Ireland-Based Portwest To Establish Distribution Center In Shepherdsville, Kentucky
The company expects the Shepherdsville operation to open new markets throughout North America, adding to its extensive distribution network in Europe and Africa. Portwest plans to be operational by early 2015.
“Portwest has specialized in safety clothing and footwear for over 100 years,” said Harry Hughes, Portwest’s Managing Director. “We are delighted to start a new branch in Kentucky, which is centrally located for distribution and business friendly. We look forward to growing our company in the U.S. and working with local communities in creating long-term employment.”
“I’m very excited Portwest chose Kentucky as its entryway into the U.S. market. This is yet another great example of Kentucky being at the forefront of international commerce,” said Governor Steve Beshear.
To encourage the investment and job growth in Bullitt County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $1 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.
““We are pleased that Portwest LLC chose Bullitt County as its first location for business in North America, which speaks volumes about the quality workforce and location our county offers to business and industry,” said Rep. Russell Webber, of Shepherdsville. “This is yet another example of the hard work being done on the state and local levels to market Bullitt County as an outstanding place to do business.”
“Over the past five years, Bullitt County has been fortunate to attract many national companies and it is very appropriate on St. Patrick’s Day that we welcome an Irish company to our community,” said Bullitt County Judge-Executive Melanie Roberts. “We are pleased that Portwest chose Bullitt County for its first distribution facility in the United States. Economic development is a top priority for our county and increasing the number of jobs and the overall wage rate is very important.”
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