(October 12, 2017) Franklin, Kentucky
(from the Franklin Favorite)
Holley Performance Products Inc., a top name in automotive racing and
performance parts manufacturing and marketing, announced plans to
establish a $9.15 million facility in Franklin.
The company, which is expected to open in early 2018 in Sanders Park,
is creating 30 full-time jobs in western Kentucky. Holley's corporate
headquarters is located in Bowling Green. Including the new Franklin
facility, the company has approximately 330 Kentucky employees.
Franklin Mayor Ronnie Clark said the new arrival will have a positive
impact on the local workforce.
"We are very pleased to have Holley Performance Products as a part of
our community," Clark said. "Holley is a nationally recognized name in
the automotive industry and we are excited about their location in
Franklin. Their new distribution facility will provide some excellent
new jobs for our area. We certainly welcome them to Franklin."
Simpson County Judge-Executive Jim Henderson also expressed gratitude
for the investment in a press release.
"I am really glad that Holley Performance Products has chosen Franklin
and Simpson County for their distribution project," Henderson said.
"Holley will be locating in our Sanders Interstate Industrial Park and
will be providing some 30 new jobs for our community. We greatly
appreciate the jobs and the investment that Holley is bringing to
Established by brothers George and Earl Holley in 1903, Holley is the
world's largest marketer and manufacturer of specialty products for
racing and performance customers in the automotive aftermarket. Its
products include performance fuel injection, fuel pumps, intake
manifolds, ignition products, exhaust and many other products for
street performance, race and marine applications. Recognizable Holley
brands include MSD Ignition, Mr. Gasket, Accel Ignition, Weiand
superchargers, NOS Nitrous Oxide Systems, Hooker Headers, Flowtech,
Edge, Superchips, and Earl's Performance Products, just to name a few.
Holley carburetors and now fuel injection products have powered every
NASCAR Sprint Cup team and nearly every NHRA Pro-Stock champion for
the past four decades.
"We are excited to see the economic impact of Holley Performance
Products' newest operation," Gov. Matt Bevin stated in a press
release. "Holley is a storied name in the American tradition of
hotrods, drag racing, muscle cars and stock-car racing, and will be a
great addition to Kentucky's burgeoning automotive industry. Our
administration, along with the Franklin community, are thrilled to
welcome the additional jobs and investment Holley is bringing to the
Kentucky Economic Development Finance Authority (KEDFA) in September
preliminarily approved Holley for tax incentives up to $600,000
through the Kentucky Business Investment program. The
performance-based incentive allows a company to keep a portion of its
investment over the agreement term through corporate income tax
credits and wage assessments by meeting job and investment targets.
Holley can receive resources from the Kentucky Skills Network. Through
the Kentucky Skills Network, companies can receive no-cost recruitment
and job placement services, reduced-cost customized training and job
training incentives. In fiscal 2017, the Kentucky Skills Network
provided training for more than 120,000 Kentuckians and 5,700
companies from a variety of industry sectors.
For more information, contact
Industrial Authority Executive Director Dennis Griffin at 270-586-4477