Home » Atlas Machine and Supply Inc. to break ground on new Hardinsburg facility

Atlas Machine and Supply Inc. to break ground on new Hardinsburg facility

HARDINSBURG, Ky. — Leaders from Kentucky-based Atlas Machine and Supply Inc. company broke ground on its new 32,500-square-foot facility in Hardinsburg, creating 78 well-paying jobs for local residents with a $3.47 million investment.

The facility will serve as headquarters for the company’s Field Machining Division, which performs on-site industrial repairs for manufacturers throughout the United States and beyond.

Atlas’ new, larger facility will assist the company in reaching its potential for field machining services by allowing it to improve the efficiency and flexibility of the group, better attract and retain talent and provide space for continued growth.

The facility will be located on 10 acres in the Breckinridge County Industrial Park and will replace a smaller Atlas location in nearby Harned. With more than 20 people currently employed, Atlas is on track to create 78 additional well-paying jobs over a 15-year period, bringing the eventual total number of employees at the new facility to 100.

Richie Gimmel, president of Atlas Machine and Supply, said the company is excited to take the next step and grow its presence here in the Commonwealth.

“The construction of this new facility is an exciting milestone for our company,” said Gimmel. “I am forever grateful for the employees at Atlas. Because of their skills and dedication, we can build a headquarters for our Field Machining Division in Breckinridge County.”

Atlas Machine and Supply Inc. is a fourth-generation family business founded in 1907 in Louisville. Originally focused on elevator design and manufacturing, Atlas Machine today primarily helps keep large-scale machines operational. The company also provides compressed air systems and services necessary for many manufacturers. Manufacturers rely on Atlas Machine to repair and re-manufacture industrial parts that keep their industrial plants running. The company services, manufactures and repairs machinery for customers principally in the manufacturing sector throughout the United States and worldwide.

Atlas Machine and Supply Inc.’s growth builds on Kentucky’s manufacturing prowess, which in 2021 saw companies announce 13,900 new jobs in the commonwealth behind $10.5 billion in new investments. Statewide, manufacturers operate nearly 5,000 facilities employing approximately 250,000 residents.

In July, the Kentucky Economic Development Finance Authority (KEDFA) approved a 15-year incentive agreement with Atlas Machine and Supply Inc. under the Kentucky Business Investment program to encourage investment and job growth in the community. The performance-based agreement can provide tax incentives based on the company’s investment and annual job and wage targets.

KEDFA approved Atlas Machine and Supply Inc. for 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, Atlas Machine and Supply Inc. can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

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