Automotive supplier A. Kayser Automotive Systems USA LP plans to add 100 more employees and expand into a 60,000-square-foot facility next to its current operations in Fulton, Ky.
The $26 million expansion was announced Jan. 17 by Kentucky Gov. Matt Bevin.
“Due to fast increasing business, we outgrew our current facility and needed space to meet our customer's demands. Expanding in Fulton not only enables us to be efficient using existing infrastructure but also capitalizing on one of our most treasured assets, our dedicated employees,” said Kayser Automotive Systems CEO Stefan Schutte, in a statement.
The expansion was made possible by current tenant MVP Group International, a scented candle maker, which is consolidating its operations in Mayfield, Ga. This will enable Kayser Automotive to increase its manufacturing and warehousing space for mechanical and passenger-cabin automotive parts. The new facility could open this spring.
Kayser's Fulton facility employs about 60 people to manufacture and assemble plastic injection molded and metal parts. Products include fuel tank components, engine and under-hood parts such as activated charcoal canisters, valves, lines, filters and vent ducting, as well as vehicle interior components.
Kayser's Fulton operation also specializes in development and production from 3-D simulations, along with manufacturing and testing.
The company is part of global auto supplier A. Kayser Automotive GmbH of Einbeck, Germany. It opened its first U.S. plant in Fulton in 2013.
The Kentucky Economic Development Finance Authority gave preliminary approval in 2013 for tax incentives of over $3 million through various programs and anticipates modifying the agreements later to reflect the added investment and job growth.