Received $970,000 grant
FRANKFORT, Ky. (Feb. 27, 2017) — The Kentucky Department for Local Government (DLG) approved funding for a $970,000 Community Development Block Grant (CDBG) for the purchase and lease of equipment to Hansens Aluminum for the development of a 75,000-square-foot facility within the Henderson Riverport Industrial Area.
Hansens’ investment totals $18.3 million for the acquisition of 10.3 acres of land, construction of the building and procurement of equipment. Hansens Aluminum has projected this expansion will create 50 jobs.
The CDBG program provides assistance to communities for use in revitalizing neighborhoods, expanding affordable housing and economic opportunities, providing infrastructure and/or improving community facilities and services.