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Two weeks after announcing an acquisition, MHS Holdings said it is expanding further in the form of a new manufacturing facility in Kentucky.
Mt. Washington, Kentucky-based MHS — a global supplier of turnkey material handling solutions, engineering, equipment, and software — announced on January 29 that it will invest $7.6 million to build a new production plant in Bowling Green.
The facility with span 181,000-square-feet and will create 200 new full-time jobs. The plant will produce steel structures for conveyor and sortation systems that are used by major e-commerce- and logistics-providing customers including UPS, FedEx Ground, and Amazon.
MHS said the project is expected to bring in $327 million in economic impact over its first 10 years, in which MHS can recoup up to $2.5 million in tax incentives through an agreement with the Kentucky Economic Development Finance Authority.
The Bowling Green announcement follows MHS’ January 11 news that it will acquire the U.S. conveyor business unit of Norton Shores, Michigan-based TGW Systems. TGW U.S. Conveyors provides conveyor products and systems to clients in the distribution and fulfillment end-markets, including e-commerce life sciences, food and beverage, and parcel freight logistics.
MHS was founded in 1999 and today has an installed base of more than $5 billion across distribution and fulfillment projects large and small.
Image Credit: Image by falco from Pixabay
