FRANKFORT, Ky. - Kentuckiana Curb Co. Inc. plans to expand and make a $50 million investment in Louisville.
KCC Manufacturing makes HVAC products. Gov. Matt Bevin says the expansion is expected to create up to 400 full-time jobs.
KCC will build a 300,000-plus-square-foot facility at 2706 Blankenbaker Rd. in Louisville to house corporate offices and manufacturing space.
The company purchased approximately 20 acres of undeveloped property for the new operation in response to growing market demand.
Production at the new facility will include the design and manufacture of HVAC equipment and sheet metal products. KCC currently employs 512 people at its existing facility in Louisville.
KCC established its headquarters in Kentucky in October 1979 and also operates a facility in Tooele, Utah. The company supplies a range of products for the HVAC industry. KCC designs and manufactures commercial heating and air conditioning equipment focused on improved indoor air quality, as well as proprietary technology for indoor agriculture applications. Other products include metal and conventional roof curbs, stainless steel gutters, skylights, smoke vents, roof hatches, walkways and other roof products.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) on Thursday preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $6.5 million in tax incentives based on the company’s investment of $50 million and annual targets of:
- Creation and maintenance of 400 Kentucky-resident, full-time jobs across 10 years
- Paying an average hourly wage of $29 including benefits across those jobs
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.
Additionally, KEDFA approved KCC for up to $500,000 in 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.
KCC can also receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.