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Funai opening facility in Lexington, will employ 50 earning average $100K
Reported by: Associated Press
Reported: Friday, January 31, 2014 4:01 AM EST
A Japanese technology company is opening a facility on the Lexmark campus in Lexington and will employ up to 50 people with an average annual wage of $100,000.
The announcement represents a $4.2 million investment. The state has given preliminary approval for as much as $1.2 million in tax incentives.
Funai last year announced the acquisition of Lexmark's inkjet technology assets, more than 1,000 patents and a factory in the Philippines. Beshear's office said Funai has been a design and contract manufacturer for Lexmark International since 1997.