American Fuji Seal Invests $10 Million To Expand Bardstown, Kentucky Plant, Creating 45 Jobs
"Here's another shining example of a Japanese-owned business that has found success by locating its North American headquarters in Kentucky," Gov. Steve Beshear said. "We're thrilled to see American Fuji Seal succeed, expand its footprint in the Commonwealth, invest millions of dollars here and create dozens of full-time jobs for Kentuckians."
American Fuji Seal at 1051 Bloomfield Road is a division of the Fuji Seal International packaging company based in Osaka, Japan. Located southeast of Louisville, Kentucky, the company prints and manufactures sleeve, molding and insulating labels for product packaging. More than 460 employees currently work at the Bardstown facility.
"Fuji Seal is very excited and pleased to expand its manufacturing operations in Bardstown," said Fuji Seal Vice President of Operations Bruce Atcher. "This addition to our existing facility will allow Fuji Seal quickly to meet the growing expectations of our valued customers. We deeply appreciate the guidance and assistance provided by the Nelson County Development Agency and the Kentucky Cabinet for Economic Development. Bardstown has been a great location for our operations and Kentucky has created a great business climate for our continued success"
As an incentive to encourage the investment and job growth in Bardstown, the Kentucky Economic Development Finance Authority 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 term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
"We are proud to have a company like American Fuji Seal continually making substantial investments in our community," said Bardstown Mayor Bill Sheckles. "They exemplify what it takes to be a true corporate citizen in providing good-paying jobs and a great work environment for their people. We look forward to having them here for a long, long time."
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