Gov. Matt Bevin today announced aluminum producer Audubon Metals LLC will expand its Henderson plant with a more than $8.3 million investment that will create 39 full-time jobs.
"Audubon Metals has been a steadfast employer and community partner in Henderson County for more than 20 years. We are pleased to announce this latest investment and new jobs by a company whose products are central to so many of Kentucky's manufacturing operations - from automotive parts and vehicle assembly to the appliance industry and more," Gov. Bevin said. "This expansion also further demonstrates the strength of Kentucky's aluminum industry. I congratulate Audubon on its continued success and look forward to seeing additional growth in the future."
Audubon will build a nearly 21,000-square-foot addition at its facility, enlarging it to more than 333,000 square feet to house a fifth reverbatory furnace for aluminum smelting. As well, the project includes an extension of its ingot-casting line, expansion of its production storage building, and a new warehouse.
Audubon Metals President and CEO Jim Butkus said the changes will add production capacity to meet increased market demand.
"Since our Henderson, Ky. aluminum smelting operation began in 1996, Audubon Metals LLC has steadily grown its market share in providing quality products to the secondary aluminum die casting industry," Butkus said. "This project will expand and diversify our product mix, and give us the required capacity to grow and enter new markets. Coupled with the contributions from our terrific associate employees and support from the Henderson, Ky. community, we are confident that we will continue to maintain our highest level of service to our customers and to our community."
Using shredded automotive metal, Audubon separates, dries, melts and blends aluminum alloys to meet the specifications of individual customers. Diecasting companies throughout the Midwest use Audubon's ingots to produce automotive parts, lighting and metering equipment, appliances and small-engine components.
Audubon, a subsidiary of Evansville, Ind.-based Koch Enterprises Inc., opened the Henderson facility with 55 employees and a monthly capacity of 7 million pounds. It now employs 270 and can produce more than 30 million pounds monthly.
Kentucky's aluminum industry has seen significant growth, particularly as automakers, seeking higher fuel efficiency, turn to lightweight aluminum components including body panels, mechanical components and housings. Since 2015, Kentucky has announced more than $2 billion in aluminum-related corporate investment and about 2,100 new, full-time jobs.
Sen. Dorsey Ridley, of Henderson, welcomed the new project.
"This investment by Audubon Metals will provide much needed new jobs and a boost to our economic climate," Sen. Ridley said. "A longtime employer in Henderson, the company continues to be a strong component in the healthy growth and development of our community. We wish them every success in the future."
Rep. Robby Mills, of Henderson, commended the company for its growth.
"Audubon Metals is a highly respected company that was selected as the Henderson Chamber's Industry of the Year in 2012," Rep. Mills said. "They have grown and grown, and I am delighted that they continue to do so."
Henderson County Judge-Executive Brad Schneider said the new investment and jobs mean great things for the county economically.
"Audubon Metals is one of Henderson's most active and engaged corporate citizens, as well as one its most respected and efficient manufacturers," Judge-Executive Schneider said. "They offer some of the best-paying jobs in their sector in the region. The company's growth here is a blessing on multiple levels, and we are so proud and thankful they continue to make investments in Northwestern Kentucky and its people. Congratulations to Audubon Metals."
"Kyndle was delighted to have worked with Audubon Metals over the past several months to make this announcement possible" Kyndle CEO Tony Iriti said.
"We always emphasize that we are eager to work with our existing industries, because they are proven employers and we know that they will create the most jobs here in the future," Iriti said.