Business and the Economy
Shelbyville Plant Considers Expansion
A Shelbyville business is considering doubling the size of its plant, and state economic development officials announced an incentive package for the company on Thursday. Creative Packaging Company, located at 1700 Isaac Shelby Drive, is considering doubling its 100,000 square-foot plant, and the potential expansion could create 25 new jobs over a 10-year period. The Kentucky Economic Development Finance Authority Board in Frankfort granted preliminary approval for $500,000 in state tax incentives for the project, which calls for adding the new jobs at an average hourly rate of $10.88 to $12.51 per hour, averaging $14 per hour after employee benefits are included.
Creative Packaging, established in 2006, currently employs 24 people. The company makes custom packaging products, including foam and corrugated boxes, used by manufacturers and retailers across the country.
The expansion would be a $6.9 million investment for the company.
The plant manager, Kevin Lyons, was unavailable for comment Thursday, but Libby Adams, executive director of the Shelby County Industrial and Development Foundation, expressed her enthusiasm for the project. She added that it was her understanding that part of the project would call for an expansion of building space for the plant, but she has not yet gotten all the details about the project.