STANFORD, Ky. (April 17, 2012) – Lincoln Manufacturing USA’s recent expansion project, aided by funding administered through the Department for Local Government (DLG), helped create 22 new jobs, Gov. Steve Beshear announced Tuesday.
DLG Commissioner Tony Wilder joined local leaders and company officials in Stanford recently to make the announcement.
The $280,000 Community Development Block Grant (CDBG) was awarded to Stanford-Lincoln County Industrial Authority to assist with the purchase of new equipment to lease to LML to help support the company’s increased product demand.
LML is a metal stamping facility that has the ability to make a wide range of parts from simple stampings to close tolerance critical parts. LML has the capability to weld, machine and deburr parts for the automotive industry.
“Throughout the state, companies such as LML, provide jobs for citizens in our small communities,” said DLG Commissioner Wilder. “Thanks to this funding, LML was not only able to maintain its positive standing in the community, but also grow to help create more needed jobs for local residents.”
LML helps supply products to Ford Motor Company. LML’s expansion was necessary to help meet the product demand from Ford Motor Company for its Ford F-150 Truck, SUV’s and other new 2012 products.