Governor Beshear Announces Jobs in Cadiz

WKMS | By Todd Hatton

Published April 25, 2012 at 9:00 AM CDT

Cadiz 's Transcraft is investing $3M to add 80 new jobs, build a new 12,000 sq ft painting facility and purchase new equipment. Governor Beshear stopped in Cadiz for the announcement yesterday. He says to encourage the investment, the Kentucky Economic Development Finance Authority initially approved Transcraft Corp. for tax incentives up to $2 million dollars through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. Transcraft currently employs around 300 people in Cadiz.

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Todd Hatton

Todd Hatton hails from Paducah, Kentucky, where he got into radio under the auspices of the late, great John Stewart of WKYX while a student at Paducah Community College. He also worked at WKMS in the reel-to-reel tape days of the early 1990s before running off first to San Francisco, then Orlando in search of something to do when he grew up. He received his MFA in Creative Writing at Murray State University. He vigorously resists adulthood and watches his wife, Angela Hatton, save the world one plastic bottle at a time.

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