Will create 80 jobs
CYNTHIANA, Ky. (July 22, 2015) — Commercial Specialty Truck Holdings (CSTH) is moving its subsidiary, Continental Mixer Solutions, to Cynthiana.
The company, which produces Ready-Mix truck bodies, will create 80 jobs and invest more than $2 million into the project. Continental Mixers has moved to a facility shared by another subsidiary of CSTH, E-Z Pack Refuse Hauling Solutions, which employs 100 people in the area.
“Any time a company makes the decision to relocate to Kentucky, it is exciting news,” said Gov. Steve Beshear. “Having Continental Mixers join E-Z Pack, which has been a successful and significant employer in the area for more than 50 years, means a team has been put together in Cynthiana that promises to have a positive and long-lasting impact on the Commonwealth.”
Continental Mixers relocated to Cynthiana from Houston and shares the 350,000-s.f. facility that presently houses E-Z Pack on Ladish Road. The company is a leading manufacturer of concrete mixers in the country and has been in operation since 1982. The move to Cynthiana will nearly double employment at the facility.
“Our plant in Cynthiana has provided a great platform for manufacturing growth, and we continue to invest in this facility and the workforce,” said Frank Busicchia, Continental Mixers president. “We have found the economic climate in Kentucky to be outstanding, and wish to thank the community of Cynthiana, Harrison County and the state economic development team for all their assistance in helping facilitate a smooth transition.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $2 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.
In addition, Continental Mixers is eligible to receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies are eligible to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. Last year, the Kentucky Skills Network trained more than 84,000 employees from more than 4,100 Kentucky companies.
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