|
(November
18, 2008)
Franklin, Kentucky (from the Franklin Favorite).
Some 350 people gathered to honor industries throughout Simpson County
at the 2008 Franklin-Simpson County Industrial Appreciation Luncheon,
mirroring the growth of industry in the County over the past decade.
Two major manufacturers-Integrity/ZAP and Wabash National Corp., which
could collectively employ nearly 1,500 at start-up are expected to
launch their operations next year. In 2008, over 75 percent of the new
jobs announced in Kentucky belonged to Franklin.
"Franklin-Simpson has had quite a year in economic development,"
County Judge/Executive Jim Henderson said. "For the second time in 10
years, Franklin led the state in the number of new manufacturing jobs
announced in any community in Kentucky."
The electric car and tractor-trailer projects as well as a Nevada
steel cabinet maker which plans to locate here are on hold due to the
credit crunch and other economic factors.
"Because of the volatility with the stock market and the banks, all of
these projects are unfortunately on hold right now and waiting for the
national economy to recover," Industry Authority Board Chairman Gary
Broady said. "But, despite these delays, 2008 has proven to be an
excellent year.”
Broady said the number of manufacturing jobs in Simpson County
continues to hover around the 4,000 mark.
Broady said the industrial boom has resulted in new retail
establishments, restaurants and service industries opening in Franklin
despite the shaky economy.
Franklin Mayor Jim Brown recognized outgoing state Sen. Richie
Sanders and state Rep. Rob Wilkey on behalf of the Industrial
Authority for contributions to economic development in the community.
Both did not seek re-election this year.
 
County Judge Henderson recognized companies which announced or
expanded in Franklin this year:
-
Wabash National Trucking Corp., a
leading manufacturer of semi-trailers in North America, has selected
a 100 acre site in the East Industrial Park to build a 300,000
square-foot plant that will employ 460. It will represent a $26
million investment. Construction is expected to begin in the spring
of 2009.
-
Valley Ridge Corp. is planning to locate
a manufacturing facility on Quick Draw Drive just off Ky. 1008 in
south Franklin. The business moved here from New York and provides
metered concrete as well as wall blocks, landscape blocks and other
concrete products. It will employ 10.
-
The state's biggest economic development
announcement of 2008 came in August when Integrity Automotive and
ZAP announced that they would partner and build a 1 million square
foot electric vehicle manufacturing plant in the North Industrial
Park in Franklin that would employ 1,000 up front and 4,000 at peak
production. ZAP manufacturing operations in China will be moved to
the Franklin plant, which is expected to begin producing electric
vehicles in the fourth quarter of 2009.
-
Harman Becker Automotive, which was last
year's Industry of the Year, underwent its third expansion at their
facility in north Franklin since coming here in 2000. The $8.6
million expansion boosted total square footage to 150,000 and
created 150 additional jobs.
-
Goodrum Pallet located here in 2005 and
outgrew its 24,000square-foot facility, acquiring a 90,000
square-foot building on West Madison Street earlier this year. The
expansion should result in 10 new jobs and bring employment to 40.
Henderson recognized several new retail and service projects:
-
Williams Construction of Bowling Green
is building a shopping center next to Lowe's that will initially be
home to Hibbett's Sporting Goods, ColorTyme Rental and Fox Pizza.
-
Across the street from the Williams
Shopping Center and close to Wal-Mart is another new retail center
under construction. It will be home to an upscale Mexican
restaurant and as many as five other retail businesses.
-
Peebles Department Store opened recently
in the Franklin Plaza Shopping Center.
-
"Despite hard economic times throughout
the country, the Franklin-Simpson County area has been fortunate to
have new industries .and industrial expansions during the past year
as well as new retail businesses," Henderson said. "We want to thank
all of these companies that are represented here today and
appreciate their belief and their investment in our community”.
|