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PL Marketing expansion clears first reading in Newport; city ordinance adjusted to enable state KBI approval
Summary
Commissioners approved on first reading an ordinance to provide an occupational license fee credit for PL Marketing’s planned expansion, which aims to add 180 jobs (average about $48,000) and about $1 million in capital improvements under the Kentucky Business Investment program.
The Board approved on first reading an ordinance to authorize a local credit for occupational license fees to allow PL Marketing to proceed in the Kentucky Business Investment (KBI) program.
City staff said the ordinance is largely a procedural language change required by the state to finalize PL Marketing’s application. John Willis, speaking for the company, said PL Marketing currently employs roughly 500 people in Newport and that the planned expansion would create about 180 full-time-equivalent positions at an average salary near $48,000 and involve roughly $1 million in capital improvements to the Riverfront Place building.
"This is great news," Willis said, describing the company’s work with large retail clients and ongoing investment in Newport. The board approved the first reading by roll call; staff said state review is the next step for final KBI approval.
The ordinance was presented as a first reading and passed that procedural step; it will return to the commission for any required second reading or final formal action per the city’s legislative calendar and state KBI timelines.
