Wednesday, 04 16, 2014
Joe Hall 502-564-4886
German auto supplier ready to begin production, create
155 new jobs
RUSSELL SPRINGS, Ky. (April 16, 2014) – Governor Steve Beshear today
joined company officials and local leaders to celebrate the opening of Dr.
Schneider Automotive Systems Inc. in Russell Springs.
The Germany-based automotive supplier cut the ribbon on its $29 million
parts manufacturing operation. The plant will create 155 full-time jobs.
“This is an
exciting day for Dr. Schneider Automotive Systems and Kentucky’s thriving auto
industry,” said Gov. Beshear. “Since announcing this project last year, Dr. Schneider
has become greatly involved in the community and invested in our workforce. I’m
honored to participate in today’s opening celebration and I look forward to
seeing these Kentucky-made products around the world.”
Schneider Automotive Systems began renovating the former Hitachi Cable building
in Russell Springs in the fall of 2013. The 64,000-square-foot plant will
manufacture parts for companies such as Ford, BMW, Mercedes, Audi and more.
Schneider Automotive Systems Inc. is very proud to be part of the Russell
Springs community,” said Torsten Langguth, Dr. Schneider Automotive Systems’
plant manager. “We are also very happy to announce that we successfully started
production only three months after starting the hiring process. We found great
employees and we are in the process of building a great team. This will be the
foundation for a perfect future of Dr. Schneider here in Kentucky. The business
prospects are more than encouraging, and we believe there will be great growth
opportunities for our company here in Russell County.”
85-year-old family enterprise, Dr. Schneider Automotive Systems is a pioneer in
the processing of plastics and produces high-end vent and trim systems for top
automotive original equipment manufacturers around the world.
Kentucky has experienced tremendous success in foreign
direct investment growth. Last year, nearly 40 percent of all capital
investment and more than 30 percent of new jobs announced in the manufacturing,
service and technology sector were a result of foreign-owned companies.
Dr. Schneider Automotive Systems’ investment also further
strengthens Kentucky’s auto industry, which boasts more than 460 motor
vehicle-related facilities across the state, employing 82,000 people. Kentucky
ranks third in light vehicle production in the United States and first on a per
capita basis. The Commonwealth’s motor vehicle exports reached a record $5.5
billion in 2013.
To encourage the investment and job creation in Russell
Springs, the Kentucky Economic Development Finance Authority preliminarily
approved the company for tax incentives up to $4 million 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
“It’s great to see this many jobs
coming to the Lake Cumberland region,” said Sen. Chris Girdler, of Somerset.
“I’ve thoroughly enjoyed working with the company representatives, and I
appreciate the investment Dr. Schneider Automotive Systems is making in our
community and our people.”
“I appreciate Dr. Schneider’s
investment in the community and their decision to locate a plant in Russell
Springs,” said Sen. Sara Beth Gregory, of Monticello. “The opening of this new
plant is welcome news that couldn't have come at a better time. I know the
company will not be disappointed with the quality of the workforce in this
“I’m pleased that Russell County has joined others across
our Commonwealth as we strengthen Kentucky as a world leader in the automotive
manufacturing industry,” said Rep. Jeff Hoover, of Jamestown. “The
decision by Dr. Schneider Automotive Systems to locate in Russell County is an acknowledgement
of the high quality workforce our community offers, and I hope it opens the
door for other industries to set up shop in our county and region. We welcome
them to our community and look forward to a long, prosperous relationship.”
“We are pleased to celebrate the grand opening of our latest
company to our city and would like to welcome Dr. Schneider
Automotive Systems Inc. to Russell Springs,” said Russell Springs Mayor Eric
Selby. “We are fortunate that a global manufacturing company like Dr. Schneider
has located here, and we are very excited to be a part of this grand opening.
We look forward to the contribution that this global company will have to our
“We look forward to working with Dr. Schneider Automotive
Systems here in Russell County, and appreciate the amount of capital investment
that they are contributing to our local economy,” said Russell County
Judge-Executive Gary Robertson.
“The City of Jamestown welcomes Dr. Schneider Automotive
Systems to our community and is grateful to them for their contribution to
greater economic development here in Russell County,” said Jamestown Mayor
Terry Lawless. “We look forward to a long and successful partnership with
For more information on Dr. Schneider Automotive Systems,
Russell County also has
been certified by the Kentucky Workforce Investment Board as a Work Ready in
Progress Community. The
certification is an assurance to business and industry that the community is
committed to providing the highly skilled workforce required in today's
competitive global economy.
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 or follow on Twitter. Watch the Cabinet’s
“This is My Kentucky” video on YouTube.
community profile for Russell Springs (Russell County) can be viewed here.