Business and the Economy
New Business Brings Jobs to Somerset
Anacomp, a document and business process management solutions company, will locate a new service facility in Somerset. The new facility will bring 200 new jobs and a more than $2.4 million investment. Founded in 1968, Anacomp offers document conversion services to support a variety of business applications, including human resources, claims management, retirement benefits and health records. Anacomp will lease space in the Enterprise Center, a multi-tenant facility located in the Valley Oak Technology Complex, which is owned by Southeast Kentucky Economic Development Corp.
The Kentucky Economic Development Finance Authority preliminarily approved Anacomp for tax incentives up to $1.5 million through the Kentucky Business Investment program.
“As more companies seek ways to store their files and information electronically, companies like Anacomp will continue to expand. I’m pleased they have picked Somerset as the place to expand their business,” Rep. Tommy Turner of Somerset said in a press release. “These 200 jobs are the type of high-tech employment that we hope will be coming to Pulaski County and the Commonwealth for years to come, and I welcome Anacomp to our community.”