Kentucky is the Best Place to Do Business
Northeast Kentucky is an ideal place to locate your business. Moving your company to our region will position you to reduce expenses, expand operations, and capitalize on current market opportunities. This is because the cost of doing business is lower than it is in much of the country. Simultaneously, we have 12,000 skilled workers coming out of the coal industry who are ready to get to work and will be incredibly loyal to any company who hires them.
- Kentucky is home to thousands of skilled workers and engineers who are ready to get to work!
- Loyalty, dedication and a solid work ethic is what defines the NE Kentucky workforce. We know how to put in a good day’s work and use our efforts to move your company forward.
- There is room for development in NE Kentucky, where the land is plentiful. Plus, the cost to build or lease space is significantly less than in nearby cities.
- Financial incentives are available for start-ups and existing companies moving to the NE Kentucky region.
- Kentucky has one of the fastest permitting processes in the country. Select a new home for your business and get ready to break ground!
The state of Kentucky has also been recognized for the following:
- 3rd lowest cost of doing business in the entire U.S., according to CNBC.
- Having average wages that are typically 16% lower than the national average
- The lowest cost of electricity in the industrial sector among states east of the Mississippi River and one of the lowest in the U.S
- #2 in Automotive Manufacturing Strength – Business Facilities Magazine, 2017
- #2 Most Economic Development Projects Per Capita – Site Selection Magazine’s Governor’s Cup, 2016
- #6 in Manufacturing (Percentage of Workforce) – Business Facilities Magazine, 2017
- #6 for Infrastructure – CNBC Top States for Business 2017
- #7 Most Economic Development Projects Overall – Site Selection Magazine’s Governor’s Cup, 2016
- #10 for Cost of Living – CNBC Top States for Business 2017
- Kentucky had $27.5 billion in exports in 2014, up 9 percent from 2013, with services going to nearly 200 countries
- Kentucky is home to multiple Fortune 500 companies, over 400 international companies from 31 different nations, and thousands more domestic companies