Cabinet for Economic Development
Governor Beshear Participates in Grand Opening of Senko USA Distribution Center in Winchester
New 68,400 square-foot facility will employ 12 people by the end of 2011, represents more than $4.8 million investment to date
WINCHESTER, Ky. (July 11, 2011) – Governor Steve Beshear today joined community leaders and officials from Senko USA to celebrate the grand opening of the company’s new distribution center in Clark County.
The facility represents a capital investment by the company in excess of $4.8 million to date and will create 12 new jobs in the community by the end of the year.
“Kentucky is well known for its logistical advantages and is a perfect fit for companies, such as Senko USA, that need to reach customers in a timely manner,” Gov. Beshear said. “I am pleased to welcome Senko USA to Winchester and appreciate the jobs and investment it brings to the Commonwealth.”
Senko USA selected Winchester as the site of its new 68,400 square-foot warehouse distribution center, which sits on 14.6 acres along I-64 and I-75, because of its proximity to clients. The site also offers the company room for future growth. The worldwide logistics company, headquartered in Japan, offers a wide array of value-added services that include trucking, intermodal and warehousing.
“We are proud to have Senko as one of our newest industries in Winchester/Clark County,” said Winchester Mayor Ed Burtner. “Not only are they providing much-needed investment and jobs in our community, but are also providing a much-needed service to several of our existing business and industry.”
“Senko is significant for our ongoing economic development efforts here in Clark County,” added Clark County Judge-Executive Henry Branham. “The past couple of years have been difficult for our local economy. It is good to see our efforts are starting to show results through the creation of these new jobs.”
The Kentucky Economic Development Finance Authority preliminarily approved Senko USA for tax incentives up to $250,000 through the Kentucky Business Investment program. The performance-based incentive allows the company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
For more information on Senko USA, visit www.senko-usa.com.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.
A detailed community profile for Winchester (Clark County) can be viewed at http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=093.