{"id":1004097157,"date":"2014-05-23T17:39:55","date_gmt":"2014-05-24T01:39:55","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=263790"},"modified":"2022-12-08T08:33:21","modified_gmt":"2022-12-08T16:33:21","slug":"celanese-breaks-ground-on-20m-expansion-of-florence-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\/","title":{"rendered":"Celanese Breaks Ground on $20M Expansion of Florence Facility"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/483624_10151417130750206_373752534_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-263791\" title=\"483624_10151417130750206_373752534_n\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/483624_10151417130750206_373752534_n.jpg\" alt=\"\" width=\"300\" height=\"300\" \/><\/a>Celanese Corp. broke ground May 15 on a $20 million expansion of its manufacturing \u00a0facility in Florence, Kent. The expansion will help Celanese keep pace with demand for its advanced engineered materials products.<\/p>\n<p style=\"text-align: justify\">Celanese\u2019s facility is home to 350 employees\u00a0 and the company\u2019s research and development center. The project will create a 25,000-square-foot manufacturing and technology innovation hub. It will add compounding process lines to the existing site and create 10 new jobs. The new unit is expected to be operational in the first quarter of 2015.<\/p>\n<p style=\"text-align: justify\">\u201cCelanese has been producing high-performance engineering thermoplastics at its Florence facility since 1984, providing hundreds of jobs and millions of dollars in capital investment in northern Kentucky,\u201d Gov. Steve Beshear said in a statement. \u201cWe\u2019re excited that Celanese chose to build this new and innovative manufacturing facility in Boone County. We welcome this investment and thank the company for providing more jobs for Kentuckians.\u201d<\/p>\n<p style=\"text-align: justify\">\u201cOur manufacturing facility in northern Kentucky is a center for innovation that drives research and development and the advancement of high performance engineered materials,\u201d said Phil McDivitt, vice president and general manager of the Celanese engineered materials business. \u201cIn addition to critical design and engineering support, we provide our customers with technical expertise throughout the product development cycle. This expansion and investment in new prototyping and full-scale production lines will help us better serve our customers around the world, align our manufacturing capability and improve operational efficiency.\u201d<\/p>\n<p style=\"text-align: justify\">The Kentucky Economic Development Finance Authority has approved Celanese for tax incentives up to $300,000 in tax incentives through the Kentucky Business Investment program. The company will also receive up to $100,000 in tax benefits through the Kentucky Enterprise Initiative Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Celanese Corporation plans to expand its presence in Northern Kentucky. The Dallas-based company is investing $20 million to expand its manufacturing capabilities at its facility in Boone County. The expansion will help Celanese keep up with the continued customer demand for its advanced engineered materials products.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21742],"tags":[39420,1815],"class_list":["post-1004097157","post","type-post","status-publish","format-standard","hentry","category-cincinnati","category-latest","tag-cincinnati","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Celanese Breaks Ground on $20M Expansion of Florence Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celanese Breaks Ground on $20M Expansion of Florence Facility\" \/>\n<meta property=\"og:description\" content=\"Celanese Corporation plans to expand its presence in Northern Kentucky. The Dallas-based company is investing $20 million to expand its manufacturing capabilities at its facility in Boone County. The expansion will help Celanese keep up with the continued customer demand for its advanced engineered materials products.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-24T01:39:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:33:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/483624_10151417130750206_373752534_n.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Celanese Breaks Ground on $20M Expansion of Florence Facility\",\"datePublished\":\"2014-05-24T01:39:55+00:00\",\"dateModified\":\"2022-12-08T16:33:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/\"},\"wordCount\":288,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/05\\\/483624_10151417130750206_373752534_n.jpg\",\"keywords\":[\"Cincinnati\",\"National\"],\"articleSection\":[\"Cincinnati\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/celanese-breaks-ground-on-20m-expansion-of-florence-facility\\\/\",\"name\":\"Celanese Breaks Ground on $20M Expansion of Florence Facility - 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