# SRC of Lexington to expand with new facility in Fayette County, investing $15.3 million

SRC of Lexington Inc. is expanding with a new manufacturing facility in Fayette County, Kentucky, investing $15.3 million and creating 60 new jobs. The project began in March 2024 with facility purchase and renovations, with a multiphase move planned in 2025.

- Type: Expansion
- Announced: 2024-05-14
- Where: Fayette County, Kentucky, United States
- Value: $15.3M
- Jobs: 60
- Starts operating: 2025
- Status: under construction
- Products: remanufactured OEM and aftermarket products for construction, mining, natural gas and power generation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [SRC of Lexington Inc.](https://endata.com/companies/77392.md)
- [SRC Holdings Corp.](https://endata.com/companies/77393.md) (partner)

## Sources

- [newkentuckyhome.ky.gov](https://newkentuckyhome.ky.gov/Newsroom/NewsPage/20240514_SRCLexington), 2024-05-14: "This expansion is a pivotal development for our organization."

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