Governor Steve Beshear's Communications Office
Gov. Beshear Announces Success of Lincoln Manufacturing USA LLC Expansion, Project Created 22 New Jobs
STANFORD, Ky.– Governor Steve Beshear has announced the success of Lincoln Manufacturing USA LLC’s (LML) recent expansion. The project was aided through funding administered through the Department for Local Government (DLG) and helped create 22 new jobs in the area. DLG Commissioner Tony Wilder joined local leaders and company officials in Stanford recently to make the announcement.
“I am pleased to announce a successful company expansion in one of Kentucky’s signature industries,” said Gov. Beshear. “Helping companies expand to meet their product demands and create new jobs shows that Kentucky is making positive economic progress and is committed to helping our local businesses succeed.”
The $280,000 Community Development Block Grant (CDBG) was awarded to Stanford-Lincoln County Industrial Authority to assist with the purchase of new equipment to lease to LML to help support the company’s increased product demand.
LML is a metal stamping facility that has the ability to make a wide range of parts from simple stampings to close tolerance critical parts. LML has the capability to weld, machine, and deburr parts for the automotive industry.
“Throughout the state, companies such as LML, provide jobs for citizens in our small communities,” said DLG Commissioner Wilder. “Thanks to this funding, LML was not only able to maintain its positive standing in the community, but also grow to help create more needed jobs for local residents.”
LML helps supply products to Ford Motor Company. LML’s expansion was necessary to help meet the product demand from Ford Motor Company for its Ford F-150 Truck, SUV’s and other new 2012 products.
“The expansion of Ford’s manufacturing operations in Kentucky is having far-reaching effects, as is evident in this announcement,” said Rep. Danny Ford, of Mt. Vernon. “Not only will these funds help Lincoln Manufacturing USA create more jobs and stimulate the local economy, it is also further proof that Kentucky is becoming an important hub in the automotive and automotive component manufacturing industries.”
Kentucky’s CDBG program is administered by the Department for Local Government (DLG) and funded through the U.S. Department of Housing and Urban Development (HUD).