Owl's Head Alloys in Bowling Green has received preliminary approval for tax incentives for an expansion that could create or retain jobs.

The aluminum recycling facility got approval for $400,000 in incentives from the Kentucky Economic Development Finance Authority.

The money will allow the company to build room to install an additional smelting furnace.

Governor Steve Beshear is expected to be in Bowling Green Tuesday for the economic development announcement regarding the company.