New jobs are on the way. After a thorough site selection process, Manchester Tank & Equipment Co., a division of McWane, Inc. has announced that it has purchased a building and land located in Campbellsville. The more than $10 million investment is expected to create 175 full-time jobs.
Vision. Collaboration. Motivation. Each of these words summarize the spirit behind a new way of approaching industry-focused education in Taylor County and surrounding area. For years, Taylor County lacked the physical presence of a vocational training school. However, thanks to visionary education, industry and community leaders, this reality is quickly changing. In August, the community is set to unveil the Central Kentucky Career Academy, a newly remodeled facility that will house expanded programming directly aligned with industry demand in the region.
After working in manufacturing for 25-plus years, Murakami Manufacturing USA’s Chairman and CEO Michael Rodenberg has seen his fair share of workforce challenges. From changing demographics and culture shifts to evolving technology and in-demand skill requirements, companies like his must constantly adapt to shifting labor trends in order to attract and retain a quality workforce.
For nearly 65 years, Campbellsville Industries has been a staple of Taylor County’s manufacturing landscape. And while its name may be a bit inconspicuous, Campbellsville Industries’ architectural landmarks can be admired in cities and towns across the country and around the world.
Foreign direct investment has been an undeniably significant source of job growth in the Commonwealth of Kentucky over the past few decades. In all, more than 500 facilities across the state have foreign ownership ties to 34 unique nations. Taylor County is no exception to this trend. Representing a diverse industry base, which includes automotive components manufacturing and distribution, plastic tubing manufacturing and customer support operations, Taylor County’s internationally owned facilities showcase a dynamic and progressive business climate.
Time is money, and nowhere is that sentiment more evident than in the site selection process. Companies seeking to site a new business location look to eliminate as many barriers as possible to ensure a timely and cost-efficient transition. It’s for this very reason that Team Taylor County has taken the extra step in its site development efforts, taking the guess work and red tape out of the picture for prospective industrial clients.
Campbellsville has experienced a major jump in a national ranking of U.S. micropolitan areas, indicating a continued rise in growth and quality of the local economy.
A large portion of central and southern Taylor County has been designated as an Opportunity Zone. In 2018, the U.S. Department of the Treasury certified 144 Opportunity Zones in 84 Kentucky counties under a program in the Tax Cuts and Jobs Act of 2017 that aims to encourage long-term investments in low-income urban and rural communities nationwide.
Team Taylor County and INFAC North America, a South Korean automotive supplier located in Campbellsville, Kentucky have teamed up to showcase the community’s business advantages to new and expanding businesses. In a newly produced video, INFAC General Manager Brian Bland discusses the company’s decision to locate its North American plant in Taylor County 10 years ago and the many reasons for their success here.
In cooperation with its Kentucky Crossroads partners, Team Taylor County was prominently positioned to discuss the community’s business advantages to dozens of the state’s leading real estate advisors during a networking luncheon held in the fall.
Kentucky Crossroads, a regional economic development partnership in central Kentucky, is celebrating its business growth achievements during 2018, a year in which a record nearly $800 million in new capital investments were announced within its 11-county borders. The amount more than doubles the previous highest investment year set back in 2010.
The new year will bring new jobs to Frost-Arnett Co., an accounts-receivable management firm operating in Campbellsville for nearly two decades. The company is adding 135 full-time jobs and making a $2.84 million investment to relocate to a new office within the community.