UPS Investing In KY

UPS plans to invest $750 million and add 1,000 jobs in Kentucky with a list of projects over the next few years.The company announced its plans in Louisville on Wednesday. Officials said the state approved a 10-year incentive agreement last month that can provide up to $36 million in tax incentives.The first project is a two-bay aircraft maintenance hangar at a cost of $220 million. The hangar will accommodate two 747-8F aircraft for maintenance simultaneously.

Source: MG News

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