Tyson Foods to Create 450 Jobs with Bowling Green Manufacturing Plant

FRANKFURT, Ky. – Tyson Foods has announced Kentucky’s biggest investment and job creation plans for their new facility in Bowling Green. The company is moving forward with plans for a $ 355 million manufacturing operation, which will create 450 full-time jobs.

The company will build a 400,000 square foot manufacturing facility in Kentucky Transpark for the production of Jimmy Dean and Wright Brand bacon, which is known around the world for its thick, hand-cut real wood-smoked bacon. Company executives expect construction to be completed by the end of 2023.

“We are thrilled to be part of the Warren County and Kentucky communities that will help us continue to deliver the iconic Wright and Jimmy Dean brand products that our consumers and customers want,” said Noelle O’Mara, President of group, foods prepared for Tyson. Food. “As people actively seek to add more protein to their diets, Tyson occupies a unique position as a class leader in meeting this growing demand. “

Tyson Foods is one of the world’s leading protein companies, producing a wide variety of pork, chicken and beef products for customers around the world.

The company prepared for feed operations in Claryville and poultry operations in Albany and Robards. In total, the company currently employs more than 3,900 people throughout Kentucky.

Tyson Foods’ investment and expected job creation builds recent economic momentum in the Commonwealth as the state strengthens in the wake of the pandemic.

To encourage investment and job growth in Bowling Green, the Kentucky Economic Development Finance Authority (KEDFA) today preliminary approved a 15-year incentive agreement with the company under the Kentucky program. Business Investment. The performance-based deal can provide up to $ 10 million in tax incentives depending on the company’s investment of $ 355.19 million and annual targets of:

  • Creation and maintenance of 450 full-time jobs for residents of Kentucky over 15 years; and
  • Pay an average hourly wage of $ 28, including benefits for these jobs.

Additionally, KEDFA has approved Tyson Foods for up to $ 3 million in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows licensed companies to recoup Kentucky sales and use tax on construction costs, construction equipment, equipment used in research and development, and electronic processing.

By meeting its annual goals over the term of the agreement, the business may be eligible to retain a portion of the new tax revenue it generates. The company can claim eligible incentives for its income tax and / or employee contributions.

Additionally, Tyson Foods may receive resources from Kentucky Labor Service Providers. These include free recruitment and placement services, personalized training at reduced cost, and job training incentives.

For more information on Tyson Foods, visit TysonFoods.com.

Click here for more information on Kentucky businesses.

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