Funai Lexington Expands in Right to Work Kentucky

RTW-Kentucky-NILRR (3)

Funai Lexington Technology Corp is expanding soon in Right to Work Lexington, Kentucky. In order to do this, the company is investing a total of $3.8 million toward the project. This will also create 6 new jobs. So this is another great example of how Right to Work states encourage business and job growth.

From Area Development Magazine:

“This investment in Funai Lexington’s MEMS processing capability and the expansion of our workforce is absolutely critical, not only to maintain the success of our products currently in the market, but also to enable rapid development of new products as we adapt our unique microfluidic technology to new applications.†[…]

“Expanding the technology sector throughout the state is going to better position Kentucky for a dynamic economy and workforce in the future. […] We have the resources, the location and the companies to make the commonwealth a major player in today’s economy, and that momentum is only growing. I want to thank Funai Lexington Technology Corp.’s leadership for their continued commitment to Kentucky and I am thrilled to see their future success in Lexington.†[…]

“The Commerce Lexington economic development team enjoyed working with Funai in 2013 to help find a home for their R&D facility in Lexington, and it’s been wonderful to see the transformation of the company since that time. […] Today, Funai Lexington Technology Corp. has grown to 47 full-time employees with plans to increase that number over the next year. The additional capital investment and jobs will not only help the company expand its capability, but also demonstrates Funai’s confidence in Lexington as a great place to do business. Foreign direct investment is an important component of our economic development efforts, and we appreciate Funai’s continued commitment to our community.â€

AREA DEVELOPMENT MAGAZINE

To read the previous Area Development update on Right to Work states, click here.

To read more updates on Right to Work states, click here.


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