Vista Metals Plans Bowling Green, Kentucky, Specialty Aluminum Operations
03/22/2024
The investment will include the construction of a new 75,000-plus-square-foot specialty aluminum products facility.
“We are excited to announce our new location in Kentucky, with a plan to bring over 50 new jobs to the area,” said Andy Primack, CEO of Vista Metals. “Bowling Green is a growing city with a strong industrial business base. Critical to our success is their proven track record of attracting qualified manufacturing talent, the close interaction between business and education and their long-term community development plan. We look forward to growing our business and contributing to this great community.”
The project is being supported by a 15-year incentive agreement under the Kentucky Business Investment program, approved by the Kentucky Economic Development Finance Authority. The performance-based agreement can provide up to $2.5 million in tax incentives based on the Vista Metals’ investment in capital and job creation.
Additionally, KEDFA approved Vista Metals for up to $500,000 in tax incentives through the Kentucky Enterprise Initiative Act. KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
“The growth of Kentucky’s metals sector is not slowing down anytime soon,” Governor Andy Beshear noted. “We have seen incredible investment across this industry in recent years, and Warren County has been among the leading communities for that growth. Thank you to the leaders at Vista Metals for this commitment to Kentucky. I look forward to seeing the business grow its presence in our state.”
In addition, Vista Metals is entitled to receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
“We are excited to welcome Vista Metals to Bowling Green,” added Ron Bunch, CEO of the Bowling Green Area Chamber of Commerce. “We highly appreciate their decision to choose our community for this exceptional project and extend our immense gratitude to our numerous partners, including Atmos Energy, TVA, Warren County Water District, Warren RECC, Scotty’s Contracting & Stone and our Presidents Club investors, for enabling us to succeed in such endeavors.”
VMC Specialty Alloys LLC (dba Vista Metals Georgia) operates under a licensing agreement with Fontana, California-based Vista Metals Corp. Along with Vista Progressive Metals LLC (a producer of aluminum lithium products), the group of companies manufacture specialty aluminum products supporting aerospace, commercial aircraft, defense, automotive and general industrial applications.
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