Wright-Mix Material Solutions will invest $8.5 million in a production facility at the river port in Wurtland, Kentucky. The company plans to create 130 full-time jobs.
The company uses state-of-the-art blending equipment and robotics to provide customers with a variety of products including; liquid based chemicals, non-shrink grouts, thin-skin liners, gunite, shotcrete and cement-based products.
Wright-Mix will renovate an existing building at the Greenup/Boyd Riverport at Wurtland, increasing its size to 80,000 square feet and preparing it for fully automated toll blending and bagging operations. The company will also build storage facilities to house raw materials and finished products. Work is scheduled to begin in August and the facility could start operations by January.
“We feel the location fits our distribution needs and the 50-acre size of this property will allow us to grow our multiple companies going forward,” said Shannon Wright, President & CEO.
Wright-Mix will receive raw materials via barge, rail and truck and ship its finished products by truck and train. Company owners noted access to the Ohio River and to rail service as determining factors in the decision to locate in Greenup County. A nearby quarry also played an important role in the site selection process.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in June preliminarily approved the company for tax incentives up to $1.5 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets. In addition, Wright-Mix can receive resources from the Kentucky Skills Network.
“By expanding into a new location in Greenup County, Wright-Mix will grow its parent company’s home-state economic impact and employment while reaching new customers across Kentucky’s borders,” Governor Matt Bevin said. “This project showcases many of the advantages the commonwealth offers to manufacturers, a central location, outstanding shipping and logistics infrastructure and the availability of raw materials and talent."