Cabinet for Economic Development
GOVERNOR FLETCHER ANNOUNCES INPLAST USA TO BRING 110 NEW JOBS TO GRAYSON COUNTY
FRANKFORT, Ky. – Governor Ernie Fletcher and Economic Development Cabinet Secretary Gene Strong announced today the location of Inplast USA, LLC in Grayson County. The new operation will produce plastic injected molded components for the automotive and medical markets, creating 110 new jobs and investing $4.7 million in the commonwealth.
“Inplast USA is a most welcome investment in Grayson County,” said Governor Fletcher. “It will add more than 100 new jobs and will benefit the local economy. This facility will provide new opportunities for the region’s work force.”
The company has acquired an existing 63,500 square-foot building in Leitchfield and plans to renovate the facility to accommodate the injection molding operation. The facility will also require the construction of a clean room for the manufacture of medical diagnostic plastic components.
“Injex and Plastikon are very excited to be locating the Inplast USA plant in Leitchfield, and feel that this is a win-win for all parties involved,” said Mark Petri, director of sales and operations for Injex. “We would like to personally thank the state of Kentucky, Leitchfield Mayor William Thomason and the Grayson County Industrial Foundation for their help in this move to Leitchfield. We look forward to working in the community.”
Inplast USA, LLC is a joint venture being formed between Plastikon Industries and Injex Industries respectively based in Hayward, California. Both businesses were established more than 20 years ago, and specialize in plastic injection molding and assembly for the automotive, medical and diagnostic industries. Combined with a strong business acumen, systematic approach, and diverse customer base, the companies have obtained considerable growth and stability for its employees and communities.
“Leitchfield is very excited and fortunate that Injex and Plastikon are becoming a corporate citizen with the joint venture of Inplast USA, LLC,” said Leitchfield Mayor William H. Thomason. “I would like to thank the company, the Grayson County Industrial Development Corporation and the Kentucky Cabinet for Economic Development for making this project possible for Leitchfield.”
Inplast USA was preliminarily approved by the Kentucky Economic Development Finance Authority for tax benefits up to $2.75 million under the Kentucky Rural Economic Development Act, an incentive program designed to increase employment in the state.
A community profile for Grayson County can be found at the following link: http://www.thinkkentucky.com/edis/cmnty/cw/cw010/Location.htm.
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The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for creating new jobs and new investment in the state. New business investment in Kentucky in 2005 totaled more than $1.6 billion with the creation of over 16,700 new jobs. Information on available development sites, workforce training, incentive programs, community profiles, small business development and other resources is available at www.thinkkentucky.com.