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Page 13 - கெந்‌டகீ பொருளாதார வளர்ச்சி நிதி அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Agritech company announces Kentucky expansion

(The Center Square) - An agritech company announced recently it plans to expand its northeastern Kentucky facility, with the nearly $20 million investment creating 40 jobs.  EnviroFlight produces black soldier fly larvae, which is used as a protein source for animal feeds. It is a subsidiary of Daring Ingredients, which is a global developer of organic ingredients used for protein products and biofuels.  The company opened its 112,000-square-foot facility in Maysville just two years ago. In that time, the plant, about 60 miles northeast of Lexington, has grown from 12 workers to its current 73.  According to plans presented at the Kentucky Economic Development Finance Authority, the company plans to more than double the size of the existing facility, adding more than 170,000 square feet. The new jobs will include production associates as well as engineering, data analysis and statistical positions. 

Daido Corp , iwis partnering to bring jobs to Murray, Kentucky

FRANKFORT, KY — Gov. Andy Beshear opened his COVID-19 briefing Tuesday with an announcement of a new joint venture between two international manufacturing companies that will bring 37 well-paying jobs to Murray, Kentucky.  German manufacturing company iwis has had a facility in Murray since 2015, which was the company’s first U.S. operation for production of timing drive systems for engines.   Beshear said iwis is partnering with Daido Corp. — the American subsidiary of Japanese company Daido Kogyo Co. Ltd. — based in Portland, Tennessee. The two companies are partnering for a new investment that will add more than 10,000-square-feet to the Murray facility to make engine chains for major auto manufacturers. Daido Corp will relocate its automotive operations from Portland as part of the venture. The two companies expect the expansion to be complete by the end of 2022. 

Glasgow s Span Tech expanding, adding jobs

Glasgow’s Span Tech, a manufacturer of conveyor systems for moving its customers’ products, is itself on the move. Span Tech, located for the past 15 years in a Cleveland Avenue plant, will be moving to the 42,000-square-foot former home of the Sitel call center at 101 Hilltopper Way near the Western Kentucky University Glasgow campus. Sitel closed the call center in January, and Span Tech purchased the building at auction. Span Tech Chief Operations Officer Tiffany Somerville said the family-owned company’s plan is to use the existing building for offices and build a 100,000-square-foot manufacturing facility on the 10.3-acre property.

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