Beaver Dam, Ky.-based WPT Nonwovens Corp. has announced a $6 million investment in a second plant to add capacity for materials used in hygiene and filtration products. The new plant, to be located in an existing 60,000-square-foot facility, will house a state-of-the-art nonwovens line and add 40 jobs to the company’s existing 57 employees. WPT completed an expansion on its current facility in 2015, which now is nearing capacity. The latest investment was supported by the preliminary approval of a tax incentive of up to $750,000 through the Kentucky Business Investment program, which is a performance- based plan that allows the company to keep a portion of its investment of the agreement term through corporate tax credits and wage assessments as long as it meets job and investment targets. In addition, WPT can take advantage of no-cost recruitment and reduced-cost job training resources offered by the Kentucky Skills Network.
“We’re excited to grow our company in Ohio County, and most of all, I’m proud of the hard work and dedication from our team of employees,” said Travis Robbins, plant manager, and grandson of company founder Wayne Robbins. “Without their countless hours, attention to detail and dedication to our customers, this would not be possible. Our new state-of-the-art facility will be online in late March, and we look forward to the opportunity to supply a high-quality product to the region’s and commonwealth’s nonwoven hygiene and filtration markets.”
November/December 2017
