Presidium adding 200 jobs in Somerset - Business First of Louisville:

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million to expand operations in Somerset. The expansionb will result in 200 new, full-time jobs, according to a news Presidium, which currently employs 250 workersin Kentucky, plans to expand its existingt Somerset campus by 10,000 squared feet. The company also will leasde another 26,000 square-foot facility. Presidium recently receiveds preliminarily approval from the Kentucky Economid Development Finance Authority for tax incentives of upto $4.2 millioh under the Kentucky Jobs Developmeng Act. The incentive program is designed to attractt and expand technologyand service-related employmenty in the state.
“I’m delighted Presidium’s success in the Somerset community will result ina multi-millioj dollar investment and the addition of 200 new jobs for our Kentucky Gov. Steve Beshear said in the “Presidium’s expansion reflects the hard work and dedicatio n ofits employees, and I am confidengt Presidium will continue to flourish here in Kentucky for yearw to come.”