Monthly Archives - September 2018

Precision Strip Increases Investment, Jobs at Bowling Green Location

Gov. Matt Bevin today announced Precision Strip Inc., a metals processing company, will double its originally planned investment in Warren County to approximately $31.7 million and the creation of 31 full-time jobs. “Already an exciting project when it was originally announced, this increase in investment and job creation only adds to the positive impact Precision Strip will have on the local economy,” Gov. Bevin said. “The company has processed quality products in Kentucky for nearly 25 years, and we are [...]

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Kentucky Named Recipient of Federal Grant to Grow Research and Innovation Pipeline

The Cabinet for Economic Development will receive $125,000 from the U.S. Small Business Administration to launch a program preparing more entrepreneurs to compete for federal research and development funding. The SBA’s Federal and State Technology (FAST) partnership program funds initiatives that increase the number of proposals for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding. With the grant, the Cabinet will establish the Kentucky Innovation Investment Program (KIIP) as a hub for attracting, assisting and maximizing [...]

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Mubea employees rewarded for developing cost-saving tool through Idea Management program

Mubea utilizes an employee incentive program, Idea Management, to encourage employees to identify process improvements within its seven plants in the Florence area. Improvement ideas can involve safety, quality, ergonomics, equipment, processes, and much more. Employees identify potential improvements and submit ideas into the program, which are then reviewed by plant committees to determine if the ideas are feasible for implementation. Mubea pays employees for their ideas. Mubea’s Stabilizer Bars plant, 6800 Industrial Blvd., was fighting issues that made it difficult to [...]

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