U.S. Bank and Pinkerton Tobacco Bring Jobs and Investment to Owensboro, Kentucky
07/02/2010
U.S. Bank Home Mortgage's Servicing Center in Owensboro will create 500 jobs and invest $14.1 million in an expansion. The company will begin hiring in spring 2011. It currently employs more than 1,100 people in Owensboro.
Pinkerton Tobacco will invest $3.7 million in its existing Owensboro facility and retain 296 jobs. The company produces smokeless tobacco under the Red Man, Timber Wolf, Longhorn, and Renegades brands.
"The reinvestment underscores our ongoing commitment to the Owensboro community and the state of Kentucky," said Richard Woodham, vice president of operations for Pinkerton. "It also supports the goal of Pinkerton Tobacco to have one of the most modern and efficient manufacturing facilities in the United States."
The Kentucky Economic Development Finance Authority has preliminary approved U.S. Bank for up to $4.37 million in tax incentives through the Kentucky Business Investment program. It has also been approved for tax benefits up to $130,000 through the Kentucky Enterprise Initiative Act.
The Finance Authority has also preliminarily approved Pinkerton for tax incentives up to $1.85 million through the Kentucky Reinvestment Act.
Project Announcements
Fluid Cooling Systems Expands Burton, Michigan, Operations
04/24/2025
Fiserv Plans Overland Park, Kansas, Operations
04/22/2025
Custom Air Handling Solutions Expands Burton, Michigan, Manufacturing Operations
04/22/2025
AgriAmerica Fruit Products Expands Chautauqua County, New York, Operations
04/22/2025
The Hershey Company Expands Dauphin, Pennsylvania, Operations
04/21/2025
Delta Star Expands Lynchburg, Virginia, Manufacturing Operations
04/21/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025