City Council approves financial incentives to induce Eden Fence Inc. to move to Leitchfield from Hardin County

city-council-03-29
city-council-03-29

At a special called Leitchfield City Council meeting Thursday night, council members voted to approve the first reading of an ordinance granting financial inducements to bring Eden Fence Inc., currently located in Hardin County, to Leitchfield.

The company, owned by Grayson County resident Rob Hughes, employs approximately 30 people, and according to online records, generates well over $3 million in revenue. The company constructs guardrails for highway use.

The company was founded in 1974.

The ordinance council members voted to approve states in part:

“The city of Leitchfield will pay to the Leitchfield Grayson County Industrial Development Corporation, in consideration of it advancing said amount the sum of $1,000 for each of the first 30 full-time permanent employees hired by Eden Fence Inc. within 60 months of the beginning of its operation. Said expenditure to be recouped within two years from the proceeds of the unabated Net Profits License and Payroll License Fees.”

The company is scheduled to relocate from 150 McCamish Drive in Elizabethtown to a 10 acre lot on Judge Kenneth H. Goff Drive.

The second and final reading of the ordinance will occur at the next City Council meeting on April 2.

By Ken Howlett, News Director

Contact Ken at ken@k105.com or 270-259-6000