Kentucky Chrome Works Expands Its Hart County, Kentucky, Manufacturing Plant
KCW and its partners were recently designated as the sole suppliers of bright chrome wheels to the Corvette Assembly Plant through model year 2020. To meet this new demand, the company plans to build a 20,000-square-foot warehouse next to its current facility on Bluegrass Avenue. The added space will support KCW’s polishing and chrome plating operations.
“KCW is most grateful to Governor Beshear, the Kentucky Cabinet for Economic Development, the Hart County Industrial Authority and city and county officials for their continuous support of KCW and our mission to provide meaningful opportunities to the citizens of southcentral Kentucky,” said company President and Owner Ray Carcione. “Over the course of the past year, KCW has invested over $300,000 in new capital equipment to support the expansion of our operations. KCW also has worked hard to help identify the educational needs of the regional business community and effect meaningful change in providing those resources on a local level.”
KCW began operations in Horse Cave in 2010. The company currently employs 59 full-time workers and 25 full-time equivalents, who will have the opportunity to become full time workers.
“In 2010, we were celebrating Kentucky Chrome Work’s arrival to the Commonwealth,” said Governor Steve Beshear. “Five years later – to the month – I’m pleased to be in Horse Cave again to celebrate the company’s announcement of a significant expansion. I want to congratulate KCW on its success and thank its management and employees for being a vital part of Kentucky’s thriving automotive industry.”
To encourage investment and job growth in Hart County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $425,000 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.
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