Martinrea Heavy Stampings is investing $12 million and creating 150 jobs in Shelbyville, Kentucky. The Tier 1 auto supplier produces metal stampings and assemblies for Ford's next-generation Escape, to be built at Kentucky's Louisville Assembly Plant.
"In collaboration with the state of Kentucky and Shelby County officials, we will be creating over 150 new manufacturing jobs at a much needed time for this community and surrounding area. These aren't jobs that are planned over a five-year period, but rather are jobs that will be available as early as 4th quarter 2011," said Shawn Adelsberger, general manager of the Martinrea Shelbyville division. "We are proud to be selected and continue our collaborative relationship with Ford Motor Company as a Tier 1 supplier for this exciting new product to be produced at the Louisville Assembly Plant. This investment will allow us to continue to provide quality metal stampings and assemblies produced by talented production workers and skilled trades persons."
The Kentucky Economic Development Finance Authority has preliminarily approved Martinrea Heavy Stampings for tax incentives up to $3 million through the Kentucky Business Investment program.