Cabinet for Economic Development
GOVERNOR BESHEAR CELEBRATES GRAND OPENING OF SABERT CORPORATION IN BULLITT COUNTY
Approximately 100 new jobs will result in new manufacturing operation
FRANKFORT, Ky. (May 7, 2009) – Gov. Steve Beshear today joined company and community officials in Bullitt County to commemorate the grand opening of Sabert Corporation’s new manufacturing facility. Sabert Corporation, which manufactures disposable plastic food packaging, has constructed a new 250,000 square-foot facility on approximately 72.25 acres in Bullitt County.
“Today’s grand opening of Sabert Corporation’s newest manufacturing facility is a most welcome addition to the Bullitt County community,” said Gov. Beshear. “The creation of dozens of new employment opportunities and a multi-million dollar investment will have a tremendous impact on the region. We are confident Sabert Corporation will flourish and prosper for many years to come here in the bluegrass.”
The project represents an initial capital investment of $35 million in the commonwealth with additional investment to coincide with future expansion. Company officials have indicated that the project will create approximately 100 new manufacturing and distribution jobs during the first two years, growing to several hundred jobs.
“We are very excited about opening this state-of-the-art facility in Kentucky,” said Albert Salama, founder and president of Sabert Corporation. “With its strategic location in the center of our country, we will be able to service our many worldwide customers more efficiently. By being closer geographically, we will be providing faster more efficient service, decreasing our travel distances and consequently reducing our own carbon footprint. We look forward to working with the people of Bullitt County.”
The Kentucky Economic Development Finance Authority approved Sabert Corporation for tax benefits up to $2 million under the Kentucky Industrial Development Act, an incentive program designed to attract and expand manufacturing employment in the state.
“We welcome Sabert Corporation to Bullitt County,” said Mayor Jim Eadens, city of Hillview. “It’s a great day for the city of Hillview to see its efforts come to fruition. Manufacturing opportunities like the one created by Sabert Corporation, a leader in their sector of the plastics industry, helps diversify the city's economic base.”
A community profile for Bullitt County can be found at http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=013.
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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 2008 totaled over $1.8 billion with the creation of more than 11,500 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.