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Area Development - Site Selection, Facility Planning and Workforce Development

Zeon Chemical Invests $3.5M in Louisville, Kentucky Rubber Facility

08/11/2010
Zeon Chemical is investing approximately $3.5 million in its Louisville, Kentucky synthetic rubber facility. The company is a wholly-owned subsidiary of the Japanese Zeon Corp. It will use the funds to improve utility infrastructure and facility process controls.

The Kentucky Economic Development Finance Authority has offered Zeon approximately $1.75 million in tax incentives to support the project.

"We're grateful for the incentives approved by the KEFDA, which, combined with Zeon Chemicals' investment, will allow us to upgrade our Kentucky facility and maintain the manufacturing jobs this state needs," Zeon Chemicals CEO Tom Gettelfinger said.

The site also houses Zeon's U.S. headquarters, housing sales, marketing, research and development, and production. About 212 people are employed there. The facility produces specialty NBR and HyTemp polyacrylate rubber. The company also has facilities in Hattiesburg, Mississippi and Houston, Texas.

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