| ||||||||||
 
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... 
|
German Automotive Supplier iwis opens operations in Murray, KY Facility is company's first location in the U.S. The company is Kentucky's most recent addition to an already dynamic and vibrant automotive industry, comprised of more than 460 motor-vehicle related establishments. Those facilities, which include four major auto assembly plants, employ 85,000 people across the state. Story important because growing Kentucky auto industry and South Central Kentucky's strategic location smack dab in the middle of it By Joe Hall News from Gov. Beshear's Communications Office MURRAY Ky. (Fri 6 Mar 2015) - Governor Steve Beshear joined company and local officials to celebrate the opening of German automotive supplier iwis in Murray. iwis (pronounced ee-vis and written in lowercase) will create 75 new, full-time jobs and invest more than $12.5 million in the Commonwealth. "We are very excited to celebrate iwis and the opening of its first U.S. facility," said Gov. Beshear. "The fact that world-class companies continue to choose Kentucky as the destination for their global operations speaks volumes for the pro-business climate and workforce quality we have to offer. There's no doubt that iwis will do big things in Kentucky for years to come." The 119,000-square-foot facility, located off U.S. Highway 641 North in Murray, will manufacture timing drive systems for engines. iwis is currently working on projects with several motor vehicle manufacturers, and the start of production is planned for this summer. The company first announced its move to Kentucky in 2012, several months after Gov. Beshear met with iwis officials in Germany. iwis began hiring employees earlier this year and will continue to do so through 2016. "Murray was chosen as the new iwis location in the U.S. because we found there some very interesting and good advantages," said Johannes Winklhofer, iwis managing partner. "Kentucky has a very professional infrastructure, qualified people for a high-tech production company and highly motivated local authorities. Gov. Beshear visiting iwis in Germany also played a big role in our decision." Formed in Germany in 1916, iwis, a family-owned company, first began with success in the production of bicycle chains. It eventually became the iwis Group, a global technology leader in high-quality automotive and industrial chains. The company now has more than 1,000 employees at 22 facilities worldwide. The company is Kentucky's most recent addition to an already dynamic and vibrant automotive industry, comprised of more than 460 motor-vehicle related establishments. Those facilities, which include four major auto assembly plants, employ 85,000 people across the state. The location of iwis also adds to Kentucky's success in attracting foreign direct investment. Kentucky is home to more than 430 internationally based companies, including 175 from Europe. Last year, nearly a third of all new investment and 20 percent of jobs announced in the state was a result of foreign direct investment. "Our state has become a leader in automotive supplies manufacturing," said Sen. Stan Humphries, of Cadiz. "To see yet another international company open a manufacturing center and create opportunities for skilled workers - this time in Murray - is great news. I welcome iwis to Kentucky and look forward to working with them as they get established here." "iwis has already become an important part of our community," said Murray Mayor Jack Rose. "In addition to creating good employment opportunities, the company has taken steps to buy as many local goods and services as possible. We look forward to a long and productive partnership between iwis and the community. We are proud to have them here." "iwis has worked closely with our economic development corporation to ensure that its startup is a success," said Calloway County Judge-Executive Larry Elkins. "As the company obtains contracts and grows, I feel certain that it will be a great employer in the community, and the community will help iwis be strong and profitable." To encourage the investment and job creation in Murray, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $2.5 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. The iwis website is: www.iwis.com Information on Kentucky's economic development efforts and programs is available at www.ThinkKentucky.com This story was posted on 2015-03-10 05:23:59
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:
Adair County Fiscal Court Agenda, Tue 10 Mar 2015 Pat Thompson is named Campbellsville Police Chief Council approves 2nd reading to accept Holladay Place Streets Dr. Carey speaks on 'Restorative Justice' at CU KHIPP forum Meeting 19 Mar 2015 on various Federal Programs at AC Schools Adair County will participate in Statewide Tornado Drill Today is the 55th anniversary of Great Snowfall of March 9, 1960 Board of Elections Meeting: Thu 26 Mar 2015 Sabo Family singing at Antioch UMC Sun 15 Mar 2015 C-AC Economic Development Authority meeting Thu 12 Mar 2015 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.
| ||||||||||
