Cabinet for Economic Development
Governor Beshear breaks ground on Fuel Total Systems facility in Marion County
Japanese company to create 100 new jobs, invest $38 million in Kentucky
FRANKFORT, Ky. (Nov. 19, 2008)– Gov. Steve Beshear and Cabinet for Economic Development officials today joined company and community leaders in Marion County to break ground on the future home of Fuel Total Systems. The Japanese-owned automotive supplier will create 100 new full-time jobs and represents a $38 million investment in the commonwealth.
“I’m honored to stand alongside officials from Fuel Total Systems and Marion County today to break ground on this new Kentucky facility,” said Gov. Beshear. “Today’s groundbreaking represents 100 new jobs and a multi-million dollar investment in the region. Kentucky is proud to welcome Fuel Total Systems and will work hard to ensure its long-term success.”
Fuel Total Systems California Corporation is a subsidiary of FTS Co., Ltd, with its head office located in Aichi Prefecture, Japan. The company anticipates construction on its new 140,000 square-foot Kentucky facility, located on 18 acres in Marion County, to be completed by the end of 2009. The plant will manufacture and supply automotive fuel tank systems and related components.
“It is our great pleasure to work on this new project with wonderful people in the city of Lebanon, Marion County and the commonwealth of Kentucky,” said Fuel Total Systems President Taketo Matoba. “We really appreciate this opportunity and look forward to working with local people toward a successful future.”
The company announced its decision to locate in Kentucky following discussions with Gov. Beshear and Executive Cabinet Secretary Larry Hayes during an economic development trip to Japan this past summer. Approximately 160 Japanese-owned facilities employ 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 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," said Lebanon Mayor Gary Crenshaw.
"Marion County is proud to welcome Fuel Total Systems to our growing family of industries,” said Marion County Judge-Executive John G. Mattingly. “In this transitional economy we are very thankful that the governor, the economic development staff and Fuel Total Systems have made it possible to create new jobs in Central Kentucky."
A community profile for Marion County can be found at: http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=042.