. Partnership
Eddie Crittendon
Executive Director
P.O. Box 1413
Fulton, KY, 42041-1413
Tel: 270-472-2125
Web:

Greater Paducah EDC
George Harben
Vice President
P.O. Box 1155
Paducah, KY, 42002-1155
Tel: 270-575-6633
Web: www.gpedc.com

Lincoln County Economic Development Authority
Arlen Sanders
Executive Director
201 E. Main Street, Suite 1
Stanford, KY, 40484
Tel: 606-365-4555
Web: www.lincolnky.com

Logan Economic Alliance for Development (LEAD)
Paula Timberlake
Administrative Assistant
116 South Main Street
Russellville, KY, 42276
Tel: 270-726-9575
Web: www.loganleads.com

Oldham County Economic Development Authority
Deana Epperly
Executive Director
412 East Main Street
LaGrange, KY, 40031
Tel: 502-222-1635
Web: www.oldhamcountychamber.com

Pendleton Economic Development
Jack Wright
Director
P.O. Box 171
Falmouth, KY, 41040
Tel: 859-654-4332
Web: www.pendletoncounty.ky.gov

Pike County Chamber of Commerce
Brad Hall
President & CEO
787 Hambley Blvd.
Pikeville, KY, 41501
Tel: 606-432-5504
Web: www.pikecountychamber.org

Scott County United
Jack Conner
Director
160 East Main
Georgetown, KY, 40324
Tel: 502-863-3248
Web: www.gtown.org

Shelby County Industrial & Development Foundation, Inc.
Bobby G. Hudson
President
P.O. Box 335,
Shelbyville, KY, 40065
Tel: 502-633-5068
Web: www.shelbycountyindustrialfoundation.com

Somerset/Pulaski County Development Foundation
Carrol Estes
Executive Director
P.O. Box 450
Somerset, KY, 42502
Tel: 606-678-5000
Web: www.spcds.com

Taylorsville-Spencer County Economic Development Authority, Inc.
Annette King
Executive Director
P.O. Box 506
Taylorsville, KY, 40071
Tel: 502-477-3246 - office, 502-643-1540 - cell
Web: www.spencercountyky.gov

Union County Economic Development Foundation, Inc.
Paul J. Monsour
Executive Director
P.O. Box 374
Morganfield, KY, 42437
Tel: 270-389-9600
Web: www.ucky.org

Woodford County Economic Development Authority
Peggy Sharon
Executive Director
P.O. Box 1509, 103 S. Main St., Suite 203
Versailles, KY, 40383
Tel: 859-879-0244
Web: www.woodfordkyeda.com

CITY CONTACTS

Bowling Green

Bowling Green Area Chamber
Jim Hizer
President & CEO
P.O. Box 51
Bowling Green, KY, 42102-0051
Tel: 270-781-3200
Web: www.bgchamber.com

Corbin

Corbin Econ. Development Agency
Bruce Carpenter
Director
101 Depot St.
Corbin, KY, 40701
Tel: 606-528-6390
Web: www.corbinky.org

Covington

City of Covington Economic Development Department
Jay Fossett
City Manager
638 Madison Ave.
Covington, KY, 41011
Tel: 859-292-2163
Web: www.covingtonky.gov

Frankfort

Capital Community Economic/Industrial Development Authority
Phillip A. Kerrick
Executive Director
109 Consumer Lane
Frankfort, KY, 40601
Tel: 502-226-5611
Web: www.cceida.com

Hopkinsville

Hopkinsville/Christian County Economic Development Council
Kim Schippers
Director
2800 Fort Campbell Blvd.
Hopkinsville, KY, 42240
Tel: 270-885-1499
Web:

Louisville

Greater Louisville Inc.
Eileen Pickett
Sr. Vice President Community & Economic Development
614 West Main St. Suite 6000
Louisville, KY, 40206
Tel: 502-625-0000
Web: www.GreaterLouisville.com

Owensboro

Greater Owensboro Economic Development Corporation
Nick Brake
President/CEO
200 East Third St.
Owensboro, KY, 42303-0825
Tel: 270-926-4339
Web: edc.owensboro.com

Radcliff

North Hardin Economic Development Authority
Brad Richardson
Executive Director
3939 South Dixie Blvd.
Radcliff, KY, 40160
Tel: 866-351-6455
Web: www.nheda.net

Springfield

Springfield/Washington County Economic Development Authority
Hal B. Goode
Executive Director
124 W. Main St.
Springfield, KY, 40069
Tel: 859-336-0052
Web: www.sweda.org

Vanceburg

Vanceburg/Lewis County Industrial Auth.
Angie Patton
Mayor
109 Second Street, Suite 2
Vanceburg, KY, 41179-1051
Tel: 606-796-6003
Web:

Winchester

Winchester and Clark County Industrial Development Authority
Todd Denham
Director
2 S. Maple St.
Winchester, KY, 40391
Tel: 859-744-5627
Web: www.winchesterindustry.com

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