Business and the Economy
State Approves Business Tax Incentives
The Kentucky Economic Development Finance Authority approved a proposal Thursday that would give $10.25 million in Kentucky business incentives to a subsidiary of Amazon.com, should it choose to open a $20-million customer support center in Winchester. To receive the full tax credit from the state, the company, AMZN.wacs Inc, would have to create 550 full-time jobs and 600 part-time and seasonal jobs, said Todd Denham, executive director of the Winchester-Clark County Industrial Authority. The jobs would have an average hourly pay of $20.33 with benefits. The 70,000-square-foot center, Denham said, would be built on a seven-acre site to be determined.