LEXMARK TO SINK $16M. TO UPGRADE KENTUCKY FACILITY

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LEXMARK TO SINK $16M. TO UPGRADE KENTUCKY FACILITY

 user 2009-04-03 at 12:33:08 pm Views: 53
  • #22134

    http://www.mfrtech.com/articles/1977.html
    Lexmark Plans to Sink $16 Million into Upgrading Kentucky Facility
     April , 2009 Office equipment manufacturer Lexmark plans to invest $16 million for new research and development equipment at its laboratory here.The company says the updates will enable them to develop the next generation of multi-function printers, all-in-one office equipment and in-home photo processing, according to a filing with the state.Kentucky’s Economic Development Finance Authority recently approved a tax incentive package worth nearly $1 million toward the project. That deal gets cut in half if the company doesn’t maintain 3,000 workers at the site come the end of this year.