auto manufacturing

Business
5:13 am
Tue April 8, 2014

Beshear: Kentucky Can Become Next Automotive Powerhouse

Kentucky is home to several car manufacturing facilities, including the Toyota plant in Georgetown.
Credit Toyota

Gov. Steve Beshear said Monday he wants Kentucky to be as synonymous with the auto industry as Detroit.

The Democratic governor announced the formation of the Kentucky Automotive Industry Association to promote Kentucky as an automotive hub.

Beshear emphasized the association is not a state agency, but it will get some state money for marketing purposes. Economic Development Cabinet Secretary Larry Hayes will be the group's chairman.

Board members include representatives from Toyota, Ford, General Motors and various automotive supply companies.

Beshear said Kentucky ranks third in the country in light vehicle production. Kentucky's automotive exports reached a record $5.5 billion last year.

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Business
5:40 am
Thu March 20, 2014

Kentucky Transpark Continues To Grow

Ground was broken Wednesday for the Warren County-based Kentucky Transpark's fifth speculative building in the past seven years.

All four previous buildings have been sold to manufacturers after being on the market for less than a year. The first spec building was bought in 2007  by American Howa Kentucky before ground was broken.

Most recently, Austrian-based plastic packaging company Alpla, Inc. purchased the fourth Speculative Building , bringing $22.3 million in capital investment and 72 new full-time jobs to the region. The Transpark employs more than 1,100 total.

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Business
4:27 pm
Thu January 30, 2014

Auto Manufacturer Bringing Facility, 75 Jobs to Hardin County

A global auto manufacturer is building a facility in Elizabethtown and creating 75 new jobs.

Hendrickson USA LLC creates suspension systems and components for heavy-duty vehicles. The $20 million facility will be built at T.J. Patterson Industrial Park in Hardin County.

Construction on the 100,000-square-foot building is expected to be complete later this year.

Regional
12:32 pm
Fri August 9, 2013

German Auto Supplier to Locate in South Central Kentucky

An automotive supplier is opening a plant in south central Kentucky that will create more than 100 jobs.  Germany-based Dr. Schneider Automotive Systems will build a new manufacturing facility in Russell Springs, creating 155 full-time jobs and investing $29 million dollars in the commonwealth. 

Dr. Schneider produces parts for companies such as Ford, GM, BMW, and Volkswagen. 

Russell Springs was chosen over 69 other potential sites adding to Kentucky’s growing list of foreign investors. 

“At the end of an intensive selection process, we decided to choose Russell Springs,” said Wilhelm Wirth, member of the Dr. Schneider board of directors. “The decisive factors included the quality and expandability of the facility and the competitive location costs.

The announcement marks the third German-owned company to locate in the commonwealth this year, all three of which serve the auto industry. 

So far this year, Kentucky ranks third nationally for light vehicle production and first on a per capita basis.

Business
10:35 am
Tue August 6, 2013

GM Promising Major Investment, Hundreds of Jobs at Tennessee Plant

Is production of the Cadillac SRX coming to Tennessee?
Credit thesupercars.org

General Motors says it is investing $350 million and will create and retain at least 1,800 jobs at its plant in Spring Hill, Tennessee.  

While the automaker isn’t saying what new vehicles will be made at the plant, GM announced Tuesday that it will add two midsize vehicle programs to the facility, making good on a promise to the United Auto Workers union during negotiations in 2011.

The Tennessean reports that some analysts have suggested the vehicles might be the Cadillac SRX, which is currently made in Mexico, and the Buick Anthem, which GM has in development. The Spring Hill plant served as the headquarters and main assembly facility for GM’s now-defunct Saturn brand before production was halted in 2009.

The UAW says the jobs generated by the new auto production will be filled mainly by local hires, as opposed to the union’s normal practice of transferring displaced workers from other areas.

The news comes on the heels of a recent report showing Tennessee is, for a fourth consecutive year, ranked No. 1 in automotive manufacturing strength in the nation.