KY company plans to expand to Owensboro - Tri-State News, Weather & Sports

KY company plans to expand to Owensboro

(Source: www.castlenwelding.com) (Source: www.castlenwelding.com)
DAVIESS CO., KY (WFIE) - Castlen Welding & Manufacturing has plans to expand to Daviess County, Kentucky.


The news was announced Tuesday by Governor Steve Beshear.


Castlen makes material-handling equipment for fertilizer and grain industries.


It's a $3.9 million investment which is expected to create up to 30 new jobs.


The facility is expected to be operational sometime in 2015.

Castlen's existing location in Maceo will still be used for custom fabrication and welding repair.

The Kentucky Economic Development Finance Authority has given preliminary approval for tax incentives for the company of up to $350,000 through the Kentucky Business Investment Program.

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