LOUISVILLE, Ky. — Officials from Louisville and Purem by Eberspaecher celebrated the opening of the automotive supplier’s Louisville operation, which is expected to create close to 250 quality jobs and will serve as the company’s seventh site in the United States.
Purem by Eberspaecher will occupy over 180,000 square feet of an existing 314,500-square-foot facility at 7001 Greenbelt Highway in the Louisville Riverport, to serve its recently expanded customer base in the United States. The new facility also will allow the company to increase its focus on environmental protection, safety and comfort across its products, which includes diesel exhaust after-treatment systems for passenger vehicles.
“Louisville was the place of choice because of the convincing logistical location on the one hand,” said Purem by Eberspaecher Co-CEO Volker Cwielong. “On the other hand, the cooperation with the Commonwealth of Kentucky and the City of Louisville was characterized by openness and commitment. We are really looking forward to the successful production start of our new Purem by Eberspaecher site.”
Purem by Eberspaecher is a subsidiary of the Esslingen-based Eberspaecher Group. To achieve clean and quiet mobility, around 7,100 employees develop and produce exhaust and acoustic systems for passenger cars, commercial vehicles and off-road vehicles. The technologies make a significant contribution to meeting the strictest emission standards and noise guidelines. Its customer base includes the world’s leading vehicle manufacturers.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in March 2021 preliminarily approved an incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide tax incentives based on the company’s investment and annual job-creation and wage targets.
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, Purem by Eberspaecher can receive resources from Kentucky’s workforce service providers. These include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
