Will create 80 jobs
CATLETTSBURG, Ky. (Sept. 17, 2015) — Officials today cut the ribbon on the new company facility of EN Engineering in Catlettsburg. The company will create 80 new jobs and invest $2.8 million into the project.
“This project is a great opportunity for eastern Kentucky, and I want to offer congratulations to EN Engineering and the region on this milestone,” said Gov. Steve Beshear. “With more than 80 percent of Kentucky’s announced new investment over the past five years coming from existing business, it shows that the commonwealth is a place where companies want to further their growth. EN Engineering making this investment and adding engineering jobs is the latest example of that commitment.”
EN Engineering provides comprehensive engineering, consulting, design, integrity management, corrosion protection and automation services to energy and industrial clients, including natural gas and oil transmission and distribution companies, as well as petroleum refineries. The company currently employs more than 100 workers in the commonwealth and is expanding its engineering capacity to better serve the tri-state region of Kentucky, West Virginia and Ohio.
“Our strong client focus has led to additional growth, and we are excited to continue our expansion in Kentucky,” said Tom Ziegenfuss, president of EN Engineering. “Our employees have been providing quality engineering services in the region since 1994.”
The company’s expanded 24,000-s.f. facility will provide the additional space needed for its growing Kentucky operations. The company currently operates 13 offices throughout the country with over 800 employees.
EN Engineering is benefitting from economic development programs created in 2009, when Beshear and lawmakers overhauled and modernized the state’s economic development tools—called Incentives for a New Kentucky (INK). Since the INK legislation, more than 700 approved projects have been announced due to one or more of the INK programs, leading to more than 55,000 total new and retained jobs and an investment in the state of nearly $10 billion.
“Eighty new jobs coming to eastern Kentucky is tremendous news,” said Lt. Gov. Crit Luallen. “The commonwealth’s focus on the industrial energy sector continues to grow, and the expansion of EN Engineering will be a major part of that going forward.”
To encourage the investment and job growth in unincorporated Boyd County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1 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.
Add Comment