Worldwide Technologies — a diversified company which essentially services other industries’ needs — will move from Bowling Green to Franklin along with about 54 jobs.

The move is already under way. Worldwide Technologies plans to locate in an existing 27,000-square-foot building in the Wilkey North Industrial Park that was formerly leased by Novitec Industries. The company is transferring its operation from the Scotty’s Industrial Park in north Bowling Green.

The new diversified business provides machined products to a variety of industries; tool and die services; engineering changes to dies and fixtures; and products to defense, aerospace and pharmaceutical industries.

“It basically does what Joe DiGiuseppe and Novitec did out there,” Industrial Board Executive Director Dennis Griffin said. “This (news) adds to the great start we’ve had in 2010 … and we still have other activities that look promising.”

Cole-Kempro announced late last year that it will locate a steel cabinet manufacturing facility in another existing building in the north industrial park in Franklin. Cole-Kempro is moving to the 10,000-square-foot building formerly occupied by Vermont Gauge and will initially provide 10 to 12 jobs.

“The current facility was a perfect fit for our operation, plus it provides us with the opportunity for expansion,” Worldwide Technologies Co-Owner Mike Jones said. Worldwide Technologies will move most of its employees to Franklin but plans to hire about 40 more over the next few years.

“We grew last year,” said Co-Owner Kenny Whitworth, who started World Technologies with Mike Jones four years ago this month. “Anything we’ve done has exceeded our expectations quiet well...We do a lot of services for companies all over America.” Worldwide Technologies began testing equipment Monday and should be at full production in April.

“We are extremely excited about locating our business in Franklin, Ky. Once we visited this area and began work with the Industrial Authority, we knew that this location would allow us to grow our business. We look forward to becoming part of the community and providing jobs to this area,” Whitworth said. Whitworth said it’s hard to project how fast his business will grow due to the economy.

“It’s hard to know is this type of economy. Today, you have to be very proactive in what you do. So, we’re not wasting any time,” Whitworth said. The former Novitec building is owned by the F-S Industrial Authority. Worldwide Technologies has signed a long-term lease, according to Griffin.

“We are extremely excited about having Worldwide Technologies come to Franklin. The Novitec Building has been vacant for several months, and we are certainly delighted to see jobs once again coming to this excellent facility,” Industrial Authority Chairman Gary Broady said. “With the 54 jobs that Worldwide Technologies will bring to Franklin, this will double the workforce that was once working in this manufacturing building.”