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Tyson Foods breaks ground for new bacon plant in BG $355 million facility will produce Wright and Jimmy Dean brand bacon By Crystal Staley/Brandon Mattingly Frankfort, KY - On Wednesday, February 2, 2022, Gov. Andy Beshear joined leaders from Tyson Foods and local officials in Warren County to break ground on Tyson's new $355 million bacon production facility, which will create 450 jobs and meet growing demand for the company's iconic Wright and Jimmy Dean brands. Officials broke ground on the 400,000-square-foot manufacturing operation in the Kentucky Transpark, which represents the single largest investment in a new facility in Bowling Green. The new Tyson location will produce Jimmy Dean and Wright brand bacon, known globally for its hand trimmed and thick cut, real wood smoked bacon. The new facility is expected to create 450 jobs with production beginning in late 2023. "Tyson Foods announced this tremendous investment in Warren County just over three months ago, and I am thrilled to join the company's leaders for today's groundbreaking as they quickly move forward with the project," Gov. Beshear said. "This commitment to create hundreds of jobs in Bowling Green is amazing news for the workforce throughout the region and builds on Tyson's already impressive presence in our state. I look forward to our continued growth together." "This is a historic day for Tyson Foods as we invest to meet the continued growth of our iconic Wright and Jimmy Dean brands," said Noelle O'Mara, group president of Prepared Foods for Tyson Foods. "We're grateful for the opportunity to build on our successful relationship with the state of Kentucky and look forward to contributing to the community in Bowling Green and Warren County." To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in October 2021 preliminarily approved a performance-based incentive agreement with the company under the Kentucky Business Investment program. Additionally, KEDFA approved Tyson for tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing. By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, Tyson 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 2022-02-03 08:32:09
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