Halton Expands Allen County, Kentucky, Operations
05/24/2023
The investment will include an additional 50,000-square-feet which will allow for a research and development lab specifically for the air moving product line. Manufacturing space will be added as well to support the overall growth of the business.
“Kentucky has been a great home for our U.S. operations for more than 30 years,” said Mika Halttunen, chairman and owner of Halton Group. “We are excited to continue growing our team and facilities including setting up a new Innovation Hub and laboratory. This will enable us to provide the highest quality innovative air-handling products for the domestic U.S. commercial kitchen ventilation market and also to export those to the rest of the Americas, Middle East and Asia Pacific.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $600,000 in tax incentives based on the company’s investment of $7.45 million and annual targets of creation and maintenance of 60 Kentucky-resident, full-time jobs across 10 years, and paying an average hourly wage of $21 including benefits across those jobs.
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, Halton Company 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.
“We continue to see incredible growth and momentum within some of the largest industries in our great state,” noted Governor Andy Beshear. “I am thrilled to see a company like Halton expand and grow its operation in Allen County and further strengthen Kentucky’s manufacturing sector. I look forward to Halton’s continued success in the commonwealth and want to thank its leadership as well as local and state officials who helped make this project a reality.”
Halton Group is the global technology leader in indoor air solutions for demanding spaces. The company develops and provides solutions for commercial and public premises, healthcare institutions and laboratories, professional kitchens with kitchen ventilation and restaurants as well as energy production environments and marine vessels.
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