Monday, 04 22, 2013
Japanese-owned company creating 30 new, full-time jobs and investing more than $8 million in the Commonwealth
WINCHESTER, Ky. – Governor Steve Beshear today joined community leaders and company officials from Taica Corp. of Japan to celebrate the grand opening of the company’s manufacturing facility in Winchester. The facility is managed and operated by one of the company’s two North American subsidiaries, Taica Cubic Printing Kentucky LLC. The project represents 30 new, full-time jobs over the next several years and an investment of more than $8 million.
“I had the honor of meeting with this company during a visit to Japan, and I was impressed with Taica’s innovative technology,” Gov. Beshear said. “The 30 new jobs and $8 million investment will have a long-lasting impact on the community. Taica joins a growing list of Japanese-owned companies that have found a perfect home in Kentucky.”
Gov. Beshear met with Taica officials during an economic development trip to Japan in May 2012. The goals of the trip included strengthening existing relationships with Kentucky-based Japanese companies, while also creating new opportunities to further enhance Kentucky’s ties with the Japanese business community. Japanese-owned companies already operate more than 150 facilities in Kentucky and provide more than 37,000 full-time jobs.
“I look forward to establishing a long-lasting partnership with all the people who have supported us and continue to support us in this great Commonwealth,” said Taica Corp. President and Chief Operating Officer Taito Suzuki, after conveying the greetings and gratitude of Taica Corp. Chairman and CEO Tsuyoshi Suzuki.
President of Taica Cubic Printing Kentucky LLC Takashi Goto echoed Suzuki, “I personally commit to a long-term relationship with the community, its government and its people. With the latest equipment, we will work towards providing products of the highest quality and meeting our customer’s expectations, all while striving to live up to Taica Japan’s motto, and to keep our employees smiling.”
Taica Corp. was founded in 1948 in Shizuoka, Japan. It manufactures shock-absorbing material and components, vibration-damping material and components, heat-conductive materials, as well as three-dimensional decoration technology called CUBIC PRINTING and E-CUBIC.
Taica’s Winchester facility will utilize the proprietary technology of E-CUBIC, a process using specialized film to transfer printed patterns onto three-dimensional objects such as automotive parts, sports equipment and furniture.
“I am excited to have a grand opening of a new manufacturing facility in Winchester,” said Sen. R.J. Palmer II, of Winchester. “The investment by Taica will mean additional job opportunities as well as economic growth for our region. It speaks well of our workforce that Taica chose to locate its facility here. I appreciate Gov. Beshear’s economic development efforts to strengthen existing relationships with Kentucky-based Japanese companies and welcome Taica to Winchester.”
“We are excited about the potential economic impact on our local economy from the opening of Taica’s plant here in Winchester,” said Rep. Donna Mayfield, of Winchester. “Today’s celebration is just the latest in a series of jobs announcements for Clark County, and is reflective of the outstanding business climate and quality workforce we offer.”
“Just a few short months ago we were pleased to learn that Taica had selected Winchester/Clark County for its new North American operation,” said Winchester Mayor Ed Burtner. “Today we celebrate the opening of this facility and are excited about the opportunities that Taica will provide our community and region.”
“Clark County welcomes yet another important manufacturer to the growing list of industries in our community,” said Clark County Judge-Executive Henry Branham. “Taica’s confidence in our community validates all of our efforts to make Winchester/Clark County a great place to establish or expand a business or industry.”
To encourage the investment and job growth in Winchester, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“CUBIC PRINTING” and “E-CUBIC” are trademarks of Taica Corp., registered in Japan and/or other countries.
Taica Cubic Printing Kentucky is currently accepting resumes at email@example.com for technicians with at least 5 years of experience in manufacturing for painting and Cubic printing operations.
For more information on Taica, visit www.taica.co.jp/english/.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.
A detailed community profile for Winchester (Clark County) can be viewed at http://thinkkentucky.com/EDIS/cmnty/index.aspx?cw=093.