Auto supplier to set up plant in Owenton

Posted at 10:47 AM, Oct 29, 2018
and last updated 2018-10-29 10:47:01-04

FRANKFORT, Ky. (AP) — Kentucky officials say an automotive supplier plans to set up a manufacturing operation in Owen County that will create dozens of jobs.

Gov. Matt Bevin's office says the company, Pounds of Plastic Inc., will invest more than $4.1 million in the Owenton operation. The investment is expected to create 54 full-time jobs.

The Canadian-based company will place its Kentucky operation in an existing warehouse. The governor's office says the previous tenant closed its Owenton operations this spring, resulting in about 400 workers being laid off.

Pound of Plastics is a supplier to the auto and general manufacturing industries. At the Owenton plan, the company will manufacture custom polymers and thermoplastics for automotive customers.