Expansion Announced for Clopay in Bracken County, 290 Jobs Secured
8/25/2011 8:15:00 PM
Expansion to entail new construction at existing plant, nearly $12.3 million investment
FRANKFORT, Ky.-- Governor Steve Beshear today announced the expansion of Clopay Plastic Products Company Inc. in Bracken County. The global leader in specialty films, extrusion coatings, custom printing and engineered laminations will add 62,000 square feet to its Bracken County facility. The expansion will also secure the jobs of 290 workers at the plant.
"Job retention is a vital part of economic development, and the expansion of Clopay in Augusta will ensure 290 people remain on the job," Gov. Beshear said. "The Commonwealth is delighted that this longstanding corporate citizen is making critical investments in its Kentucky plant and will continue to provide a positive economic impact on the Bracken County community."
Clopay, Bracken County's largest employer, produces a variety of products used in the hygienic, healthcare, protective apparel and industrial markets. Construction at its existing 289,000-square-foot facility, as well as the addition of new equipment will result in a total investment of nearly $12.3 million.
"This project would not be possible without the support of the city of Augusta, Bracken County and the Commonwealth of Kentucky," said Vance Greene, Clopay's director of operations for North America. "Clopay very much appreciates that support and looks forward to making this expansion a success."
To help make this project possible, the Kentucky Economic Development Finance Authority (KEDFA) approved a $500,000 Economic Development Bond grant to the city of Augusta for the benefit of Clopay Plastic Products Company.
"Clopay has been a big part of Augusta for over half a century," said Bill Norman, Clopay's general manager for North America. "Today's action by KEDFA is one very big step that will pave the way for Clopay to go forward with this important project in Augusta."
"Clopay Plastic Products Company is a vital member of the Bracken County community, and I am pleased that they have elected to expand their operation in Augusta," said Bracken County Judge-Executive Earl Bush. "I would like to thank Clopay management, the city of Augusta and the Commonwealth for all their efforts and cooperation in making this expansion a possibility."
For more information on Clopay, visit http://www.clopayplastics.com/.
Information on Kentucky's economic development efforts and programs is available at http://www.thinkkentucky.com/.