SITEX Corp Plans Right to Work Kentucky Expansion

SITEX Corp is expanding soon in Henderson, Kentucky. And this expansion may not have been possible if it weren’t for the economic benefits that the Right to Work state provides. In order to complete the project, the company is investing a total of $4.5 million. This will also create 30 new jobs. So this is great news for the area!

From Area Development Magazine:

“This continued investment in our Henderson facility will create more opportunities for Henderson-area residents and support our company’s growth in Kentucky as well as our other locations.” [“¦]

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, SITEX can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

“Henderson Economic Development continues to be encouraged by our existing industries growing in our community. [“¦] We appreciate the forward-thinking of SITEX to invest in efficient equipment and add jobs in Henderson.”

AREA DEVELOPMENT MAGAZINE

To read the previous Area Development update on Right to Work states, click here.

To read more updates on Right to Work states, click here.