250 new jobs coming to Muhlenberg Co.

MUHLENBERG CO., Ky. (WFIE) – Gov. Andy Beshear says Greenville Manufacturing Kentucky – a maker of equipment for the agriculture, forest products and biomass sectors – will relocate to a new facility in Muhlenberg County with a $16.2 million investment and create 250 Kentucky jobs.

Watch his Team Kentucky update here:

“Kentucky’s historic economic momentum comes thanks to the continued success within our key industries, including manufacturing,” said Gov. Beshear. “This investment will bring hundreds of high-quality, full-time job opportunities to families in Western Kentucky and will provide a substantial economic boost to the region. I am excited to see the company’s future success here in our New Kentucky Home.”

Greenville, a Floyd Holdings member company, will locate a new manufacturing facility at Paradise Regional Industrial Park in Muhlenberg County, the first project to be established at the site.

The investment will include new equipment and increased operational space.

Construction of the facility is expected to begin this month and anticipated to be completed in November of next year.

The Paradise Regional Industrial Park site was approved for $745,000 in state support in 2023.

Greenville Manufacturing Kentucky makes bulk material handling equipment sold under the Biomass Engineering and Equipment (BE&E) brand, which is used primarily in the agriculture, lumber, wood pellet, recycling, biochar and other biomass-related industries.

The company currently operates a facility in Muhlenberg County that employs 53 Kentuckians.

“This is a long-awaited, great day for all that have been involved in the development of Paradise Regional Industrial Park. This is a great company who is providing new manufacturing jobs which will impact our region’s economy for many years to come. I personally want to thank Gov. Beshear and the Kentucky Cabinet for Economic Development for their support in bringing this to Muhlenberg County. I also want to commend Muhlenberg Economic Growth Alliance Executive Director Ray Hagerman and his staff on a job well done,” said Muhlenberg County Judge Executive Mack McGehee.

The Kentucky Economic Development Finance Authority (KEDFA) Thursday preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program.

The performance-based agreement can provide up to $7 million in tax incentives based on the company’s investment of $16.2 million and annual targets of:

• Creation and maintenance of 250 Kentucky-resident, full-time jobs across 15 years; and
• Paying an average hourly wage of $26.07, including benefits, across those jobs.

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates.

The company may claim eligible incentives against its income tax liability and/or wage assessments.

In addition, Greenville Manufacturing can receive resources from Kentucky’s workforce service providers.

Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

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