A Kentucky stainless steel plant is spending $244 million to expand its facility in Carroll County, one in every of a number of financial growth tasks introduced by Gov. Andy Beshear this week.
North American Stainless will add house to its 4 million sq. foot plant and add 70 new jobs, Beshear mentioned at a Thursday information convention. The firm handles about half the stainless steel made in North American, in accordance to its CEO, Cristobal Fuentes.
LOUISVILLE JUVENILE DETENTION CENTER DEEMED UNSAFE SET TO REOPEN AFTER REPAIRS
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Another firm, LioChem e-Materials, will renovate a constructing in Simpson County with a $104 million investment, the governor mentioned. The new plant will support electric vehicle battery production and create 141 jobs, in accordance to a information launch from the governor’s workplace.
The plant will produce a liquid dispersion of carbon nanotubes that improves the efficiency of lithium-ion batteries utilized in electrical autos.
The governor additionally introduced the enlargement of Carter Lumber Co. in Bowling Green. The $8 million investment will add 86 jobs.