Ky. Gov. Beshear Joins FEAM Aero for Grand Opening of $45 Million Expansion at CVG Airport Creating 250 Full-Time Jobs

Gov. Andy Beshear joined local officials from Boone County and leaders from F&E Aircraft Maintenance (FEAM Aero) to celebrate the grand opening of the company’s new $45 million three-bay hangar at Cincinnati/Northern Kentucky International Airport (CVG), a facility that is creating nearly 250 full-time positions, including at least 124 Kentucky-resident jobs.

“We continue to see existing Kentucky industries grow and create quality jobs across the state, and the aerospace sector is no exception,” said Gov. Beshear. “FEAM Aero is the latest example of a company with an existing presence in the commonwealth to continue to invest and believe in our communities. This expansion will provide a huge boost to the Northern Kentucky economy and provide high-quality, well-paying jobs to the region. I am thrilled to be here today celebrating this grand opening and am excited to see FEAM Aero continue to succeed here in Kentucky.”

Leaders at the company, which currently employs 300 people at CVG, noted that the new operation will provide ample aircraft maintenance capacity and resources for its growing airline customer base in support of cargo operations such as Amazon and DHL. Additionally, alongside further initiatives currently in planning stages related to aircraft maintenance training, the new facility will provide viable employment opportunities for the next generation of aircraft mechanics throughout the region.

Kentucky Cabinet for Economic Development

Cryogenic Processors to open 115,000-s.f. Paducah, Ky. facility

Cryogenic Processors will open a cutting-edge 115,000-s.f. cryogenic freezing and freeze drying facility to serve industries including food manufacturing, functional bacteria and cosmetics in Paducah in the fourth quarter of this year.

The plant’s capabilities will include a large freeze drying operation that will supplement its cryogenic flash freezing, ultra-cold storage and finished product packaging under one roof. 

Oklahoma-based Cryogenic Processors has cryogenic freezing capabilities and is now adding the freeze-drying operation to its portfolio to help overcome a shortage of freeze-drying capability in the United States. Manufacturers typically must ship their product long distances to undergo the freeze drying process. Cryogenic Processors will be creating a one-stop shop approach to the overall process, saving manufacturers significant funds by handing their needs in its strategically situated mid-country facility.

The Lane Report