Austria-based company to invest more than $22 million in Kentucky
FRANKFORT Ky. (Feb. 12, 2013) – Alpla Inc. plans to establish manufacturing operations in Bowling Green, creating 72 new, full-time jobs and investing $22.4 million.
“Alpla is not a household name here in Kentucky, but the products the company manufactures are in nearly every home in the commonwealth,” said Gov. Steve Beshear.
Alpla produces customized plastic packaging solutions. With a diverse range of customers, Alpla products include packaging for everyday items such as beverages, motor oils, cleaning supplies and more.
First established in Austria in 1955, Alpla has grown into a global company with approximately 13,000 employees at 148 sites in 39 countries.
“We are pleased to be expanding our manufacturing operations in Kentucky,” said Jodok Schaeffler, president of Alpla North America. “We appreciate the support from the community and the dedicated employees from Cabinet for Economic Development in making this expansion possible.”
The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $1.92 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
KEDFA also approved Alpla for tax benefits up to $81,000 through the Kentucky Enterprise Initiative Act, which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
“Because of companies like Alpla, Bowling Green is making its mark on international manufacturing,” said Sen. Mike Wilson of Bowling Green.
Warren County has also been certified by the Kentucky Workforce Investment Board as a Work Ready Certified Community. The certification is an assurance to business and industry that the community is committed to providing the highly skilled workforce required in today’s competitive global economy.
For more information on Alpla, visit www.alpla.com.