# Montaplast of North America plans $50M expansion in Frankfort, Kentucky

The Franklin County Fiscal Court approved the issuance of up to $50 million in industrial revenue bonds to support Montaplast of North America's expansion of its automotive parts manufacturing facility in Frankfort, Kentucky. The expansion will include new equipment and new employees.

- Type: Expansion
- Announced: 2023-04-13
- Where: Frankfort, Kentucky, United States
- Value: $50.0M
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Montaplast of North America](https://endata.com/companies/69732.md)

## Sources

- [state-journal.com](https://state-journal.com/2023/04/13/fiscal-court-issues-bond-for-montaplast-expansion/), 2023-04-13: "We are super excited that Montaplast reached out to us... We are working with them, the state and the governor to do a huge economic development expansion of both new equipment and new employees."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.