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REAL ESTATE &
DEVELOPMENT - July 1999 NORTHERN KENTUCKY
$40 Million Flight Training Center to be Built at
Cincinnati Airport
FlightSafety Inc., a New York company that trains airline pilots, has begun
construction on a new $40 million flight training center at the Cincinnati/Northern
Kentucky International Airport.
FlightSafety currently operates a small training center in Erlanger, but will move to
the new 13,000-square-foot facility when it is completed. The new building will be located
near the control tower and adjacent to the site of Comairs new headquarters and
operations base.
The new FlightSafety Cincinnati Training Center will initially be equipped with two
Canadair Regional Jet full flight simulators and an EMB-120 simulator. The facility will
also provide space for a third CRJ simulator that will be installed within a year of its
opening.
BOWLING GREEN
Holleys New Distribution Center Reinforces
Aggressive Growth Plan
Engine parts manufacturer Holley Performance Products has broken ground on a new
110,000-square-foot distribution center in South Central Kentucky Industrial Park that is
expected add a minimum of 100 jobs over the next two years. The $3 million facility will
handle wholesale, retail and mail orders for the company, which manufactures carburetors,
fuel injection systems, ignition systems and other engine parts. Holley, which is
headquartered in Bowling Green, produces more than 6,000 products that are utilized in
marine and automotive racing vehicles as well as sports vehicles such as motorcycles,
personal watercraft, snowmobiles and four wheelers.
Last year Holleys management team, led by President and CEO Jeff King, acquired
the 100-year-old company from parent company Coltec Industries Inc. Since then, Holley has
acquired several other companies and has developed and released numerous new products as
part of its aggressive growth plan
BUSINESS BRIEFS
ELIZABETHTOWN
- Summit Polymers, Inc., a plastic injection molding company, has announced plans for a
new manufacturing facility in Elizabethtown to produce parts for the automotive industry.
The 60,000-square-foot facility, located in Hughes Center for Commerce, will employ
approximately 150 people. Summit also operates a manufacturing facility in Mt. Sterling,
Kentucky.
GALLATIN COUNTY
- Former Governor Brereton Jones has purchased 518 acres in Gallatin County with plans to
develop a golf course and lakes. The plan could also include a community of upscale homes,
says Jones, if a market study reveals adequate demand. Jones bought the tract, which lies
off U.S. 127 north of Interstate 71, from Hopeful Corp. for $1.4 million.
HODGENVILLE
- Clayton Homes, Inc., a manufactured housing company headquartered in Maryville,
Tennessee, has selected Hodgenville as the site of a new 100,000-square-foot manufacturing
plant. Construction is expected to be complete by the end of the year and company
officials anticipate hiring 200 people when the plant achieves full production.
HOPKINS COUNTY
- Carhartt, Inc. has broken ground on its new 350,000-square-foot distribution facility,
where the company expects to employ up to 400 people. The Michigan-based manufacturing
clothing/accessories company currently employs more than 1,625 workers at nine Kentucky
manufacturing plants located in Madisonville, Edmonton, Glasgow, Irvine, Marrowbone,
Providence and Sebree.
LAUREL COUNTY
- The New Kolb Aircraft Company, a supplier of light aircraft kits, has announced that it
plans to move its headquarters from Pennsylvania to the Chesnut-Knolls Aviation
Foundations airfield in Laurel County. The company plans to build a
8,800-square-foot plant for ultralight manufacturing at the airpark, where Kolb will have
a dedicated 2,100-foot grass strip for ultralight flight, testing and sales. The facility
is expected to open this month with approximately 10-15 employees.
LEXINGTON
- LBX Company, LLC, which makes Link-Belt Excavators, has begun construction on its new
headquarter facility on Palumbo Drive in Lexington. The 13,000-square-foot building will
house LBXs marketing, sales, engineering, product support, accounting and finance
departments. The companys manufacturing and parts operation will be located at the
nearby Link-Belt Construction Equipment Co. facility.
LOUISVILLE
- Universal Coach Parts, Inc. (UCP), a leading distributor of parts for motor coaches and
buses, has broken ground at Jefferson Riverport International for a 350,000-square-foot
distribution center. The new facility is expected to produce approximately 225 new jobs in
the area.
- Though its pursuit of half-ownership of the mall fell through earlier this year, the
Owensboro-based firm of David Hocker & Associates has been signed to handle the
management and leasing of Oxmoor Center. The mall, which is fully owned by Beargrass Corp.
(a company formed by the family who owned Oxmoor Farm, on which the mall is built), is
nearing completion on a $15 million renovation.
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