Certified Flux Solutions and Corvac Composites Bring 87 Jobs to Morgantown, Kentucky
CFS services the secondary aluminum industry. It will build a 20,000-square-foot facility in Morgantown, Kentucky that will initially employ 10 people, and ultimately employ 12 workers within eight years. The construction represents an investment of $863,000.
"The shareholders of CFS are from this area, so we know firsthand the quality of the workforce this region offers," said Lisa Shemwell, CFS president.
Corvac produces plastic parts primarily for the automotive sector. It will invest $8.1 million in a second, 93,750-square-foot Morgantown facility. The company plans to hire 75 people.
"Corvac has enjoyed great success in Morgantown despite a challenging economy," said John Huber, Corvac plant manager. "When expansion became necessary, we considered several options, but our ongoing positive experience and the incentives available ultimately made Butler County the best choice."
CFS and Corvac will receive tax incentives from the Kentucky Economic Development Finance Authority for up to $300,000 and $2 million, respectively.
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