HAZARD, Ky. (WTVQ) – Dajcor Aluminum Ltd., a Canadian manufacturer of extruded and fabricated aluminum products, plans to create up to 265 full-time jobs as it invests nearly $19.6 million to locate its first US operation near Hazard.
Dajcor plans to locate in the former American Woodmark facility in Perry County’s Coalfields Industrial Park.
The operation will provide Dajcor additional capacity for aluminum extrusion and fabrication to serve a variety of North American industries.
The Kentucky location will also help the company better reach its US customers. Retrofitting and setup will begin immediately and operations are slated to begin by the end of 2019.
We are excited to get going on this expansion project for Dajcor, said Mike Kilby, president and CEO of Dajcor. This project will not only expand our capacity but also our geographic reach as our first manufacturing facility in the USA. Perry County, in Eastern Kentucky, offers a ready workforce as well as excellent state-of-the-art fabrication training facilities within the area. This fits well with our All Under One Roof aluminum extrusion and fabrication business model.
Dajcor, headquartered in Chatham-Kent, Ontario, Canada, was founded in 2010 after a group of Chatham businessmen purchased the assets of Daymond Aluminum.
The investors mission was to restore the company to its pre-recession status as a widely recognized supplier of extruded, fabricated and anodized aluminum components to the US and Canadian markets.
The company, which formerly served the automotive industry exclusively, has expanded to serve a range of markets, including renewable energy, medical equipment, transportation, building trades, military, marine, recreation and consumer-product industries.
The company prides itself on its family atmosphere, as highlighted in the companys name, which represents the initials of Kilbys daughters, Danielle, Alyssa and Justine. Dajcor currently employs 246 people at its Ontario operation.
The Kentucky Economic Development Finance Authority (KEDFA) in December preliminarily approved the company for tax incentives up to $4 million through the Kentucky Business Investment program.
The performance-based incentive allows a company to keep a portion of the new tax revenue it generates over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Dajcor can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
Company leaders plan to begin recruiting and hiring immediately. Follow the East Kentucky Concentrated Employment Program (EKCEP) and One East Kentucky on social media for updates on job fairs and how to apply. Visit www.EKCEP.org for more information.
For more information on Dajcor, visit www.Dajcor.com.