Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster
Davis Motor Sales banner ad

Gov. Beshear Breaks Ground for Whitehall Industries in Paducah; Company Creating 150 Jobs

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

© Copyright 2014 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 by using one of the social media links below.

In Other News...

Special Buffets in October at Lake Barkley State Resort Park

CADIZ, Ky. (9/17/14) — If you're looking for an outstanding dining experience, Lake Barkley State Resort Park has two… Read More

Benton Middle School Spirit Day

BENTON, Ky. (9/17/14) — Benton Middle School held their first Spirit Day Sept. 16 to recognize all students… Read More

Most Read This Week (Site-Wide)

September 15, 2014 5342

Man Accused of Stealing Rural King…

in Top Stories by MCSO PIO Alex Piper
September 15, 2014 5060

Man Accused of Stalking Woman During Her…

in Top Stories by GPD PIO Wes Miller
September 16, 2014 3983

Postal Worker Arrested for Terroristic…

in Top Stories by GPD PIO Wes Miller
September 17, 2014 2851

Wanted Man Leads Troopers on Chase…

in Top Stories by Trooper Stu Recke
September 17, 2014 2819

Two Arrested for Meth After Traffic Stop

in Top Stories by Alex Piper

Most Read Stories from Hopkins County

September 17, 2014 2851

Wanted Man Leads Troopers on Chase…

in Top Stories by Trooper Stu Recke
September 15, 2014 2382

Man Arrested for DUI, Carrying Concealed…

in Top Stories by Madisonville Police Department
September 15, 2014 2255

Man Arrested for Being Under Influence of…

in Top Stories by Madisonville Police Department
September 17, 2014 1879

Three Injured in Two-Vehicle Accident

in Top Stories by Kyle Pharris
September 18, 2014 1477

Manitou Man Charged with DUI

in Top Stories by Madisonville Police Department

Most Read Stories from Owensboro

September 15, 2014 1583

Owensboro Convention Center Announces…

in News by Madison Strobel
September 15, 2014 1278

Marian Retreat Oct. 18-19

in News by Jennifer Kaminski
September 15, 2014 1160

Parking Committee Meeting Location Change

in News by Beth Cecil
September 15, 2014 497

Owensboro Man Charged With Burglary,…

in Top Stories by Dennis Beard, SurfKY News
September 15, 2014 402

Owensboro Police Department Activity…

in Top Stories by Dennis Beard, SurfKY News

Most Read Stories from Muhlenberg County

September 15, 2014 5342

Man Accused of Stealing Rural King…

in Top Stories by MCSO PIO Alex Piper
September 15, 2014 5060

Man Accused of Stalking Woman During Her…

in Top Stories by GPD PIO Wes Miller
September 16, 2014 3983

Postal Worker Arrested for Terroristic…

in Top Stories by GPD PIO Wes Miller
September 17, 2014 2819

Two Arrested for Meth After Traffic Stop

in Top Stories by Alex Piper
September 14, 2014 2358

Three Injured in Single-Car Collision

in Top Stories by Robert LIttlepage

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 03social 04social 22social 21social 06