Alpla Inc To Invest $22.4 Million To Establish Production Facility In Bowling Green, Kentucky
02/12/2013
With a diverse range of customers, Alpla products include packaging for everyday items such as beverages, motor oils, cleaning supplies and other brands. “Alpla is not a household name here in Kentucky, but the products the company manufactures are in nearly every home in the Commonwealth,” said Gov. Steve Beshear. “This global company makes a wide variety of packaging, and we’re excited Alpla is here in the Commonwealth, creating 72 jobs and investing more than $22 million in this project.”
First established in Austria in 1955, Alpla has grown into a global company with approximately 13,000 employees at 148 sites in 39 countries. “We are pleased to be expanding our manufacturing operations in Kentucky,” said Jodok Schaeffler, president of Alpla North America. “We appreciate the support from the community and the dedicated employees from Cabinet for Economic Development in making this expansion possible.”
As an incentive to encourage the investment and job creation in Bowling Green, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.92 million 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.
KEDFA also approved Alpla for tax benefits up to $81,000 through the Kentucky Enterprise Initiative Act, which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
“This announcement is one more example of the attractiveness of our region for new companies,” said Bowling Green Mayor Bruce Wilkerson. “Alpla is demonstrating its confidence in our community by locating here, and we are eager to help the company grow here.”
“It’s another great day for South Central Kentucky when we can announce a new company joining our community,” said Warren County Judge-Executive Michael Buchanon. “As an addition to the Kentucky Transpark, Alpla is demonstrating its commitment to economic success in the region, and we congratulate them on their decision.”
Warren County has also been certified by the Kentucky Workforce Investment Board as a Work Ready Certified Community. The certification is an assurance to business and industry that the community is committed to providing the highly skilled workforce required in today’s competitive global economy.
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