Ferus Breaks Ground on Jenkins, Kentucky Liquid Nitrogen Plant
06/24/2010
"This is a historic day for our company as we initiate our new business model in the United States and begin constructing the first of hopefully many new plants and operational bases in the region," said Dick Brown, president and CEO of Ferus. "The state and local officials in Kentucky have been incredibly supportive of our efforts and we are grateful."
The Kentucky Economic Development Finance Authority (KEDFA) has preliminarily approved Ferus for tax incentives up to $2 million through the Kentucky Business Investment program. Ferus was also approved for tax benefits up to $192,000 through the Kentucky Enterprise Initiative Act.
The facility is expected to be in operation by the end of 2011 and can produce up to 200 tons of liquid nitrogen a day.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024