Daher-Transport Logistics International Inc. Invests $2.2 Million In Ballard County, Kentucky, Facility
Area Development Online News Desk (12/03/2013)
Daher-Transport Logistics International Inc. opened its more than $2.2 million service facility in western Kentucky’s Ballard County, where the firm plans to create up to 20 jobs in the Commonwealth.
Daher-TLI is a leading North American transportation management company specializing in radioactive material. The company manages cylinder transports, both domestically and internationally, and provides engineering services and professional support for packaging and transportation of radioactive material and related products. The Ballard County facility offers a new service line for washing and recertifying empty cylinders for continued use or for decontamination and disposal.
“We’re excited about our new location and warm reception we’ve received from Kentucky and the local Ballard county community,” said Mark Lambert, Managing Partner of Daher-TLI. “We’ve found a skilled, dedicated and experienced workforce and strong infrastructure that can support our new facility and continued growth. We greatly appreciate the overwhelming support from the local community, businesses and contractors, who have all come together to help us succeed.”
“Daher-TLI is a perfect fit for Kentucky and Ballard County, especially with all the logistical advantages the area offers, including the river and a strategic location within the country,” said Gov. Steve Beshear. “We are excited about the 20 new jobs and $2.2 million investment the company brings to the Commonwealth.”
As an incentive to encourage the investment and job creation in Ballard County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $350,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.