Kentucky Aluminum Processors, a joint venture between between Tri-Arrows Aluminum and Tennessee Aluminum Processors (TAP), celebrated the groundbreaking of its $40 million aluminum processing facility in Russellville, Kentucky.
“Tri-Arrows Aluminum is honored to continue its long-standing relationship with the Russellville and Logan County community,” said Henry Gordinier, president and CEO of Tri-Arrows Aluminum. “We are excited to share in this project with Tennessee Aluminum Processors. The new facility’s proximity to Logan Aluminum was a key factor in determining site location.”
Jared Sweeney, CEO of TAP, added, “We are excited to expand our aluminum recycling capabilities with a new, state-of-the-art facility located centrally in a region experiencing tremendous growth in the aluminum sector. We have been very impressed by the accommodating and efficient pro-business atmosphere encountered while working on this project with representatives of Russellville, Logan County and the Commonwealth of Kentucky.”
The new facility will be housed on 37 acres and will serve as an aluminum recycling facility, processing dross and scrap material from Tri-Arrows Aluminum’s casting center at nearby Logan Aluminum. This process will produce molten aluminum and sows, which will be returned to the Tri-Arrows Aluminum recycling/casting facilities at Logan Aluminum and/or other customer facilities. The facility is expected to 75 quality Kentucky jobs.
Located in Louisville, Kentucky, Tri-Arrows Aluminum is a leading supplier of rolled aluminum sheet in North America, focusing on the beverage can and automotive sheet markets. The company is involved in a joint venture that owns the Logan Aluminum manufacturing facility in Russellville, which provides Tri-Arrows Aluminum with access to unparalleled production facilities, market networks and R&D capabilities. Founded in 1981, TAP provides a variety of secondary aluminum recycling services to customers in the transportation, packaging, construction, and aerospace segments of the aluminum industry. As a toll converter of aluminum scrap and dross, the company converts aluminum into recycled secondary ingot — ensuring the highest possible aluminum recovery and reliable quality.
“Each company that chooses to locate a new project here in the commonwealth brings with them quality jobs and opportunities for Kentuckians,” said Andy Beshear, governor of Kentucky. “Our manufacturing industry is one of the largest sectors in the state and continues to grow because of quality companies like Kentucky Aluminum Processors choosing and trusting what we have to offer. I want to thank their company leadership in this joint venture opportunity and look forward to their success in Logan County.”
The Kentucky Economic Development Finance Authority (KEDFA) in May 2023 preliminarily approved an incentive agreement with Kentucky Aluminum Processors under the Kentucky Business Investment program. The company was also approved for additional tax incentives through the Kentucky Enterprise Initiative Act (KEIA), which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research, and development and electronic processing.
In addition, Kentucky Aluminum Processors can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
Brooke Waldrup, president and CEO of the Logan Economic Alliance Development (LEAD), is excited about the jobs and economic opportunity the project will bring to the community. “We are extremely excited that Kentucky Aluminum Processors has chosen Logan County’s West Industrial Park as their new processing facility location,” she said. “This project will not only create new jobs in our county, but it will also support our county’s largest manufacturer, Logan Aluminum. Being able to create new jobs while supporting a local existing industry is a huge win for Logan County!”