Braidy Industries announces $1.3 investment in Boyd, Greenup counties
In April 2017, Governor Matt Bevin announced Braidy Industries would build a $1.3 billion aluminum rolling mill in Boyd and Greenup counties. The project, which will break ground in 2018 at the EastPark industrial site, will create 1,000 construction jobs and 550 permanent highly-skilled jobs.
The announcement demonstrated collaboration across the public and private sector, including Governor Bevin, the Cabinet for Economic Development, the Ashland Alliance, state and local leaders, and private companies like Kentucky Power.
Braidy’s rolling mill seeks to become the nation’s low-cost producer of high quality auto body sheet aluminum, plate and ultra-high strength alloys for the Aerospace industry. The mill will open with capacity of 370,000 tons per annum, producing series 5000, 6000, and 7000 aluminum sheet and plate products. Braidy is also exploring new scientific nano-crystaline technical advances capable of improving molten metal-based manufacturing.
The company also plans to work closely with the Kentucky Community and Technical College System enhance and develop a specialized Associates Degrees in Material Sciences and Advanced Manufacturing which will be used to train its work force on an evergreen basis while developing a pipeline of human talent for its mill and future manufacturing businesses in the region.