Nova Steel USA Inc is a Canada-based steel company that has now chosen Bowling Green, Kentucky for its new location. They plan to soon start out with a beginning investment of $20 million. This will pay for a new manufacturing building and will also create 50 jobs right from the start. Then, they plan to make two more investments that will go toward expanding the building further. So all investments will total $70 million and will create up to 110 jobs over the next several years.
From Area Development Magazine:
“Our state’s primary metals industry continues to thrive despite the challenging economic climate. This significant investment by Nova Steel promises to bring over 100 well-paying jobs for Kentucky families in and around Bowling Green. […]
Team Kentucky is working to create a better future for all Kentuckians with quality job opportunities offering strong wages. Companies like Nova Steel are central to that effort, and we thank Nova Steel for its commitment to the commonwealth and our talented workforce.” […]
“This level of investment and job creation is significant in Bowling Green and will add to our growing manufacturing sector. […] In addition to our excitement relating to the Nova project, we are deeply appreciative to the leadership at Bowling Green Metalforming who supported them locating in our community.”AREA DEVELOPMENT MAGAZINE
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