Vanderbilt Chemicals Expands Calloway County, Kentucky, Manufacturing Complex
07/18/2017
The facility provides dried, purified and finished smectite and bentonite clay used in pharmaceutical, personal care, agri-science, ceramics, household items and other products. Vanderbilt’s expansion in West Kentucky includes the addition of a new spray drying system and a new building to house this equipment. Company executives expect to complete the project in early 2019. Currently, the company employs 97 people at the Murray facility.
“Vanderbilt Chemicals has long enjoyed being a part of this great and growing community,” said Richard Davis, vice president at the Murray operation. “The support from local officials, neighbors and the commonwealth has been an important part of the decision to further expand our operations in this area and provide additional employment opportunities for people in our area.”
“This growth by Vanderbilt Chemicals is evidence that a key Kentucky industry continues to flourish,” said Governor Matt Bevin. “In today’s world, the chemicals industry fundamentally supports our daily lives, and Kentucky is proud that companies like Vanderbilt, a member of our corporate community since 1969, choose to locate and prosper here. I wish the company well going forward and hope to see even more growth in the future.”
The Kentucky Economic Development Finance Authority (KEDFA) in May approved Vanderbilt for up to $100,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing. In addition, Vanderbilt can receive resources from the Kentucky Skills Network.
Project Announcements
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Firestone Industrial Products Expands Dyersburg, Tennessee, Operations
04/18/2024
Samsung Electronics Expands Taylor, Texas, Chip-Manufacturing Operations
04/18/2024
OMCO Solar Plans Huntsville, Alabama, Production Operations
04/18/2024
Martco-RoyOMartin Upgrades Allen Parish, Louisiana, Operations
04/18/2024
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
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
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