WKYT FirstAlert Weather
FRANKFORT, Ky. (AP) - A luxury home appliance manufacturer has announced plans to locate a new factory in Richmond. The company reports it will create an estimated 100 new, full-time jobs and invest $35.5 million in the commonwealth.
Governor Fletcher and Economic Development Cabinet Secretary John Hindman have welcomed Sub-Zero Wolf Incorporated to Kentucky.
The company plans to acquire 45 acres for its 200,000 square-foot facility in Madison County. Madison County Judge-Executive Kent Clark says the company will locate in the Richmond Industrial Park South.
The Kentucky Economic Development Finance Authority preliminarily approved Sub-Zero Wolf for tax benefits up to $1.5 million under the Kentucky Industrial Development Act, an incentive program designed to attract and expand manufacturing employment in the state.
(Copyright 2007 by The Associated Press. All Rights Reserved.)
Current Conditions
Weather for Lexington, Kentucky
Opinion
Most Commented
powered by Disqus
Enter your number for a chance to win great prizes! Message and data rates may apply 
|
