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DuPont Investing $100 Million for Plants in Kentucky, North Carolina

Area Development Online News Desk (08/21/2009)
DuPont will invest $100 million to expand its production of Tedlar, a plastic polymer used in photovoltaic solar panels, at facilities in Kentucky and North Carolina. The company says in a statement that it will invest $45 million to add 78,000 square feet to its existing facility in Louisville, Kentucky. "The decision to expand the Tedlar monomer facility is great news for our site team and the Louisville community," says Gerald Thomas, Louisville plant manager. "We are most appreciative of the company's continuing confidence in the commitment and capability of our Louisville team." Tthe Louisville Courier-Journal says the company plans to add six new jobs and has been approved for state tax credits, but that at least nine additional jobs must be created for DuPont to be eligible for those credits. DuPont will invest $55 million to build a new facility at its campus in Fayetteville, North Carolina; the North Carolina governor's office says 10 new jobs will be created at an average annual salary of more than $36,000. "The decision to build this new Tedlar facility at our site is great news for our employees and the community of Cumberland-Bladen County," says Karen Wrigley, Fayetteville plant manager. "It shows that our site continues to be viewed favorably by the company as a place to invest, and the support from the One North Carolina Fund further validates the great long-term relationship DuPont has had with the state." The governor's office says DuPont will receive a $50,000 grant, contingent on job creation. The company says both new facilities are scheduled for startup in mid-2010.
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