Budge Industries Expands Its Henderson County, Kentucky, Manufacturing Hub
09/02/2014
The expansion of the 75,000-square-foot facilities will allow Budge Industries to handle increased volume of its new Corrode Blok and Thermal Blok protective covers. In addition to the new jobs, the company will add automated pattern and cutting operations, ultrasonic welding equipment and other technology to support the new lines. The company also will expand into a new distribution facility.
“We are very excited to announce our plans for expansion at our current facility in Henderson,” said Jim Thompson, Budge Industries’ COO and CFO. “Our need to expand operations was immediate as a result of our Made in USA initiative and our new Corrode Blok and Thermal Blok line of protective covers. We are delighted to remain a part of the Henderson community and look forward to supplying an additional estimated 37 new jobs and having a positive impact to the region for years to come.”
Budge Industries is one of the most recognizable names in vehicle protection. The company manufactures and distributes protective coverings for cars, trucks, motorcycles, RVs, boats and patio furniture. Budge Industries’ products can be found in more than 25,000 retail stores in the U.S. and Canada.
“I’m pleased to celebrate Budge Industries’ expansion and the creation of these new jobs,” said Governor Steve Beshear. “Through our top-notch workforce and centralized location, Budge Industries has found great success in Kentucky. I want to thank the company for its investment, and I look forward to the positive impact on our local families.” Next year, Budge Industries will celebrate its 75th year in business and its 20th in Henderson.
To encourage the investment and job growth in Henderson, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $200,000 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.
Project Announcements
Geartek Expands Corinth, Mississippi, Production Operations
05/03/2024
Bekaert Expands Van Buren, Arkansas, Production Operations
05/03/2024
ESS Technologies Expands Montgomery County, Virginia, Operations
05/02/2024
Martin’s Famous Potato Rolls and Bread Expands Franklin County, Pennsylvania, Operations
05/02/2024
StandardAero Expands Augusta, Georgia, Operations
05/02/2024
Nextracker-JM Steel Expand Leetsdale, Pennsylvania, Operations
05/01/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 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
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024