Candle, fragrance manufacturer to invest more than $5.2 million
FULTON, Ky. (March 4, 2013) — MVP Group International Inc. plans to establish a manufacturing operation in Fulton, creating 150 new, full-time jobs and investing more than $5.2 million in the commonwealth.
“We welcome MVP Group International to Fulton and look forward to many years of growth and success here,” Gov. Steve Beshear said. “The numbers are impressive, with 150 jobs and $5.2 million in investment, but we’re not here just for the numbers; we are here because of the lives that will benefit from this partnership and the impact it will have on the future of this community.”
MVP Group International is the largest manufacturer of private label candles and home fragrance goods worldwide, with sales to national and international retailers. The company will occupy an existing 60,000-s.f. facility on Kentucky Avenue in Fulton.
“MVP is excited to continue strengthening our roots in western Kentucky and now in Fulton,” said Travis Propes, MVP Group International’s chief merchandising officer and owner. “Our growth will continue to be dependent on our employees and our customer’s satisfaction. We wish to thank the Commonwealth of Kentucky, local officials, TVA, and Eddie Crittendon, executive director of the Fulton County and Hickman County Economic Development Partnership, for all of their efforts with this project.”
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $2 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.
Click here for more information on MVP Group International.