Blog

Explore MWM Consulting’s 2024 Annual Letter, where Lucas Witt, our founder, reflects on a landmark year of impact and growth. Discover how we drove over $615 million in investments across 12 communities, collaborated on regional initiatives, and set the stage for an even more dynamic 2025. Learn about our accomplishments in the Food & Beverage and Automotive sectors, our commitment to regionalism, and our vision for the future of economic development. Join us in shaping opportunities for the years ahead!

Berea's Mayde Road Rail Site joins the CSX Select Site Program, opening doors for significant economic growth. Discover how MWM Consulting's expertise and the site's strategic advantages position Berea for success in attracting industrial investment and creating jobs.

Discover how strategic reinvestment shapes sustainable growth in business and community sectors. We also explore how communities that make informed investments in infrastructure and quality of life stand out in site selection. Learn the importance of using detailed market data to guide these investments, aligning with long-term strategic goals.

Explore how the Kentucky Tourism Development Act (KTDA) is driving economic expansion by offering up to 25% in state tax credits for tourism projects. Learn about the application process, the major projects benefiting from KTDA, and how it can significantly improve the financial feasibility of your venture.

Explore how the Kentucky Product Development Initiative (KPDI) is revolutionizing the state's economic landscape with a $100 million fund. Learn about the application process, eligibility criteria, and the transformative impact this initiative has on industrial development and community growth in Kentucky. MWM Consulting offers insights into navigating the KPDI program for maximum benefits. Ideal for local governments, economic development organizations, and anyone interested in Kentucky's proactive approach to economic development.

Kentucky's bourbon industry is booming, but rising barrel taxes used to fund local communities are colliding with calls for relief from distillers. Can a balance be found between industry growth and revenue needs? Learn about the nuances of this complex issue. We explore perspectives from both sides, data-driven impacts of proposed reforms, and potential compromises so all stakeholders can find shared success. With expertise in economic development and incentives structuring, we're committed to supporting Kentucky's signature spirit and treasured hometowns. There are solutions where bourbon and community can both prosper.

When looking to expand operations, choosing the right location is critical for companies. But navigating site selection can be complex and high-stakes. This post pulls back the curtain on MWM Consulting's proven step-by-step methodology for corporate site selection. From initial location analysis to incentive negotiations, we provide end-to-end guidance so clients can make data-driven decisions that meet strategic goals. With deep expertise and an objective process evaluating workforce, infrastructure, costs, and more - we eliminate guesswork so you can expand with confidence. Let us advise you on finding the optimal site for sustainable growth.

Strategic AI Insights for Economic Development