Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

JQOL Global Plans Louisville, Kentucky, Production Operations

06/19/2024
JQOL Global, a full-service civil engineering firm, plans to establish operations in Louisville, Kentucky. The $6.4 million project is expected to create 113 jobs.

The 5,000-square-foot production facility will be located at 501 Baxter Avenue.

“On behalf of JQOL Inc., we extend our heartfelt gratitude to the city of Louisville and the state of Kentucky for their invaluable assistance and incentives,” said Jarvis Jointer, president of JQOL Global. “Your support has been instrumental in making our new location a reality, and we look forward to contributing to the growth and prosperity of this vibrant community.”.

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2 million in tax incentives based on the company’s investment of $6.4 million and annual targets of: creation and maintenance of 113 Kentucky-resident, full-time jobs across 10 years; and paying an average hourly wage of $59.15 including benefits across those jobs..

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..

“When a company locates a new operation in Kentucky, its leaders are choosing to trust and believe in our state’s unique resources, skilled workforce and business-friendly environment,” noted Governor Andy Beshear. “JQOL is yet another quality company bringing its services and well-paying job opportunities to the commonwealth. I want to thank the company’s leadership and look forward to their success in Louisville.”.

In addition, JQOL 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.

“Louisville is thrilled to welcome JQOL Global to our city, along with the 113 new, good-paying jobs the company is creating for our people. This investment underscores our city’s successful business environment and the talented future leaders emerging from the University of Louisville’s J.B. Speed School of Engineering. We welcome JQOL as they join a growing list of businesses investing in Louisville’s bright future," added Mayor Craig Greenberg.

JQOL Global is a certified Minority Business Enterprise (MBE/DBE) offering a wide range of engineering services, including site, structural and transportation as well as surveying and construction administration.

Exclusive Research