COVINGTON - A Northern Kentucky business is expanding in the New Year.
Indy Honeycomb is investing $915,000 in its Covington office, which will add 13 new jobs.
“Indy Honeycomb’s success can be traced to their early business vision – to make a complex product simple and easy to buy. That concept clearly works,” said Governor Steve Beshear. “Now, the Commonwealth is partnering with Indy Honeycomb to see the company continue to grow and succeed, and the addition of 13 jobs and a $915,000 investment are proof of that success.”
Indy Honeycomb manufactures metal honeycomb, a product used for many military, commercial and industrial applications, including parts for aircraft engines and power generation turbines.
The company has been in business since 1996, and has been operating in its current Covington location since 1998.
Indy Honeycomb currently employs 29 people at its manufacturing plant. With growing demand and exports going to 20 countries, the company plans to double production space, add office space and purchase equipment.
“Incentives like this allow our business to move more decisively and proactively,” said Indy Honeycomb President Steve Barnett. “We now have the ability to provide additional space, equipment and technology to our committed team of employees, which allows us to better serve current customers and new clients alike. Having the ability to move on this initiative now, as opposed to waiting, helps us remain on the leading edge of our niche market.”
For more information on Indy Honeycomb, visit www.indyhoneycomb.com
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