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Gibbs Die Casting announces expansion-The 18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
10/20/2016 Die-casting expo-foundry expo |
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GIBBS DIE CASTING, A SUPPLIER OF ALUMINUM DIE CAST COMPONENTS AND ASSEMBLIES, PLANS TO EXPAND ITS NORTH AMERICAN MANUFACTURING COMPLEX IN HENDERSON WITH A $10 MILLION INVESTMENT PROJECTED TO CREATE 46 FULL-TIME JOBS.
THE ANNOUNCEMENT WAS MADE BY KYNDLE, AN ECONOMIC DEVELOPMENT VEHICLE FOR HENDERSON, WEBSTER, UNION AND MCLEAN COUNTIES.
GIBBS WILL INVEST IN NEW EQUIPMENT AND BUILDING MODIFICATIONS IN HENDERSON TO CAPITALIZE ON NEW MARKET OPPORTUNITIES, AND ADVANCED LEAN-MANUFACTURING METHODS, ACCORDING TO THE KYNDLE NEWS RELEASE. GIBBS SUPPLIES ALUMINIUM DIE-CAST-AND-MACHINED AND ASSEMBLED COMPONENTS FOR THE AUTOMOTIVE INDUSTRY AND SOME NON-AUTOMOTIVE CUSTOMERS
THE COMPANY OPERATES TWO DIE CASTING PLANTS AND A MACHINING PLANT IN HENDERSON. THE EXPANSION WILL RE-OPEN AN ADDITIONAL DIE CAST PLANT AND OPEN AN ADDITIONAL MACHINING FACILITY.
"GIBBS DIE CASTING IS EXTREMELY EXCITED WITH OUR UPCOMING CASTING AND PRECISION MACHINING EXPANSION PROJECTS IN HENDERSON," STEVE CHURCH, PRESIDENT AND CEO OF GIBBS, SAID IN THE NEWS RELEASE. "THE FACILITY AND PRODUCTION EQUIPMENT INVESTMENTS WILL ALLOW GIBBS TO ADVANCE OUR TECHNOLOGY AND SECURE OUR FUTURE AS ONE OF HENDERSON''S LARGEST EMPLOYERS. WE ARE GRATEFUL TO THE STATE OF KENTUCKY FOR THE APPROVAL OF INCENTIVES UNDER THE KENTUCKY BUSINESS INVESTMENT PROGRAM AND TO KYNDLE FOR THEIR CONTINUED LOCAL SUPPORT."
FOUNDED IN HENDERSON IN 1965, GIBBS IS A TIER 1 AND TIER 2 SUPPLIER TO THE AUTOMOTIVE INDUSTRY. IT HAS GROWN INTO ONE OF THE WORLD''S LARGEST DIE CASTING COMPANIES WITH LOCATIONS IN BRAZIL, HUNGARY AND CHINA.
"GIBBS DIE CASTING HAS BEEN A WONDERFUL COMPANY FOR OUR COMMUNITY WITH A STABLE WORKFORCE AND PRODUCING A PRODUCT THAT IS KNOWN AREA-WIDE AS TOP OF THE LINE," HENDERSON MAYOR STEVE AUSTIN SAID IN THE RELEASE. "WE ARE EXTREMELY HAPPY THAT GIBBS HAS AN OPPORTUNITY TO EXPAND ITS OPERATIONS AND GROW IN HENDERSON."
-The
18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
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