Economic Growth and Innovation Newsroom
Local Company Expands to Riverport- Move comes after national search
Wednesday June 8, 2005
ISCO Industries has signed a contract to acquire six acres at Riverport Industrial Park, which was approved by Riverport Board action yesterday.
ISCO Industries local manufacturing plant is currently situated on two acres at 962 East Chestnut Street, and has been looking for over one year for new space to expand its operations. The company sells HDPE (high-density polyethylene) pipe, and manufactures plastic fittings used for municipal and industrial applications worldwide.
“With this new plant, we will be able to increase our production to better supply our distribution sites across the country and improve our service to our customers in the local region,” said ISCO President Jimmy Kirchdorfer, Jr.
ISCO will invest $1.3 million for a 23,000 square foot facility at Riverport, with construction beginning in the fall. They expect to create up to 15 new jobs. They also will add a $300,000 expansion at their current headquarters on Baxter Avenue for their corporate offices. Both are contingent on receiving favorable approval from the Kentucky Economic Development Finance Authority.
The company's decision to stay in Louisville “says that we’re doing things right,” said Mayor Jerry Abramson. “ISCO wanted to continue doing business here, and our facilities at Riverport were able to provide them what they needed for expansion.”
ISCO has 18 manufacturing/distribution sites throughout the country. Some of their clients include Waste Management, Phelps Dodge, Jacksonville Electric Authority, Louisville Water Company, DuPont, Reynolds Inc., Bechtel and Fluor.