News and Music Discovery
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Fulton County Manufacturer To Invest $25 Million In Expansion, Create 15 Jobs

Tokai Carbon

  A manufacturer that creates graphite electrodes to service the steel industry plans to invest $25 million dollars to upgrade an existing plant in Fulton County.

Officials with Japan-based Tokai Carbon GE LLC in a release Thursday said the investment will buy new equipment for a current plant in Hickman, which could create up to 15 full-time jobs.

The Kentucky Economic Development Finance Authority also approved a 15-year agreement to provide $500,000 thousand dollars in tax incentives to Tokai Carbon if the company meets specific goals. Those goals include creating jobs with an average hourly wage of $29 dollars.

Tokai Carbon has operated in Hickman since 1990, and currently employs 50 people in Kentucky and Arkansas.

"Liam Niemeyer is a reporter for the Ohio Valley Resource covering agriculture and infrastructure in Ohio, Kentucky and West Virginia and also serves Assistant News Director at WKMS. He has reported for public radio stations across the country from Appalachia to Alaska, most recently as a reporter for WOUB Public Media in Athens, Ohio. He is a recent alumnus of Ohio University and enjoys playing tenor saxophone in various jazz groups."
Related Content