New Fulton Plant Could Bring 120 Jobs

A tentative deal is in the works to bring a new German auto parts company to Western Kentucky.

The Kentucky Cabinet for Economic Development has granted preliminary approval for an incentives package to allow Kayser Automotive Systems to construct a $17.5 million plant in Fulton County. The new facility could create more than 120 new jobs in an area with a 16 percent unemployment rate.

The jobs would reportedly pay about $17 an hour.

There has been no official word on whether the deal will go through, but Governor Steve Beshear is scheduled to be in Fulton County Friday at 10:30 am to make an industrial announcement.