CORBIN KENTUCKY ECONOMIC DEVELOPMENT TENNESSEE OHIO

BEST CITIES FOR BUSINESS EXPANSION AND BEST CITIES FOR BUSINESS EXPANSION

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ECONOMIC DEVELOPMENT

 

LONDON, KY OFFICE OF ECONOMIC DEVELOPMENT

 

CINCINNATI OFFICE OF ECONOMIC DEVELOPMENT

 

CINCINNATI BUSINESS

 

LEXINGTON OFFICE OF ECONOMIC DEVELOPMENT

 

LEXINGTON BUSINESS

 

COMMERCE

 

CHAMBER OF COMMERCE

 

BUSINESS EXPANSION

BUSINESS EXPANSION

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BUSINESS EXPANSION

LOW BUSINESS COSTS

LOW BUSINESS COSTS

 

TECHNOLOGY

 

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BUSINESS INCENTIVES

CINCINNATI LEXINGTON LOUISVILLE LONDON SOMERSET BOWLING GREEN KNOXVILLE NASHVILLE CHATTANOOGA INDIANAPOLIS CHICAGO DETROIT COLUMBUS DAYTON ST. LOUIS MEMPHIS JACKSON ECONOMIC DEVELOPMENT

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WHY IS CORBIN THE BEST CHOICE FOR

NEW OR EXPANDING BUSINESSES?

 

 

Southeastern Kentucky offers qualifying companies numerous financial packages to help ease the cost burdens incurred with business expansions and start-ups. Corbin's business costs are also among the lowest in the nation, aided by low energy, real estate and employment costs. Add to the mix our outstanding location and high quality of life, and you have the ideal location for your business - Corbin, Kentucky. 

 

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GENEROUS FINANCIAL INCENTIVES

To help your new or expanding business, Southeastern Kentucky offers some of the strongest financial incentive programs available in the United States. Millions of dollars are budgeted annually and awarded to qualifying companies in the form of state and local tax credits, job assessment fees, training grants and other incentives to help develop long-term relationships between solid, well-run organizations and Southeastern Kentucky.

 

Incentives include:

Major State & Local Tax Credits Such As:

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Kentucky Rural Economic Development Act  (KREDA)

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Kentucky Industrial Development Act (KIDA)

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Kentucky Investment Fund Act (KIFA)

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Local Government Economic Development Fund  (LGEDF)

Training Grants/Kentucky Jobs Development Act, C-TRAIN & Bluegrass State Training

Real Estate Tax Reduction

Kentucky Offers the 4th Lowest Overall Business Costs in the U.S.

Corbin Area Community Alliance

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ONE OF THE TOP GEOGRAPHICAL LOCATIONS IN THE U.S.

 

The ability to service your customers in a cost efficient and timely manner is critical to the success of any manufacturer or supplier. Located on Interstate-75, Corbin is in the central most region of the Eastern U.S., one of the most desirable locations for manufacturers in the country.

 

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Close proximity to the majority of U.S. population, personal income, retail sales & manufacturing employment

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Located on U.S. Interstate-75, and a very short distance to many other major U.S. Interstate Highways & Business Markets

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Access to two major airports as well as the local London-Corbin Airport

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Available CSX Rail transportation and service

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EXTREMELY COMPETITIVE UTILITY COSTS

Those who still think of Kentucky as home only to the Kentucky Derby, bourbon and bluegrass may be in for a jolt: For Five consecutive years, Kentucky has enjoyed the lowest industrial electric costs in the entire United States, according to the U.S. Energy Information Administration. Recently, Kentucky’s average industrial rate for electricity per kilowatt-hour was 3.4 cents, 35 percent below the U.S. average of 5.27 cents per kwh.
 

Natural Gas costs in Kentucky are also extremely competitive vs. the remainder of the U.S., with availability from thirty-five gas distribution companies, thirty-four intrastate pipeline gas companies and 160 municipal, college, or housing authority providers.

 

An extensive surface water network of rivers, streams, and lakes, complemented by ground water supplies that are very pronounced in certain regions of the state, guarantee an ample supply of water for industrial and commercial use. Treated water is distributed in Kentucky communities by sixteen investor owned water companies, twenty-two water associations, one hundred thirty-one water districts, and eighty-four municipal water utilities.

 

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WELL EDUCATED AND HIGHLY SKILLED WORKFORCE

Another key to a successful organization is a solid workforce. With Corbin's Top 10 state ranked public schools, more than a dozen Universities and Colleges within 100 miles, and over 20 Technical schools within 60 miles, your company will inherit productive employees who are well educated and highly skilled.

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OUTSTANDING COMMUNITY, HIGH QUALITY OF LIFE

 

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Corbin Schools Consistently Ranked Among the Top 10% in the State

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Over 40 Colleges & Technical Schools Within 100 Miles

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Award-Winning Medical Facility

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Within 20 Minutes of Major National Parks and Recreation Areas

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Motivated, Productive and Well-Trained Workforce

 

 

 

 

 
   
 

 

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