Economic Development Cabinet Secretary Gene Strong announces the relocation of Akebono Corporation's North American headquarters to Elizabethtown, accompanied by Carl Lay, Vice President Corporate Relations for Akebono Corporation North America.

Elizabethtown Welcomes Akebono Corporation North American Headquarters

Akebono Corporation has called Kentucky home since 1987, when it located its first manufacturing facility, Ambrake, in Elizabethtown. The Japanese automotive supplier has since grown to be the largest manufacturing operation in Hardin County with approximately 1,200 employees. Additionally, the company has expanded its presence across Kentucky by locating all of its manufacturing facilities here in the bluegrass with a total employee base of a little more than 2,000 Kentuckians.   

On March 1, Akebono Corporation made its mark on Kentucky once more, choosing to relocate its North American headquarters to Elizabethtown, creating 75 new jobs in the commonwealth. Secretary Gene Strong, along with Carl Lay, Vice President Corporate Relations for Akebono Corporation North America, and officials from the Elizabethtown/Hardin County Industrial Foundation made the announcement at a press conference attended by more than 100 citizens, elected officials and current employees of Akebono Corporation.

"Akebono has been a leader in the Kentucky business community and is a shining example of the kind of company we seek to attract and expand in the commonwealth," said Secretary Strong.

The location of Akebono's North American headquarters is more than just new job and investment numbers. It creates a tremendous impact on the community, as well as the state simply by having a world-class international company continually embrace the people of Kentucky and flourish in the business climate they've helped to create.

"Ambrake has been a premier corporate citizen during their twenty years in our community and we now welcome their corporate parent who, we are certain will continue to grow our mutually beneficial relationship," said R. Gregory Jenkins, Chairman of the Elizabethtown/Hardin County Industrial Foundation.

The Akebono Corporation has been vital over the years in helping to cultivate a business climate conducive to attracting and expanding international businesses in the state. This is especially true in helping to build the Japanese-owned investment that has thrived in Kentucky.  

The Cabinet for Economic Development has operated a representative office in Tokyo, Japan for more than 20 years. Under the leadership of Jiro Hashimoto, who has served as Director of the Commonwealth's Japan Office for nearly all of its existence, the state has experienced tremendous success in building lasting relationships among business leaders and bringing Japanese investment to the state. 

Currently, Kentucky is home to 141 Japanese companies employing more than 36,700 Kentuckians. This number accounts for nearly 41 percent of the overall international companies operating in Kentucky and more than 51 percent of the employees those companies represent.

The first quarter of 2006 is proving to be the start of another good year for Japanese investment.  In addition to Akebono's location, Governor Ernie Fletcher announced in January that Sekisui S-LEC America, manufacturer of interlayer film and sound acoustic film for automotive glass use, would locate a manufacturing facility in Winchester. The project will create 80 new jobs and bring an investment of more than $43 million to Kentucky.

"The investments by both Akebono and Sekisui are a welcome addition to Kentucky's growing international company base," said Strong. "The hard work of the Cabinet's Japan Office and the continued efforts here at home to develop a global business climate are evident.  We strive everyday to diversify Kentucky's economy, making our state competitive in the global marketplace."

APRIL 2006

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Contact the Cabinet for Economic Development:

Kentucky Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, Kentucky 40601
800-626-2930
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