EZ Portable Buildings, a portable building manufacturer, will create 90 jobs and invest $1.25 million into the project.
"I want to personally welcome EZ Portable Buildings to the Commonwealth," said Gov. Beshear. "It's always exciting when a growing company chooses to relocate and brings more jobs to the state. I look forward to seeing EZ Portable Buildings flourish in western Kentucky."
The company will move into the 335,000 square foot facility before the end of the month.
Hiring is already underway.
"We here at EZ Portable Buildings Inc. are excited to be coming to Kentucky," said Trendon Burnett, president of EZ Portable Buildings. "We look forward to being able to employ the people of western Kentucky and provide a high-quality and friendly work environment. We would like to thank the Kentucky Cabinet for Economic Development and Paducah Economic Development for all of their hard work and support on this project, and we look forward to a lasting and growing relationship with the region."
EZ Portable Buildings has been manufacturing and selling portable storage buildings since 2013. These customizable wooden structures come in 250 different shapes and sizes. In addition to storage facilities, the company also produces small houses and cabins.
To encourage the investment and job growth in McCracken County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $375,000 through the Kentucky Business Investment program.
The performance based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
"I'm pleased to hear that EZ Portable Buildings has decided to relocate to McCracken County," said Sen. Bob Leeper, of Paducah. "Our community and our people are top notch, and by choosing McCracken County as their new home, EZ Portable Buildings is confirming that. We appreciate the investment they are making."
"I'm really pleased to see Kentucky lure jobs like this from our competitor states and know that EZ Portable will find McCracken County to be an ideal home because of our unparalleled workforce and quality of life," said Rep. Gerald Watkins, of Paducah. "I want to thank our local and state economic development officials for working with the company to make this possible."
"A great economic development strategy is comprehensive of both recruiting new companies and helping local companies grow and succeed," said McCracken County Judge-Executive Van Newberry. "EZ Portable Buildings' location in the old Essex Wire plant is the highest and best use of that property and will create jobs for our citizens."
"Helping entrepreneurs create manufacturing jobs in McCracken County is what we are all about," said Chuck Sexton, Director of Paducah Economic Development. "Hopefully, these tax credits will help EZ Portable Buildings succeed and hire more people than they could otherwise."For more information on EZ Portable Buildings, Inc., visit http://www.ezpb.com.
Information provided by Office of the Governor
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