The United States is experiencing a manufacturing renaissance with activity centered on the development of a lean, advanced manufacturing sector enhanced by evolving efficiencies and a drive to improve sustainability. Economic activity and employment growth continue to rise in the manufacturing industry with manufacturers contributing $2.37 trillion to the economy in 2019, according to the National Association of Manufacturers. Stites & Harbison represents manufacturers in many industry sectors and stands ready to assist in providing needed legal services.
Our clients include some of the world’s leading manufacturing companies including the pharmaceutical, construction materials, metals, medical device, chemical, energy generation, transportation, automotive, food and beverage and technology industries.
We have represented manufacturers throughout the United States in their diverse needs for decades and often counsel management on legal matters including:
- Mergers and acquisitions
- Due diligence
- Commercial contracts
- Intellectual property and technology
- Facility construction, expansion and relocation
- Corporate transactions and financing
- Employee benefits, pensions and executive and incentive compensation
- Employment and labor relations
- Environmental compliance, permitting and enforcement
- Brownfield re-development
- Sustainability and “Green” certifications
- Litigation and dispute resolution
- Affirmative Action
- Real estate
Whether our clients face a regulatory problem, workforce issue, or unique growth opportunity, we take time to listen and understand our clients’ business. From that initial platform, we work to identify the issues concerning and impacting our manufacturing clients. Our attorneys keep up with current and evolving legal issues in their fields and bring that base of information to each representation. Using a multidisciplinary approach to providing legal services allows the attorneys of Stites & Harbison to deliver manufacturing companies with sophisticated, seamless and comprehensive counsel in this evolving and growing segment of our economy.
LOUISVILLE, Ky.—Managing Intellectual Property magazine recently selected Stites & Harbison, PLLC attorney Mandy Wilson Decker to the 2020 edition of Managing Intellectual Property’s “Top 250 Women in IP.” This is the sixth time Decker has been honored on this list, and she is the only attorney honored from Kentucky.
LEXINGTON, Ky.—The Boyle County Industrial Foundation (BCIF) Board of Directors recently elected Stites & Harbison, PLLC attorney David Longenecker as a new director. He will serve a three-year term.
It is anticipated that the Community Development Financial Institutions Fund (“CDFI”) will announce $5 billion in New Markets Tax Credits (“NMTC”) allocation awards within the next several weeks.
As businesses configure their workplaces to include new safety measures such as providing temperature checks, supplying necessary personal protective equipment (PPE) to employees, or installing hand sanitation stations, they must also be cautious of suspicious activities from fake suppliers, vendors, and other scammers attempting to exploit the current COVID-19 pandemic.
Allyson Cook and Andrew Poltorak joined ABC Ohio Valley Chapter for an online chat.
As a result of the COVID-19 pandemic, businesses may be struggling to meet environmental compliance requirements because of limited staffing, changes in production, and government-imposed operating restrictions. Businesses must remain mindful of their environmental compliance obligations regardless of whether the requirement arises from a permit condition, general regulatory requirements, or an agreed order.
When some people hear the phrase New Markets Tax Credits, they might think of an obscure tax incentive. However, other people, those who deal with the program or have been directly impacted by it, think of something completely different. These individuals think of a hydroelectric generating facility found on the Kentucky River, a new health and science building at a small college in Berea that offers students a debt-free education, a brand new state-of-the-art YMCA in West Louisville that offers increased community services to society’s most vulnerable, or a Winchester facility that manufactures bio-degradable plastic items while employing those desperately in need.
Opportunity Zones are depicted as transformative tools created to stimulate employment and achieve economic growth in distressed low-income communities. Like a public-private partnership, eligible taxpayers are entitled to significant tax incentives in exchange for investing unrealized capital gains in Opportunity Zones.