A Hart County manufacturer is announcing plans to expand its facility and add jobs. Dart Container announced today that it will invest $23 dollars to build a new 650,000 square foot warehouse in Horse Cave.
Up to 30 new jobs are expected to be created through the expansion.
Dart Container currently employs approximately 1,400 people at its Hart County operation, where it manufactures cups, bowls, plates, and other food and beverage supplies.
The Michigan-based Dart Container Corporation has been preliminarily approved for $900,000 in state tax incentives and benefits in connection with the project.
Most regions of Kentucky are adding jobs, but most of those jobs don't pay very much according to a recent analysis by the Kentucky Chamber of Commerce.
University of Louisville economist Paul Coomes said four of the the state's nine regions are above the national average in terms of job growth. But the average pay per job in all nine regions was lower than the national average.
Northern Kentucky had the highest growth in average pay at 18%, while the mountain region in eastern Kentucky had no growth at all. The national average for wage growth since the last recession is about 23%.
Coomes will expand on his report during a July 22nd speech during the Chamber's annual meeting in Louisville.
MacDonald & Owen Lumber Company recently acquired the dry kiln facility, Kerr Forest Products, in Bowling Green. Now, the company has been approved for incentives, with plans to invest $2.6 million and create 18 full-time positions.
The hardwood lumber company already has locations on Wisconsin and Pennsylvania. The company serves a world-wide customer base, offering a product line of more than twenty different species of kiln dried lumber as well as custom drying, planing and sanding.
Owner and CEO David Twite says the move to Bowling Green will allow MacDonald & Owen to extend their global reach through the close proximity to materials and freight options. The company is expecting to produce an additional five million board feet of hardwood lumber annually focusing on high quality Appalachian hardwoods.
This is the second economic development announcement for Bowling Green this year. It brings total capital investment to nearly $153,000 and the creation of 90 new jobs.
Champion Petfoods USA Inc. plans to open its first U. S. kitchen in Logan County, creating 147 new jobs and an $85 million investment. The company specializes in in "Biologically Appropriate" pet foods using fresh local ingredients. It's headquartered in Alberta, Canada.
Champion's ORIJEN and ACANA dog and cat food brands feature unique, fresh regional ingredients. They're sold in more than 70 countries. The company does not outsource food production and makes all of its products in its own kitchens. The $85 million investment will go toward building a kitchen in Auburn with construction set to begin this summer.
Company executives say Logan County's agricultural heritage and proximity to ranches and farms makes its location a good fit. In a release, Governor Beshear said, "not only will Champion Petfoods bring vital agricultural jobs to the region, but it will also create a new customer base for nearby farmers and ranchers."
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $8.7 million through the Kentucky Business Investment program. KEDFA also approved Champion for tax benefits of up to $1.3 million through the Kentucky Enterprise Initiative Act.
For decades, American companies have been sending their manufacturing work overseas. Extremely low wages in places like China, Vietnam and the Philippines reduced costs and translated into cheaper prices for consumers wanting flat-screen TVs, dishwashers and a range of gadgets.
But now a growing number of American companies are reversing that trend, bringing manufacturing back to the United States in a trend known as "reshoring."
In an effort to improve job growth for existing and new employers across the state, the state of Kentucky is making workforce services available in one centralized location.
Governor Steve Beshear laid out the details of the ‘WorkSmart Kentucky’ initiative Monday. The program involves matching employers with available workforce resources.
“Qualifying companies within the Commonwealth will be eligible for recruitment and job screening services at no cost. In addition, flexible grant funding will be available to offset the cost of customized and in house training needs,” said Beshear.
WorkSmart Kentucky is a partnership of the state’s Economic Development, Workforce Development, and Labor Cabinets along with the Kentucky Community and Technical College System. The governor says the new program fits in well with the state’s emphasis on health care and educational improvements.
A report from the federal government shows some good news for Kentucky enterprise. The U.S. Bureau of Labor Statistics says the state led the country in new businesses created during the second quarter of of 2013, the most recent data available.
Governor Steve Beshear's office says almost 6,700 new businesses opened in Kentucky during that quarter, many of them so-called "micro-enterprises", or businesses with five or fewer employees. The number represents an increase of more than 6% from the same period a year earlier.
Kentucky ranked second nationally by percentage in new businesses opened during the first quarter of 2013, third during the last quarter of 2012 and fourth during the third quarter of 2012.
Kentucky’s senior U.S. Senator says any extension of long-term unemployment benefits must be paid for by cutting spending elsewhere.
Long-term unemployment compensation expired on December 28. Sixty Senators, mostly Democrats, voted Tuesday to open debate on legislation that would extend the program for three months.
Kentucky Republican Senators Mitch McConnell and Rand Paul voted against the procedure. In a speech on the Senate floor, McConnell said the Obama administration hasn’t done enough to improve the job prospects of those looking for work.
"Yes, we should work on solutions to support those who are out of work through no fault of their own. But there is no excuse to pass unemployment insurance legislation without also finding ways to create good, stable, high-paying jobs--and also trying to find the money to pay for it," Sen. McConnell said Tuesday.
An international information technology company is adding 1,300 new jobs at its facilities in London and Winchester, Kentucky.
The new General Dynamics positions will provide technical assistance for the implementation of the federal government’s Health Insurance Marketplace. The General Dynamics site in London will employ up to 1,000 people, with the Winchester facility taking on 300 new workers.
The company already employs 400 people at a site in Corbin.
The new positions are for customer service representatives who will work in call centers at the facilities.
General Dynamics is holding job fairs for prospective applicants July 20 and 27 at the Somerset Community College Laurel Campus in London from 10 a.m. to 2 p.m. Job fairs will be held in Winchester July 15 and 16 at Bluegrass Community and Technical College campus in Clark County.