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Gov. Beshear Announces Frost-Arnett Company to Expand in Campbellsville

Tuesday, 04 22, 2014

Joe Hall 502-564-4886

Health care business solutions company to add 70 jobs, hold job fair

CAMPBELLSVILLE, Ky. (April 22, 2014) – Governor Steve Beshear today announced Frost-Arnett Company plans to grow its operations in Taylor County.

Frost-Arnett, an accounts receivable management company specializing in office solutions for health care organizations, will create 70 new full-time jobs and invest $620,000 to expand its Campbellsville facility.

“It’s always exciting when a company choses Kentucky to grow its business,” said Gov. Beshear. “I want to thank Frost-Arnett Company for investing in our Commonwealth and for putting more Kentuckians to work. This expansion is a testament to the quality of our workforce.”

Frost-Arnett will expand its 10,000-square-foot call center on East Broadway Street to 12,000 square feet. The company is growing as a result of the booming health care industry and needs additional space and employees to meet the demand.

 

“The quality of the workforce in Campbellsville and the surrounding counties has always exceeded our expectations,” said Frost-Arnett President George Buck. “It was an easy decision for us to choose this site for expansion. We are very appreciative of the support we have received from the community as well the local and state governments.”

 

Hiring for the new positions is already underway. Frost-Arnett will hold a job fair at the Kentucky Career Center on East Broadway in Campbellsville April 26-28.

 

Founded in 1893, Frost-Arnett is a leader in the credit and collection industry. The Nashville, Tenn.-based company develops and provides innovative solutions for clients’ accounts receivable and collection needs. The Campbellsville operation first opened in 1999 and currently employs 115 workers.

 

To encourage the investment and job creation in Campbellsville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $300,000 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. 

 

“The expansion of Frost-Arnett Company and creation of 70 new jobs is great news that reflects well on the quality of the workforce in Taylor County,” said Sen. Sara Beth Gregory, of Monticello. “I am very glad to see Frost-Arnett receive preliminary approval for incentives to aid in this expansion.” 

 

“I’m pleased any time we can bring more jobs and more opportunity to the people of Taylor County, and I want to personally thank Frost-Arnett Company for their continued support of our community,” said Rep. John “Bam” Carney, of Campbellsville. “I was proud to work alongside the Campbellsville/Taylor County Economic Development Authority and the Cabinet for Economic Development in supporting their work that will bring 70 new jobs to the region.”

 

“It’s an honor to have Frost-Arnett expand their Campbellsville facility,” said Campbellsville Mayor Tony Young. “Their investment and job creation will offer great opportunities for our workforce and be a valuable impact to our economy.”   

 

“We’re excited that Frost-Arnett chose to expand its presence in Taylor County,” said Taylor County Judge-Executive Eddie Rogers. “Their decision to create 70 new jobs here is a compliment to the quality of our local workforce.”  

 

For more information on Frost-Arnett Company or the job fair, visit www.frost-arnett.com

 

Taylor County also has been certified by the Kentucky Workforce Investment Board as a Work Ready in Progress Community. The certification is an assurance to business and industry that the community is committed to providing the highly skilled workforce required in today's competitive global economy.

 

Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook or follow on Twitter. Watch the Cabinet’s “This is My Kentucky” video on YouTube.

 

A detailed community profile for Campbellsville (Taylor County) can be viewed here.