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Area Development - Site Selection, Facility Planning and Workforce Development

Paragon Metal Fabricators Plans Falmouth, Kentucky, Manufacturing Operations

04/12/2025
Muehlenkamp Properties Inc., doing business as Paragon Metal Fabricators, plans to establish manufacturing operations in Falmouth, Kentucky. The more than $6 million project is expected to create 40 jobs in Pendleton County.

The new facility will allow for increased production times as well as new machinery and operating capabilities, including sheet lasers, tube lasers and forming improvements.

“Our family is from Northern Kentucky, and we are proud Kentuckians,” said Bryan Muehlenkamp, president of Paragon Metal Fabricators. “We are grateful and excited about our continued growth in the commonwealth and expansion into the Pendleton County and Falmouth location. We will be able to utilize some of the talented and experienced workforce from Hammer Strength to immediately and seamlessly start manufacturing products. We are thankful for the state, Pendleton County and Life Fitness’ guidance, support and direction during this process. Pendleton County and Life Fitness worked together to keep manufacturing jobs in Falmouth. Paragon hopes to follow in Hammer Strength’s footsteps and be a valuable partner to the community and Falmouth continuing forward.”

To support the project the Kentucky Economic Development Finance Authority preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1 million in tax incentives based on the company’s investment of $6.175 million and annual targets of creation and maintenance of 40 Kentucky-resident, full-time jobs across 15 years; and paying an average hourly wage of $28, including benefits, across those jobs.

“Kentucky’s strength comes from our ability to persevere through challenges and continue to move forward,” noted Governor Andy Beshear. “Paragon Metal Fabricators will be a tremendous addition to the Falmouth community, bringing with them quality job opportunities and a boost to the local economy. I am glad to see this business grow here in the commonwealth and look forward to its continued success.”

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, Paragon can 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.

“The transition from Hammer Strength to Paragon Metal Fabricators is a significant step forward for Pendleton County,” added Pendleton County Economic & Tourism Development Director Tami Vater. “This investment not only restores jobs but introduces new positions, reinforcing our county as a great place for business and industry. We are thrilled to see this facility continue to serve as an economic driver and provide meaningful jobs for our community.”

Paragon Metal Fabricators specializes in sheet metal and structural fabrication for various industries, including aerospace, automotive, and construction. The company’s services include welding, precision machining, assembly, and finishing.

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