Recap: Here’s an Economic Update on RTW Kentucky

There are many great things in store for Right to Work Kentucky’s economy! And these company investments are just the tip of the iceberg. Three businesses are expanding soon within the state. These are Taylor Corp, Commonwealth Rolled Products, and Pratt Industries. Meanwhile one business is adding a new location, the name of which is Universal Piping Industries.

Read on to learn more about each investment!

Taylor Corp:

Taylor Corp is investing $18.8 million in order to expand in Right to Work Radcliff, Kentucky. This will create 28 new jobs!

“Taylor is investing to meet the growing demand for pressure sensitive labels, which is one of the fastest-growing segments in the labels and packaging industry. […] As one of the largest label converters in North America, with a national production and distribution footprint, we are well equipped to provide a broad range of offerings at an unprecedented scale. From grocery shelves to the packages on your doorstep, in your car and on your appliances, Taylor labels help manufacturers and retailers engage with their customers safely and efficiently.” […]

“I want to thank Taylor Corp. for its commitment to the Radcliff area and its workforce. Congratulations to everyone in the region, who will benefit from the growth of a quality employer. […] Kentucky’s economic momentum unlike anything we’ve seen before. The continued growth of existing companies like Taylor play a crucial role in building on that success in the years ahead.”

AREA DEVELOPMENT MAGAZINE

Commonwealth Rolled Products:

Commonwealth Rolled Products is investing $167 million toward an expansion in Right to Work Lewisport, Kentucky, creating 40 new jobs!

“The aluminum rolling mill in Lewisport has been an important part of the Hancock County community for over 50 years, and the decision by Commonwealth Rolled Products to build on that existing presence is tremendous news for the workforce throughout the region. […] Once this expansion is complete, the company will employ more than 900 Kentucky residents, and I am confident that growth will continue well into the future. Thank you to the leaders at Commonwealth for continuing to grow their business in our state.” […]

“This significant investment is a testament to the value of the Lewisport facility, its employees and customers. […] The Lewisport plant has been a valued member of our community for over 50 years and this investment can ensure another 50 years! We are grateful and excited that Commonwealth Rolled Products continues to invest in Hancock County.”

AREA DEVELOPMENT MAGAZINE

Universal Piping Industries:

Universal Piping Industries is adding a new location in Right to Work Georgetown, Kentucky, creating 25 new jobs as a result!

“In a record-breaking year for job announcements, I am encouraged to see more businesses expanding their existing operations within the commonwealth. […] Universal Piping Industries is a longstanding asset to Central Kentucky, and I would like to congratulate them on this expansion. Growth from manufacturers like UPI is vital to our goal of building a better Kentucky for years to come, and I look forward to seeing them succeed.” […]

“It is so gratifying when one of our manufacturing partners decides to expand their operations in Georgetown/Scott County and Universal Piping Industries is one of those. […] Their presence in the Lanes Run Business Park speaks volumes of their trust in our partnership.”

AREA DEVELOPMENT MAGAZINE

Pratt Industries:

Pratt Industries is investing $500 million in order to expand in Right to Work Henderson County, Kentucky, creating 321 new jobs!

“It’s an honor to join Governor Beshear and the community of Henderson as we break ground on our $500 million green manufacturing investment. […] Our Henderson paper mill and box factory is the single biggest investment our company has ever made and will create 1,000 jobs, including American, green-collar manufacturing and construction jobs.” […]

“As work continues to help our Western Kentucky communities heal after last week’s unprecedented storm, the arrival of Pratt Industries to this region will be an important part of that recovery process. […] Not only is this new operation going to create quality job opportunities for hundreds of Kentucky residents, the generosity shown by Pratt leadership during this difficult time also proves the company will be a perfect fit for Henderson and the surrounding area. I want to thank Anthony Pratt and his team for their commitment to the commonwealth. This is the start of a great partnership that will improve the lives of families throughout the region.” […]

“Today is an exciting day for Henderson. […] The Henderson team has continued to work tirelessly on the Pratt Paper project. We could not be more proud of the Henderson team for their efforts. We feel very fortunate to have Pratt Paper as part of our community.”

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Kentucky, click here.

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