Stanley Black & Decker, Pilkington among expanding companies

Date: 3 October 2011
Source: http://www.kentucky.com
The Kentucky Economic Development Finance Authority board approved tax incentives for companies, including Pilkington North America and Stanley Black & Decker, that are considering new investments in the state at its monthly meeting Thursday.

The approval of tax incentives outlines the state's commitment to a project should it occur in Kentucky.

In general, when a company accepts the tax incentive, it can keep that amount of money, which it would otherwise pay in taxes, assuming it fulfills the terms of the deal. Here are selected board preliminary approvals, unless otherwise noted:

  • Pilkington North America in Versailles, $1.1 million to expand its factory that produces glass for the automotive and building markets. The company estimates the expansion will cost $55.3 million. It is expected to add 56 jobs that pay an average hourly wage of $17, including benefits. The company was also approved for an additional $100,000 in tax incentives under a different program.

Read more: www.kentucky.com/2011/09/29/1902351/stanley-black-decker-pilkington.html#ixzz1ZPmepliL

600450 Stanley Black & Decker, Pilkington among expanding companies glassonweb.com
Date: 3 October 2011
Source: http://www.kentucky.com

See more news about:

Others also read

Prism Architectural are pleased to announce the appointment by Knight Harwood to deliver the external glazing to Kings College, Wimbledon.
Allegion, plc, a leading global security products and solutions provider, has acquired Technical Glass Products (TGP) through one of its subsidiaries.
When designing a three-story restaurant overlooking the Chicago River, a client approached Solar Innovations® for a custom Folding Glass Wall.
Pilkington Spectrum, one of the industry’s most popular glass specifying tool, is now available to use on-the-go following the launch of a new smartphone app.
The W&W Glass installation utilized a Sotawall® Hybrid-Wall® unitized curtain wall system and a Pilkington Optiwhite™ Pilkington Planar™ point supported structural glass retail storefront system at the podium.
Pilkington United Kingdom Limited, part of the NSG Group, has two new patterns joining its popular Pilkington Texture Glass range.

Add new comment