Business Facilities -November 2008

the country east to west and north to south. In addition, the Paducah & Louisville Railway is a regional line offering rail-to-barge-to-rail services on the Ohio and Tennessee Rivers. It also serves both of Paducah’s industrial parks and connects to five Class I railroads. And the instant access to Interstate 24 accelerates shipping to all parts of the country. Low operational costs are a key criteria for Infiniti as well. Kentucky has been one of the five lowest-cost states for electricity every year since 1990 and has had the lowest electric rates for six consecutive years. Kentucky ranks fourth in state business cost comparisons (15% lower than the national average) and is working hard to further improve that ranking, including a lowering of the corporate income tax for two years in a row. While manufacturing has a strong base in Paducah because of its attractive location, transportation options, and low cost, you’ll find that high technology also thrives with local university support and a rich regional medical environment. Ulrich Medical Concepts (UMC), a medical software development company, is headquartered in a new $2.5-million facility in Paducah’s Information Age Park. UMC provides medical practices with an avenue for instant retrieval of their medical information in a totally paperless environment. Constantly on the cutting edge, UMC continues to develop software to meet the needs of their customers. Their new company, Revenue Solutions, increases productivity for healthcare practices by offering integrated electronic billing services. Physicians and healthcare providers appreciate this service because it provides rev- enue cycle management compliancy and results in increased productivity. “We’re always looking for ways to advance technology so that physicians can provide a higher level of care. And our product growth means we’re going to need to bring more highly qualified health care professionals and billing experts to the company—employees who provide excellent support for our customers,” says Dan Jarrett, president of UMC. The Greater Paducah Economic Development Council (GPEDC) has targeted the plastics and medical device industries and is pursuing them aggressively. Three business and industrial parks offer a variety of sites. Whether it’s a headquarters operation in a campus environment, a rail-served manufacturing operation, or a distribution center on the interstate, the GPEDC can locate and provide just the right site to meet a company’s needs. Paducah and McCracken County work with the Commonwealth of Kentucky to customize incentive packages that positively impact the bottom line of companies seeking to relocate or expand. Laurens County, SC: A Logistical Dream Laurens County is located in the upstate of South Carolina mid-way between Greenville-Spartanburg and Columbia. Interstates 26 and 385 bisect the county, which makes it easily accessible to I-85 and the Port of Charleston. Clemson’s Advance Material Research is located in neighboring Anderson County. This facility is just a short distance away and easily accessible by the Interstate systems. Laurens County has four industrial parks located along its two interstate systems. Woodfield Industrial Park is located near Exit 22 on I-385 and Owings Industrial Park is A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S , M O D E R N P L A S T I C S , A N D M D & D I #0801 at www.BusinessFacilities.com P-6 http://www.visitmonmouth.com/economicdevelopment http://www.BusinessFacilities.com

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Business Facilities -November 2008 Contents First Word Sanpshots Corporate Moves: Utah Kodak Develops a Megasite in Upstate New York Anatomy of a Deal: Studley Finds a New Space for Myspace Metro Spotlight: Johnson City, TN A Renaissance of Growth in Medical Plastics The Lone Star State Flexes Its Muscles Asia: A Portrait of Growth Sky's the Limit for High-tech in Arizona Corporate Moves: Pennsylvania Ohio Leads the Way Alabama's Tide Rolls to the Future IEDC 2008 Award Winners Advertiser Index Introducing Navigator Livexchange

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