Bremner Expands Kentucky Plant
03/05/2010
Bremner, which opened in Princeton in 1993, currently employs 600 people. It will increase the size of its existing facility from 700,000 to 900,000 square feet, and its land holdings from 42 to 65 acres.
"We have a very successful plant, and it makes sense to build upon that success," said Steve Smith, Vice President of Human Resources at Ralcorp Holdings, which owns Bremner. "As we considered other variables in terms of partnering, the local government and community have been very supportive of our presence there, and state of Kentucky. Those factors all drove the decision."
The Kentucky Economic Development Finance Authority has preliminarily approved Bremner for tax benefits up to $5 million under the Kentucky Business Investment Program. The incentive, up to $500,000 annually, can be earned over 10 years through corporate income tax credits and wage assessments.
Project Announcements
Huber Engineered Woods Plans Shuqualak, Mississippi, Manufacturing Plant
06/09/2023
Gaffney Bakery Plans Gaffney, South Carolina, Frozen Bakery Products Plant
06/09/2023
Itron Establishes West Union, South Carolina, Center Of Excellence
06/09/2023
Devele Establishes Butte, Montana, Manufacturing Plant
06/09/2023
Manner Polymers Plans Mount Vernon, Illinois, Manufacturing Plant
06/09/2023
Purolite Establishes Landenberg, Pennsylvania, Global Biologics Division
06/08/2023
Most Read
-
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
Q2 2023
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023