121 Jobs Coming To Fulton, KY
FULTON, Ky. - Governor Steve Beshear was on hand Friday, promising to put another 121 people back to work. German-based Kayser Automotive Systems will produce car filtration systems starting January 1, 2013.
Renovations will soon begin at the plant on Kentucky Avenue. It once housed an ethanol plant that never opened.
Beshear told an energetic crowd Friday, "They're going to invest $17.5 million, that's something, that's something."
As the room erupted into applause Beshear added, "They like what they see in our Bluegrass State."
Economic Development Director Eddie Crittendon says with the announcement the county is one step closer to chipping away at a growing unemployment rate. At a rate of 17 percent without work they are the fourth hardest hit county in Kentucky.
In March, the county announced the arrival of MVP. Thanks to that manufacturing plant, 150 jobs were added to the local economy.
Governor Beshear promised additional efforts. He said he had visited Germany, Austria, and Asia.
He hinted at not just parts manufacturers but car manufacturers, "Landing the big manufacturing groups is a tough deal but we're always in contact with them."
The Fulton plant is the first Kayser plant in the United States. Beshear says the owners selected the site because of tax incentives and a promising workforce. Also, he said, the German town where Kayser is based is about the same size as Fulton.