Lebanon Opens New Industry!
200 New Jobs!
GOVERNOR ERNIE FLETCHER ANNOUNCES JOY MINING MACHINERY TO LOCATE IN
"Today's announcement that an internationally respected company such
as Joy Mining Machinery has chosen Kentucky to locate its newest
operation emphasizes our continuing commitment to bring new jobs and
new opportunities to the commonwealth," Governor Fletcher said.
"Marion County and the entire state will gain a tremendous economic
boost by the addition of more than 200 new jobs and the
multi-million dollar investment. We commend Secretary Strong and
his staff for their work in bringing more than 4,000 new jobs to
Kentucky in the last two months," Governor Fletcher added.
The company has purchased a 90,000 square foot building on 13 acres
in Marion County which is expected to be operational by Fall 2005.
"We are excited to be expanding our operations to Lebanon," said
Mike Sutherlin, President of Joy Mining Machinery. "We will be
ideally located to serve our customers in Kentucky and surrounding
states."
Headquartered in Warrendale, Pennsylvania, Joy Mining Machinery was
founded in 1919 by Joseph Joy and is the leading producer of
underground mining equipment for coal and other bedded materials
like trona, salt and gypsum. Its parent company, Joy Global Inc.,
is located in Milwaukee, Wisconsin as is Joy Mining's sister
company, P&H Mining Equipment, which manufactures electric shovels,
drills and draglines for surface mining operations. Joy Global Inc.
had combined sales of $1.4 billion in 2004.
"We are very proud to have Joy Mining Machinery locate in our
community," said Tom Lund, Executive Director of the Marion County
Industrial Foundation. "We look forward to the diversification the
company will provide to our community and our economy."
All Joy Mining Machinery products are distributed and supported by
the company's 46 facilities located in eight countries around the
world. The Joy facilities include sales offices, manufacturing
plants, service centers and/or parts warehouses located in
Australia, India, People's Republic of China, Poland, Russia, South
Africa, United Kingdom and the United States. Two of its warehouses
are currently located in Henderson and Lovely, Kentucky.
The Kentucky Economic Development Finance Authority (KEDFA) approved
Joy Mining Machinery for tax benefits up to $4.6 million under the
Kentucky Rural Economic Development Act (KREDA), an incentive
program designed to increase manufacturing employment in the
commonwealth.
Those interested in applying for employment at the new Joy facility
in Lebanon should contact or visit the local Department of
Employment Services located at 634 W. Main Street, Lebanon or call
270-692-6870. A community profile for Marion County can be found at
the following link:
http://www.thinkkentucky.com/edis/cmnty/cw042/Location.htm.
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The Kentucky Cabinet for Economic Development is the primary state
agency in Kentucky responsible for creating new jobs and new
investment in the state. New business investment in Kentucky in 2004
totaled nearly $2.3 billion with the creation of just over 16,500
new jobs. Information on available development sites, workforce
training, incentive programs, community profiles, small business
development and other resources is available at
www.thinkkentucky.com.
