BILSTEIN Cold Rolled Steel Mill
This multiple award-winning state-of-the-art 105,000 SF cold rolling mill is the client's first green-field project in 100 years and their first foray into the U.S. market. BILSTEIN is a Germany-based group of companies and is one of the world’s largest producers of cold-rolled steel. The company offers steel in various industries, predominately in the automotive industry.
With the creation of this mill, BILSTEIN is able to provide 110 jobs for Warren County, Kentucky. The company was approved for tax incentives up to $3.5 million through the Kentucky Business Investment program. The program is a performance-based tax incentive that allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting specific job and investment targets.