BE&E Parent Company Announces $16.2 Investment In Kentucky Plant
Floyd Holdings has announced a collaboration with the Commonwealth of Kentucky and BE&E’s Greenville Manufacturing operation, whereas BE&E will partner with the state to invest in the expansion of the current operation. When completed the facility will occupy more than 84,000 sq. ft. of production space located on more than 25 acres. The Greenville Manufacturing facility will be the first occupant in Muhlenburg County’s new Industrial Park.
The Greenville Manufacturing expansion will create nearly 250 new jobs over the next five years. A welcome reprieve, as job stability in the region has taken a hit in recent years.
According to Floyd Holdings CEO Dane Floyd, “Our companies have experienced incredible growth, and we had to decide where to grow next. Starting almost from day one in Greenville, the outreach and support of local leaders like Mack McGehee (County Judge/Executive) and Ray Hagerman, (Executive Director, Muhlenberg Economic Growth Alliance) have reinforced what a great community we have been welcomed to. Great employees, forward-thinking local leaders, great training facilities, and support from the Commonwealth of Kentucky, and Governor Andy Beshear’s office made my decision easy.”
The expansion will establish better workflow, invest in newer purposeful equipment, and skilled craftsmen. The expansion increases BE&E’s capacity to tackle existing projects, and is mindful of accommodating larger builds.
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