LOUISVILLE, Ky. (AP) — Two companies have been approved for economic development incentives in the Louisville area, and state officials say the projects will create as many as 143 new jobs.
Taylor Law's office near Louisville is adding nearly 4,000 square feet of office space. The firm is planning to invest $844,000 in capital expenditures and add 40 to 60 new jobs with a total payroll of $4 million by the end of 2015.
Mesa Foods, a flour and corn tortilla producer, is expanding its western Louisville plant and plans to add 83 new jobs with an estimated average salary of $29,453.
The Kentucky Economic Development Finance Authority approved the projects Thursday. They are projected to add nearly $5.6 million in new investment.