FRANKFORT, Ky. (Sept. 29, 2017) – My Visual Package, LLC (MVP), a startup manufacturer of custom printed uniforms, flags and accessories for marching bands, will invest more than $1.1 million and create 30 full-time jobs to locate in Barren County, Gov. Matt Bevin announced today.
“Startups like MVP play an instrumental role in Kentucky’s economic success, particularly when they enter markets as a single-stop provider for all their customers’ needs,” Gov. Bevin said. “We look forward to seeing MVP grow and succeed and congratulate the company on identifying an opportunity in a niche market by building their business to serve marching bands and color guards across Kentucky and beyond.”
MVP will locate in a 15,000-square-foot facility on Grandview Avenue in Glasgow. The investment will cover the cost of sewing machines, apparel cutting equipment and eco-friendly printing equipment for the production of band uniforms, color guard flags, props, accessories and vehicle wraps.
“We cannot express enough gratitude towards the City of Glasgow and the State of Kentucky to help make My Visual Package, LLC come to life,” said Matt Searle, co-owner of MVP. “We are just as excited to help local businesses in Glasgow, as well as bands all over the country. This is a great spark to help the arts programs thrive in Kentucky.”
MVP, founded in 2017 by father-and-son duo Pete and Matt Searle, will focus on providing products for marching bands and winter guards. The company also will provide services for any business’ marketing needs.
Matt Searle gained an in-depth understanding of the industry, having spent time as a sign designer and installer in Bowling Green while teaching the Barren County High School marching band in Glasgow. Pete Searle contributes a broad understanding of manufacturing practices from his time at Jim Beam, Osram Sylvania and Gillette.
Sen. David Givens, of Greensburg, offered congratulations to the startup for the announcement.
“I am pleased to welcome My Visual Package, LLC to Glasgow,” he said. “The location of this company in Glasgow is yet another indication of Kentucky’s ability to foster entrepreneurial spirits, and I congratulate MVP on the opening of its new facility.”
Rep. Steve Riley, of Glasgow, noted the importance of a strong entrepreneurial presence in the state.
“It is great to see startups like My Visual Package opening up shop in Glasgow,” said Rep. Riley, who serves on the Economic Development and Workforce Investment Committee and is vice-chair of the Education Committee. “Entrepreneurs are critical to creating and maintaining a strong economy in the commonwealth. We welcome MVP and wish them great success in a manufacturing-resurgent Kentucky.”
Glasgow Mayor Dick Doty said the unique market that MVP services will provide a new element to the local business community.
“I am excited to see others interested in our community and willing to invest their own money,” Mayor Doty said. “We are equally excited about the diversification this company brings to Glasgow and Barren County. It’s always great to see startup businesses and we are humbled that they have chosen our community to begin their business.”
Barren County Judge-Executive Micheal Hale said the community looks forward to a successful partnership with the company.
“Barren County welcomes MVP to our industrial community,” Judge Hale said. “We look forward to working with MVP to secure excellent job opportunities for our community. We anticipate a very cooperative and supportive business relationship for many years to come.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in September preliminarily approved the company for tax incentives up to $200,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, My Visual Package can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal year 2017, the Kentucky Skills Network provided training for more than 120,000 Kentuckians and 5,700 companies from a variety of industry sectors.
A detailed community profile for Barren County can be viewed at http://bit.ly/BarrenCo.
The Kentucky Cabinet for Economic Development is the primary state agency responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2017 totaled a state record $9.2 billion, spurring more than 17,200 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.