Homecare Products Expands Morganfield, Kentucky, Production Plant
The investment will allow EZ-ACCESS to lease an additional 13,100-square-foot facility in Union County near its current operation, and purchase new equipment for increased manufacturing capacity. The company will relocate manufacturing and assembly operations of its Power Access products from another facility, as well as establish a production line for the Passport porch lift.
Positions to be created through the expansion include welders, production assemblers, warehouse employees and material handlers. The investment also will cover the cost of facility upgrades, such as increased lighting, improved wiring, added security features and an additional parking and truck dock area. Work on the expansion is expected to begin in early 2018 and be completed by midyear.
“There continues to be a joint commitment to growing business in Kentucky and bringing more jobs to both Union County and the City of Morganfield,” said Don Everard, CEO of Homecare Products. “We will continue to seek more ways to expand our operations, and believe in the support of the state, county and city, as well as our many hard-working and dedicated employees.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $120,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Homecare Products can receive resources from the Kentucky Skills Network. Homecare’s EZ-ACCESS operation has been located in Morganfield since 2007 and currently employs 37 people.
“Homecare Products has been a major part of the corporate community in Union County for the past decade,” said Governor Matt Bevin. “This company provides a great and necessary service to those with limited mobility. Their latest expansion is evidence that Homecare Products made the right decision when they chose to locate the EZ-ACCESS operation in Kentucky. We are grateful for this continued confidence in the commonwealth and look forward to many years of additional growth.”
PennyMac Financial Services Establishes Cary, North Carolina, Mortgage Fulfillment Center
Trends in Office and Industrial Parks
Another Look at Rural Economies
Supply Chain Execs Respond as Pandemic Creates E-Commerce Surge
Recruiting and Retaining Today’s Manufacturing Workforce
Workforce Q4 2020
The Future of the Workforce Is a “Better Normal”
Workforce Q4 2020
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List