Invensys Rail Corp. will expand its Jefferson County regional headquarters operation, adding 75 engineering jobs, the company announced Thursday.
The company will invest $3.2 million and lease an additional 4,000 square feet at its existing 120,000-square-foot Eastpoint Business Center in Louisville.
"The expansion of Invensys Rail's Louisville headquarters is fantastic news," Gov. Steve Beshear said in a news release. "Invensys Rail has been an excellent corporate citizen, and it is rewarding to see their operation grow right here in the commonwealth."
According to its Web site, Invensys designs, makes and runs safety-related rail automation and control systems and equipment.
Through the Kentucky Economic Development Finance Authority, the state approved up to $1.8 million in performance-based tax incentives for Invensys, which has more than 3,000 employees worldwide and has customers in 30 countries. Invensys Rail is a division of Invensys, which is headquartered in the United Kingdom and is listed on the London Stock Exchange.
"Our decision to grow our engineering team serves as a testament to the relentless commitment of our employees and the sincere, tireless efforts of the Kentucky delegation who displayed a high sense of urgency to make this day possible," said Kevin E. Riddett; the company also announced Thursday that Riddett was being promoted to CEO of Invensys Rail. He had been chief operating officer.
For information on jobs at Invensys, visit www.invensys.com/en/careers/default.aspx.