Homebuilding startup to build $45.5 million facility in Kentucky

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Kentucky Governor Andy Beshear has revealed that Omnis Building Technologies (OBT) Ashland, a home building startup, will build a facility in Greenup County. Beshear said the project includes a $45.5 million investment in the state. The site will occupy 100,000 square feet and create 55 jobs.

“We are working to create…opportunity and jobs in every region of the state,” Beshear said. “I’m thrilled that the company’s leaders are seeing the great benefits of establishing a foothold in this community.”

Beshear added that a performance-based deal could result in up to $2.1 million in tax incentives. The incentives are based on investment and goals of creating 55 jobs for Kentucky residents who pay an average of $33 per hour.

OBT Ashland produces fire-resistant, durable and cost-effective cabinets and doors using advanced materials and renewable resources, according to Beshear’s office.

Factory-made products will be available for wholesale, but OBT will use most of them for its own energy-efficient homes. The homes feature composite insulated building units, a type of panel made at a factory in Bluefield, West Virginia.

OBT President Jonathan Hodson identified the river and Greenup County’s direct rail access as aspects in determining the location.

Image credit: Omnis Building Technologies

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