Dana is proposing a project consisting of technology upgrades, including automation and robotics, transitioning from antiquated equipment with an anticipated project investment of $6,697,500. This project would consolidate out-of-state operations into the Glasgow facility. The company anticipates retaining the existing 217 current fulltime jobs paying average hourly wages of $19.85, excluding benefits and creating an additional 155 new full-time jobs.
Kentucky approves the negotiated maximum incentive amount of $6,697,500.
Filed under: Business Development, Good News, Grants, Innovation, Northern Kentucky, small business
