Structures USA To Place $3.3 Million Manufacturing Facility in Elizabethtown, Kentucky
Area Development Online News Desk (09/06/2013)
Structures USA LLC, a newly-formed manufacturing arm for VSI Sales LLC, will invest more than $3.3 million to establish a manufacturing operation in Elizabethtown, Kentucky, creating up to 50 jobs over the next few years.
The firm’s primary focus will be the manufacturing of steel and aluminum tubular products for use in the transportation, light rail, and utility/transmission industries. Cabinet for Economic Development officials said Structures USA is extremely excited about the start of the new manufacturing facility in Elizabethtown. The company made the decision to open the facility in Kentucky, instead of other potential locations, based on quality of workforce, quality of the community life and logistics.
“We were only able to make this happen through the efforts of Rick Games and the Elizabethtown-Hardin County Industrial Foundation, as well as the Kentucky Cabinet for Economic Development,” said Angela DiSimone, Structures USA CEO and Owner.
“Manufacturing is such a crucial component for our economic strength, and we’re excited that Structures USA has chosen the Commonwealth as the location of its new facility,” said Gov. Steve Beshear. “The 50 new jobs and $3.3 million investment show the company’s commitment to success, and the workforce and logistical advantages that Structures will find in the Elizabethtown area will only help grow the company’s future.”
As an incentive to encourage the investment and job creation in Elizabethtown, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $200,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“We are very excited and thrilled that Structures USA has decided to locate a manufacturing facility in Elizabethtown,” said Elizabethtown Mayor Edna Berger. “The manufacturing of steel tubular products used by utilities, private and public entities and industries is a welcome addition to our already diverse manufacturing base. It is Elizabethtown’s good fortune that this company will be bringing these jobs to our community, and we are glad to have the opportunity to show them we have an eager, skilled and qualified workforce.”