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 Bowling Green plant will allow BFS to better serve its customers in Louisville and Lexington, as well as those in the Indiana and northern Tennessee markets. As well, the new location will also allow the company to explore business possibilities in other regions. Mainly, the plant will manufacture roof and floor components for residential and multi-family construction.
“We are very excited to enter the Bowling Green market as we expand our operations to better serve our customers in the Kentucky and Tennessee regions,” said Steve Herron, Builders FirstSource senior vice president of operations for Region 5. We also look forward to becoming a part of the Bowling Green community and supporting the local economy and the great state of Kentucky.
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.
Story courtesy of wcluradio.com