WURTLAND, Ky. (AP) -- An aluminum company says it will build a $1.3 billion facility near the border of Kentucky and West Virginia, pledging to hire 550 people and pay them average salaries of $70,000 in an area devastated by the loss of coal and manufacturing jobs.
Braidy Industries Inc. says the 2.5 million-square-foot facility in Greenup County, Kentucky, will produce 370,000 tons of aluminum for the automotive and aerospace industries, two of Kentucky's largest manufacturing sectors. The company says it expects to hire 1,000 people to build the plant early next year, with a scheduled completion in 2020.
The announcement brings much-needed jobs to the heart of Appalachia, which has been slow to recover from the effects of the Great Recession. Across the region, thousands of coal jobs have disappeared amid an ongoing industry decline.