Editor’s note: Because of an error in a Kentucky Economic Development Finance Authority report, this article is being published in its corrected version. LBX is adding a training facility in Lexington. Its headquarters are at Buck Lane in Lexington.
LBX Company LLC, the maker of Link-Belt Excavators, is building a new training facility in Lexington.
The announcement was made as part of the monthly meeting of the Kentucky Economic Development Finance Authority.
LBX was spun off from Link-Belt in 1998. Link-Belt is headquartered in Lexington.
Sign Up and Save
Get six months of free digital access to the Lexington Herald-Leader
The total investment for the proposed LBX building is $8.9 million. The project is eligible for $70,000 in tax incentives.
Link-Belt Cranes designs, builds and sells telescopic and lattice boom cranes. The company’s core production base and center for worldwide operations is a 770,000 square foot plant in Lexington.