A mix of incentives and a new advanced manufacturing center has helped lure two companies to Northern Kentucky and led to expansion of existing companies that are expected to add up to 404 jobs across the region.
Kentucky Gov. Steve Beshear, and local government and business leaders announced the numbers at recent the formal opening of the
Gateway Community and Technical College Center for Advanced Manufacturing in Florence.
Five Northern Kentucky manufacturers have announced expansion plans for this year, with two others bring jobs because of relocation. The companies will invest a total of $28.4 million in the region.
"These seven new and expanding manufacturers will also benefit from their proximity to the new Center for Advanced Manufacturing, which is expected to train as many as 10,000 workers and 400 companies annually by 2015. The center is yet another example of the importance the Commonwealth places on advanced manufacturing and related fields," the governor said.
Two manufacturing companies,
Coating Excellence and
Jacobs Automation, have recently announced their location to the Northern Kentucky area and will bring 80 new jobs to the community.
The expansion of existing companies - a mix of those long established and startups - will make up the bulk of those new jobs. Those companies are:
Diversified Structural Composites Inc. - Since 1991, Diversified Structural Composites is a manufacturer of pultruded fiberglass and carbon fiber composite components. The company is consolidating two operations into a larger 96,000 square-foot facility in Boone County.
Hahn Automation Inc. - Established in Kentucky since 2001, Hahn Automation is a full-service supplier of custom automation equipment serving the automotive, household and pharmaceutical industries. The expansion project will involve the construction of a 25,000 square-foot building on a five-acre site in Hebron.
Parway Products Inc. - Founded in 1946, Parkway Products is a global leader in custom molding technologies. The company’s Erlanger facility, located at 1400 Jamike, specializes in the manufacture of composite engine and aerostructure components to support the aerospace industry. The expansion will increase the existing facility from 55,686 square feet to 110,166 square feet.
Impak Acquisition LLC - Impak Acquisition is a newly created company specializing in large point-of-purchase displays used in retail establishments. The expansion will allow the company to add equipment to its Edgewood facility.
Zumbiel Packaging - Zumbiel Packaging manufactures paperboard consumer packaging. The company is moving its headquarters and the remainder of its manufacturing operations from Ohio to Hebron, Ky. Zumbiel Packaging will build a 180,000 square-foot facility next to its existing 320,000 square-foot Hebron facility.
Writer: Feoshia Henderson
Source: Kentucky Office of the Governor
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