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Kentucky Resources Page
Inward Investment Guides

Location Notebook: Kentucky Keeps Its Economy On Track

Steve Stackhouse-Kaelble (Q2 2014)
As states throughout the nation struggled during the recession, Kentucky quickly acted to help its economy not only recover but also grow. More

Kentucky Direct Financial Incentives 2014

 (Q1 2014)
Kentucky's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

The Southland Delivers a Solid Economic Performance

Mark Crawford (Q1 2014)
The southern states have embraced the transition from traditional to knowledge-based economies and work hard to attract new projects and the high-paying jobs that come with them. More

First Person: Foreign Investment Driving Uptick in Manufacturing Plant Construction

Stephen Gray, CEO, Gray Construction (Q1 2014)
Stephen Gray, Gray Construction CEO, comments on manufacturing’s contribution to U.S. economic growth and the factors influencing the uptick in construction of domestic plants. More

Regional Report: Beyond Automotive, the South Revs Up Growth Across Diverse Industries

Beth Mattson-Teig (Directory 2014)
A highly skilled work force and good transportation infrastructure are also drawing aerospace and other high-tech companies. More

The 2013 Gold & Silver Shovel Award Recipients in Pictures

Area Development Magazine Special Presentation (Directory 2014)
Shown here are nine of the recipients of Area Development’s 2013 Gold & Silver awards, which were bestowed in recognition of the states’ efforts to capture new facility and expansion projects that resulted in significant investment and job-creation. All told, 19 states were recognized for their efforts. More

Mega Sites Lure Big Fish

Beth Mattson-Teig (Q3 / Summer 2013)
Economic development organizations are hoping to hit a home run in attracting super-sized projects. But in order to play in the big leagues, they need to have the “mega sites” ready and waiting for those opportunities. More

Incentives Help Automakers Address Global Challenges

Area Development Online Research Desk (Q3 / Summer 2013)
Incentives offered by the state of Kentucky demonstrated to Ford that Kentucky valued reinvestment and job retention on a par with new investment and new jobs. More
News Items
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News Items
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KENTUCKY at a glance

POPULATION: 4,369,356 (2011)

LABOR FORCE: 2,067,527 (2011)


TRADITIONAL INDUSTRIES:Automotive, distribution and warehousing, food manufacturing, fabricated metals, chemicals, healthcare, distilling, equine, defense, agriculture, mining

EXPANDING INDUSTRIES: Educational services; hospitals, nursing, and residential care facilities; financial services; water transportation; mining and support activities; professional, scientific, and technical services

COLLEGE GRADUATES: (Age 25 and over) 21%

Corporate Income Tax: 4 percent of first $50,000 of taxable net income allocated to Kentucky; 5 percent on next $50,000; 6 percent on taxable income over $100,000

Corporation Franchise Tax: None

Sales and Use Tax: 6 percent of retail sales price of property sold, including utilities, that is used, consumed, distributed, or stored; 6 percent of rental charges and cost of admissions; no local sales tax

Property Tax: Real property is taxed at a state rate of $0.122 per $100 and is also taxed by local jurisdictions at varying rates; manufacturing machinery, telephone equipment, and pollution- control equipment are taxed only by the state at $0.15 per $100 assessed valuation.

New and expanding industry tax credits for manufacturing, service, and technology businesses

Reinvestment tax credits for existing manufacturers

Tax credits for environmental product manufacturing

Tax credits for new and expanding alternative fuel, gasification, and renewable energy

Skills training grants and tax credits

New and expanding industry sales and use tax refunds

Tax increment financing

Forgivable loans for high-tech investment

SBIR-STTR matching funds

Alternative fuels and renewable energy R&D tax credits

Small business and micro loan programs

Small business tax credits

Direct loans

Film tax credits

Tourism project tax credits

Principal Manufacturing industries

  • Motor Vehicles, Bodies & Trailers & Parts
  • Food
  • Fabricated Metal Products
  • Machinery
  • Plastic & Rubber Products
  • Chemicals
  • Primary Metals
  • Printing & Related Support Activities
  • Wood Products
  • Paper
  • Other Manufacturing Industries