Expansion of a long-time Warren County manufacturer and a possible new industrial plant that could come to Simpson County were announced Thursday by officials.
The Kentucky Economic Development Finance Authority approved a $450,000 tax incentive for SCA Personal Care Inc. in Bowling Green and $2 million in tax incentives for Taeyang American Corp., which makes automotive fasteners and is exploring its second presence in the United States, possibly in Franklin.
SCA, a global hygiene and forest products company, after tax incentives were approved, announced it would expand its facility at 7030 Louisville Road. The expansion represents a $23.9 million capital investment and 20 new jobs.
With sales in 100 countries, SCA has about 44,000 employees. Sales in 2015 amounted to approximately $13.7 billion.
"I'm grateful that SCA, an award-winning member of the state's manufacturing sector, will increase its presence in Bowling Green. The fact that SCA chose to invest and grow its product line shows Kentucky is making the right moves to attract industry," Gov. Matt Bevin said in a release Thursday.
Since opening in 1988, SCA's Bowling Green manufacturing facility has grown to 160 employees. The facility manufactures TENA incontinence care protection for both the retail and healthcare markets. The expansion is designed to increase production capacity and increase total full-time employment to 180, a release said.
"We're proud to have been a part of the Bowling Green community for the past 28 years," Russ Johnson, SCA site manager at Bowling Green, said in the release. "This latest investment in the Bowling Green facility shows not only confidence in our team members, but also confidence in the ability of this region to continue to provide a top-notch manufacturing workforce. We are very thankful for the efforts of this community that help enable us to continue to grow our plant."
The statutory minimum wage requirements call for a base hourly wage of $10.88 with total hourly compensation of $12.51.
In 2012, SCA's Bowling Green location became the first Zero-Waste-to-Landfill operation among all SCA North American manufacturing facilities. The facility diverts more than 7 million pounds of waste materials from local landfills.
The SCA project includes $552,000 for the building, $22.8 million in equipment and $554,000 in other start-up costs, according to information provided to KEDFA.
Meanwhile, another project could be coming to Simpson County.
The KEDFA board meeting Thursday approved a $2 million tax incentive for Taeyang America Corp., which does business internationally as Taeyang Metal Industrial Co., Ltd, established in 1974 in South Korea, according to information provided by KEDFA.
Taeyang America Corporation, which currently has a facility in Michigan, is considering establishing a $15.5 million plant in Simpson County, according to KEDFA documents. The proposal includes $500,000 in land cost, $4.03 million in building and improvements, $10.1 million in equipment and $950,000 in other start-up costs.
The project is expected to provide 76 jobs.The statutory minimum wage requirements are $10.88 base hourly wage and $12.51 total hourly compensation.
— Follow business reporter Charles A. Mason on Twitter @BGDNbusiness or visit bgdailynews.com.