CMSText Invests $4.4 Million in Lexington, KY Facility
Gov. Steve Beshear has announced that Lexington, KY-based CMSText LLC will expand its mobile marketing company. The expansion will drastically grow the companyâ€™s current employment base of 19, creating 135 new jobs. Additionally, the project will result in a capital investment of nearlyÂ $4.4 million in the Commonwealth.
â€śCMSText is an exciting, fast-growing company whose success in Lexington is leading to a more than 700 percent increase in its employment,â€ť Gov. Beshear said. â€śThese 135 new jobs and almost $4.4 million investment will have a positive impact on the community and are a great win for Kentucky.â€ť
Text message marketing is quickly growing as an effective advertising tool for more and more businesses. CMSText provides message marketing services to a variety of industries, including customers in the restaurant and hospitality, medical and dental, real estate and automotive sectors. CMSTextâ€™s expansion will allow it to provide services to more regions of the country, as well as Canada.
â€śCMSText is proud to call central Kentucky home for our international headquarters,â€ť said CMSText CEO Conrad R Carney II. â€śThe growth in mobile communications is fueling our success and the need to expand our operations. The pool of qualified, well-educated job candidates available in Lexington is vital to maintaining our leadership position in the market.â€ť
The Kentucky Economic Development Finance Authority preliminarily approved CMSText for tax incentives up to $2.5 million through the Kentucky Business Investment program.Â The performance-based incentive allows the 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.
â€śOne of my favorite duties as mayor is announcing the expansion of a successful local business,â€ť Lexington Mayor Jim Gray said. â€śCongratulations to CMSText!â€ť
â€śSeeing CMStext.com make this investment is great news for our community, and itâ€™s another step forward for our economy, especially for those families who will benefit,â€ť said Rep. Ruth Ann Palumbo, of Lexington. â€śIâ€™m certainly glad to see the company make this move and am glad the state can help.â€ť
â€śThis is great news for Lexingtonâ€™s job seekers,â€ť said Sen. Alice Forgy Kerr, of Lexington. â€śIt is very important that we continue to give businesses the tools they need to thrive in Kentucky.â€ť
â€śCommerce Lexington Inc. is thrilled that CMSText has chosen Lexington to expand their headquarters’ operations,â€ť said Bob Quick, president and CEO of Commerce Lexington Inc. â€śCMSText is creating quality jobs for our citizen and we are pleased to be a part of their exciting announcement.â€ť