Zeon to invest in Louisville plant

ERJ staff report (DS)

Louisville, Kentucky - Zeon Chemicals is investing $3.5 million in its Louisville manufacturing facility. Tax incentives totaling $1,750,000 will assist in upgrading the facility's utility infrastructure and improving process controls. Both projects are critical to the long-term viability of the plant.

The manufacturing plant at 4100 Bells Lane produces specialty elastomers for the industrial, housing, adhesive, oil and gas industries and automotive suppliers. The Louisville facility is also home to the company's US corporate headquarters, including sales, marketing, research and development. It currently employs 212 people with an annual payroll of $14.7 million.

"We're grateful for the incentives approved by the KEFDA which, combined with Zeon Chemicals' investment, will allow us to upgrade our Kentucky facility and maintain the manufacturing jobs this state needs. We have a long history in the Louisville area and by making these improvements, we can remain both competitive globally and strong locally" said Tom Gettelfinger, CEO of Zeon Chemicals.

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Press release from Zeon