Software and IT services provider United Systems and Software Inc. broke ground on a new $5.3 million headquarters in Marshall County, Kentucky. The project is expected to create 50 full-time jobs.
United is building includes a 20,000-square-foot operations center and headquarters in Benton’s Southwest One Industrial Park. Company leaders expect the move to help increase production, bolster United’s services and fuel further growth. Officials anticipate completion by May 2020. In addition to the new facility, United’s investment will include new office and electronic equipment.
United currently employs 46, and has operated in Marshall County since 1977. The company specializes in software development, IT services for utilities and local government, and managed services for small to medium businesses. Its portfolio of services enables utilities and local government to safely and effectively deliver critical services to consumers across 13 states.
“We’re looking forward to relocating to our new offices in Southwest One Industrial Park during this exciting time,” said Scott Waldrop, President of United Systems. “As we continue our growth, the new facility will enable us to accommodate our current and future expansion."
In September 2018, United announced its plans to relocate from its current Benton office on Ash Street to Southwest One, making it the nascent industrial park’s first tenant. The company is expanding in Marshall County thanks to steady growth and its release of new software expected to drive further growth.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in September 2018 preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1 million in tax incentives based on the company’s investment of $5.3 million and annual targets of creation and maintenance of 50 Kentucky-resident, full-time jobs across 10 years.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, United can receive resources from the Kentucky Skills Network.
“Today’s groundbreaking is a testament to the strong economic growth resulting from Kentucky’s business-friendly practices,” Governor Matt Bevin said. “This marks an exciting next step toward United Systems and Software’s commitment to create high-quality, good-paying jobs in West Kentucky. We congratulate the company on this milestone and look forward to future successes.”