ShellTEch Eyes Ammo Casings Plant In Pulaski County, Kentucky
07/05/2017
The company is purchasing an existing 14,000 square-foot facility and 11 acres previously home to the contract manufacturer of SIG SAUER ammunition and will assemble NAS³ cases under a long-term contract from its parent company.
ShellTech’s new facility in Eubank will manufacture lightweight, nickel-alloy and aluminum NAS³ cartridge cases designed by its parent company, Shell Shock Technologies LLC of Westport, Connecticut.
The new operation will begin with assembling 9mm cases before adding 5.56 mm, .308, .45 ACP, 380 and .40 S&W cases along with a selection of other popular pistol and rifle calibers.
“Our new high-volume manufacturing facility in Eubank, Kentucky. will give us the scale necessary to accelerate the market introduction and commercialization of Shell Shock’s NAS³ case technology,” said Craig Knight, President & CEO of both Shell Shock Technologies and ShellTech.
“We’re extremely grateful for the support provided by the commonwealth of Kentucky, Pulaski County and the various regional and local development agencies. We appreciate their belief in Shell Shock’s technology, development plan and potential. We’re also looking forward to getting involved in, and giving back to, the local community,” he added.
“Kentucky welcomes this investment by ShellTech, the newest member of our state’s booming engineering and manufacturing sector,” Governor Matt Bevin said. “Their decision to locate in the commonwealth and bring excellent jobs to our communities, reflects positively on our state. I am grateful for their site selection and look forward to their success in the months and years ahead.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in June preliminarily approved the company for tax incentives up to $800,000 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, ShellTech can receive resources from the Kentucky Skills Network.
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