MVR Opens New Frankfort, Kentucky Facility, Will Hire 360
08/18/2010
"We are pleased to call the Commonwealth of Kentucky and the city of Frankfort the newest home of our world-class manufacturing operation," said Ronald Whaley, president and CEO of MVR. "We have been blown away by the outpouring of support we've received on all levels, from economic funding to the community's response to our employment opportunities. We look forward to growing each one of those relationships in the many years to come."
MVR produces plastic resin for consumer goods manufacturers. The environmentally-friendly process uses plastic waste for raw material, saving 275,000 barrels of oil for every 50 million pounds of resin processed.
The Kentucky Economic Development Finance Authority has pre-approved MVR for tax benefits up to $1 million through the Kentucky Business Investment program. The Department for Local Government has also approved a $1 million Community Development Block Grant. Those funds will be used for equipment.
Project Announcements
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024