OSS
Opensourcesafety of KY Welcomes EnerBlu Inc.
by OSS Staff - Sunday, 24 December 2017, 12:37 PM
 

EnerBluCalifornia battery company EnerBlu Inc. is getting two silver mint julep cups, a handle of Maker’s Mark, and up to $30 million in tax incentives for moving its headquarters to Lexington and opening a new plant in eastern Kentucky.

The private company’s planned $412 million investment was heralded Dec. 15 by state and federal politicians, as well as investors such as American Electric Power Co., Inc. (AEP). U.S. Rep. Hal Rogers (R-Ky.) called it “the real deal” that is projected to add 110 jobs at the headquarters and 875 jobs at a to-be-built Pikeville, Kentucky plant that will build batteries for electrical commercial vehicles.