Kentucky Gov. Andy Beshear highlighted continued momentum of the state’s manufacturing sector as Greenville Manufacturing Kentucky – a maker of equipment for the agriculture, forest products and biomass sectors – will relocate to a new facility in Muhlenberg County with a $16.2 million investment and create 250 Kentucky jobs.
“Kentucky’s historic economic momentum comes thanks to the continued success within our key industries, including manufacturing,” said Gov. Beshear. “This investment will bring hundreds of high-quality, full-time job opportunities to families in Western Kentucky and will provide a substantial economic boost to the region. I am excited to see the company’s future success here in our New Kentucky Home.”
Greenville, a Floyd Holdings member company, will locate a new manufacturing facility at Paradise Regional Industrial Park in Muhlenberg County, the first project to be established at the site. The investment will include new equipment and increased operational space to meet growing consumer demand and company growth. The project will create 250 new, Kentucky jobs with construction of the facility expected to begin this month and anticipated to be completed in November of next year.
The project also represents a major success for the Kentucky Product Development Initiative, the state’s site development initiative, as the Paradise Regional Industrial Park site was approved for $745,000 in state support in 2023.
“This new facility was earned by the loyal, dedicated employees in Kentucky and the support of the community,” said Dane Floyd, CEO of Floyd Holdings. “Our companies have experienced incredible growth, and we had to decide where to grow next. Starting almost from day one in Greenville, the outreach and support of local leaders like Judge McGehee and Ray Hagerman really reinforced what a great community we had been welcomed to. With great employees, forward-thinking local leaders, great training facilities and state support all the way to Gov. Beshear’s office, my decision was an easy one. I congratulate this community on receiving this investment and I look forward to further investment here as well. Thank you all for allowing us to be part of your great community.”
Greenville Manufacturing Kentucky makes bulk material handling equipment sold under the Biomass Engineering and Equipment (BE&E) brand, which is used primarily in the agriculture, lumber, wood pellet, recycling, biochar and other biomass-related industries. The company currently operates a facility in Muhlenberg County that employs 53 Kentuckians. The new facility will allow continued growth in sales, outreach into new industries and facilitate more in-house manufacturing and less outsourcing.
Muhlenberg County Judge/Executive Mack McGehee noted the economic impact the project will have on the area: “This is a long-awaited, great day for all that have been involved in the development of Paradise Regional Industrial Park. This is a great company who is providing new manufacturing jobs which will impact our region’s economy for many years to come. I personally want to thank Gov. Beshear and the Kentucky Cabinet for Economic Development for their support in bringing this to Muhlenberg County. I also want to commend Muhlenberg Economic Growth Alliance Executive Director Ray Hagerman and his staff on a job well done.”
Ray Hagerman, executive director of Muhlenberg Economic Growth Alliance, is excited to welcome the company to the community: “This is a great day for Muhlenberg County and the surrounding region. These jobs and their economic impact will be game-changing for the area. This will be the first client at Paradise Park Regional Industrial Park, and we celebrate along with our partners in Daviess, Hopkins, McLean and Ohio counties in providing opportunities for the entire region.”