Auto parts supplier's expansion creates new jobs in Boone County - The Cincinnati Enquirer

Julia Fair Cincinnati Enquirer

Published 11:44 AM EST Dec 20, 2019

An influx of jobs is coming to Boone County. 

The automotive parts supplier Wabco USA will triple its employment with 123 new jobs and invest $3 million in its Hebron warehouse, Gov. Andy Beshear announced Thursday. 

The company employs 77 people in Hebron and 14,200 worldwide, according to a news release from Beshear's office. The state agreed to give the company tax incentives worth up to $1.1 million if it meets annual targets set by the Kentucky Economic Development Finance Authority. 

The company will only get that incentive, which lets it keep a portion of the new tax revenue it generates, if it creates and maintains 123 Kentucky-resident, full-time jobs over 10 years that pay an average hourly wage of $39 with benefits, according to the release. 

Wabco can also use resources from the Kentucky Skills Network, which includes no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.     

In November, the unemployment rate in Boone County was about 3%, according to the Kentucky Civilian Labor Force Report. 

The work on the Wabco project will begin in December and be completed by spring 2020.

“Wabco is making a significant investment and creating a high number of good-paying advanced manufacturing jobs at its Hebron location,” Judge-Executive Gary Moore said in the release. “I thank the company for its commitment to growth and the Northern Kentucky community.”

Julia is the Northern Kentucky government reporter through the Report For America program. Anonymous donors pledged to cover the local donor portion of her grant-funded position with The Enquirer. If you want to support Julia's work, email her editor Carl Weiser at cweiser@cincinna.gannett.com to find out how you can help fund her work. 

Do you know something she should know? Send her a note at jfair@enquirer.com and follow her on twitter at @JFair_Reports.

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