$6.4 million investment
BOWLING GREEN, Ky. (Jan. 26, 2017) — Builders FirstSource Inc. (BFS), a manufacturer of trusses, wall panels, pre-hung doors and other components for homes, commercial structures and multi-family units, will invest nearly $6.4 million in a new facility in Bowling Green that is expected to create 79 full-time jobs.
The company’s investment will cover its move into an existing facility in Bowling Green, as well as manufacturing, fleet and office equipment, hardware and wiring, yard paving and additional renovations and improvements.
The plant will manufacture roof and floor components for residential and multi-family construction for markets in Louisville, Lexington, Indiana and northern Tennessee. It also will allow the company to explore business possibilities in other regions.
BFS, founded in 1998 and headquartered in Dallas, supplies building components, including wood trusses, wall panels, steel trusses, engineered wood products, synboard, windows and custom features. The company operates more than 400 locations across 40 states.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority in December preliminarily approved the company for tax incentives up to $800,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
Additionally, BFS can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal year 2016, the Kentucky Skills Network provided training for nearly 95,000 Kentuckians and 5,000 companies from a variety of industry sectors.