Cannon Automotive Solutions, Inc., an affiliate of The Electromac Group, recently announced that it will locate its newest manufacturing operation on approximately 14 acres in Bowling Green’s Kentucky Transpark. The $13.1 million investment is expected to create up to 100 new full-time jobs during the first five years of operation, with an average hourly wage of $17.90.
Plans for the new facility include the manufacture of individual component stampings for frames to be installed in the 2009 next generation Ford F-150 pickup truck. Construction on the 59,500 square foot facility is scheduled to be complete by October 2007. The project represents the second new location announcement for the Kentucky Transpark in the last month.
"The Electromac Group is pleased with the choice of Bowling Green, Kentucky, as the site for its new state-of-the-art manufacturing facility. We believe that Bowling Green and Kentucky will provide the necessary base for our company to expand and develop into the future," said Ron Truant, vice president of The Electromac Group.
The Electromac Group, established in 1955 in Windsor, Canada, is a single source supplier for turnkey tooling and production of metal stampings to the automotive industry. The company employs approximately 250 people at its five existing facilities in Canada and Michigan.
The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved Cannon Automotive Solutions, Inc. for tax benefits up to $1 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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