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Carter County Awards $1,300,000 Manufacturing Contract to Advanex Americas Inc (May 2020)

Carter County logoCarter County
Disclosed value
$1,300,000
From minutes
Approved
May 28, 2020
Term
10-year KBI incentive term

The 30-second brief

What it covers

KEDFA approved a $1.3 million Kentucky Business Investment incentive for Advanex Americas, Inc. to develop a $15.5 million manufacturing plant in Franklin. The project plans to grow to 250 jobs with an average wage of $23 per hour over the 10‑year incentive term.

Who holds it

Advanex Americas Inc holds this manufacturing contract with Carter County. Its other public contracts on record include work for Department of Industrial Relations - Occupational Safety & Health Appeals Board.

What happens next

Term as filed: 10-year KBI incentive term.

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Contract details

Contract type
Manufacturing
Amount
$1,300,000
Document date
May 28, 2020
Term
10-year KBI incentive term
Vendor
Advanex Americas Inc
Agency
Carter County
Source document
kedfa_special_board_meeting_minutes_may_2020.pdf (Minutes)

Advanex Americas Inc's other public contracts

Carter County, KentuckyAdvanex Manufacturing Project Gains KBI Support · Jul 30, 2020Carter County, KentuckyAdvanex Americas wins preliminary KBI manufacturing incentive · Jun 25, 2020$1.3MCarter County, KentuckyAdvanex Americas Wins Preliminary KBI Incentive · Jan 1, 2020$1.3MDepartment of Industrial Relations - Occupational Safety & Health Appeals Board, CaliforniaSettlement Order Approved for Advanex Americas · Jul 11, 2019UndisclosedAll Advanex Americas Inc contractsVendor profile

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Questions about this contract

Who was awarded the manufacturing contract by Carter County?

Advanex Americas Inc was awarded this manufacturing contract by Carter County, as recorded on May 28, 2020. The contract value is $1,300,000.

How much is the Advanex Americas Inc contract with Carter County worth?

The Advanex Americas Inc contract with Carter County is valued at $1,300,000, covering manufacturing work.

What type of contract is this?

This is a Manufacturing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in kedfa_special_board_meeting_minutes_may_2020.pdf (Minutes), dated May 28, 2020 from Carter County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Advanex Americas Inc hold?

Advanex Americas Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Carter County currently buying?

Explore Carter County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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