Maxim Crane Works LP announces plans to build a $4.71 million office and create 100 full-time jobs in Wilder, Ky., as it consolidates its operational offices in the state.
Maxim has operated a regional headquarters in Wilder since 1937. It is also where the company bases about 400 cranes for quick deployment to customers across the eastern United States. Maxim’s growth projections, both organic and through acquisitions, has prompted plans to consolidate its operations and regional leadership roles into Campbell County with the construction of a 17,000-square-foot office. The new building will house executive and administrative staff and is scheduled to open late this year.
“The prior and current ownership group of Maxim had the vision to acquire the property necessary to facilitate our growth strategy for the next 100 years,” said Bryan Carlisle, CEO of Maxim. “This is a great day for Maxim, our employees, and the state.”
Maxim COO Frank Bardonaro added, “Our ability to centralize our leadership team for service, safety, operations and logistics will ensure our customers and our employees that Maxim has the ability to continue our successful growth strategy for decades to come.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in March preliminarily approved the company for tax incentives up to $2 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Maxim can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal 2016, the Kentucky Skills Network provided training for nearly 95,000 Kentuckians and 5,000 companies from a variety of industry sectors.
