FRANKFORT, Ky. (WTVQ)- Governor Matt Bevin has announced Precision Strip Inc., a metals processing company, will double its originally planned investment in Warren County to approximately $31.7 million and the creation of 31 full-time jobs.
“This increase in investment and job creation only adds to the positive impact Precision Strip will have on the local economy,” Gov. Bevin said. “The company has processed quality products in Kentucky for nearly 25 years, and we are proud to welcome their expanded presence moving forward. Thanks to Precision Strips commitment to the commonwealth, many families in the Bowling Green region will benefit from new job opportunities.”
Bevin says Precision Strips facility in Scottys Industrial Park in Bowling Green will double with an 80,000-square-foot addition for a second slitting line. The facility opened in 2017 and currently employs 14 people. As originally announced in February 2016, the project included a $15.5 million investment and 15 new jobs.
Precision Strips leaders look to build on the success of their other Kentucky operation, which currently employs 121 people at its 308,000-square-foot facility in nearby Woodburn.
Precision Strip processes, stores and delivers steel and aluminum for several markets, including the automotive, appliance, industrial products and beverage-can industries. The company was established in Minster, Ohio in 1977. It currently employs 1,250 people across 13 locations in six states. Precision Strip offers a variety of services related to the toll processing of carbon, stainless steel and aluminum including: slitting, oscillate slitting, multi-blank cut-to-length processing, Class 1 automotive blanking and coil fed laser blanking. The company has operated in Kentucky since its Woodburn operation was established in 1994.
For more information on Precision Strip, visit www.precision-strip.com.
A detailed community profile for Warren County can be viewed here.
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