Catalytic Converter Plant to Bring 50 Jobs

FRANKFORT, Ky. (AP) -- Mitsui Kinzoku Catalysts America Inc. will locate a plant in Frankfort making catalytic converters and creating 50 full-time jobs.

The company expects to invest $19.5 million in the project and wants to begin operations within two years.

Gov. Steve Beshear's office said the state has given preliminary approval for the company to receive tax incentives up to $500,000.

Mitsui Kinzoku, a subsidiary of Japan-based Mitsui Mining & Smelting Co. Ltd., will make catalytic converters for automobiles and motorcycles.

Beshear's office said there are more than 150 Japanese-owned companies in Kentucky, employing more than 37,000 people. The automotive industry employs nearly 80,000 people at more than 450 motor vehicle-related facilities in Kentucky.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 220335221