With an investment of $915,000, Indy Honeycomb is expanding its facility and is adding 13 new, full-time jobs.
“Indy Honeycomb’s success can be traced to their early business vision – to make a complex product simple and easy to buy. That concept clearly works,” said Gov. Beshear. “Now, the Commonwealth is partnering with Indy Honeycomb to see the company continue to grow and succeed, and the addition of 13 jobs and a $915,000 investment are proof of that success.”
To encourage the investment and job growth in Northern Kentucky, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $200,000 through the Kentucky Business Investment program.
“Incentives like this allow our business to move more decisively and proactively,” said Indy Honeycomb President Steve Barnett. “We now have the ability to provide additional space, equipment and technology to our committed team of employees, which allows us to better serve current customers and new clients alike. Having the ability to move on this initiative now, as opposed to waiting, helps us remain on the leading edge of our niche market.”