Local manufacturer plans to add 700 jobs with new $60 million facility
Kentuckiana Curb Company LLC, a division of KCC Companies, is planning a $60 million investment for the construction of a new facility.
KCC Companies, one of the area’s fastest-growing firms by revenue, is based locally at 2716 Grassland Drive and has four main divisions: heating and cooling, mechanical, MSP technology and manufacturing. The newly proposed facility will be located in Simpsonville, Kentucky, to support the manufacturing sector of the business and is expected to create 700 jobs.
The 380,000-square-foot facility will be located on 80 acres along Buck Creek Road in Simpsonville, Kentucky. It will support the company’s production of HVAC equipment, as well as roof curbs, curb adapters and other sheet metal products for roof-mounted air conditioning equipment for a growing customer base, according to a news release.
Anthony Balbach, chief financial officer for KCC Manufacturing, said in a news release the company was excited to further its expansion efforts in the commonwealth and the company’s vision is one of promoting the healthy building initiative with its lineup of outdoor air units and other HVAC products, the production of which the new facility will support.
“We are fortunate to have partnered with the Kentucky Economic Development Finance Authority (KEDFA), Shelby County Industrial and Development Foundation and our great commonwealth of Kentucky to make this vision a reality,” Balbach said in a news release. “As a 100% employee-owned company, we are looking forward to welcoming new team members and continuing our evolution as a premier technological and exceptional quality manufacturer.”
The project received preliminary approval from KEDFA for $10 million in tax incentives through the Kentucky Business Investment program. The KBI program requires certain job and hourly wage targets KCC Companies must meet in order to receive the incentives.
For this project, the job target for its first year is 150 with an ultimate goal of 700 employees by the 10-year mark. The wage target across all 10 years, including employee benefits, is $29 per hour.
The company also will be required to maintain 90% of its total, full-time, Kentucky resident employees at all company locations excluding the site of the project as of the approval date, which is April 29.
Additionally, KEDFA approved KCC for up to $500,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing, the news release said.
According to the KEDFA document, the greatest expense associated with the project will be building costs, which are listed at $33 million. The next highest cost is $20 million for equipment, with land and other startup costs equaling $7 million.
Gov. Andy Beshear said in a news release that as the state builds Kentucky’s economy post-pandemic successfully, companies like KCC are looking to grow.
“This company impacts a range of businesses, from agritech to local schools and health care facilities, and I am proud the company has decided to expand its presence here in our commonwealth,” Beshear said. “KCC has been a strong Kentucky-based employer for more than 40 years, and I look forward to its continued success in the years ahead.” KCC Cos. had 2019 revenue of $131 million.