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million to expand operations in Somerset. The expansion will resul in 200 new, full-time according to a news release. which currently employs 250 workersin Kentucky, plans to expand its existing Somerset campus by 10,000 square feet. The compan y also will lease anothetr 26,000 square-foot facility. Presidium recently receivee preliminarily approval from the Kentuckyy Economic Development Finance Authority for tax incentives of upto $4.2 millionh under the Kentucky Jobs Development Act.
The incentivwe program is designed to attract and expands technologyand service-related employment in the “I’m delighted Presidium’s success in the Somersett community will result in a multi-milliob 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 dedication ofits employees, and I am confident Presidium will continue to flourish here in Kentucky for years to
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