Howa USA has opened a new 80,000-s.f. manufacturing plant in Bowling Green’s Kentucky Tri-Modal Transpark.
The new $10 million plant will produce dash insulators, headliners, sunshade trims and other interior products for clients such as Toyota, Nissan and Honda.
The plant is expected to employ around 60 people within two years.
The Kentucky Economic Development Finance Authority has granted preliminary approval to American Howa Kentucky Inc. for tax benefits up to $1 million under the Kentucky Industrial Development Act, an incentive program designed to attract and expand manufacturing operations in the state.
American Howa Kentucky Inc. has also been approved for benefits up to $136,590 under the Kentucky Enterprise Initiative Act. The program allows approved companies making an investment of $500,000 or more in Kentucky to recoup Kentucky sales and use tax on the cost of construction materials, building fixtures and equipment used for research and development.
Add Comment