MHS to Open New Production Facility in Kentucky
MHS to Open New Production Facility in Kentucky
Mt. Washington, Kentucky, Jan. 29, 2021 — MHS Holdings, Inc. (“MHS” or the “Company”), a leading global provider of advanced material handling automation solutions, engineering, equipment and software, is moving forward with plans to open a new manufacturing facility in Bowling Green, Kentucky after the Kentucky Economic Development Finance Authority (KEDFA) this week granted preliminary approval of a 10-year agreement that can provide up to $2.5 million in tax incentives.
In turn, MHS plans to invest $7.6 million in the facility, which will create 200 new full-time jobs. The project is expected to have a total economic impact topping $327 million over a 10-year period.