FRANKFORT, Ky. – Kentuckiana Curb Co. Inc., a manufacturer of commercial HVAC products doing business as KCC Manufacturing, plans to add 700 high-wage jobs in Shelby County with a $60 million investment to establish a new location in Simpsonville.
“As we build Kentucky’s successful post-pandemic economy, companies like KCC Manufacturing are looking to grow,” Gov. Andy Beshear said. “This company impacts a range of businesses, from agritech to local schools and health care facilities, and I am proud the company has decided to expand its presence here in our commonwealth. KCC has been a strong Kentucky-based employer for more than 40 years, and I look forward to its continued success in the years ahead.”
To fill its need for more production space, KCC plans initially to build 380,000-s.f. of facilities on 80 acres along Buck Creek Road in Simpsonville. The project will support the company’s production of HVAC equipment, as well as roof curbs, curb adapters and other sheet metal products for roof-mounted air conditioning equipment for a growing customer base, which includes agritech-related businesses, health care facilities, school districts, retail, restaurants and lodging. Work on the project is expected to begin by January 2022 and finish within a year. The company’s existing Kentucky presence includes two manufacturing facilities in Jeffersontown, where it employs more than 510 people.
“We are very excited to further our expansion efforts here in Kentucky,” said Anthony Balbach, KCC Manufacturing’s chief financial officer. “KCC’s vision of promoting the healthy building initiative through our lineup of 100% outdoor air units and other HVAC products can now be fully accomplished by expanding in Simpsonville, Kentucky. We are fortunate to have partnered with the Kentucky Economic Development Finance Authority, Shelby County Industrial & Development Foundation and our great Commonwealth of Kentucky to make this vision a reality. As a 100% employee-owned company, we are looking forward to welcoming new team members and continuing our evolution as a premier technological and exceptional quality manufacturer.”
KCC established its headquarters in Kentucky in 1977. The company designs and manufactures commercial heating and air conditioning equipment focused on improved indoor air quality, as well as proprietary technology for indoor agriculture applications. Other products include metal and conventional roof curbs, stainless steel gutters, skylights, smoke vents, roof hatches, walkways and other roof products. Aside from its Kentucky locations, KCC also operates in Tooele, Utah.
The Kentucky Economic Development Finance Authority (KEDFA) on Thursday preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $10 million in tax incentives based on the company’s investment of $60 million and annual targets of:
- Creation and maintenance of 700 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $29 including benefits across those jobs.
Additionally, KEDFA approved KCC for up to $500,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, KCC 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.
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