Global leader in fuel technologies to invest $4.5 million
FRANKFORT, Ky. (May 10, 2012) – Westport Fuel Systems Inc., a subsidiary of Westport Innovations Inc., will establish a 50,000-square-foot manufacturing facility in Louisville, creating 40 new jobs.
Westport is a global leader in alternative fuel and low-emission transportation technologies.
“Westport has proven itself as a business leader in the alternative fuel field and has partnerships with some of the world’s largest engine and vehicle manufacturers, including Ford and the Super Duty Trucks made in Louisville,” Gov. Steve Beshear said. “Like so many other automotive-related companies, I am confident that Westport will find Kentucky to be the perfect place to succeed and prosper.”
Kentucky is home to more than 440 automotive-related industries that employ more than 68,000 people. Additionally, Kentucky ranks third highest in auto industry-related employment as a percent of total state employment among the top motor vehicle producing states in the U.S.
Based in Vancouver, Canada, Westport is a provider of proprietary technology allowing engines to operate on clean-burning gaseous fuels. Westport plans to invest more than $4.5 million and establish a 50,000-square-foot manufacturing facility in Louisville for installation of compressed natural gas (CNG) fuel systems and fleet operations for the Ford Super Duty trucks.
“The United States is a key market for a wide range of Westport Innovations technologies, and we’re very happy to be establishing new operations, products, jobs, and relationships with our automotive partners in the Louisville area,” said Ian Scott, president of Westport Light Duty.
The state preliminarily approved Westport Fuel Systems for tax incentives up to $750,000 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.
Add Comment