LOUISVILLE, Ky. — Representatives from PACCAR Parts, a distributor of aftermarket parts for heavy- and medium-duty trucks, trailers, buses and engines, held a ribbon-cutting ceremony to open the company’s $45 million, state-of-the-art parts distribution center in Louisville, which is creating 80 full-time jobs in the region.
“World-class companies are choosing Kentucky because of our world-class workforce,” Gov. Beshear said. “PACCAR Parts will be a great addition to South Louisville, providing new job opportunities for Kentucky families. I am excited to be here today to cut the ribbon on this new facility, and I look forward to PACCAR having many years of success here in the commonwealth.”
The new facility, located at Louisville Riverport Authority’s Phase 5 development, consists of a 260,000-square-foot facility for motor-vehicle-related parts distribution, including original equipment and replacement parts. The new location is the company’s 18th parts distribution center, increasing the company’s global footprint to more than 3.4 million square feet of warehouse space.
The Louisville location will allow the company to increase parts availability for dealers and customers in the central, mid-Atlantic and southeastern regions of the United States and provide parts capacity to support new truck and engine models.
“The strategic location of the Louisville parts distribution center expands PACCAR Parts’ reach and reinforces our commitment to world-class service in aftermarket parts distribution,” said Laura Bloch, PACCAR Parts general manager and PACCAR Inc. vice president. “We are proud to be a part of the Louisville community and look forward to providing our customers and dealerships in the region with maximum product availability, excellent value and an exceptional customer experience.”
PACCAR Parts is a division of PACCAR Inc., a Bellevue, Washington-based manufacturer of light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates founded in 1905. The company distributes products to customers globally through an extensive dealer network that includes 2,300 locations worldwide. Additional services include the design and manufacture of advanced powertrains, financial services, information technology and parts distribution related to its truck production.
Additionally, KEDFA approved PACCAR 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, PACCAR Parts 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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