Logan Corporation celebrates start of operations in Salyersville
SALYERSVILLE – A ribbon-cutting ceremony was held on Friday, November 4, celebrating the start of operations for Logan Corporation in Salyersville.
The company, which located to the former Joy Global site in Salyersville, started operations for their high-end dump truck bed manufacturing plant.
Key players with Logan Corporation and One East Kentucky described to those in attendance how the company has shifted over the years and how they were able to work with economic development groups, the Southeast Kentucky Chamber of Commerce, and multiple government agencies to acquire the manufacturing plant and start production in Salyersville.
To meet demand for its custom, high-end dump truck beds, Logan Corp. has investing $2.6 million in a 137,000 square-foot manufacturing site in Salyersville to replace its 27,000-square-foot facility in Debord’s Honey Branch Industrial Park. The new location provides space for 70 new full-time jobs in addition to the company’s current 47 employees.
While a year ago Logan Corporation had 13 employees in Martin County, they are on target to have 115 by next year. With Magoffin County holding the highest unemployment rate, the job opportunities for skilled workers are seen as a glimmer of hope for the Eastern Kentucky economy, speakers reiterated on Friday.
Among many politicians and local leaders in attendance, Governor Matt Bevin spoke to the crowd about his vision for this area. He said the success of Logan Corporation, as well as the possible upcoming opportunities spearheaded by the Mountain Parkway Expansion and the development of the industrial park, is dependent on local participation in tending to and cultivating the “deep roots” of the project, not just the government’s initial “fertilizer” boost.
After cutting the ceremonial ribbon, Bevin drove the facility’s first-completed truck out of the building.