NEWARK, N.J., March 1, 2011 /PRNewswire/ -- BioNeutral Group, Inc. (OTC Bulletin Board: BONU), a specialty life science technology- based company, today announced that its wholly-owned subsidiary, BioNeutral Services, Inc., has been approved by the Kentucky Economic Development Finance Authority (KEDFA) to receive up to $280,000 in development incentives for up to 10 years. At a February 24 meeting, six companies, including BioNeutral Services, Inc., were approved for economic development incentives by the KEDFA. Collectively, the six projects are expected to create 362 new jobs, nearly $12 million in new annual payroll and $40 million in new investment.
BOWLING GREEN, KY. -- A state panel has approved tax incentives for a possible expansion at the General Motors assembly plant in Bowling Green. The Kentucky Economic Development Finance Authority approved $7.5 million in tax breaks if the plant, which makes Corvettes, goes forward with the $131 million project.
A southern Kentucky company that plans to start making cigarettes has won preliminary approval for $750,000 in tax credits from the state, which already spends more than $1.2 billion a year treating sick smokers. Tantus Tobacco, which has been importing cigarettes, will begin making and selling them under the Berley brand in about a month. The Kentucky Economic Development Finance Authority gave preliminary approval for the tax credits.
... the 'BBB+' rating on the following Kentucky Economic Development Finance Authority bonds issue...
Cash Creek Generation LLC could earn up to $150 million in state tax incentives if it builds a nearly $2 billion coal-fueled power plant in eastern Henderson County. The exact amount of the incentive package? would be negotiated between Cash Creek and the Kentucky Economic Development Finance Authority, a state agency that gave preliminary approval to the package Thursday.
FRANKFORT, Ky. - The state has approved up to $66 million in tax incentives over the next decade for Ford Motor Co., which operates two assembly plants in Louisville. The Kentucky Economic Development Finance Authority approved the incentives at a meeting on Thursday.
Kevin Nolan, vice president of global technology for GE's Consumer and Industrial Division, says the hybrid product augments the standard electrical resistance heating in existing water heaters by adding a heat pump, in essence creating a reverse-refrigeration technique that pulls heat from the air surrounding the unit and "moves" it into the water. The willingness to forge ahead with untapped James Bondish engineering feats (such as monitors that can read the vibrations in underground gas pipelines to determine the amount of gas being moved through them and using infrared cameras to track oil supply in one of the largest oil hubs in Texas) is what catapulted O'Leary from entrepreneur to CEO and eventually attracted the British Company DMG Information to purchase Genscape in April 2006...
... themselves for prosperity when the economic pendulum swings back toward significant growth cyc...In four years of development, the Appliance Park research team developed three ... well be one of its key contributors in Kentucky, where waterways are abundant and their currents s... by the Kentucky Economic Development Finance Authority. The merged company has taken the name R...
A Kentucky-based company, which provides payment services for more than 700 companies, will develop a call center that will employ nearly 200 people at Madisonville. Fort Knox National Co. of Elizabethtown received preliminary approval last week from the Kentucky Economic Development Finance Authority for $2.2 million in state tax credits over 10 years to renovate the 10,125- square-foot former U.S. Postal Encoder Center in the city's industrial park located off U.S. 41A.
FRANKFORT, Ky. - A group of investigators looking to build a replica of Noah's Ark as part of a proposed $172 million theme park cleared its first bureaucratic hurdle on Monday. The Kentucky Tourism Development Finance Authority granted preliminary approval for state tax incentives for the project. An economic analysis must be done before being considered for final approval.
...'s converting facility in Harrodsburg, Kentucky, with construction scheduled to begin this summer ... $7 million from the Kentucky Economic Development Finance Authority. The company expects...
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