Omnis Building Technologies has planned to invest more than $45 million to open a new facility in Greenup County. In addition, the new manufacturing facility will create 55 well-paid jobs at Wurtland, Riverport. The announcement came from Kentucky Gov. Andy Beshear.
100,000 square foot facility
Omnis Building Technologies (OBT) Ashland is a startup manufacturer of economical, sustainable and fire-resistant doors and cabinetry. OBT will use advanced materials and renewable resources to manufacture doors and cabinets. Moreover, the new manufacturing facility will comprise of 100,000 square foot. “We are working to create economic opportunities and quality jobs in every region of the state, and this investment by OBT Ashland in Greenup County helps move us toward that goal. I am thrilled the company’s leaders see the great advantages of locating in this community, and I look forward to OBT’s growth in Northeast Kentucky for years to come.” Gov. Andy Beasher said in his statement.
Importance of selecting Greenup County
The major factor behind selecting this location is its ability to serve a substantial portion of the U.S. population. In addition, it will also assist in improving the existing infrastructure, such as direct river and rail access. “We are excited to expand our presence in Appalachia and to bring family-sustaining jobs to Kentucky by manufacturing revolutionary products to assist in solving the nation’s housing crisis. Our collaboration with successful local businesses like Wright Concrete is ensuring our mission will be achieved.” Jonathan Hodson, president of OBT expressed his views in a statement.
OBT Ashland in an addition in manufacturing sector for Kentucky. Currently, the state is employing approximately 250,000 employees in manufacturing sector. Moreover, these manufacturers managed to add 13,900 new jobs in the commonwealth with $10.5 billion in new investments during 2021. The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved a 15-year incentive agreement with the company as part of Kentucky Business Investment program. Hence, this performance based agreement may provide up to $2.1 million in incentives. However, OBT will need to invest $45.5 million. Moreover, they also have to meet the target of creating 55 new jobs for Kentucky residents. In addition, the company will also have to pay hourly wages of $33 including benefits for these jobs.
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