Japanese Auto Components Maker Investing $8.8 Million in New Kentucky Plant
11/22/2011
Daicel manufactures inflator components used in the automotive industry. Its new 35,000-sq.-ft. facility will be built in the Bluegrass Crossings Business Centre. Construction is expected to begin immediately and should be completed by June 2012.
The Kentucky Economic Development Finance Authority preliminarily approved Daicel for tax incentives up to $350,000 through the Kentucky Business Investment program. The performance-based incentives are based upon the company meeting job and investment targets. The company also was approved for tax benefits up to $50,000 through the Kentucky Enterprise Investment Act.
"Daicel Safety Tube Processing is exactly the kind of creative company that we want to recruit to enhance our position as a prime location for innovative business and industry," said Sen. Jerry Rhoads of Madisonville, KY
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
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
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024