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Japanese Firm Aska Corp. To Locate New Manufacturing Facility in Frankfort, Kentucky

FRANKFORT, Ky. (August 8, 2007) — The Kentucky Economic Development Finance Authority preliminarily approved Aska for tax benefits up to $300,000 under the Kentucky Industrial Development Act.

  [ 8/8/2007 ]  By: NEWS BRIEFS   Related Link...  Print This Article  Reprint/License This Article  

Aska Corp., headquartered in Kariya-City, Japan, recently announced that it will establish Aska USA Corp. in Frankfort. The factory automation system manufacturer will create 15 new full-time jobs with an average hourly wage of $28.50, exclusive of benefits. The project represents a $2 million investment.

The company has purchased a 20,000 square foot facility on approximately 9.5 acres in the Franklin County Industrial Park. Plans for the facility include the manufacture of factory automation systems. Additionally, the facility will handle sales and after-sales maintenance work. Operations are expected to commence in September 2007.

"It has been my dream to start a business in the United States. We are very pleased to establish the Aska USA Corp. in Frankfort, Ky., which is surrounded by a beautiful environment and excellent employees," said Keisho Katayama, president of Aska Corporation. "We appreciate all of the help from the Kentucky Cabinet for Economic Development in selecting the commonwealth for this venture."

The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved Aska Corp. for tax benefits up to $300,000 under the Kentucky Industrial Development Act (KIDA), an incentive program designed to attract and expand manufacturing operations in the state.

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