employment opportunities 300PADUCAH, Ky. (6/25/13) – Governor Steve Beshear today participated in a groundbreaking for Whitehall Industries, which plans to create 150 jobs in Paducah and invest nearly $13 million in the project. The company manufactures aluminum components for the automotive industry.
“Kentucky is gaining a well-deserved reputation as a powerful engine for the automotive industry, and companies such as Whitehall Industries are a crucial part of that success,” said Gov. Beshear. “We’re excited to see 150 new jobs and a nearly $13 million investment in the Commonwealth, and we welcome Whitehall to Paducah.”
Kentucky’s automotive industry employs nearly 80,000 people at more than 450 motor vehicle-related facilities. The Commonwealth produced more than a million vehicles in 2012, putting Kentucky fourth in the nation in light vehicle production.
First established in 1974, Whitehall Industries began as a manufacturer of precision components for the copier industry. The company expanded into aluminum operations, growing into an industry leader in the manufacturing of automotive sunroof tracks. In 2010, Michigan-based SRS Industries LLC acquired Whitehall Industries.
The new facility will be built on Commerce Drive in Paducah, and will produce high quality and cost effective precision aluminum extrusions and machine fabricated components for the automotive industry. Due to fuel efficiency standards, the company plans to meet the demand of automakers to design more automobiles with aluminum.
“American manufacturing is the cornerstone of our economy, which creates real wealth for our nation and jobs for our people,” said Yogen Rahangdale, Whitehall Industries president and CEO. “I would like personally to thank the leadership of the Commonwealth of Kentucky, McCracken County, the city of Paducah and the Economic Development Corporation for making this project possible. This new location will allow Whitehall to grow profitably, providing jobs and other benefits to the local community.”
To encourage the investment and job creation in Paducah, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.5 million 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.
“This is great news for Paducah and Kentucky, the intersection of two of our signature industries: aluminum and automotive manufacturing,” said Sen. Bob Leeper, of Paducah. “I am so pleased that our community can contribute to the resurgence of Kentucky industry.”
“I’m very excited and encouraged that Whitehall Industries is making such an important investment in our community,” said Rep. Gerald Watkins, of Paducah. “I hope we see many more partnerships like the one that helped bring this wonderful corporate citizen to Paducah.”
“This announcement, thanks to partnership between the Commonwealth, Paducah Economic Development, and McCracken County, comes at a critical time for Paducah-McCracken County and the surrounding area,” said Paducah Mayor Gayle Kaler. “Folks will have an opportunity to find good employment opportunities with Whitehall.”
“Whitehall is exactly the type of manufacturing company that any community in the United States would welcome with open arms,” said McCracken County Judge-Executive Van Newberry. “We are honored that they chose McCracken County.”
For more information on Whitehall Industries, visit www.whitehallindustries.com.
McCracken County has also been certified by the Kentucky Workforce Investment Board as a Work Ready in Progress Community. The certification is an assurance to business and industry that the community is committed to providing the highly skilled workforce required in today's competitive global economy.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky. Watch the Cabinet’s “This is My Kentucky” video at www.YouTube.com/ThinkKentucky.
A detailed community profile for Paducah (McCracken County) can be viewed at http://www.thinkkentucky.com/community.aspx?county=McCracken.
SurfKY News
Information provided by the office of Gov. Steve Beshear

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Weather Sponsored by

In Other News...

MCCH Hospice Education Program Set for Dec. 15, 2015

MURRAY, Ky. (11/23/15) — The Murray-Calloway County Hospital Hospice program will be hosting an educational event on… Read More

Most Read This Week

November 20, 2015 9470

Dispatchers Overhear Drug Activity during…

by SurfKY News
November 21, 2015 8432

Injuries Result from Beulah Road Accident

by Doreen Dennis, SurfKY News
November 24, 2015 7779

Distillery to Operate in Old Graham School…

by SurfKY News
November 23, 2015 7012

Relative Charged with Murder, Arson in Deaths of…

by SurfKY News
November 20, 2015 4019

Dawson Springs Woman Dies in House Fire

by SurfKY News

Most Read This Month

November 17, 2015 14451

Ohio County Most Wanted - Top 10 - November 17

by SurfKY News
November 18, 2015 14080

Runaway Teen Returns on His Own

by SurfKY News

Stories Trending Now

November 24, 2015 7779

Distillery to Operate in Old Graham School…

by SurfKY News
November 24, 2015 3509

Ohio County Most Wanted - Top 10 - November 24

by SurfKY News
November 24, 2015 2554

Man Injured When Vehicle Collides with Deer

by SurfKY News
November 24, 2015 1419

New Information on String of Break-ins, Thefts

by SurfKY News
November 24, 2015 1089

Wet/Dry Petition for Beaver Dam Submitted

by Lee Bratcher, SurfKY News
November 24, 2015 1055

Madisonville Police Reports Released

by SurfKY News
November 24, 2015 816

Beshear Signs Executive Order Restoring Some…

by SurfKY News
November 23, 2015 786

Providence Police Reports Released

by SurfKY News
November 24, 2015 550

House Republican Leader Takes Issue with…

by SurfKY News
November 24, 2015 532

Sen. Rand Paul Responds to Conflict within…

by SurfKY News