Cabinet for Economic Development
Governor Beshear Announces Fuel Total Systems to Locate in Marion County
Governor’s economic development trip to Japan leads to new investment and employment opportunities in Kentucky
FRANKFORT, Ky. (Sept. 30, 2008) – Governor Steve Beshear and Economic Development Secretary Larry Hayes today announced the location of Fuel Total Systems, a Japanese-owned automotive supplier, to Lebanon, Ky. Gov. Beshear and Secretary Hayes met with company officials during their recent economic development trip to Japan. The project will result in 100 new full-time jobs in the commonwealth.
“I’m delighted to announce the addition of Fuel Total Systems to Kentucky’s corporate landscape,” said Gov. Beshear. “We had a very productive and positive meeting with company officials in Japan this summer, at which time they expressed their intent to locate a new facility in Kentucky. We will continue our relationship with Fuel Total Systems as they establish themselves and grow right here in the Bluegrass.”
Fuel Total Systems California Corporation is a subsidiary of FTS Co., Ltd, with its head office located in Aichi Prefecture, Japan. The company will construct its new 140,000 square-foot Kentucky facility on 20 acres in Marion County. The plant will manufacture and supply automotive fuel tank systems and related components.
Gov. Beshear made his inaugural trip to Japan as Governor in June to continue and enhance Kentucky’s strong relationship with the Japanese business community. Today’s announcement brings Kentucky’s total Japanese-owned facility count to 158, employing nearly 40,000 people across the commonwealth.
The Kentucky Economic Development Finance Authority approved Fuel Total Systems for tax benefits under the Kentucky Rural Economic Development Act, an incentive program designed to attract new manufacturing employment to the state.
"We want to welcome FTSCA to our community and applaud them for taking advantage of the technical training we are providing to the students and residents of Marion County," said Marion County Judge Executive John G. Mattingly.
Lebanon Mayor Gary Crenshaw added, "We are very pleased that Fuel Total Systems Corporation has chosen to locate in Lebanon and take advantage of the manufacturing support system we have created in this community."
A community profile for Marion County can be found at: http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=042.