Governor Andy Beshear announced Monday a Finland-based glass fiber tissue producer plans to build a second facility in Madisonville with a $70 million investment expected to create 51 well-paying jobs.
Governor Beshear thanked Ahlstrom-Munksjö for this significant new commitment to Madisonville, Hopkins County and the commonwealth. He added the company’s current facility has long been an important part of the community, and its new operation is outstanding news for the region’s residents. He said as Kentucky builds a stronger post-pandemic economy, Ahlstrom-Munksjö’s commitment to create more than 50 high-quality jobs couldn’t be better timed. He went on to say this project promises a brighter future for families in the area and positions the company for even more success in the years ahead.