Bekaert to add equipment, jobs at Ky. site

McNulty, Mike
March 2010
Rubber & Plastics News;3/22/2010, Vol. 39 Issue 17, p6
Trade Publication
The article reports that Bekaert Corp. will expand its Shelbyville, Kentucky plant with the addition of a hot-dip galvanizing line to further solidify its base in parts of the U.S. and Canada. The economic development authority recently gave its preliminary approval on tax incentives of up to 200,000 dollars for Bekaert through the Kentucky Business Investment program. In addition, the Bluegrass State Skills Corp. has also approved a grant-in-aid package over a five-year period.


Related Articles

  • Preparing for the Long haul. Daniels, Jack // CMA Management;Aug/Sep2005, Vol. 79 Issue 5, p53 

    The article presents various tips for establishing a company in China. Many companies move to China to take advantage of lower manufacturing costs, proximity to transplanted customers and tax incentives. While these are important factors in the equation, the ultimate goal must be to serve the...

  • FW may vie for `empowerment' zone program. Willis, Belinda // Business Press;05/29/98, Vol. 11 Issue 5, p3 

    Focuses on the competition among economically distressed areas in Fort Worth, Texas for $33 million in tax incentives and $100 million in grants for federal empowerment zones. Holding of a city council meeting on the issue in June 1998; Chances for Fort Worth to receive designation according to...

  • Doing it for New Zealand. Walters, Bob // NZ Business;Feb2007, Vol. 21 Issue 1, p59 

    The author contemplates on the Export Year 2007 scheme and its importance for the economy and standard of living in New Zealand. The additional 33 million dollars fund added to the market development assistance scheme will help exporters develop their export markets faster. He thinks that the...

  • investment allowances, investment incentives.  // International Dictionary of Finance, 4th Edition;2003, p144 

    A definition of the terms, "investment allowances or investment incentives," is presented. They refer to the government assistance designed to encourage firms to invest in physical assets in particular industries. The investment incentives may be in the form of cash payments, capital allowances...

  • Complex processes underlie area's economic decisions. Armbrister, Molly // Northern Colorado Business Report;5/3/2013, Vol. 18 Issue 17, p31 

    The article focuses on the importance of economic decision of a state or district or country for the attraction and retention of companies for economic growth of the area. It mentions that landuse and planning decisions are important for economic growth. It gives the example of Fort Collins,...

  • DISPLACEMENT EFFECTS OF FEDERAL HIGHWAY GRANTS. Meyers, Harry G. // National Tax Journal;Jun87, Vol. 40 Issue 2, p221 

    The study assesses the degree to which Federal highway grants to States are shifted to other uses. It focuses on the Federal aid system of primary, secondary and urban roads, currently assisted with 3:1 matching grants. A bout 63 cents out of each new Federal dollar displace State ownsource...

  • Stimulus Package Removes Cap On Residential Solar Thermal.  // Plumbing & Mechanical;Mar2009, Vol. 27 Issue 1, p4 

    The article reports that the $800 billion economic stimulus package signed by the U.S. President Barack Obama includes a bigger tax break for residential solar hot water installations by removing the cap on it. A tax credit on up to 30% of the cost of a solar hot water system installation was...

  • The Economic Effects of State and Local Business Incentives. Baum, Donald N. // Land Economics;Nov87, Vol. 63 Issue 4, p348 

    The analysis of locally financed subsidies is structured as follows: In Section 2 McGuire's model is presented and then used to analyze the effects of local subsidies in one community and the effects of local subsidies in many communities. In Section 3, various types of government failure which...

  • ESD's Mullen explains benefits of Excelsior Program. Kahn, Kathy // Westchester County Business Journal;7/26/2010, Vol. 49 Issue 30, p10 

    The article offers information on the benefits of the Empire State Development Corp.'s Excelsior Program on businesses under the Empire Zone plan in the U.S. It reports that the Excelsior Program which provides tax incentives for jobs when they are established, will be the state's way of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics