Infinity Design & Construction Expands LaGrange, Kentucky, Operations
10/14/2024
The investment will include a new 43,850-square-foot facility on 7.5 acres in Langley. The company currently operates a fabrications facility in LaGrange.
“Infinity Design & Construction Group has had the privilege of working closely with LU 248 Business Manager Ben Collier over the past two years, achieving significant success together,” said Infinity Executive Keith McKinney. “We extend our sincere gratitude to Kentucky State Representative Ashley Tackett Laferty and her team, Bob Burgess and Brett Traver with Southeast Kentucky Economic Development, Colby Kirk with One East Kentucky, Amanda Clark with Kentucky Power, Floyd County Judge Executive Robbie Williams and Kristina Slattery and Brittney Petty with the Department for Business Development at the Kentucky Cabinet for Economic Development, for their unwavering support. Throughout this collaboration, we have been continually impressed by the exceptional work ethic of the Eastern Kentucky workforce. Given the growth in our pipe fabrication segment, expanding into Eastern Kentucky is a natural progression for our team, and we are excited about broadening our operations in this region.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1.25 million in tax incentives based on the company’s investment of $1.75 million and annual targets of: creation and maintenance of 36 Kentucky-resident, full-time jobs across 15 years; and paying an average hourly wage of $66.65 including benefits across those jobs.
“Infinity is a great example of a company fully committed to serving its community and the commonwealth,” noted Governor Andy Beshear. “Kentucky is experiencing a period of economic development growth because companies like Infinity continue to believe in our workforce and resources. I want to thank the company’s leadership and am excited to see this expansion into Floyd County bring even greater success.”
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, Infinity can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
Infinity Design & Construction offers solutions in 3D laser scanning, engineering and design, piping fabrication, field installation, plumbing, and MEP coordination.
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