Stanley Black & Decker, Pilkington among expanding companies

Date: 3 October 2011
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:

600450 Stanley Black & Decker, Pilkington among expanding companies

See more news about:

Others also read

Pilkington United Kingdom Limited, part of the NSG Group, has launched Pilkington Optimirror™ Protect Plus, a new safety mirror that provides enhanced safety capability without the need for secondary processing.
Topglass has completed works on project Bon Secours for Nautic.
The Charnock Bradley Building is the centrepiece of the University of Edinburgh’s expanding Easter Bush Campus eight miles south of the city.
A bright future is ahead for glass, thanks to a serious focus on innovation, the environment, and sustainability, the industry’s annual prestige awards ceremony at the Millennium Gallery in Sheffield heard. (Thurs 22 November).
When the City of Tulsa set out to renovate its 50-year-old Central Library building – one of its best-loved landmarks – it wanted to bring it up to date in every respect, aesthetically, energy-performance-wise and in terms of the visitor experience it offers.
To create a new future of glass, NSG Group looks forward to working with you for the next 100 years.

From industry

Add new comment