Link-Belt Construction Equipment Co. recently announced its intention to expand its crane manufacturing and support capabilities at the worldwide headquarters in Lexington, Ky. The project will ultimately create 120 new jobs and represents a capital investment of over $24 million in the commonwealth.
Link-Belt is a worldwide leader in the design, manufacturing, and sales of telescopic and lattice boom cranes. Headquartered in Lexington since 1986, Link-Belt has made continuous improvements to the facility and has become the most modern crane manufacturing facility located in North America.
"This 90,000 square-foot expansion, added to our existing 592,000 square-foot facility, will further expand Link Belt’s commitment to serve customer needs worldwide with quality crane products and superior customer support," said Chuck Martz, President and CEO of Link-Belt Construction Equipment.
The Kentucky Economic Development Finance Authority preliminarily approved Link-Belt for tax benefits up to $2.4 million under the Kentucky Industrial Development Act, an incentive program designed to attract and expand manufacturing operations in the state.
For MORE NEWS BRIEFS, click here.
For a FREE SUBSCRIPTION to Expansion Management magazine, click here.
For MORE NEWS BRIEFS SORTED BY STATE, click here.
For MORE NEWS BRIEFS SORTED BY INDUSTRY or FUNCTION, click here.
For MORE NEWS BRIEFS SORTED BY COUNTRY, click here.
Means the article is accessible only to our magazine subscribers.
