Kentuckiana Curb Expands Louisville, Kentucky, Operations
KCC will build a 300,000-plus-square-foot facility at 2706 Blankenbaker Rd. in Louisville to house corporate offices and manufacturing space.
The company purchased approximately 20 acres of undeveloped property for the new operation in response to growing market demand. Production at the new facility will include the design and manufacture of HVAC equipment and sheet metal products. KCC currently employs 512 people at its existing facility in Louisville.
“KCC is extremely excited to further its partnership with the Commonwealth of Kentucky and Louisville Forward by committing to the construction of a brand new facility here in Louisville,” said Tony Balbach, CFO at KCC. “We are proud to be an organization which can attract the best of the best in terms of skilled labor and manufacturing expertise. The support offered by the commonwealth and the city of Louisville will enable KCC to continue to offer the brightest career opportunities in manufacturing and maintain its stronghold as a leader in the industry.”
KCC established its headquarters in Kentucky in October 1979 and also operates a facility in Tooele, Utah. The company supplies a range of products for the HVAC industry. KCC designs and manufactures commercial heating and air conditioning equipment focused on improved indoor air quality, as well as proprietary technology for indoor agriculture applications. Other products include metal and conventional roof curbs, stainless steel gutters, skylights, smoke vents, roof hatches, walkways and other roof products.
“We are thrilled to see KCC Manufacturing grow its footprint in the commonwealth with an additional facility in Louisville, nearly doubling the company’s workforce,” Governor Matt Bevin said. “Kentucky’s world-class workforce is consistently a deciding factor in businesses’ decisions to expand in our state, and KCC will find talented, dedicated employees to fill these positions. We are grateful for KCC’s continued commitment to the commonwealth, and we congratulate them on 40 years of success in the Bluegrass State.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority on Thursday preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $6.5 million in tax incentives based on the company’s investment of $50 million and annual targets of Creation and maintenance of 400 Kentucky-resident, full-time jobs across 10 years.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
Additionally, KEDFA approved KCC for up to $500,000 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. KCC can also receive resources from the Kentucky Skills Network.
2021 Gold & Silver Shovel Awards Project of the Year: CREE Wolfspeed’s Wafers Key to Charging of EVs
Latest Trends in the Industrial Real Estate Sector Here to Stay
A New Approach to Energy Savings for Your Next Manufacturing Plant
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Where's the Talent: Jobs Outlook in the Fastest Growing U.S. Cities
A Revitalized Vision for the Corporate Campus