FRANKFORT, Ky. (Aug. 17, 2015) – Governor Steve Beshear today announced plans for Site-Safe Products, a manufacturer and installer of highway and work zone safety systems, to build a new facility in Grayson County.
Site-Safe plans to invest $1.7 million to build a new, more efficient facility on 26 acres in the Leitchfield Industrial Park to streamline its manufacturing process and allow for future growth.
"This investment is a great example of growth in a Kentucky business," said Gov. Beshear. "To see a company choose to locate its new facility in the heart of our state highlights the Kentucky advantage for logistics and the strong business climate."
This is Site-Safe's second recent expansion in Kentucky.
As Site-Safe expands its regional footprint in the safety industry, the company plans to bring its operations together under one roof to poise itself for growth.
In 2014, the company made significant investments in its primary location in nearby Clarkson, which will remain its administrative office. The current project, which will be completed this fall, is the next step for Site-Safe's growth.
"Our mission at Site-Safe is to expand into a nationally recognized highway safety products company driven by the opportunity for our employees to grow and prosper from within," said David Rich, president of Site-Safe. "With the support from the Kentucky Cabinet for Economic Development, we can continue moving towards our goal at a rapid pace."
Site-Safe specializes in the development, sale, rental and services of safety equipment for traffic control, pedestrian safety, perimeter security and work zone safety. The company works with construction and energy contractors in the United States and Canada. The company currently has 26 employees in Kentucky.
"We are very appreciative of the $1.7 million investment Site-Safe has made in Grayson County," said Sen. Carroll Gibson, of Leitchfield. "It is wonderful to see the manufacturing industry alive and well in the Commonwealth, and we are happy to provide the business-friendly nature for such an investment in our community."
"Over the past 14 years we've had the pleasure of watching Site-Safe grow from a single facility to their current campus-style setup in Clarkson," said Leitchfield Mayor William H. Thomason. "As they transition production to a 26-acre facility in neighboring Leitchfield, I'm sure that we'll continue to see great things from this organization."
"The Grayson County Fiscal Court and I are certainly proud of the continued growth and progress of Site-Safe," said Grayson County Judge-Executive Gary Logsdon. "We would like to congratulate them on their new facility and wish them future success in our community."
To encourage the investment and job creation in, the Kentucky Economic Development Finance Authority approved the company for tax incentives up to $45,000 through the Kentucky Enterprise Initiative Act. The program allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
In addition, Site-Safe is eligible to receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies are eligible to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. Last year, the Kentucky Skills Network trained more than 84,000 employees from more than 4,100 Kentucky companies.
For more information on Site-Safe, visit www.sitesafeonline.com.
A detailed community profile for Grayson County can be viewed here.
Information on Kentucky's economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky. Watch the Cabinet's "This is My Kentucky" video on YouTube.
The Kentucky Cabinet for Economic Development is the primary state agency responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2014 totaled a state record $3.7 billion, spurring more than 15,000 projected new jobs. The Commonwealth also received Site Selection magazine's nationally acclaimed Governor's Cup for most economic development projects per capita last year. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.