FRANKFORT, Ky. (May 14, 2018) – Powell Valley Millwork (PVM), a poplar mouldings manufacturer, will invest $3.35 million and create additional employment opportunities at its Powell County facility, Gov. Matt Bevin announced today.
“Our administration has been working tirelessly to help bring jobs to Eastern Kentucky, and we continue to see progress in that area, this time with a company that has deep roots in the region,” Gov. Bevin said. “Powell Valley Millwork was founded by Eastern Kentucky natives, and it serves as a shining example of the abundant workforce potential waiting to be unleashed in that part of our state. We are grateful to the company for its continued dedication to the Powell County community and to Kentucky, and we hope to see continued, steady growth in the years ahead.”
PVM will grow its operation on Lofty Heights Road in Clay City by 26,000 square feet as the company adds new product lines and is seeing more demand from new and established customers. PVM purchased the 35-employee facility four years ago and has since added more than 65 team members across two shifts. The expansion project began in April and should be finished by late 2018.
“We are excited about our new expansion and look forward to completion later this year,” said Jimmy Thornberry, PVM president. “The professionals at KEDFA, elected leaders in Frankfort and our local officials have been instrumental in facilitating a recipe for business success in the commonwealth. We are fortunate to call Powell County home and are eager to continue our growth in the region.”