Southern Coil Solutions, a leading provider of advanced coil handling and storage solutions, will invest over $27M into a fully automated steel coil warehouse distribution and logistics center in Bowling Green that will create 30 new full-time jobs.
“Southern Coil Solutions is an incredible example of the kinds of companies that are locating in Kentucky and adding to our thriving economy,” said Gov. Beshear. “I want to congratulate the company on its new automated steel coil distribution and logistics center in Warren County and thank its leadership for investing in our commonwealth.”
Southern Coil Solutions will locate on over 9 acres in Warren County, with construction beginning as early as July and completion expected in December 2023. The project will include an up-to-120,000-square-foot facility that will house advanced automation systems and specialized machinery tailored for coil storage and handling. The facility will be designed to ensure optimal safety, security and efficiency throughout the storage and retrieval processes.
“The city of Bowling Green, Warren County, Gov. Beshear, the Tennessee Valley Authority and the Bowling Green Area Chamber of Commerce have made this an easy decision,” said Southern Coil Solutions CEO Mark Loik. “Southern Coil Solutions will continually invest in cutting-edge technology, expanding our infrastructure and developing strong partnerships to become a trusted name in the industry. We look forward to being a part of the community’s economic prosperity by generating employment opportunities.”
Established in 2023, Southern Coil Solutions is a leading automated storage warehousing company specializing in the handling of aluminum and steel coils. With a strong presence in the automotive, food/beverage and battery industries, the company provides efficient and reliable storage solutions for businesses across various sectors. A state-of-the-art facility and advanced automation technology enable Southern Coil Solutions to offer superior coil-handling services to meet the diverse needs of its clients.
This project adds to Kentucky’s growing metals-related sector, which administration-to-date has seen over 70 private-sector new-location and expansion projects that are expected to create more than 3,200 full-time jobs with nearly $2.6 billion in new investments.
Warren County Judge/Executive Doug Gorman expressed excitement for the project: “We are thrilled about this new investment in the Kentucky Transpark. It’s always a good day when we celebrate new additions to our economy and when the Transpark welcomes a new tenant.”
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, Southern Coil Solutions can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
For more information on Southern Coil Solutions, visit SouthernCoilSolutions.com.
A detailed community profile for Warren County can be viewed here.
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