CEO: A ‘come from behind’ win for Kentucky
WURTLAND, Ky. (AP) – The CEO of an aluminum company says it chose Kentucky over 24 other states to build a $1.3 billion plant that is expected to hire 550 people.
Craig Bouchard told reporters Wednesday it was a “come from behind win” for Kentucky, which he said was not in the running until the Republican-controlled state legislature passed a law banning mandatory union dues. He said the plant will produce 370,000 tons of aluminum for the automotive and aerospace industries. He said in three years, the facility in Greenup County will be producing 20 percent of the automotive sheet aluminum in the United States.
The plant will make the skin for automobiles, plate aluminum for the wings of airplanes and unspecified materials for the Department of Defense.
Aluminum company promises 550 jobs in Appalachia
An aluminum company says it will build a $1.3 billion facility near the border of Kentucky and West Virginia, pledging to hire 550 people and pay them average salaries of $70,000 in an area devastated by the loss of coal and manufacturing jobs.
Braidy Industries Inc. says the 2.5 million-square-foot facility in Greenup County, Kentucky, will produce 370,000 tons of aluminum for the automotive and aerospace industries, two of Kentucky’s largest manufacturing sectors. The company says it expects to hire 1,000 people to build the plant early next year, with a scheduled completion in 2020.
The announcement brings much-needed jobs to the heart of Appalachia, which has been slow to recover from the effects of the Great Recession. Across the region, thousands of coal jobs have disappeared amid an ongoing industry decline.
Copyright 2017 The Associated Press.