ADP LLC Expands Operations In Jeffersontown, Kentucky
“It’s always exciting to see a local company succeed,” said Governor Steve Beshear. “It’s even more exciting to see that company grow and create more jobs. ADP has been a tremendous asset for Louisville and the Jeffersontown community, and I welcome the jobs being created with this project.”
Currently ADP operates multiple facilities in Jefferson County and wants to consolidate those operations to better support its clients. The company considered multiple real estate scenarios, including construction of a custom building outside Kentucky, but ultimately chose to recommit to Louisville, the Governor’s Office said.
“We are extremely excited about the opportunity to expand our operations and presence in Kentucky,” said Scott Duffy, Vice President of Client Services for ADP’s Retirement Services Division. “There are inherent advantages in joining the various business units at the Jeffersontown facility. Most especially, the resulting synergies will not only create a higher level of client satisfaction, but enable our employees to learn more and develop topical expertise about the various business lines and service offerings. I, along with ADP, would like to express sincere thanks to the Kentucky Cabinet for Economic Development, the city of Louisville and the city of Jeffersontown. Their significant contributions helped bring this project to fruition.”
To encourage the investment and job growth in Jefferson County, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $700,000 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.
KEDFA also approved the company for tax incentives up to $160,000 through the Kentucky Enterprise Initiative Act. The program allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
“ADP provides the latest technology to its clients all over the world and is a great corporate citizen,” said Louisville Mayor Greg Fischer. “Their willingness to develop their employees through training has resulted in great growth, and we are thankful for their commitment and continued investment in Jeffersontown and our entire city.”
“All of these jobs could have relocated anywhere, and we felt warranted in offering a local inducement through our JOBS (Jeffersontown Occupation Business Savings) Program,” said Jeffersontown Mayor Bill Dieruf. “Not only were we able to assist in keeping and growing jobs in Jeffersontown, we were able to be a key factor in keeping these jobs in Louisville Metro and the Commonwealth.”
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