Gov. Matt Bevin announced Friday that bus parts manufacturer New Flyer will open a facility specializing in parts fabrication. That means the products will be made from raw or semi-finished materials.
New Flyer will be in the industrial park off of Cedar Grove Road, which is also home to Magna, Amazon, Best Buy and several other companies.
Bevin’s office released a statement indicating the company’s investment in Shepherdsville will total $40 million. Equipment and building preparations will account for $28 million, while the remaining $12 million will be spread over a 10-year lease.