BEAVER DAM, Ky. — NEO Industries Inc., a world leader in surface technology for work rolls in steel and aluminum manufacturing, announced an expansion of its current operation in Ohio County with a $12.4 million investment, creating 20 new full-time, quality Kentucky jobs.
The project will see the company expand its current manufacturing facility in Ohio County by over 30,000 square feet, bringing the total operating space to 47,000 square feet. The increased space will allow for additional capacity to chrome plate rolls and for installing a high-precision grinder and polisher. This additional equipment will help the company directly service the rapidly expanding electric vehicle battery industry. NEO Industries’ $12.4 million investment will create 20 full-time jobs, bringing their total Kentucky employment number to 50.
“NEO Industries is excited to further the growth and economic success of Kentucky,” said Ladislav Halaj, NEO Industries’ service center operations vice president. “With this latest investment in the Blue Grass State, our expanding manufacturing capabilities in our plant will help support the growing EV battery market by supplying new technology and job opportunities for Ohio County. We greatly appreciate the support from our local leaders and the Kentucky Cabinet for Economic Development.”
NEO Industries was established in 1952 and is the world leader in surface technology for work rolls in steel and aluminum manufacturing and press rolls for material of anode and cathode manufacturing. The company pioneered work roll plating in 1964 and remains the supplier for chrome plating, grinding and texturing work rolls today. NEO’s Kentucky operation was established in 1993 and services a variety of steel, aluminum, and metals suppliers and manufacturers throughout the state. In 2021, the company started to develop the process of grind and chrome rolls to support the EV battery industry and plans to increase those efforts with this expansion.
NEO Industries’ investment and job creation further recent economic momentum in the commonwealth.
