Zeon Chemical Invests $3.5M in Louisville, Kentucky Rubber Facility
08/11/2010
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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