EN Engineering to invest nearly $3 million in project
FRANKFORT, Ky. (July 10, 2014) — Gov. Steve Beshear today announced EN Engineering plans to expand its operations in Boyd County, where it will create 80 engineering jobs and invest nearly $3 million into the project.
EN Engineering provides engineering expertise to heavy industrial clients, including natural gas and oil pipeline infrastructure, gas distribution and petroleum refining. The company currently employs nearly 90 workers in the commonwealth and is expanding its engineering capacity to better serve the tri-state region of Kentucky, West Virginia and Ohio.
In addition to adding the new jobs, EN Engineering plans to build a 24,000-square-foot facility to consolidate its Kentucky operations, which currently occupy five separate buildings within the county. The new facility is expected to be complete next summer.
EN Engineering operates 10 offices throughout the country with approximately 725 employees.
To encourage the investment and job growth in unincorporated Boyd County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1 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.