NEWS
By STEPHANIE MOJICA and smojica@amnews.com | April 30, 2013
Danville City Commission unanimously voted Tuesday to approve a letter of welcome to Corning Inc., but only four out of five commissioners voted in favor of a resolution supporting the Danville-Boyle County Economic Development Partnership. No public comments were accepted during Tuesday's special meeting, which Commissioner Paul Smiley called in hope of addressing some recent public controversies between Mayor Bernie Hunstad and EDP President and Chief Executive Officer Jody Lassiter.
NEWS
By STEPHANIE MOJICA and smojica@amnews.com | April 27, 2013
Danville City Commission will hold a special meeting Tuesday to further discuss its working relationship with the Danville-Boyle County Economic Development Partnership. First-term Commissioner Paul Smiley spearheaded the idea to hold the special meeting after discussions last week on the topic turned unpleasant. Last Tuesday, the EDP and affiliated agencies such as the Heart of Danville visited city hall for a special meeting and gave a presentation. But near the end of the meeting the environment visibly deteriorated as Mayor Bernie Hunstad and EDP president Jody Lassiter had several heated verbal exchanges.
NEWS
By Kendall Sparks | April 26, 2013
The Freeman Corporation, located at 415 Magnolia St., will be receiving a tax incentive of $500,000 and will expand in the coming months. The hardwood veneer manufacturing company, which has been operating in Winchester for nearly 100 years, is planning a $3.4 million expansion, said Todd Denham, Winchester-Clark County's Economic Development Director. He also said the expansion would add 32 jobs to the workforce which will pay an average $17 per hour with benefits. The incentive was approved Thursday by the Kentucky Economic Development Finance Authority board.
NEWS
By STEPHANIE MOJICA and smojica@amnews.com | April 10, 2013
If Corning Inc. does not bring 40 new jobs to Boyle County by July, the company will be required to remit the lost payroll tax revenue as well as pay a modest penalty. During its meeting Tuesday, Boyle Fiscal Court unanimously approved a $187,500 remediation and redevelopment incentive for the company. Corning also is receiving $312,500 from Danville City Commission as well as $7 million in state incentives. Boyle Judge-Executive Harold McKinney said the city and county incentives will be repaid through payroll tax revenues.
NEWS
By Kendall Sparks | April 4, 2013
The Kentucky Economic Development Finance Authority board approved tax incentives today for companies across the state, including one in Clark County. J&T Munitions of Winchester was approved for $200,000 to expand its manufacturing of firearm parts and accessories. This will add 15 to 20 jobs that will pay, on average, $15 per hour with benefits, according to published reports. The expansion for the company is estimated to cost $3.62 million. Todd Denham, executive director of the Winchester-Clark County Industrial Development Authority, said that by working together with the community and the state, the tax incentive was approved for their need to expand, create jobs, and to further their success.
NEWS
By Kendall Sparks | March 14, 2013
The battle for raises for the road department continues in Clark County Fiscal Court. In previous meetings, Road Department Supervisor Kevin Wilson told the court that workers in his department should be given raises. On the agenda for the court's meeting Wednesday, a firefighter and a deputy jailer were granted status changes and pay raises while Wilson's workers remain at their beginning salaries. During the Fiscal Court's Feb. 27 meeting, Wilson said the Road Department has had more personnel turnover in the past year - which includes the loss of four employees - than he has had in the past six years combined.
NEWS
By Katie Perkowski and The Winchester Sun | March 29, 2012
The Kentucky Economic Development Finance Authority approved a proposal Thursday that would give $10.25 million in Kentucky business incentives to a subsidiary of Amazon.com, should it choose to open a $20-million customer support center in Winchester. To receive the full tax credit from the state, the company, AMZN.wacs Inc, would have to create 550 full-time jobs and 600 part-time and seasonal jobs, said Todd Denham, executive director of the Winchester-Clark County Industrial Authority.
NEWS
Bob Damron and State representative | February 8, 2012
The state House of Representatives voted last week to extend by one week this year's campaign-filing deadline for Kentucky's six congressional seats as work continued to resolve a House-Senate impasse on a plan to redraw those electoral districts. House Bill 2, as amended and enacted, contained no actual congressional redistricting plan, and only extended this year's filing deadline from Jan. 31 to Feb. 7 for congressional races. With the help of U.S. Rep. Hal Rogers, U.S. Rep. Brett Guthrie, and U.S. Rep. Ben Chandler, the House and Senate worked out a compromise (HB 302)
NEWS
By Mike Moore and mmoore@jessaminejournal.com | December 29, 2011
SMC, LLC, located at 400 Enterprise Drive, received a tax incentive for $1.5 million from the Kentucky Economic Development Finance Authority, Jessamine County Economic Authority Director Wayne Foster said. SMC, which purchased Custom Wiring last spring, manufactures circuit boards for the electronic industry. Foster said it will be affiliated with Custom Wiring and will operate out of the same building of more than 22,000 square feet. “They're up and running,” Foster said during a phone interview last week.