Greenville Manufacturing Kentucky invests $16.2M to open new production facility in Kentucky
Greenville Manufacturing Kentucky has announced plans to relocate to a new facility in Muhlenberg County, Kentucky. The company, a Floyd Holdings member company that manufactures equipment for the agriculture, forest products and biomass sectors, will invest $16.2 million into the project, creating 250 new jobs in the process. The investment will fund new equipment, as well as increased operational space to meet growing consumer demand and company growth. Construction of the new facility is expected to be completed in November 2025.
What people are saying
In a recent quote, Dane Floyd, CEO of Floyd Holdings, said, “This new facility was earned by the loyal, dedicated employees in Kentucky and the support of the community. “Our companies have experienced incredible growth, and we had to decide where to grow next. Starting almost from day one in Greenville, the outreach and support of local leaders like Judge McGehee and Ray Hagerman really reinforced what a great community we had been welcomed to. With great employees, forward-thinking local leaders, great training facilities and state support all the way to Gov. Beshear’s office, my decision was an easy one. I congratulate this community on receiving this investment and I look forward to further investment here as well. Thank you all for allowing us to be part of your great community.”
Governor Andy Beshear added, “Kentucky’s historic economic momentum comes thanks to the continued success within our key industries, including manufacturing. This investment will bring hundreds of high-quality, full-time job opportunities to families in Western Kentucky and will provide a substantial economic boost to the region. I am excited to see the company’s future success here in our New Kentucky Home.”
Manufacturers investing in Kentucky
L2 Aviation invests $12.2M to establish manufacturing operations in Kentucky
L2 Aviation intends to locate in an existing office and production facility, as well as a hangar at CVG Airport.
Shelbyville Battery Manufacturing invests $712M to open new facility in Kentucky
Production at the new plant is expected to begin in 2025.
PEAK Precision invests $3M to establish manufacturing plant in Kentucky
The 21,000-square-foot leased facility will feature new production equipment, and operations are expected to begin in 2025.
Investing in American manufacturing in 2025
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.