Raytheon Hiring As Part Of Louisville Facility Expansion
03/25/2010
The missile and weapon manufacturer, which has operated in Louisville since 1996, currently employs 335 full-time workers. The company plans to lease an additional 25,000 square feet at its existing 327,000 square-foot facility to increase its production rate of retrofitting and modifying weapon systems for the U.S. Army and Navy.
"We are very excited to be able to hire new employees for well-paying jobs," said Ed Givan, general manager for Raytheon's Louisville facility, in a press release. "It's good for Raytheon, it's good for Louisville and Kentucky, and most importantly it's good for the people we hire."
The Kentucky Economic Development Finance Authority preliminarily approved Raytheon Missile Systems for tax incentives up to $500,000 through the Kentucky Business Investment program. The incentive can be earned over a 10-year period through corporate income tax credits and wage assessments. The maximum annual approved amount to be earned by Raytheon Missile Systems is $50,000.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024