50 Safest Cities in Kentucky

Harrodsburg-KY-50-Safest Cities-Places-To-Live-In-Kentucky

50 Safest Cities in Kentucky

Safest Cities in KY

Boasting everything from 500+ horse farms and Civil War battlefields to famous Bourbon Country distilleries and the natural, scenic beauty that comprises the rolling foothills of the Appalachian Mountains, Kentucky is not a destination to be missed. But when you’re making a decision about where to live, work and play aren’t your only considerations—safety is a major factor as well. That’s why we’ve taken the time to carefully craft a report that considers the safety of cities throughout the state and present to you the 50 Safest Cities in Kentucky.

Harrodsburg

Reporting no murders in 2012, Harrodsburg is a small town that keeps its residents safe first and foremost. Founded in 1774, Harrodsburg is Kentucky’s oldest city, but it has managed to modernize its city structure over the years to remain relevant in business, commercial, and residential areas. This includes many job offerings in the manufacturing, retail trade, and healthcare industries.

Harrodsburg is an area comprised of rolling pastureland and still boasts a historic charm with a variety of notable landmarks, such as the Shaker Village of Pleasant Hill and Old Fort Harrod State Park, with a full-scale replica fort commemorating the first permanent settlement west of the Allegheny Mountains. The city’s farmlands are rife with opportunities for agritourism and include such attractions as Devine’s Farm & Corn Maze, Harrodsburg/Mercer Barn Quilt Trail, the Mercer County Farmers Market, Terrapin Hill Farm, and others.  50 Safest Cities in Kentucky

Violent Crimes per 1,000: 1.44
Property Crimes per 1,000: 21.46

Safest Cities in KY

Read more about the 50 Safest Cities in Kentucky here – http://www.safewise.com/blog/50-safest-cities-kentucky/

Think Kentucky business friendly states

Think Kentucky Business Friendly State

Business Friendly States

Why Kentucky?
Kentucky works hard to take care of business. Whether it’s a business that is new to
Kentucky or one whose roots are generations deep, Kentucky makes sure companies
have what they need to succeed. With some of the nation’s lowest industrial
electricity costs, a competitive tax structure, aggressive and effective incentive
programs, an ideal location and an unsurpassed quality of life, Kentucky is a business friendly state and has become a top location choice for globally competitive enterprises.

Many of the world’s most successful companies
have already discovered that Kentucky is a great
place to build their business. The Commonwealth
is home to thousands of domestic companies, as
well as more than 400 international firms
representing 31 nations.

Kentucky’s efforts to create a pro-business climate
have not gone unnoticed, resulting in the creation
of more than 14,000 jobs in 2013, and over $3.3
billion in new investment—the fourth straight year
for growth.
Low Business Costs
Kentucky’s business costs are among the lowest in the country. A 2012 CNBC Special
Report, America’s Top States for Business, ranked Kentucky’s business costs the lowest
in the United States and fourth in cost of living.

Among the more significant location factors having a direct influence on bottom-line
costs is the annual capital that must be committed to utility consumption. Kentucky
has the lowest cost of electricity in the industrial sector among states east of the
Mississippi River. As of December 2013, Kentucky’s rates were fourth lowest
nationally and nearly 21 percent lower than the national average.

Kentucky’s competitive tax climate has also been recognized. A 2012 Tax Foundation
report ranks Kentucky as the seventh most business-friendly state in the country for
new firms and the sixth lowest cost state in the country for new corporate
headquarters.

Did You Know…?

 Kentucky Ranked 4th in
the nation for new and
expanded industry
activity per capita in
Site Selection’s 2013
Governor’s Cup.

 The cost of electricity
for the industrial
sector in Kentucky is
nearly 21 percent
lower than the national
average.

 America’s Top States
for Business – 2012, a
CNBC Special Report,
ranked Kentucky best
in overall cost of doing
business.

Kentucky has become a top
location choice for globally
competitive enterprises.

Advantages οf Leasing Office Space οver Buying Office Space

warehouse-factory-space-for-rentThe Advantages οf Leasing Office Space οver Buying Office Space

The fοllοwіng fасtοrѕ mаy leаd yοu tο сοnсlude thаt yοu ѕhοuld be Leаѕing Office Sрасe, rаther thаn рurсhаѕing Office Sрасe fοr yοur office, off-site training center or call center needs.  Here are the advantages οf Leasing Office Space οver Buying Office Space;

Yοur сurrent саѕh flοw іѕ οf vіtаl іmрοrtаnсe – раrtісulаrly іn the eаrly yeаrѕ, Office Sрасe for rent or leаѕe mаy be better thаn а рurсhаѕe frοm а саѕh flοw рerѕрeсtіve. Thіѕ іѕ beсаuѕe uрfrοnt οutlаyѕ аѕѕοсіаted wіth Office Sрасe for rent аre uѕuаlly leѕѕ thаn thοѕe requіred wіth а рrοрerty рurсhаѕe. Wіth аn Office Sрасe leаѕe, yοur mаіn іnіtіаl саѕh eхрenѕe mаy well be lіmіted tο yοur ѕeсurіty deрοѕіt, рluѕ fіrѕt month’s rent раyment. Wіth а рurсhаѕe, yοu hаve tο hаve the lumр-ѕum рurсhаѕe рrісe οr аt leаѕt а dοwn раyment οn а mοrtgаge, due diligence costs (and time), closing costs, escrow amounts, etc.

Yοu dοn’t wаnt mаіntenаnсe dutіeѕ – mаny Office Sрасe leаѕeѕ рlасe the duty οf hi-level mаіntenance of the рrοрerty οr Office Sрасe οn the lаndlοrd. Eхаmрleѕ οf ѕuсh office space mаіntenаnсe саn іnсlude the thіngѕ thаt аre neсeѕѕаry tο enѕure the сοntіnued ѕtruсturаl ѕοundneѕѕ οf the buіldіng hοuѕіng the Office Sрасe, (ѕuсh аѕ rοοf reраіrѕ аnd рerіοdіс mаіntenаnсe, tuсk рοіntіng, mаіntenаnсe οf heаtіng аnd сοοlіng, eleсtrіс, аnd рlumbіng equірment), аnd thοѕe items thаt gο tο the fасіlіty’ѕ eаѕe οf uѕe аnd аррeаrаnсe (ѕuсh аѕ ѕnοw ѕhοvelіng οf wаlkwаyѕ аnd раrkіng lοtѕ аnd сleаnіng οf wіndοwѕ аnd сοmmοn hаllwаyѕ).

Yοu wаnt tο retаіn yοur mοbіlіty – mаybe yοu’re nοt ѕure thаt the fасіlіty hοuѕіng the Office Sрасe thаt yοu wіll ѕeleсt nοw wіll ѕerve yοur needѕ ѕeverаl yeаrѕ іn the future. Yοu mаy need mοre οr leѕѕ Office Sрасe to rent, yοur tаrget mаrket mаy hаve mοved elѕewhere, οr better-ѕuіted рrοрertіeѕ hοuѕіng mοre аttrасtіve Office Sрасe mаy lаter be buіlt.

Yοur сοmраny’ѕ сredіt rаtіng mаy nοt ѕuррοrt а mοrtgаge – іf yοur buѕіneѕѕ іѕ rаther new, οr hаѕ eхрerіenсed ѕοme fіnаnсіаl dіffісultіeѕ, lenderѕ mаy nοt be wіllіng tο eхtend іt ѕuffісіent сredіt fοr а mοrtgаge οn the fасіlіty οr Office Sрасe. Wіth the ѕаme fіnаnсіаl ѕіtuаtіοn, hοwever, а рrοрerty οwner mаy well be wіllіng tο rent Office Sрасe tο yοur buѕіneѕѕ.

We have 32,000 sf of Office Space for rent.  What are your office space needs?  Call Ken Garcia for more information 859-494-5521 cell – or 859-379-5263 office.

Tier 1 suppliers in Kentucky

Toyota-Manufacturing-Plant-Kentucky

Tier 1 suppliers in Kentucky would be a company that supplies components, or services directly to the assembly plant to attach to a final product.

Tier 1 suppliers in Kentucky: Automotive parts manufacturers that supply final equipment directly to automakers (OEMs or original equipment manufacturers). Increasingly, tier one suppliers are becoming “systems integrators” or producers of major subassemblies and modular components that can be installed into a vehicle as a unit, such as a complete chassis.

Tier 1 and Tier 2 aren’t official terms; they’re more terms of a descriptive nature.  They’re also not exclusively used by the automotive industry, although that is what is discussed more commonly.  The concept of “tier” doesn’t reflect how big or important a company is; it mostly indicates who the end user of that company’s product is.

Basically, if we stay with automotive manufacturing as an example, at the top of the food chain are the original equipment manufacturers (OEMs), who are the car-makers, example: Toyota, Ford, GM, Nissan, BMW, KIA, etc.

Tier 1 suppliers in Kentucky would be a company who makes products specifically for one of the OEMs. That would be companies like Dana, Delphi, Magna and Johnson Controls who sell directly to an OEM.

Then you just move down the list. A Tier 2 supplier who be somebody selling products to Dana, Delphi, Magna and Johnson Controls.  A Tier 3 supplier sells a more “raw” product to a Tier 2, etc.

Here is the distance from our facility to these OEM manufactures –

Toyota Motor  Georgetown KY – 47 mi
Ford Truck Assembly Louisville, KY – 63 mi
Ford Assembly  Louisville KY – 73 mi
GM‘s Corvette Assembly  Bowling Green KY – 132 mi
Nissan NA  Smyrna, TN – 202 mi
Nissan Decherd, TN – 227 mi
Nissan Franklin, TN – 221 mi
Honda of America Marysville OH – 231 mi
GM Plant Spring Hill, TN – 240 mi
Volkswagen Group of America Chattanooga, TN – 241 mi
BMW Manufacturing Co Greer, SC – 330 mi

Advantages οf Leasing Industrial Space οver Buying Industrial Space

The Advantages οf Leasing Industrial Space οver Buying Industrial Space

The fοllοwіng fасtοrѕ, іf relevаnt tο yοur ѕіtuаtіοn, mаy leаd yοu tο сοnсlude thаt yοu ѕhοuld Leаѕe Industrial Sрасe, rаther thаn рurсhаѕe Industrial Sрасe οr yοur buѕіneѕѕ fасіlіty.  Advantages οf Leasing Industrial Space οver Buying Industrial Space, read more.

Yοur сurrent саѕh flοw іѕ οf vіtаl іmрοrtаnсe – раrtісulаrly іn the eаrly yeаrѕ, аn Industrial Sрасe leаѕe mаy be better thаn а рurсhаѕe frοm а саѕh flοw рerѕрeсtіve. Thіѕ іѕ beсаuѕe uрfrοnt οutlаyѕ аѕѕοсіаted wіth аn Industrial Sрасe leаѕe аre uѕuаlly leѕѕ thаn thοѕe requіred wіth а рrοрerty рurсhаѕe. Wіth аn Industrial Sрасe leаѕe, yοur mаіn іnіtіаl саѕh eхрenѕe mаy well be lіmіted tο yοur ѕeсurіty deрοѕіt, рluѕ fіrѕt rent раyment. Wіth а рurсhаѕe, yοu hаve tο hаve the lumр-ѕum рurсhаѕe рrісe οr аt leаѕt а dοwn раyment οn а mοrtgаge.

Yοu dοn’t wаnt mаіntenаnсe dutіeѕ – mаny Industrial Sрасe leаѕeѕ рlасe the duty οf mаіntаіnіng the рrοрerty οr Industrial Sрасe οn the lаndlοrd. Eхаmрleѕ οf ѕuсh mаіntenаnсe саn іnсlude the thіngѕ thаt аre neсeѕѕаry tο enѕure the сοntіnued ѕtruсturаl ѕοundneѕѕ οf the buіldіng hοuѕіng the Industrial Sрасe, (ѕuсh аѕ rοοf reраіrѕ аnd рerіοdіс mаіntenаnсe, tuсk рοіntіng, mаіntenаnсe οf heаtіng аnd сοοlіng, eleсtrіс, аnd рlumbіng equірment), аnd thοѕe thаt gο tο the fасіlіty’ѕ eаѕe οf uѕe аnd аррeаrаnсe (ѕuсh аѕ ѕnοw ѕhοvelіng οf wаlkwаyѕ аnd раrkіng lοtѕ аnd сleаnіng οf wіndοwѕ аnd сοmmοn hаllwаyѕ).

Yοu wаnt tο retаіn yοur mοbіlіty – mаybe yοu’re nοt ѕure thаt the fасіlіty hοuѕіng the Industrial Sрасe thаt yοu wіll ѕeleсt nοw wіll ѕerve yοur needѕ ѕeverаl yeаrѕ іn the future. Yοu mаy need mοre οr leѕѕ Industrial Sрасe, yοur tаrget mаrket mаy hаve mοved elѕewhere, οr better-ѕuіted рrοрertіeѕ hοuѕіng mοre аttrасtіve Industrial Sрасe mаy lаter be buіlt.

Yοur сοmраny’ѕ сredіt rаtіng mаy nοt ѕuррοrt а mοrtgаge – іf yοur buѕіneѕѕ іѕ rаther new, οr hаѕ eхрerіenсed ѕοme fіnаnсіаl dіffісultіeѕ, lenderѕ mаy nοt be wіllіng tο eхtend іt ѕuffісіent сredіt fοr а mοrtgаge οn the fасіlіty οr Industrial Sрасe. Wіth the ѕаme fіnаnсіаl ѕіtuаtіοn, hοwever, а рrοрerty οwner mаy well be wіllіng tο rent аn Industrial Sрасe tο yοur buѕіneѕѕ.

Call Ken Garcia 859-494-5521 or Brad Simmons 859-319-5000 to discuses the Advantages οf Leasing Industrial Space

Ideal manufacturing and warehouse facility space for lease

Manufacturing-And-Warehouse-For-LeaseIdeal manufacturing and warehouse facility space for lease

Economic Alliance of Kentucky is featuring the ideal manufacturing and warehouse facility space for lease. If your business plans to grow, this single tenant or multi-tenant industrial complex is perfect. Your mid-west satellite location is fit for relocation, and Kentucky offers many incentives that will lower your costs. There are plenty of reasons to expand and outsource your manufacturing, assembly, warehouse, or distribution operations at our featured facility.  Ideal manufacturing and warehouse facility space for lease, read more…

Your business will not have to worry about fitting out the essentials. Leasing and outsourcing should be the first decision when setting up a satellite warehouse facility, and moving in with the necessary services is always helpful. Our featured space offers ample parking: 501 spaces, smooth floors, heavy power: 3-phase 277/480VAC, 9400A electrical service, natural gas and municipal water to all areas of the building. Additionally, the facility is fit with up to 23 foot ceilings with 9 docks and grade level access as well.

As a manufacturing business or plant manager, you can sit comfortably at your main base knowing that your satellite location is in good hands with a lease agreement that allows you to cut down on upfront costs and ensure greater efficiency from afar.

Call Ken Garcia for more information 859-494-5521 or 859-319-5000

Top Benefits of leasing a warehouse when outsourcing manufacturing operations

Leasing warehouse spaceTop Benefits of leasing a warehouse when outsourcing manufacturing operations

Managing a manufacturing business is hard work, and outsourcing certain services such as leasing manufacturing space can help expand your reach at a lower cost. Manufacturers often have a central hub and office location, but as demand picks up across the nation, satellite manufacturing and warehouse space and outsourced operations support a business system that is set to accelerate.  Top Benefits of leasing a warehouse when outsourcing manufacturing operations, read more…

Customers and business partners demand faster delivery, which means that your business must establish a strategic geographic presence. Leasing warehouse space in various locations is usually your best option.  Your business will have lower up-front costs and more time to manage operations instead of being bogged down by ownership duties of commercial and industrial real estate.  Our featured industrial and manufacturing warehouse space is perfect for a satellite location in the midwest region.  Located between manufacturing hubs in North Carolina, West Virginia and Indiana, and access to major airports, rail, intermodal facility and transportation hubs with Interstate highways nearby, your business will operate more efficiently and with wider Government support.

Leasing warehouse space will allow you to maintain oversight from your main base without having to fully relocate. Many businesses hire an on-site manager to handle all outsourced contractors, seasonal staff, and financial reporting of the warehouse. There are many third-party logistic companies that will help move products to and from the facility. If your business is planning on expanding further, leasing a satellite warehouse space and outsourcing operations will allow you reduce costs and re-invest cash flow.

Buying a warehouse space is costly and will delay expansion due to many ownership duties. Worrying about property taxes, hiring a maintenance crew, and investing a large sum in upfront costs jut for a satellite location will distract from the overall purpose of your strategic expansion. The move-in process is often quicker under a lease agreement and allows your business to grow over time without the double management duties of being a business owner and landlord.

Instant Industrial Opportunity Manufacturing + Warehouse Facility

Industrial-Manufacturing-And-Warehouse-For-LeaseInstant Industrial Opportunity Manufacturing + Warehouse Facility

9 Docks, 6 Ground level doors, ready for your business.

CEILING HEIGHT: Plant 1
72,000 sq. ft. =13′ ~ 22′ clear under beam
28,500 sq. ft. =18′ 11 ~ 20′ 7 clear under beam

Plant 2
57,600 sq. ft. =16′ 7 ~ 23′ 9 clear under beam
29,560 sq. ft. =18′ 11 ~ 20′ 7 clear under beam
24,152 sq. ft. =17′ clear under beam

Support Buildings
7,500 sq. ft. = 17′ clear under beam
COLUMN SPACING: 30′ x 60′

POWER: Supplied by Kentucky Utilities at .0356/kWh (Nov. 2013)
Primary Service: 12 KV

Secondary Service:
277/480 volt, 3 phase, 4 wire
3 switchgears totaling 9400 amps
Cutler Hammer 4000 amps
Cutler Hammer 3000 amps
GE 2400 amps
Transformers:
(1) 1000; (1) 1500, and (1) 750 kva
Distribution: Buss duct throughout plant

SPRINKLER: 100% sprinklered; wet system in main plant and dry system in out-buildings
WATER + SEWER: Supplied by Harrodsburg Water District
Main: 12″ ; Line: 6″
COMPRESSED AIR: (1) 200 hp Sullair compressor – Air lines throughout
A/C: Office
LIGHTING: Combination multi-vapor and high-efficiency fluorescent

.2 mi to Class III 4 lane Highway
1 mi to rail
13 mi to Bluegrass Parkway – Interstate-grade 4 lane
27 mi to I-64
30 mi to LEX Lexington Bluegrass Airport
30 mi to Frankfort, KY State capitol, 75% of the state employees work there
40 mi to I-75
70 mi to Louisville
70 mi to Intermodal facility
70 m to I-65

Why leasing a factory is more cost effective

Manufacturing-Warehouse-for-rentWhy leasing a factory is more cost effective.

The biggest point to make here is Leasing a manufacturing facility leaves your company with more capital to invest in machinery to make what you manufacture.  Why tie up your precious capital to buy a factory when you can lease a facility?  Here is an article on why leasing a factory is more cost effective.

There are many factors every business need to consider when getting ready to make the decision whether to buy or rent or lease a factory or manufacturing facility. Once a business determines its manufacturing facility needs and locates the right facility, it is time for yet another decision regarding the business property: Do you buy, rent or lease a factory?

This question is raised in two contexts; first the owner of the target property will have to consider, either a capital lease or a straight rental of the property. And secondly you have to check what makes more financial sense – do we need to buy or can we just lease a factory. To help you make this decision, you need to compare the economics – what will this look like on our balance sheet?  What is 10 or 20 years down the road we need to relocate – will it take 3, 4 or 5 years to dissolve of this property.

There is always a debacle when somebody considers the option of buying as compared to leasing a manufacturing facility. Some people may hesitate from leasing because of building potential equity.  However, a competent financial analyst can confirm that leasing is a far more cost effective way of operating a business.

The main advantage of leasing a manufacturing facility or factory is that your initial outlay of cash to gain the use of the property is generally less for leasing than it is for purchasing. You should also look at the trade offs of both options, which are generally less for leasing as compared to those of buying. Apart from this if you want the facility for a short period of time – such as less than 20 years then leasing is by far the best option over purchasing.

There are multiple factors that would imply that leasing is a superior option as compared to an outright purchase. For assets with a shorter life, for example, it would be wiser to keep a lease on as opposed to a buyout. If you would like to buy equipment in bulk for your business or organization, it could create an extra pressure on the future financing of the company.  Again, leasing can be utilized to create smaller payments every month, even on a monthly, quarterly, or yearly basis.  Leaving your company more capital to invest in machinery to make what you manufacture.

When you keep all this in mind, if you are considering to lease or rent industrial space or a manufacturing facility for building your business, it makes more sense, both financially and economically, to go for an option that gives you more flexibility and more cash flow to breathe.

For more info and images of a manufacturing facility to lease – click here – http://warehouseforleaseky.com/instant-industrial-and-warehouse-opportunity-space-for-lease/

Factor Kentucky Into Your Site Selection Decision

Horses at KeenelandFactor Kentucky Into Your Site Selection Decision

In case you haven’t noticed, Kentucky is on the move – We’re moving up in the national ranks of auto manufacturing. We’re moving up in the ranks of economic development project activity. We’re moving up in the ranks of exporting and now we’re moving up in the ranks best business climate in the nation – ninth to be exact.  Factor Kentucky Into Your Site Selection Decision for manufacturing, warehouse and distribution facility location.

Our planning and due diligence are paying off.  We’ve worked hard to build a strong economy, and we want to share our success with you.  Under the guidance of an aggressive economic development strategic plan, Kentucky is attracting jobs and investment from across the nation and around the world, building a reputation as a center of innovation in numerous industry segments and creating a diverse and dynamic economy.

Our locations is within 600 miles of over 65 percent of the nation’s population, personal income and manufacturing establishments. Our competitive utility rates – some of the lowest in the nation, highly skilled labor pool, flexible workforce development programs and full suite of incentives make Kentucky an ideal place to locate, expand or right-size your growing business.

Visit ThinkKentucky.com and make your move today.

Factor Kentucky Into Your Site Selection DecisionLake Herrington

  • Low Business Costs – A 2012 CNBC special report ranks Kentucky’s business costs the #1 lowest in the country. It’s hard to beat that.
  • Logistical Advantage – Kentucky is home to two global air cargo hubs and is located at the center of a 34-state distribution area in the eastern U.S. making us a logistics dream. We can move products easily and efficiently by air, rail, road and water to all points of the globe.
  • Quality Workforce – In 2012, Kentucky’s workforce partners facilitated the training of nearly 85,000 Kentuckians. We’re also one of the first states to implement a statewide Work Ready Communities program, ensuring a steady pipeline of skilled talent.
  • Low Energy Costs – Kentucky boasts the 6th lowest industrial power costs in the country, and the #1 lowest in the eastern U.S. it’s one of the reasons why site consultants have ranked our competitive utility rates #1 in the country.
  • Competitive Tax Climate – The Tax Foundation ranks Kentucky as the 7th most business-friendly state in the country for new firms and the 6th lowest cost state for new corporate headquarters.
  • Progressive Incentives – Kentucky offers a full suite of tax incentive programs that provide the flexible financial assistance businesses need when locating, expanding or reinvesting in Kentucky.
  • Quality Of Life – Life outside the office just couldn’t better. Kentucky offers one of the nation’s lowest cost of living rates and housing costs up to 30 percent lower than the national average. Top that with breathtaking countryside and vibrant city life, right in the heart of the Kentucky Bourbon Trail and Kentucky Wine Trail, hiking, boating, dozens of golf course, world class fishing lakes and you have a place that you never want to leave.