Adkev to move into former Caterpillar facility, create 70 jobs; logistics company expands locations

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Adkev Inc., a family-owned custom plastic injection molding manufacturer, will locate in Boyle County with a nearly $15.7 million investment that is expected to create 70 full-time jobs, Gov. Matt Bevin announced Friday.

“Adkev is a tremendous success story that highlights how a small startup business can blossom into one of the top performers in its industry,” Bevin said. “The company’s stature within the automotive and appliance industries, together with its commitment to customers, employees and community, make it a perfect fit for Kentucky. I congratulate both Adkev and the Boyle County area for this exciting next step in their incredible journey.”

Adkev will locate in a 190,000-square-foot former Caterpillar Inc. facility in Danville making automotive HVAC, electronic and trim components. Company leaders plan to buy the building by year-end, complete a refurbishment then open by mid-2019. The new factory will provide access to the Southeastern US market and improve proximity to customers.

“Expanding into a third facility in the Southeast region is in response to our core mission to provide stability and opportunity to our employees, communities and customers,” said Adkev President Gary Rheude.

Headquartered in Goodland, Ind., Adkev manufactures custom plastic injection molding products for the automotive, appliance and industrial industries. The company also operates a facility in Monticello, Ind., employing more than 350 employees across its two locations.

In 1987, Gary and Cathleen Rheude founded Adkev in their Indiana hometown, naming the company after their sons, Adam and Kevin. Among their first products were bobbins and various plastic components for the electronics industry. Adkev moved to a permanent facility in Goodland in 1993 and expanded to Monticello in 2007. The company has since grown to become one of the top 100 molders out of thousands in the US as ranked by industry publication Plastics News.

Sen. Rick Girdler, of Somerset, expressed enthusiasm about the potential Adkev has in Boyle County.

“I am pleased to hear that Adkev has committed to Danville and the surrounding region by investing over $15 million in its newest location. Danville is a growing city, and the addition of 70 new jobs is welcome news. I look forward to Adkev’s partnership with our community and look forward to the company’s success in Boyle County.”

To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in June preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.

Adkev also can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal year 2016, the Kentucky Skills Network provided training for nearly 95,000 Kentuckians and 5,000 companies from a variety of industry sectors.

For more information on Adkev, visit www.adkev.com.

Bluegrass Supply Chain Services to add new Park City location, upgrade Shepherdsville operation

The Bluegrass Supply Chain Services LLC, a third-party logistics provider for the automotive and food and beverage industries, will invest more than $3.35 million and create 51 jobs at two locations: a new operation in Edmonson County and upgrades at its Bullitt County facility.

“Bluegrass Supply Chain Services has been a customer-focused and high-growth employer in Kentucky for the past 15 years,” Bevin said. “Their decision to open a fourth location in the commonwealth and to reinvest in an existing facility is a compliment to Kentucky’s leadership in the distribution and logistics sectors. I congratulate BSCS and thank its leaders for their continued confidence in Kentucky.”

The company will invest more than $1.78 million to lease and upfit a building in Park City for office and warehouse space, and more than $1.57 million for similar upgrades in Shepherdsville. The projects will create 27 and 24 full-time positions, respectively.

“We are thrilled to continue our growth and expansion in the Shepherdsville area,” said John Higgins, president of BSCS. “This incentive program provides a mechanism for Bluegrass to compete with other companies outside of Kentucky.”

Headquartered in Bowling Green and founded in 2002, BSCS provides warehousing, quality support, light assembly and transportation management services to customers across four states. In addition to its Bowling Green and Shepherdsville locations, BSCS operates a 49-job facility in Russellville. The new jobs will bring its total Kentucky employment to about 590.

Sen. Dan “Malano” Seum, of Fairdale, bid the company well as it expands its presence in the region.

“It’s a great day for our city and our state when a local employer decides to expand its operations,” Sen. Seum said. “I thank Bluegrass Supply Chain Services for this new investment in Shepherdsville and wish the company all the best in its future endeavors.”

Rep. Dan Johnson, of Mt. Washington, said the state’s efforts to attract business are producing results.

“Bluegrass Supply’s significant expansion in Shepherdsville is fantastic news for Bullitt County, and will bring more jobs and increased opportunity to our area,” Rep. Johnson said. “The legislature’s work to make Kentucky more business friendly is already paying off for our workers, and I applaud the Governor for his continuing efforts to bring more investment to the commonwealth.”

For more information on Bluegrass Supply Chain Services, visit www.bluegrass-scs.com.

Ammo casings plant to locate in Pulaski County, create 50 jobs

ShellTech LLC, a newly formed high-volume manufacturing subsidiary of Shell Shock Technologies LLC, plans to locate an ammunition shell casing factory in Pulaski County with a $3.2 million investment that will create 50 full-time jobs.

“Kentucky welcomes this investment by ShellTech, the newest member of our state’s booming engineering and manufacturing sector,” Bevin said. “Their decision to locate in the commonwealth and bring excellent jobs to our communities, reflects positively on our state. I am grateful for their site selection and look forward to their success in the months and years ahead.”

ShellTech’s new facility in Eubank will manufacture lightweight, nickel-alloy and aluminum NAS³ cartridge cases designed by its parent company, Shell Shock Technologies LLC of Westport, Conn.

ShellTech is purchasing an existing 14,000 square-foot facility and 11 acres previously home to the contract manufacturer of SIG SAUER ammunition and will assemble NAS³ cases under a long-term contract from its parent company.

The new operation will begin with assembling 9mm cases before adding 5.56 mm, .308, .45 ACP, 380 and .40 S&W cases along with a selection of other popular pistol and rifle calibers.

“Our new high-volume manufacturing facility in Eubank, Ky. will give us the scale necessary to accelerate the market introduction and commercialization of Shell Shock’s NAS³ case technology,” said Craig Knight, president and CEO of both Shell Shock Technologies and ShellTech. “We’re extremely grateful for the support provided by the commonwealth of Kentucky, Pulaski County and the various regional and local development agencies. We appreciate their belief in Shell Shock’s technology, development plan and potential. We’re also looking forward to getting involved in, and giving back to, the local community.”

Shell Shock’s two-piece NAS³ cases use a nickel-alloy cylinder mated to an aluminum base. The NAS³ design offers multiple advantages including approximately 50 percent weigh savings versus traditional brass casings; corrosion resistance; greater durability for hand loaders; and after firing, they can be picked up with a magnet.

Founded in 2015, Shell Shock is an early stage technology and manufacturing company focused on developing innovative case designs. The company introduced the NAS³ technology in 2016 and sales have since grown exponentially.

Shell Shock is a component manufacturer supplying shell cases to the shooting sports market, as well as to US and foreign ammunition manufacturers, law enforcement, military and other government agencies. Neither Shell Shock nor ShellTech loads ammunition.

Sen. Rick Girdler, of Somerset, said the region welcomes its newest corporate resident with open arms.

“I want to welcome ShellTech and its parent company, Shell Shock Technologies, to Pulaski County,” Sen. Girdler said. “The creation of new jobs in our region is always celebrated news, and I wish ShellTech the best in this endeavor and thank the company for his new investment.”

Rep. Tommy Turner, of Somerset, noted the positive impact ShellTech could have on the region.

“My district has suffered a lot through the downturn in the economy, but it’s nice to see that we are rebounding. Further, I am happy to see a company making shell casings has decided to invest in our region,” Rep. Turner said. “As a hunter myself, it is nice to see a company in the ammo business coming to our community.”

For more information on the technology ShellTech will produce, visit www.shellshocktechnologies.com.

From Governor’s Office Communications

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