VERSAILLES, Ky. (AP) – A new baking plant that’s coming to Versailles is expected to create over 300 jobs.
The Lexington Herald-Leader reports (http://bit.ly/1LPTUrJ ) More Than a Bakery LLC announced plans Thursday to build the plant on 100 acres in the city.
The company, which is affiliated with Richmond Baking, one of the oldest family-owned cookie and cracker bakeries in the U.S., will make cookies, snack crackers and specialty gourmet crackers for national distribution.
The Kentucky Economic Development Finance Authority gave preliminary approval to an incentive package for the plant Thursday.
Mayor Brian Traugott says the new plant is a big step toward diversifying the area’s economy.
The company says in a statement that construction of the facility is expected to begin this summer, with manufacturing likely to start at the end of 2017.
Information from: Lexington Herald-Leader, http://www.kentucky.com