Company will add production capacity to meet demand
Media Contacts: Nicole Burton
FRANKFORT, Ky. (March 29, 2018) – Gov. Matt Bevin today announced Pioneer Plastics, which manufactures a range of products for the restaurant, retail and appliance industries, will invest $600,000 and create 17 full-time jobs as it renovates its facility in Dixon.
“Pioneer Plastics has maintained a presence in Webster County for more than 35 years, and we are pleased to see the company’s footprint in Kentucky continue to grow,” Gov. Bevin said. “Pioneer makes products that many of us use on a daily basis, and we are proud the company has a home here in the commonwealth. We are grateful for this continued investment and are excited to see Pioneer Plastics growth continue into the future.”
During the project, Pioneer will purchase new equipment and make upgrades to boost production capacity at its 100,000 square-foot facility. The new jobs will come atop the company’s current staff of 42.
“We are excited about our growth and appreciate Kyndle and all the people with the state helping us with this expansion,” said Eddie Knapp, president of Pioneer Plastics.
Founded in the early 1960s, Pioneer began operating in Dixon in 1981. Five years later, its current family owners purchased the business. The company offers a wide range of plastic products, including boxes, display cases, containers and dinnerware, as well as custom molding. Its internationally recognized customers include General Electric, Whirlpool, Frigidaire, Maytag, Pizza Hut, Long John Silver’s, Chili’s and Hobby Lobby, among others.
Sen. Dorsey Ridley, of Henderson, applauded the project and its impact.
“This project will strengthen our community through new jobs and improvements to the local economy,” Sen. Ridley said. “We stand ready for the expansion with a skilled workforce to meet the company’s needs. Congratulations to Pioneer Plastics on its expansion.”
Webster County Judge-Executive Steve Henry expressed gratitude for all involved in making the project possible.
“I am thankful for more positive economic growth in Webster County,” Judge-Executive Henry said. “Pioneer Plastics has provided good, stable jobs for many, many years. They have always been a great corporate partner. Webster County needs new jobs, and this investment by Pioneer will help provide several new opportunities. I appreciate the staff at Kyndle, the Kentucky Cabinet for Economic Development and our local EDC and IDA for helping to bring this project together.”
Tony Iriti, CEO of Kyndle, the regional economic development organization in Northwest Kentucky, said the company has shown confidence in the community to support its business.
“Pioneer Plastics continues to show faith and commitment to Webster County and to the region with this expansion,” Iriti said. “It’s been an honor to work with them and we look forward to their continued success and growth.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in March preliminarily approved the company for tax incentives up to $150,000 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.
Pioneer also 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 2017, the Kentucky Skills Network provided training for more than 120,000 Kentuckians and 5,700 companies from a variety of industry sectors.
For more information on Pioneer Plastics, visit www.PioneerPlastics.com.
A detailed community profile for Webster County can be viewed at http://bit.ly/WebsterCo.
Information on Kentucky’s economic development efforts and programs is available at 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.