Adding 11,600-s.f. to current facility
FRANKFORT, Ky. (Dec. 3, 2015) — LOGOMAT automation company systems Inc. will expand its Hebron facility with a $1.02 million investment that will create 12 jobs, Gov. Steve Beshear announced today. The company develops, manufactures and services high-precision conveyor systems for assembly and test applications,
LOGOMAT plans to add 11,600-s.f. to its 22,300-s.f. facility at the Northern Kentucky Riverview Business Park in Hebron. The $1.02 million investment covers the cost of land, construction and new equipment. The expansion will allow LOGOMAT to increase its production while improving lean-process operations and storage.
Construction will be completed this month. An open house is planned for early 2016.
“LOGOMAT has become an essential corporate partner in northern Kentucky over the past 15 years, and this major expansion ensures that will continue well into the future,” Beshear said. “Northern Kentucky is a hub for growing businesses with nearly 60 companies locating or expanding in the region this year alone. Companies such as LOGOMAT serve as models of how to continue that success.”
LOGOMAT, a subsidiary of German-owned KRUPS Fördersysteme GmbH, maintains a production facility in Germany and service offices in Brazil and China. LOGOMAT provides its customers with tailored, end-to-end services from project planning, engineering and production to software-controls integration, maintenance and support.
“We at LOGOMAT are still very satisfied and pleased with our decision to build up our American facility in the Riverview Business Park,” said Philipp Krups, president and CEO of LOGOMAT. “The recent major expansion of our facility is the visual sign of our growth and the increased business we could generate within the past years. Our customers will benefit from quicker lead times and better availabilities, as well as from maintenance trainings and product presentations in our new product show room.”
Kentucky saw great success last year in attracting foreign direct investment (FDI) with nearly a third of new investment and more than 20 percent of new jobs coming from FDI projects. The commonwealth is home to 447 foreign-owned companies from 33 nations, employing nearly 90,000 people.
Since January 2013, 29 German-owned facilities announced new locations or expansion projects in Kentucky, creating more than 1,200 full-time jobs through the collective investment of more than $488 million.
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