WSAZ | Kentucky | News

Barrel Maker to Locate Facility in Morehead

By: The Associated Press
By: The Associated Press

FRANKFORT, Ky. (AP) - A leading barrel manufacturer is opening a stave mill at Morehead, a move that will create 45 full-time jobs at first and eventually 70.

Gov. Steve Beshear's office says Independent Stave Co. is the largest barrel manufacturer in the world. A news release from Beshear's office said the Morehead operation will allow the company to meet increasing demand globally for American white oak.

The company will spend $10 million on the new facility. Ground was broken Monday.

Company President Brad Boswell says Morehead is an ideal location for the facility because it is near forests with cooperage-quality white oak and has an excellent workforce.

The state has approved tax incentives of up to about $1 million.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WSAZ NewsChannel 3 645 Fifth Avenue Huntington, WV 25701 304-697-4780 WSAZ Charleston 111 Columbia Avenue Charleston, WV 25302 304-344-3521
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 225958321 - wsaz.com/a?a=225958321