Replace obsolete infrastructure; retain 54 jobsFRANKFORT, Ky. - Governor Steve Beshear today announced that Estron Chemical Inc. plans to construct a new Global Process Design and Manufacturing Support Center in Marshall County.Estron Chemical, a manufacturer of polymers and resins, is expected to retain up to 54 jobs and invest $4.9 million into the project.The company plans to construct the new 10,000-square-foot plant - double the size of its current facility - on North Main Street. The facility will accommodate equipment needed to support Estron Chemical's process design and manufacturing functions, as well as provide additional laboratory space. It is expected to be operational next summer.Estron's current facility is 70 years old with limited space and obsolete infrastructure. The reinvestment is needed to increase efficiency and support quality control for the company's manufacturing equipment."We are truly pleased to have been able to partner with the Commonwealth in what we feel is a big win-win for the local community, Kentucky and Estron's valued employees," said Estron Chemical President Alexander Skora. "We are excited to be able to site this strategically important facility in Calvert City as it will bring state-of-the-art technological capabilities to the area and create well-paying and rewarding jobs that will fortify Estron's place in the surrounding community for many years to come."Estron Chemical is a manufacturer of specialty polymers and resins for the paint, coatings, adhesives and cosmetics industries. The company is woman-owned and has been in Calvert City since 1981.To encourage the investment in Marshall County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $800,000 through the Kentucky Reinvestment Act. The performance-based incentive provides tax credits to an existing Kentucky company engaged in manufacturing and related functions that will be investing in eligible equipment and related costs of at least $2.5 million.For more information on Estron Chemical, visit www.estron.com.
