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Area Development - Site Selection, Facility Planning and Workforce Development

Caza Innovations Plans Bowling Green, Kentucky, Headquarters Operations

09/08/2025
Caza Innovations, a research and technology firm specializing in commercial applications of advanced materials, biotechnology and data systems, plans to establish operations in Bowling Green, Kentucky. The $270,000 project is expected to create 15 jobs.

The investment will include the relocation of the company’s corporate headquarters which will allow for a strategic partnership with Western Kentucky University, focusing on research, product development, commercialization initiatives and interdisciplinary student engagement.

“Caza is excited to put down roots in Bowling Green and collaborate with WKU’s world-class researchers and students,” said Dr. Kent Murphy, CEO of Caza Innovations. “We see enormous potential to unlock regional talent, accelerate product development and help shape the next generation of research-driven entrepreneurship.”

To support the project the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $100,000 in tax incentives based on the company’s investment of $267,900 and annual targets of: creation and maintenance of 15 Kentucky-resident, full-time jobs across 15 years; and paying an average hourly wage of $64.90, including benefits, across those jobs.

“The continued growth of our technology industry through expansion and relocation projects is creating high-wage job opportunities for Kentuckians across the state,” noted Governor Andy Beshear. “This project is a great example of what collaboration and strategic partnerships can create here in the commonwealth. I want to thank both Caza Innovations’ leaders for choosing us for their New Kentucky Home and Western Kentucky University for its forward-thinking commitment to their students.”

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. In addition, Caza Innovations 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.

“Caza Innovations’ relocation and partnership with WKU elevate Bowling Green’s profile as a magnet for innovation-driven enterprises,” added Ron Bunch, President and CEO of the Bowling Green Area Chamber of Commerce. “This is the kind of strategic alignment that transforms regions—not just by creating jobs, but by deepening our research capacity, entrepreneurial infrastructure and competitive edge.”

Caza Innovations’ portfolio includes artificial intelligence, health care and pharmaceuticals, alternative energy, telecommunications and data processing and emerging technologies, among others.

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