FRANKFORT, Ky. (Aug. 22, 2022) – Today, Gov. Andy Beshear announced that Kentucky-based Atlas Machine and Supply Inc. is investing $3.47 million to construct a new 32,500-square-foot facility in Hardinsburg. The facility will become headquarters for the company’s Field Machining Division which performs on-site industrial repairs for manufacturers throughout the United States and beyond.
The facility will be located on 10 acres in the Breckinridge County Industrial Park and will replace a smaller Atlas location in nearby Harned where more than 20 local residents are currently based. The building project is on track to create 78 additional well-paying jobs over 15 years, bringing the eventual total number of employees working from the new facility to 100.
The project comes in response to the company’s Field Machining Division seeing an increased demand for its on-site services. Atlas’ new larger facility will assist the company in reaching its full potential for its field machining services by allowing it to improve the efficiency and flexibility of the group, better attract and retain talent, and provide space for continued growth.
Richie Gimmel, president of Atlas Machine and Supply, said the company is excited to be building a new facility in Breckinridge County to serve as the headquarters for Atlas’ expanding Field Machining Division. “The project will enable us to further strengthen our already solid partnership with the Breckinridge County Area Technology Center, Breckinridge County United, and many others in the community,” Gimmel said. “We also would like to thank the Kentucky Department of Economic Development for providing the tax incentives to help make this decision even easier.”
Manufacturers rely on Atlas Machine for the repair and re-manufacture of industrial parts that keep their industrial plants running. The company services, manufactures, and repairs machinery for customers principally in the manufacturing sector throughout the United States and worldwide.
Meredith Dubree, executive director of Breckinridge County United Economic Development, expressed gratitude to company leaders for their support and to the local workforce for creating opportunities for the community to grow well into the future.
“We are so proud that Atlas’ Field Machining Division will be based in Breckinridge County,” said Dubree. “Atlas has generously invested in our schools and our community for years, and we are grateful that their presence here will continue and grow. We would like to thank the Kentucky Cabinet for Economic Development, the Breckinridge County Industrial Authority, and numerous other community partners for their support and assistance throughout this process. Most importantly, we’d like to thank Breckinridge County’s machinists, welders, and other skilled tradespeople who work for Atlas. Their talents and dedication helped create this opportunity for the generations that follow them.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in July preliminarily approved a 15-year incentive agreement with Atlas Machine and Supply, Inc. under the Kentucky Business Investment program. The performance-based agreement can provide up to $1.25 million in tax incentives based on the company’s investment of $3.47 million and up to $50,000 in tax incentives through the Kentucky Enterprise Initiative Act.
For more information on Atlas Machine and Supply''s repair capabilities, visit us HERE.
