Today, Owl's Head Alloys, Inc. announced their plans to expand their Warren County, Kentucky facility to accommodate growth of the region's aluminum industry. Owl's Head is a leader in the secondary aluminum recycling industry and will invest $3 million and create 16 new jobs in South Central Kentucky.
Founded in 2002, Owl's Head currently employs 81 people at their location in the South Central Kentucky Industrial Park in Bowling Green. They operate three 375 cubic-foot refractory furnaces and process approximately 240 million pounds of scrap aluminum annually. With this project, Owl's Head will construct a new material storage facility, expand their current facility to house a fourth furnace, which will increase processing capacity by an additional 60 million pounds annually, and hire and train new employees.
“Owl’s Head Alloys is a tremendous success story, and their expansion plan is wonderful news for both Bowling Green and the surrounding communities,” Gov. Bevin said. “It is exciting to see companies like Owl’s Head prosper in Kentucky. Their aluminum recycling operation is another indicator of the high demand for aluminum and the health of our primary metals sector overall. This announcement provides further proof to companies around the world that there are many benefits from the decision to invest in Kentucky and our people. We are grateful for this vote of confidence.”
"We are excited to be able to add this additional capacity for our customers, as well as add more jobs in our community. Bowling Green is a fantastic place to do business!" said Owls Head Alloys, Inc. President, David Bradford.
The growth of the aluminum industry in recent years can be attributed to global lightweighting efforts, which have been driven by the need to increase fuel efficiency by reducing the weight of automobiles. Together, fabricated metal product manufacturing and alumina and aluminum production and processing jobs make up nearly three percent of all jobs in the South Central Kentucky region. Owl's Head is one of the region's largest provider of recycled aluminum to a multitude of customers in the automotive, beverage can and construction products industries.
"Owl's Head is positioned for success here in Kentucky where there are more than 180 aluminum-related facilities," said Chamber President and CEO Ron Bunch. "The South Central Kentucky region has tremendously benefitted from the growth of the aluminum industry in recent years and we congratulate Owl's Head on this and future successes."
"Bowling Green has been fortunate to see extensive growth within a few short years and we congratulate Owl's Head Alloys on this project. Their growth and contribution to our local aluminum industry and beyond is an indication of future success," said Bowling Green Mayor Bruce Wilkerson.
"Owl's Head Alloys provides a valuable service to our community's aluminum industry," said Judge-Executive Mike Buchanon. "We are fortunate Owl's Head has experienced such success over the last 16 years in Warren County and are glad they will continue to grow in our community."
This is the Bowling Green Area Chamber of Commerce's first economic development project announcement for 2018. For available job opportunities and additional information about Owl's Head Alloys, Inc., visit www.ohaky.com.
About the Bowling Green Area Chamber of Commerce:
Incorporated in 1935, the Bowling Green Area Chamber of Commerce is a 5-Star Accredited Chamber by the U.S. Chamber of Commerce and was named the 2009 Chamber of the Year by the American Chamber of Commerce Executives. As the fourth largest chamber in Kentucky, the Chamber serves as a premier business advocate for its more than 1,200 partners and is the driving force for economic development in South Central Kentucky. Its primary goals are to promote growth and success in the business community, reaching its small business partners and those in large industries alike. With leadership programs, governmental relations projects, educational initiatives and involvement opportunities, the Chamber aims to support the community and its neighbors in order to enhance the business climate and continue to grow the region.