| ||||||||||
 
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... 
|
Chapin International Inc. to locate in Rockcastle Co. Compressed air sprayer manufacturer plans to begin operation by end of 2020 By Crystal Staley/Jack Mazurak Frankfort, KY - Chapin International Inc., a manufacturer of metal compressed air sprayers, plans to locate a production operation in Mount Vernon with a nearly $5.5 million investment creating up to 100 full-time jobs in the coming years, Gov. Andy Beshear announced today. To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) recently preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1 million in tax incentives based on the company's investment of $5.495 million and annual targets of:
Additionally, KEDFA approved Chapin for up to $100,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing. Chapin also can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. "This is another example of people coming together to build a better Kentucky and create an even stronger economy," Gov. Beshear said. "This project came together incredibly quickly, and I want to thank everyone, including our state and local economic development teams, who quickly worked to meet Chapin's needs in such a short period of time and bring these jobs to Rockcastle County. We welcome Chapin International to Kentucky." Chapin plans to relocate segments of existing operations in New York and Ohio to the 175,000-square-foot former Eagle Manufacturing facility in the Rockcastle Business Park. The new plant will produce and distribute metal compressed air sprayers for a variety of uses, including industrial concrete sprayers, professional landscaper/contractor backpack sprayers, ATV sprayers and specialty hose-end and handheld sprayers. The new location will position the company to better serve customers throughout North America. This story was posted on 2020-09-29 11:29:24
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Virtual Concert to raise Organ Donor Registration Awareness Outdoor Revival at Kelleyville Community Church Partly sunny today, high 65F 7-County Area Courts for Tue 29 Sep 2020 LCDHD COVID-19 Public Information Brief 9/27/2020 KY artist Sue Burkett exhibit at Center for Rural Development Governor's Monday update: 5k cases last week Fiscal Court Meeting, Tue 29 Sept 2020 KY DFI takes legal action against investment fraud scheme Wildfire Hazard Season begins October 1 View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
 Provided by the Adair Co Fiscal Court and the Adair Co. Emergency Mgt. Agency 
|
||||||||
|
| ||||||||||
|
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
|
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
| ||||||||||
