iwis-Daido plans to make an expansion on their facility in Murray, Kentucky so they can produce auto engine chains. In order to do so, they are investing $2.7 million toward the project. And when the expansion is complete, they plan to hire 37 new works so things can run smoothly. So this will be a greater economic opportunity for Calloway County.
From Area Development Magazine:
“Kentucky is fortunate to have an incredibly diverse manufacturing base, with companies representing 32 nations from around the globe, and that will play a key role in the recovery and growth of our economy in the months and years ahead. […]
“This project brings together two companies that have a long history of success[.] I am proud they selected our state for this new venture. I […] thank both iwis and Daido Corp. for creating quality job opportunities for Kentuckians.”
“TVA and West Kentucky Rural Electric Cooperative Corp. congratulate iwis-Daido LLC on its decision to establish operations in Calloway County. […]
“Helping to foster new job opportunities and investment is fundamental to TVA’s mission of service[. W]e are proud to partner with the Kentucky Cabinet for Economic Development and Murray-Calloway County Economic Development Corp. to further that mission and look forward to iwis-Daido’s future business success in the Valley.” […]AREA DEVELOPMENT MAGAZINE
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