New Albany Company Expanding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowNEW ALBANY, Ind. - New Albany-based W.M. Kelley Co. Inc. has announced plans to boost operations in Floyd County. The Indiana Economic Development Corp. says the company will invest nearly $2 million to expand and equip its manufacturing facility and add more than one dozen jobs by 2019.
W.M. Kelley says it will begin construction on a 14,000 square-foot addition to the facility in January. The expansion will support the company’s plans to increase sales by 30 percent by the end of 2018.
"We’re proud to be expanding in Indiana because of our employees and the outstanding regional workforce here, which is highly skilled in manufacturing," said Mike Kelley, president of W.M. Kelley. "We have always been able to find and hire qualified people in New Albany who care about the future of the company, and we look forward to growing this business right here with their help."
W.M. Kelley Co. specializes in material handling equipment and conveyor systems. The expansion aims to meeting the growing demand from the material handling industry, according to the company.
The company says it will hire skilled welders and machine operators to join its more than 65 current employees. The positions are expected to pay salaries above the Floyd County average wage.
The IEDC has offered W.M. Kelley up to $75,000 in performance-based training grants. The city of New Albany will also consider additional incentives.