Rockcastle County Industrial Development Authority

What Rockcastle County Industrial Development Authority does

Rockcastle County Industrial Development Authority is a county-level government entity established under Kentucky state legislation to promote industrial development within Rockcastle County, Kentucky. Headquartered at 205 E. Main St., Mt. Vernon (the county seat, 54.7 miles south of Lexington on I-75), the IDA operates as the single point of contact for businesses considering relocation or expansion, providing site selection assistance, utility capacity data, labor force statistics for a 60-mile radius, demographic information, and occupational tax and licensing administration. Its principal product is Rockcastle Business Park South, an 8-lot county-owned industrial park with parcels ranging from 7 to 21 acres, supported by 4 million gallons per day of water capacity and 372,000 gallons per day of sewer capacity, with an additional 2 million gallons per day of water reserved for future growth.

The IDA's portfolio also includes a Labor Force Data service publishing 60-mile radius workforce statistics and Business Licensing and Occupational Tax Services that process net profit, quarterly, and employer withholding filings. It does not develop proprietary technology; its competitive offering rests on the county's geographic position on I-75, available county-owned industrial land, competitive tax structure (property taxes 0.167%-0.25%, 0.5% net profit license fee), and a multi-provider utility network (KU Electric, Jackson Energy, Windstream, Spectrum, municipal water/sewer).

The entity is publicly funded through Rockcastle County Fiscal Court appropriations rather than commercial revenue, and it coordinates with the Rockcastle County Chamber of Commerce, Rockcastle County Schools, the Rockcastle Area Technology Center, Berea College, Eastern Kentucky University, Somerset Community College, and the University of Kentucky on workforce development. Healthcare workforce needs are partially served through Rockcastle Regional Hospital and Respiratory Care Center, a regional hospital partnered with the University of Kentucky Healthcare System. Existing industrial tenants include Rockcastle Manufacturing, Mt. Vernon Plastics, Image Entry, B&H Tool, Integrity Mold and Die, and ESTI, with ESTI being a recent addition to the Brodhead industrial base.

Name

Rockcastle County Industrial Development Authority

Legal name

Rockcastle County Industrial Development Authority

Website

https://rockcastlecountyky.com

Company type

Public

Founded year

1810

Operating status

Operating

Headcount range

11–50 employees

Short description

Rockcastle County Industrial Development Authority is a county-level Kentucky government entity that recruits industrial tenants to Rockcastle County by managing the Rockcastle Business Park South, publishing labor and demographic data, and administering business licensing and occupational taxes for prospective and existing businesses.

Ownership category

akta.pro rank

Product category

Economic Development Services

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industry

Business Registration & Corporate Affairs (Registries) (BPAIAOAA)

Keywords

• Economic development services
• Industrial site selection
• Business park leasing
• Workforce data services
• Occupational tax licensing

Headquarters

HQ city

Mount Vernon

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Government Funding: As a county-level Industrial Development Authority, Rockcastle County IDA operates as a government entity funded through local county government appropriations and fiscal court budgets. Revenue is derived from public funding rather than commercial operations.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Rockcastle County Industrial Development Authority is a county-level government authority that promotes industrial and commercial development in Rockcastle County, Kentucky. It markets and leases ready industrial sites at Rockcastle Business Park South, supplies labor force and demographic data to prospective employers, and administers business licensing and occupational tax compliance for companies locating or expanding in the county.

Product overview

Rockcastle County Industrial Development Authority is a county-level economic development organization offering a portfolio of services to attract and support business development. The primary offerings include Rockcastle Business Park South, which provides available commercial land parcels for industrial and commercial use; Labor Force Data Services supplying workforce statistics; and Business Licensing and Occupational Tax Services to facilitate regulatory compliance for new and existing businesses. The organization acts as a one-stop resource for companies considering relocation or expansion in Rockcastle County, Kentucky, providing site selection assistance, demographic data, and connection to local utilities and infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Rockcastle Business Park South

Quantifiable outcome

• Water capacity of 4 million gallons per day with additional 2 million gallons available for future growth
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• Rockcastle Regional Hospital and Respiratory Care CentercoreStrategic or Co-development PartnerRockcastle Regional Hospital operates in partnership with University of Kentucky Healthcare System. The hospital is a nationally recognized leader in advanced ventilatory therapy and respiratory care, serving as a regional healthcare hub for Rockcastle County and surrounding areas.
• Rockcastle County Chamber of CommercecoreStrategic or Co-development PartnerThe Chamber of Commerce works continuously to improve the economic well-being of Rockcastle County. The IDA maintains a link to the Chamber website and coordinates economic development efforts with the Chamber's business networking and advocacy activities.
• University of Kentucky Healthcare SystemcoreStrategic or Co-development PartnerPartnership with University of Kentucky Healthcare System provides Rockcastle Regional Hospital with academic medical center resources, specialist support, and research collaboration opportunities, enhancing healthcare services for county residents and industrial workforce.
• Rockcastle County School SystemcoreStrategic or Co-development PartnerPartnership with Rockcastle County Schools supports workforce development. The Rockcastle Area Technology Center (51,000 sq ft) provides vocational training. Academic partnerships include Berea College, Eastern Kentucky University, Somerset Community College, and University of Kentucky.
• KU Electric (Kentucky Utilities)coreStrategic or Co-development PartnerKU Electric provides electrical service for Mt. Vernon and two county municipalities (Livingston and Brodhead), supporting industrial and commercial operations with reliable power infrastructure.
• Jackson EnergycoreStrategic or Co-development PartnerJackson Energy serves the remainder of Rockcastle County (outside municipal areas served by KU Electric), providing electrical service to support industrial development across the county.

Scale indicators6 records

Expansion highlights3 records

Regional players

• Bluegrass Area Development District: Regional development district serving central Kentucky counties adjacent to Rockcastle. Comparable regional economic development and planning function, though centered on the Lexington metro area with a higher-tier industrial prospect base.

Broad incumbents

• Appalachian Regional Commission (ARC): Federal-state economic development partnership serving 13 Appalachian states including Kentucky. Operates grant and incentive programs that channel funding to local IDAs like Rockcastle's; comparable mission of catalyzing industrial development in distressed rural Appalachian counties.
• Tennessee Valley Authority (TVA) Economic Development: Federal regional economic development corporation serving seven southeastern states including Kentucky. Comparable industrial recruitment and site advisory function, though with broader geographic mandate and significantly larger infrastructure footprint including its own utility operations.
• Kentucky Cabinet for Economic Development: The state-level economic development authority that coordinates with Rockcastle County IDA on industrial recruitment, incentives, and site selection across Kentucky. Directly comparable mission of attracting business investment to Kentucky, though operating at state rather than county scale.

Direct peers

• Laurel County Industrial Development Authority (KY): Adjacent Kentucky county IDA immediately south of Rockcastle on I-75. Closest direct peer by geography and corridor positioning, competing for the same set of I-75 industrial prospects with overlapping utility and labor force positioning.
• The Center for Rural Development: Regional rural development organization serving southern and eastern Kentucky. Already a documented partner of Rockcastle IDA (built its website), and operates comparable economic development, technology, and workforce programs targeted at rural Kentucky counties.
• Lake Cumberland Area Development District: Regional Area Development District serving south-central Kentucky including Rockcastle County. Provides regional planning, economic development coordination, and grant administration functions analogous to a county IDA but at multi-county scale.
• Madison County Industrial Development Authority (KY): Neighboring Kentucky county IDA on the I-75 corridor immediately north of Rockcastle. Directly comparable as a county-level economic development authority promoting industrial recruitment on I-75 in central Kentucky with overlapping prospect pool and interstate-access value proposition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/RCIDAonI75KY
• LinkedInlinkedin.com/company/rockcastle-county-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rockcastle County Industrial Development Authority