“Other states might forget you once they get you there. In Kentucky it’s only the beginning.”

About 16 years ago our parent company, Acerinox S.A., was scouting a site for a new stainless steel production plant. We needed to be near our major customers, linked by a variety of transportation options, with a direct line to lots of electricity.

“Can do,” Kentucky said.

Kentucky found us a large tract of land on the Ohio River, next to a power plant, halfway between two major airports, with easy access to Interstate 71 and existing rail service. Then they cinched the deal with progressive tax incentives and revenue bonds.

The result is the $1.4 billion, 1100-employee North American Stainless plant – the largest Spanish investment in the United States.

Best of all, Kentucky continues to tell us “can do” even now. Its programs have enabled us to get workers trained in Spain and provided recycling tax credits that made a giant new melting furnace feasible. Kentucky was working for us up front, and they’re still working for us 16 years later.

That’s good for business.

Mary Jean Riley
Vice President of Finance & Administration
North American Stainless

Click here to view a video on the success of North American Stainless in Kentucky.

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