Back to Grants
KY
Kentucky Reinvestment Act (KRA) – Tax Credits for Existing Manufacturers
Income tax credits for existing Kentucky manufacturers investing in significant capital equipment purchases or facility rehabilitation; credits of up to 100% of corporate income tax liability from the project for up to 10 years; minimum investment of $2.5 million for owned facilities ($1 million for leased); must retain at least 85% of current employees; ideal for Kentucky manufacturers reinvesting in their operations.
About this program
Visit the program website for full details.
Eligibility
Existing Kentucky manufacturing companies with at least 25 full-time employees investing at least $2.5 million (owned facilities) or $1 million (leased facilities) in eligible equipment and related costs on a permanent basis.
Requirements
- Existing Kentucky manufacturing company operating on a permanent basis
- Minimum of 25 full-time employees at the facility
- Capital investment of at least $2.5 million for owned facilities or $1 million for leased facilities