Germany-Based Balluff Inc. Invests $6 Million To Open Expanded U.S. Headquarters In Independence, Kentucky
09/16/2014
A worldwide automation supplier, Balluff specializes in products for industrial sensing, networking and identification devices. The company’s new 48,000-square-foot building will be a state-of-the art customer support, training, and sales and marketing center. The facility includes “green concepts” and worker-friendly features, such as access to daylight from all employee workspaces.
“We are extremely excited about the completion of our new state-of-the-art Customer Support Center,” said Kent Howard, President of Balluff. “We have seen tremendous growth over our 30 years in the U.S., and this new facility demonstrates our commitment to customer service excellence and will free up space in our existing building for increased production and logistics to continue our growth in North America.”
The company’s United States headquarters currently employs more than 150 people and has been located in Independence since 1983, with expansions in 1994 and 2001. The facility is the final assembly, distribution and training site for Balluff in the United States.
To encourage the investment and job growth in northern Kentucky, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $300,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
KEDFA also approved Balluff for tax benefits up to $150,000 through the Kentucky Enterprise Initiative Act, which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
“Balluff has found a successful home in northern Kentucky for more than 30 years,” said Governor Steve Beshear. “We’re proud to have the company’s U.S. headquarters in the Commonwealth. More and more companies are discovering that Kentucky is a great place to establish businesses of all sizes.”
“Balluff’s continued expansion in Independence is exciting for the company, city and our entire region,” said Independence Mayor Donna Yeager. “With production hours in the Kentucky facility expected to increase 140 percent by 2016, we congratulate Balluff on its success and pledge our city’s support for the company.”
“The company is producing high-tech electronics that are sent to customers around the world from northern Kentucky,” said Steve Arlinghaus, Kenton County Judge-Executive and chairman of Northern Kentucky Tri-County Economic Development Corporation. “Balluff’s expansion illustrates our strong, tech savvy workforce and central location.”
Project Announcements
Luna Labs USA Expands Charlottesville, Virginia, Operations
03/25/2025
Hyundai Steel Company Plans Ascension Parish, Louisiana, Manufacturing Operations
03/25/2025
EnerSys Expands Sumter, South Carolina, Production Operations
03/25/2025
Blackhorse Steel Works Plans Demark, South Carolina, Fabrication Operations
03/25/2025
Australia-Based Barrett Firearms Manufacturing Expands Rutherford County, Tennessee, Operations
03/25/2025
Lexicon Expands Little Rock, Arkansas, Headquarters-Fabrication Operations
03/25/2025
Most Read
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Forging Solid Foundations
Q1 2025
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
What to Make of the Rising Trend of Salary Transparency in Job Descriptions
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024