Consultant Newsletter
May 2010
Smelter discovers 15 million reasons to invest in Northwest KY

Governor Steve Beshear was in Henderson recently to announce that Rio Tinto Alcan, which operates a large aluminum smelter in southern Henderson County, has been approved for $15 million in incentives.
The incentives are to encourage RTA to move forward with a planned $50 million reinvestment that would secure the facility for the long-term. The smelter which employs more than 500 high wage positions is arguably the most important economic engine in this region.
Most of the incentives are in the form of state corporate income tax credits made available through the new Kentucky Reinvestment Act (KRA) which the General Assembly approved last June. NWKF had strongly lobbied for this program for several years and praised its passage as key to future growth and opportunities.
NWKF congratulates RTA on this announcement and looks forward to continuing to work with them.
Great Building, Inexpensive Power

The AMI Building in Henderson offers potential users a great versatile space served by the nation’s low cost electric leader. The building offers more than 157,000 sq. ft. of wide open space on a 13-acre tract. Located on the Henderson Bypass, the location provides easy access to I-69/Breathitt Parkway which connects with I-64 (30 miles north) and I-24 (70 miles south) as well as direct access to the Henderson Riverport, one of the most active in the inland water system.
Additionally, the facility is served by Henderson Municipal Power & Light recognized as one of, if not the, lowest cost electric provider in the nation. For more information this facility, please view it at northwestky.com
Area Receives Grant to Grow Airport, Assist Companies
The EDA has awarded $450,000 to the Henderson City-County Air Board for the construction of two hangars totaling more than 15,000 sq. ft. The hangars would be used to service two companies, including Innovative Workflow Technologies which recently located in Henderson. The construction of the hangars was an important aspect of IWT locating its headquarters and data development center in Henderson.
The airport has become a growing part of the local economy following a series of investment by the community, state and federal governments including a new terminal and runway enhancements. Ron Collins Aviation Electronics located to the airport in recent years and Don Davis Aviation continues to expand as well.
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