Learn more about relocating or expanding to Kentucky

Kentucky business climate, manufacturer incentives, and advantages of KY communities

Relocate or Expand to Kentucky - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Kentucky business climate, manufacturer incentives, and advantages of KY communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Kentucky Business Data*

Kentucky

Population: 4,339,367
Total Labor Force: 2,045,700
Unemployment Rate: 7.7%
Number of Manufacturers: 4,865
Manufacturing Jobs: 274,181
Right to Work: No
Unemp. Ins. Tax: 1.010.0%
 
Corporate Income Tax:
Graduated: 4% on 1st $50,000; 5% on next $50,000; 6% on taxable income over $100,000.

Sales Tax:
6%

Property Tax:
Levied on the fair cash value of all real and tangible property. All classes of property, unless exempted by the Constitution, are taxed by the state, although at widely varying rates.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
16% Transportation equipment
12% Food and kindred products
11% Industrial machinery and equipment
8% Fabricated metal products
7% Rubber and miscellaneous plastic products

Largest Manufacturing Establishments:
(by number of employees)
Toyota Motor Mfg., Kentucky, Inc. (Georgetown) - 6,600
Lexmark International, Inc. (Lexington) - 5,000
GE Appliances (Louisville) - 5,000
Ford Motor Co., Louisville Assembly Plt. (Louisville) - 4,500
Ford Motor Co., Kentucky Truck Plt. (Louisville) - 3,000
 
Counties with the Most Manufacturing Jobs:
Jefferson - 63,921
Fayette - 22,223
Boone - 18,661
Warren - 11,118
Scott - 9,481

Cities with the Most Manufacturing Jobs:
Louisville - 63,163
Lexington - 22,223
Florence - 11,552
Bowling Green - 10,950
Georgetown - 9,430

Manufacturing Related Business Incentives:
Kentucky Business Investment (KBI) Program
Kentucky Enterprise Initiative Act (KEIA)
Direct Loan Program (KEDFA)
Industrial Revenue Bonds (IRBs)
Community Development Block Grants (CDBG) Loans
Kentucky Reinvestment Act (KRA)
Kentucky Industrial Revitalization Act (KIRA)
High Tech Investment Construction Pools (Forgivable loan program)
SBIR-STTR Matching Fund Program
Commonwealth Seed Capital Investments
Kentucky Enterprise Fund and Rural Innovation Fund
Kentucky New Energy Ventures Fund
Incentives for Energy Independence Act (IEIA)
Kentucky Environmental Stewardship Act (KESA)
Kentucky Small Business Investment Credit (KSBIC)
Small Business Loan Program
Kentucky Microenterprise Loan Program
Bluegrass State Skills Corporation Training Investment Credit/Grant Reimbursement Program
Tax Increment Financing (TIF) Programs
Kentucky Agricultural Development Fund
Kentucky Investment Fund (KIFA)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Breckinridge Chamber Of Commerce
We want to be the most competitive county in Kentucky by being in the top 10 in every market this county competes. The Breckinridge County Chamber of Commerce will act as a catalyst & the driving spirit in the coordination, development & implementation of economic development & promotion of life in Breckinridge County as one of Kentucky's premier communities.
P.O. Box 725, Hardinsburg, KY 40143 (Map & Aerial View)
(270) 756-0268
www.breckinridgecountychamberky.com



Looking to reach Kentucky manufacturers? Access the Kentucky Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/20/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912