Hendrickson USA, LLC, a supplier of heavy-duty transportation equipment, will open its newest operation in summer 2007 in Somerset, Ky., bringing 120 new jobs and more than $24.3 million in investment.
Hendrickson will occupy a 160,000 square foot facility, located on 19 acres in Somerset’s Valley Oak Industrial Park, where it will produce trailer axles and trailer air suspensions for the heavy-duty transportation industry.
"Hendrickson is excited about coming to the Somerset community," said Gary Gerstenslager, Hendrickson president and chief operating officer. "We would like to thank the state of Kentucky and the Somerset-Pulaski County Development Foundation for all of their support. We look forward to working with this community."
Somerset will be Hendrickson’s second facility in Kentucky. In 1998, the Truck Suspension Systems division opened a plant in Lebanon, Kentucky.
The Somerset plant becomes the sixth manufacturing plant for Hendrickson Trailer Suspension Systems headquartered in Canton, Ohio, a business unit of Hendrickson based in Itasca, Ill. Other trailer suspension facilities include a plant and research and development center at Canton; plants in Mitchell, S.D., Lebanon, Ind., Clarksville, Tenn., and Lugoff, S.C.; and distribution centers in Canada and Mexico.
Hendrickson began in 1913 with the founding of The Hendrickson Motor Truck Company and today is a major supplier to every North American heavy-duty truck and trailer OEM, as well as many manufacturers in Europe, Austria, Mexico, Japan, and Latin America. The Hendrickson operation comprises more than 3,000 people, with 21 facilities in the United States, Canada, Mexico, the United Kingdom, Spain, Australia and the Pacific Rim.
The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved Hendrickson USA, LLC for tax benefits up to $2.4 million under the Kentucky Industrial Development Act (KIDA), an incentive program designed to attract and expand manufacturing operations in the state.
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