| ||||||||||
 
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... 
|
Nemak adding 170 jobs with Glasgow expansion By Crystal Staley/Jack Mazurak Frankfort, KY - Today, Gov. Andy Beshear announced even more growth for Kentucky's automotive industry, as Nemak USA Inc., a manufacturer of innovative lightweight products for powertrain, e-mobility and structure applications, will create 170 well-paying jobs with a $27 million expansion of its Nemak Kentucky operation in Glasgow to support future electric vehicle-related business. "The growth of our automotive industry during this record-breaking year for economic investment has been remarkable, and we are seeing more companies increase their focus on EV-related products," Gov. Beshear said. "Nemak's expansion will not only add to that growth, but also create a significant number of high-wage jobs for residents in Barren County and the surrounding region. I applaud Nemak's decision to expand and look forward to many more years of success for the company in the commonwealth." Nemak's investment will support building upgrades and new, state-of-the-art equipment at its facility on Prestwick Drive. The expansion will support new EV-related business and better position the operation for future contracts. The project also will increase the company's training efforts for current and new employees in partnership with Southcentral Kentucky Community and Technical College and Western Kentucky University. Company leaders expect production of new parts to begin in early next year, with full production slated for Q3 2022. The company operates a second facility in Glasgow on American Avenue. Nemak has operated in Barren County since 2012. "Nemak is rapidly increasing our EV-related programs in order to support our customers in their mission for an all-electric future and a more sustainable mobility," said Luis Pena, Nemak business unit director, USA. "Having the opportunity to expand our footprint at an existing plant aligns strongly with our commitment to our people and the communities in which we operate." Established in Mexico in 1979, Nemak manufactures innovative lightweight products for powertrain, e-mobility and structure applications for the automotive industry. Nemak Kentucky supports other companies in the state, as 20% of its spending in 2020 went toward products sourced from suppliers in the commonwealth. In addition to its Kentucky presence, Nemak has U.S. locations in Alabama, Michigan, Tennessee and Wisconsin. The company employs over 22,000 people at 38 facilities in 15 countries. To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) last week preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2.5 million in tax incentives based on the company's investment of $27 million and annual targets of:
In addition, Nemak can receive resources from Kentucky's workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives. This story was posted on 2021-11-03 12:47:20
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Christmas in Columbia 2021 kicks off with Dec 4 parade COVID-19 News Brief & Vaccination Update 11/02/2021 Mostly cloudy today, high 50F 7-County Area Courts for Wed 3 Nov 2021 CPD announces fundraiser calendar partnership What to do with a skunk? Senator Wise issues No-Shave November Challenge Gov. Beshear: Booster shots open to all Kentuckians Boil Water Advisory: Woody/Frazier/Guardian Submit art now for next rotation in State Capitol exhibit View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
 Provided by the Adair Co Fiscal Court and the Adair Co. Emergency Mgt. Agency 
|
||||||||
|
| ||||||||||
|
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
|
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
| ||||||||||
