Constellium N.V., a European aluminum company, and Japanese aluminum company UACJ Corporation say they'll establish an aluminum production facility at the Bowling Green Transpark. A $150 million capital investment is expected and 80 new jobs. It's the largest capital investment for the South Central Kentucky region in more than a decade.
Kentucky Governor Steve Beshear said the investment further solidifies the state as a key player in the auto industry. The two companies will supply aluminum "Body-in-White" sheet to the North American auto industry. The Joint Venture will have an initial target capacity of 100,000 metric tons, about 220 million pounds, supplied by cold rolled coils supplied by both partners' rolling mills.
Construction of the plant is expected to begin this summer.
There have been ten economic development announcements in the past 18 months in Bowling Green, totaling more than $285 million in capital investment and over 450 new jobs. This is the largest total capital investment in the state of Kentucky so far this year.
The Austrian-based plastic packaging company Alpla, Inc. has announced it plans a $22.4 million dollar investment to establish manufacturing operations at the Kentucky Transpark.
Alpla will locate its operations in Building IV at the Transpark. The building was constructed specutatively by the Bowling Green Area Economic Development Authority, and was on the market for less than a year since its completion. It's the fourth spec building project at the Transpark for the BGAEDA, and Spec Building V is already in the planning stages.
Alpla products include packaging for everyday items such as beverages, motor oils, and cleaning supplies.