Champion Home Builders Inc. held a ribbon cutting for its $6.3 million production facility in Benton, KY that will employ 150. The 100,000-square-foot former Fleetwood Homes manufacturing facility on Venture Lane will be used to produce manufactured, modular and mobile homes for distribution to retailers in Kentucky and other states.
“Champion Home Builders has provided quality homes for more than 60 years and has become a highly trusted brand in the process,” said Gov. Matt Bevin. “Kentucky is a great fit for this project and we are honored by Champion’s investment. We welcome Champion Home Builders to the Bluegrass State and look forward to partnering with them in their continued success.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority in April preliminarily approved the company for tax incentives up to $2.25 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Champion can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies are eligible to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. Last year, the Kentucky Skills Network trained more than 84,000 employees from more than 5,600 Kentucky companies.
Champion continues to move forward in both residential and commercial modular construction.