Expansion of Worldcolor in Simpson County, KY
The company, which currently employs approximately 425 people at its 460,000-square-foot Franklin facility, is planning to expand by another 105,000 square feet. Worldcolor will add binding machines and upgrade selected presses to position the site for a significant increase in customer print volume to service magazine and catalog customers.
The Kentucky Economic Development Finance Authority preliminarily approved Worldcolor for tax incentives up to $1.95 million through the Kentucky Business Investment program. The incentive can be earned over a 10-year period through corporate income tax credits and wage assessments.
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