V-Soft Consulting Group Expands Its Jefferson County, Kentucky, Operations Center
09/18/2014
According to Governor Steve Beshear’s Office, the company is looking to expand its headquarters to increase its sales force and have a centralized location for additional technical personnel. With the growth of cloud-based technologies, the company says the Louisville facility on Stanley Gault Parkway can serve clients outside the state.
“This is a huge opportunity for V-Soft Consulting and its future business partners, but it’s an even bigger prospect for the community,” said V-Soft President Purna Veer. “We are looking forward to hiring more of Kentucky’s finest business professionals as well as having more opportunities to give back to our community.”
“We are getting a lot of traction with our newest business cluster, business services, and are seeing more growth in this sector by companies considering Louisville as a place to do business,” said Mayor Greg Fischer. “V-Soft’s expansion demonstrates Louisville’s great business environment, with its addition of high-wage jobs for our community.”
“Even more than the impact of 25 jobs, V-Soft is a company that helps make other companies better, and that benefit will mean even greater things down the road for Louisville and the Commonwealth,” said Governor Steve Beshear. “I’m pleased that V-Soft has chosen Kentucky to serve its clients around the world.”
An IT staffing and IT business solutions firm with employees across the U.S. and India, the company focuses on IT professional staffing and recruitment, custom application development and software implementations. V-Soft Consulting currently employs 55 professionals in Kentucky.
As an incentive to encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $200,000 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.
Project Announcements
Finland-Based ADMARES Plans Waycross, Georgia, U.S. Manufacturing Plant
06/01/2023
Toyota Plans Georgetown, Kentucky, Electric Vehicle Operations
06/01/2023
Ranger Design Establishes North Charleston, South Carolina, Operations
05/31/2023
Austrian-Based Kronospan Expands Oxford, Alabama, Operations
05/30/2023
TiiCKER Expands Grand Rapids, Michigan, Operations
05/30/2023
Hanon Systems Establishes Bulloch County, Georgia, Operations
05/26/2023
Most Read
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023