Cabinet for Economic Development
Governor Beshear Announces Expansion of Charles Deweese Construction Company in Simpson County
Company adding 50 new jobs, investing $500,000
FRANKLIN, Ky. (Nov. 18, 2010) – Gov. Steve Beshear today announced Charles Deweese Construction Company will expand in Simpson County, adding 50 new jobs and investing $500,000 in the community. The project will diversify business opportunities and expand the company’s headquarters to include commercial construction projects.
“The expansion of Charles Deweese Construction’s headquarters is a positive sign for the Simpson County community, adding 50 new quality jobs and a $500,000 investment,” said Gov. Beshear. “Kentucky is pleased to play a role in making this growth possible and will continue to seek additional opportunities to create jobs for Kentuckians.”
Charles Deweese Construction, a family- owned organization in business since 1993, currently does site work, public and private utilities, paving and road construction in a four-state area. The company was recently awarded the contract to construct the new Tractor Supply distribution center that was also announced in Simpson County today.
“We greatly appreciate the help and support we have received from the Kentucky Economic Development Cabinet, as well as the Franklin-Simpson Industrial Authority,” said Weldon Deweese, president and owner of Charles Deweese Construction. “Their efforts have allowed us to grow and expand in Simpson County. The business atmosphere in Kentucky and the growing markets in this region have allowed for the diversification of our business and given us the opportunity to add more employees to the workforce in this area.”
The Kentucky Economic Development Finance Authority preliminarily approved Charles Deweese Construction for tax incentives up to $150,000 through the Kentucky Business Investment program. The performance-based incentive can be earned by the company over a 10-year period through corporate income tax credits and wage assessments.
“The expansion of existing industry offers solid economic development returns,” said Sen. David Givens, of Greensburg. “Congratulations to Deweese Construction and Simpson County on this announcement. I wish to offer particular thanks to Deweese Construction for their commitment to south central Kentucky.”
“In these tough economic times, it is great to see a well-run local company adding people to the payroll,” said Rep. Wilson Stone of Scottsville. “The fact that Deweese Construction continues to grow speaks volumes about the quality of their work and the quality of their employees.”
“It’s always exciting to see a homegrown business succeed like Charles Deweese Construction has over these past few years,” said Jim Henderson, Simpson County Judge Executive. “I applaud them for their willingness to continue investing in Simpson County. The Deweese family has contributed in so many ways to the economic development of our community and it’s great to see them expand their operation here.”
A detailed community profile for Franklin (Simpson County) can be viewed at http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=079. Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com.