CHICAGO Kemmerich USA LP plans to invest $12.2 million to establish a manufacturing facility and U.S. headquarters in Murray, Ky.
The project will create 120 full-time jobs, Kentucky Gov. Steve Beshear said.
Kemmerich, a producer of stamped and drawn automotive parts established in Germany 115 years ago, has supplied the auto industry for 50-plus years. It specializes in designing, tooling and manufacturing punching, drawing and bending metal parts, and also performs welding, automatic thread-shaping and complex assemblies.
Kemmerich chief executive officer Thomas Bergen cited Kentuckys lower cost of production, skilled work force and proximity to American and transplant vehicle assembly plants as reasons for choosing Murray for the new plant.
The Kentucky Economic Development Finance Authority has preliminarily approved Kemmerich for up to $3 million in tax incentives in return for meeting job and investment targets.
Kemmerich is the second German-owned company in the past two months to choose Murray as the site for a new facility. Iwis Group, an automotive drive chain manufacturer, expects to spend more than $12.5 million to build a 119,000-square-foot plant there (amm.com, Dec. 4).
Beshear met with Kemmerich and Iwis executives during an economic development trip to Germany last summer.