Transport Logistics International Inc Invests More Than $2.2 Million In New Ballard County, Kentucky, Center
08/15/2013
The company manages cylinder transports, both domestically and internationally, and provides engineering services and professional support for packaging and transportation of radioactive material and related products for both commercial and research purposes, as well as for spent fuel transportation for U.S. and foreign research reactors.
Daren Condrey and Mark Lambert, co-presidents and managing partners of Daher-TLI, said that the company was excited about the new project in Ballard County and was looking forward to expanding operations and working closely with the community. Daher-TLI plans to begin hiring for the new facility in mid-October.
“Daher-TLI is a perfect fit for Kentucky and Ballard County, especially with all the logistical advantages that area offers, including the river and a strategic location within the country,” said Gov. Steve Beshear. “We are excited about the 20 new jobs and $2.2 million in investment TLI is bringing to the Commonwealth.”
As an incentive to encourage the investment and job creation in Ballard County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $350,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“More good news for Ballard County,” said Ballard County Judge-Executive Vickie Viniard. “Ballard County has many resources and opportunities for companies to locate in our great county. I would like to thank Daher-TLI for choosing Ballard County for their company. I would also like to thank the fiscal court, the Ballard County Industrial Board, and the Cabinet for Economic Development for all their support and efforts in creating jobs in our county.”
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025