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Kentucky Cabinet for Economic Development Representatives Visit Russell County

Kentucky Cabinet for Economic Development Representatives Visit Russell County

 

Morgan Pierstorff, Executive Director, European Representative Office and Evelyn Simmler, Business Development & Research Manager, European Representative Office of the Kentucky Cabinet for Economic Development met with members of the RCIDA on Wednesday to discuss opportunities and ideas to expose Russell County to more potential businesses in Europe. Both have experience and connections with the European business community, especially in Germany.  

Board members Tom Preston and Scott Pierce along with Executive Director Bennie Garland and members of the RCIDA marketing team shared the latest developments and advantages of Russell County while gaining valuable insights on marketing our region to overseas interests.

After viewing the RCIDA's marketing video, discussing the strengths and potential of Russell County, and touring the county's industrial sites, both Pierstoff and Simmler agreed that the county should be an attractive site, especially with currently holding the state's only Food and Beverage shovel-ready certification. The Cabinet for Economic Development is tasked with marketing all regions of Kentucky to industrial interests, but being able to highlight our local advantages face-to-face with these officials keeps Russell County top of mind. Community strengths like water capacity, gigabit Internet, available property and buildings, the technology college under construction, the low cost of living, the rural landscape, and Lake Cumberland make Russell County a desirable location.

 

Russell County's First Business and Industry Symposium Well Attended

Dave Delaney presenting at the Russell County Business and Industry Symposium

 

A wide variety of local business and industry representatives attended the county's first Business and Industry Symposium on May 14 at the Lake Cumberland State Resort Park in Russell County. Speakers representing the USDA, the Small Business Administration, The Kentucky Cabinet for Economic Development, and many more shared valuable insights and information to our business community. Google representative Dave Delaney provided an introduction and tutorial of Google's My Business tool with emphasis on how to make the most of it for search engine success.

The symposium was sponsored by East Kentucky Power and South Kentucky RECC and presented by the Russell County Chamber of Commerce and the Russell County Industrial Development Authority.

Below are a few photographs from this landmark Russell County event.

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Business & Industry Symposium to be Held May 14

Business & Industry Symposium

 

The Russell County Chamber of Commerce working in concert with the Russell County Industrial Development Authority is pleased to announce that on May 14, 2019, at 9:00 AM, CT at the Lake Cumberland State Resort Park, there will be a one-day “Business and Industry Symposium.” 

Representatives from many federal, state, and regional organizations will be on hand to reveal to Russell County businesses, industries, banking institutions, civic organizations, entrepreneurs and local governments the various programs they have to offer to enhance business startups, expansions, industrial growth, and marketing techniques. Attendees will have the opportunity to have a one-on-one dialog with our panelist of experts and to acquire a personal relationship to move forward with any future growth plans they may have. Our event will be sponsored by East Kentucky Power and South Kentucky RECC.  

This event will be a wonderful opportunity to learn first-hand that there is federal, state, and regional organizations willing to help grow and expand your interest in Russell County.

It’s FREE to attend and lunch will be provided. We kindly as you to please RSVP/register online at https://tinyurl.com/rcsymposium

Our keynote luncheon speaker will be Dave Delaney, author of New Business Networking and acclaimed keynote speaker on the topics of business networking, corporate communication, and social media marketing. His presentations are humorous, educational and engaging. Dave has provided keynote presentations for companies, conferences, and organizations like Google, LinkedIn, The UPS Store, American Marketing Association, SXSW Interactive, Hubspot Inbound Conference, HealthStream, HCA, and many more.

Eligible Small Businesses Should Apply Before Nov. 1 for Growth Incentives

Small Business Tax Credit

 

FRANKFORT, Ky. (Oct. 11, 2018) – Time is limited, but Kentucky small businesses can still claim a tax credit of up to $25,000 on their 2018 tax returns.

By submitting a complete application for the Kentucky Small Business Tax Credit program by Nov. 1, small businesses stand the best chance of receiving approval in time for their 2018 tax filings. Tax credits are available for companies that, in the past 24 months, added at least one new employee and invested $5,000 or more in qualifying equipment or technology.

The program, offered by the Kentucky Cabinet for Economic Development, encourages growth among the state’s small businesses.

“Small businesses are a vital part of the Kentucky economy, and we want to encourage every business owner in the state to take advantage of this program to capitalize on their recent growth,” said Brian Mefford, executive director of the Cabinet’s KY Innovation office. “The Kentucky Small Business Tax Credit provides a great avenue to expand employment opportunities throughout the state while also helping Kentucky companies create an additional competitive advantage.”

Qualifying small businesses may be eligible to receive a state income tax credit ranging from $3,500 to $25,000 per year. The tax credit amount varies based upon the number of jobs created and the cost of equipment purchased.

The program is available to most for-profit businesses of 50 or fewer full-time employees, including companies in the construction, manufacturing, retail, service and wholesale industries.

Last year, the program incentivized the creation of 506 private-sector jobs and nearly $4.8 million in investments by 167 small businesses. On average, each participating company hired three people and received more than $10,000 in tax savings. Since inception, the program has assisted in creating over 1,800 jobs and $18.8 million in new investments.

To learn more about the Kentucky Small Business Tax Credit program or to apply, visit www.KentuckyTaxCredit.org or contact the Kentucky Cabinet for Economic Development at 800-626-2930.

The program is among the many ways the Cabinet’s KY Innovation office encourages growth among Kentucky’s startups and small businesses. Other resources include programs that provide assistance for international trade and market development, access to credit, mentoring and advocacy. Entrepreneurs and startups also can connect with multiple resources at offices statewide. Learn more about KY Innovation here or by calling 800-626-2930.

Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky. Watch the Cabinet’s “This is My Kentucky” video on YouTube.

The Kentucky Cabinet for Economic Development is the primary state agency responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2017 totaled a state record $9.2 billion, spurring more than 17,200 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

Ground is broken for the Lake Cumberland Regional College & Workforce Center

ground breaking

On Tuesday, August 28, the ground was broken for construction of the Lake Cumberland Regional College & Workforce Center in Russell County. In attendance for the celebration were current and past Russell County school officials, students, local government representatives, area business and civic leaders as well as special guests State Senator Max Wise, and Derrick Ramsey, Secretary of the Education Workforce Development Cabinet.

The center is being constructed on the grounds of Russell County High School but will be a resource for the entire region. The center is expected to serve 2,215 high school students and 620 adults in all five primary Kentucky Workforce Investment Board sectors — advanced manufacturing, healthcare, technology, construction trades, and transportation. 

Partnerships with Lindsey Wilson College, the Kentucky Community and Technical College System, Eastern Kentucky University and Western Kentucky University will allow the center to provide associate’s to bachelor’s (or A to B) programs, where students work toward an associate’s degree in high school and enroll in an institution of higher learning to complete a four-year degree. Certification programs will also be offered, and adults will have access to programs in the evening. 

The center will also continue to foster and develop apprenticeship programs with local industries, like one that currently exists with Dr. Schneider Automotive, that offer flexible performance-based credit by allowing students to spend time during the school day receiving on-the-job training.

The Russell County Industrial Development Authority joined forces with the school district early in the project, participating in community meetings and committing financial support.

Branscum Construction is building the facility designed by Sherman Carter Barnhart Architects.

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Derrick Ramsey, Secretary of the Education Workforce Development Cabinet addressed the gathering.

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Architects rendering of the Center.

max wise

State Senator Max Wise addressed the gathering.

gathering

sign with ground breaking

Derrick Ramsey

Jamestown Municipal Water Works recognized for outstanding water quality

Wolf Creek Dam on Lake Cumberland

Our Food and Beverage Shovel-Ready Certification was possible in large part because of our high capacity water and sewer infrastructure. Not only do we have a vast water supply from Lake Cumberland, we have among the highest quality water in the state. Congratulations to Jamestown Municipal Water Works for achieving this status, one of only 13 facilities in the state to receive gold seal recognition.

FRANKFORT, Ky. (July 17, 2018) – Kentucky’s Energy and Environment Cabinet has recognized 42 surface water treatment plants in the Commonwealth for meeting the 2017 goals of Kentucky’s Area-Wide Optimization Program (AWOP).

AWOP is a multi-state initiative administered through the U.S. Environmental Protection Agency which encourages drinking water systems to voluntarily achieve optimization goals that go beyond regulatory requirements. Kentucky is one of 26  participating states. All of Kentucky’s public water systems are encouraged to participate in AWOP in order to provide the highest quality water to residents.

AWOP provides tools and approaches for drinking water systems to meet water quality optimization goals and to provide an increased and sustainable level of public health protection to consumers. The program emphasizes the optimization of turbidity removal through the drinking water treatment process. Turbidity, or cloudiness, is a measurement of particles in water including soil, algae, bacteria, viruses and other substances. AWOP  also focuses on improving the operation of existing facilities rather than implementing costly capital improvements.

“Together, these 42 drinking water treatment plants serve more than 1.1 million Kentuckians,” said Joe Uliasz, supervisor of the Division of Water’s Drinking Water Compliance and Technical Assistance Section. “These drinking water treatment plant operators deserve our recognition and appreciation for their daily efforts to exceed the requirements of the Safe Drinking Water Act.”

Two Kentucky water treatment plants received an AWOP Champion Award. This award takes into account the high level of optimization achieved, as well as the system’s overall compliance record for the previous three years. Logan Todd Regional Water Commission was awarded the 2017 Champion Award for a large drinking water treatment plant (designed to produce three million or more gallons of water a day). Leitchfield Water Works received the 2017 Champion Award for a small drinking water treatment plant (designed to treat less than three million gallons of water a day).

Thirteen AWOP drinking water systems received special recognition, with a gold seal on their certificates, for achieving the AWOP goals 100 percent of the time in 2017. These include Barbourville Water and Electric, Bullock Pen Water District, Glasgow Water Company – Plant A, Greenup Water System, Jackson County Water Association, Jamestown Municipal Water Works, Kentucky American Water Co. – Plant B, Laurel County Water District No. 2, Lawrenceburg Water and Sewer Department, Liberty Water Works, Logan Todd Regional Water Commission, McCreary County Water District – Plant B, and Rattlesnake Ridge Water District.

For additional information about AWOP visit https://www.epa.gov/dwstandardsregulations/optimization-program-drinking-water-systems or contact Jackie Logsdon at This email address is being protected from spambots. You need JavaScript enabled to view it. or 270-824-7529

RCIDA announces ‘Build-Ready’ site development

Congressman James Comer was on hand to help announce the French Valley Build-Ready site plan. 

August 8, 2018

The Russell County Industrial Development Authority announced today its Build-Ready site preparation in the French Valley Business Park. This initiative will make the park very attractive to companies looking for a large industrial site prepared and ready for construction. Build-Ready is a certification awarded by the Kentucky Cabinet of Economic Development and prominently promoted by them to companies looking to locate in Kentucky.

“Having this certification is one more tool in our belt to attract manufacturing to Russell County,” said Bennie Garland, RCIDA Executive Director. “We have recently attained Food and Beverage Shovel-Ready Certification, thanks largely to our robust wastewater treatment infrastructure and the ample water supply of Lake Cumberland. Adding a Build-Ready site has proven to be a smart investment for other communities in Kentucky who have done so, and it will increase our location status significantly.”

A Build-Ready site allows companies the opportunity to bypass much of the red tape required when establishing a new location by addressing needs and concerns before they arise. This proactive preparation of sites allows for quick decision site selection. Build-Ready certification if proof to a company that unknown obstacles have been removed, that the site due diligence has been performed and the project implementation timeline has been significantly accelerated.

With a Build-Ready site, much of the work, other than actual construction, has already been completed. That includes control of the land to be developed, archaeological, environmental and geotechnical studies performed, construction of a build pad, preliminary design work (complete with project cost and construction timeframes clearly defined), approved site plan permits and necessary infrastructure in place. On a Build-Ready site, construction can begin immediately.

“A good deal of the research necessary for obtaining a Build-Ready certification has already been completed for the Food and Beverage Shovel-Ready Certification, so it only made sense to go for the next step,” said Garland 

The Build-Ready project was awarded to MSE of Kentucky, Inc, a Lexington engineering firm that has worked on many projects in Russell County and is familiar with the French Valley Business Park. The project is expected to be completed by the end of the year.

“Build-Ready sites are a win-win for both businesses and communities because they provide a method to start operations more quickly, which, in turn, creates local jobs faster,” said Garland. “This is an exciting time for future growth and possibilities in manufacturing of the food & beverage industry as well as other manufacturing processes.”

French Valley Build Ready Pad

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About RCIDA:
The Russell County Industrial Development Authority is set up to streamline the entire process of relocation, expansion or creating a new development in Russell County, Kentucky. RCIDA can help locate available state and local incentives, efficiently channel building permits, provide statistical information, secure quality service accounts and deliver a whole range of other services. The RCIDA Board draws its members from key areas of the county's business and industrial community, with executives representing the areas of finance, public utilities, construction, development, education and business. They have a single purpose: to give your business a foundation for success in Russell County. 

Board Chairman Clint Voils participates in Kentucky Association of Manufacturers LAND Forum

The Kentucky Association of Manufacturers and the Kentucky Department of Agriculture have aligned to leverage agricultural resources of the Commonwealth with the state's robust manufacturing industry with a series of forums held across the state. These LAND (Linking Agriculture for Networking & Development) forums are intended for manufacturers, agricultural leaders, economic development professionals, local and state officials, academia, and other stakeholders.

As a life-long, second-generation farmer and someone well involved with the industrial landscape of the region, RCIDA Chairman Clint Voils was asked to participate in the June 12th forum held in London, Kentucky. Voils Farms grows corn, soybeans and wheat among other products in Russell County. Voils was part of the Agricultural Producers Panel.

The goal of these forums is to bolster existing collaboration between agriculture and manufacturing to develop and expand upon the existing supply chain for agricultural products to the manufacturing sector. 

The remaining forums in this series will be held on August 1 in Cave City, August 2 in Murray, and September 26 in Shelbyville. For more information about the forum series, visit the Kentucky Association of Manufacturers' website: http://kam.us.com/land-forums/

A Growth Environment

Russell County's residents enjoy top-quality services, a range of activities and a beautiful recreational lake.

Strong Work Ethic

Russell County's rural farming traditions provide a workforce that is loyal, trainable and dependable.

Available Sites

More than 150 acres of choice industrial sites are now available in Russell County.

Why Choose Russell?

A short distance from I-65 and I-75, Russell County provides local industries with quick access to their markets.