New Elizabethtown company to bring more money, jobs - WDRB 41 Louisville News

New Elizabethtown company to bring more money, jobs

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LOUISVILLE, Ky. (WDRB) - Governor Steve Beshear today joined company officials and local leaders to cut the ribbon on a facility for Quest Industries in Hardin County.

In a press release detailing the opening, WDRB learned more about the company. Quest is a premier full service company in decorating technologies, specializing in glass containers for spirits, wine, beverage and cosmetics markets.

The $10 million investment in Elizabethtown will create up to 45 new jobs.

"The locating of Quest Industries to the Commonwealth ties in perfectly with our thriving bourbon industry, as well as numerous other globally-known products made in Kentucky," said Gov. Beshear. "I'm pleased to welcome Quest to the Commonwealth, and I know the company will find Kentucky to be the ideal location for its continued success."

Quest acquired an 83,000-square-foot building on 10 acres at 900 West Park Road in Elizabethtown. The new location will help the company provide cost-effective delivery services across North America.

"Quest is delighted to be in Kentucky, and we're looking forward to being a productive and responsible member of the community and serving our customers," said Ravi Reddy, CEO of Quest Industries. "Gov. Beshear and his management team were very responsive and patiently worked with us to locate our plant in Elizabethtown. We especially appreciate the Kentucky Cabinet for Economic Development and Elizabethtown executives for their proactive support and guidance."

To encourage the investment and job creation in Elizabethtown, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $900,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. 

"I appreciate Quest Industries' decision to invest this much in our community and to help the dozens of families that will benefit from these jobs," said Rep. Jimmie Lee, of Elizabethtown. "I'm also pleased with the added diversity this company brings to our corporate community and have no doubt that it will succeed here. I want to thank everyone involved for helping to make this possible." 

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