Lexington Herald Leader Logo

Jif plant in Lexington might expand | Lexington Herald Leader

×
  • E-edition
  • Home
    • All News
    • Business
    • Communities
    • Counties
    • Crime
    • Education
    • Lexington
    • Local
    • Most Wanted
    • Nation/World
    • News Photos
    • News Videos
    • Politics
    • Searchable Databases
    • State
    • Watchdog
    • Columns
    • Tom Eblen
    • All Sports
    • UK Sports
    • College Sports
    • Next Cats Recruiting
    • High School
    • Horses
    • Kentucky Speedway
    • Lexington Legends
    • Reds
    • MLB
    • NBA
    • NASCAR
    • NFL
    • Sports Photos
    • Sports Videos
    • Columns
    • John Clay's Columns
    • Mark Story
    • Next Cats Recruiting
    • All UK Sports
    • Next Cats Recruiting
    • Baseball
    • Basketball - Men
    • Basketball - Women
    • Recruiting
    • Ex-Cats
    • Football
    • UK Photos
    • UK Videos
    • More UK Sports
    • Columns
    • John Clay's Blog
    • Mark Story
    • Politics
    • Elections
    • All Entertainment
    • Books
    • Celebrities
    • Comics
    • Puzzles & Games
    • Events Calendar
    • Horoscopes
    • Movies
    • Music
    • Restaurants
    • Stage & Dance
    • TV
    • Visual Arts
    • Entertainment Photos
    • Entertainment Videos
    • News Blogs
    • Kentucky Weather
    • Photo Archive
    • Sports Blogs
    • John Clay's Blog
    • High School
    • UK Football
    • UK Men's Basketball
    • UK Women's Basketball
    • Lexington Legends
    • Entertainment Blogs
    • Walter Tunis on Music
    • All Opinion
    • Editorials
    • Joel Pett
    • Letters to the Editor
    • National Columnists
    • Op-Ed
    • Submit a Letter
    • All Living
    • Celebrations
    • Family
    • Fashion
    • Food & Drink
    • Fru-Gal: Deb Morris
    • Health & Medicine
    • Home & Garden
    • Paul Prather
    • Religion
    • Travel
    • Readers' Choice
    • Kentucky Obituaries
    • Obituaries in the News
    • Submit an Obituary
    • Customer Service
    • Contact Us
    • About Us
    • E-edition
    • Page Reprints
    • Photo Reprints
    • RSS Feeds
    • Special Sections
    • Site Information
    • Advertise With Us
    • Archives
    • Mobile
    • Mobile Apps & eReaders
    • Newsletters
    • Social
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    • Google+
    • Today's Circulars
    • Classifieds
    • Jobs
    • Cars
    • Homes
    • Homeseller
    • Legal Notices
  • Place an Ad
  • Mobile & Apps

Business

Jif plant in Lexington might expand

By Scott Sloan - ssloan@herald-leader.com

    ORDER REPRINT →

February 01, 2013 04:29 PM

The parent company of Jif peanut butter is considering a major expansion of the Lexington plant on Winchester Road that produces the famed grocery staple.

The Kentucky Economic Development Finance Authority on Thursday preliminarily approved $2 million in state tax incentives to persuade The J.M. Smucker Co. to expand the plant here rather than look elsewhere.

State documents suggest the company is also considering expanding a Pennsylvania plant or developing a site in Tennessee.

Company spokeswoman Maribeth Badertscher said in a statement that the company "is still making a decision on where to locate the project with that final decision to be confirmed later in February."

Sign Up and Save

Get six months of free digital access to the Lexington Herald-Leader

SUBSCRIBE WITH GOOGLE

#ReadLocal

State officials called the incentives a positive step.

"The company, whose products are known and loved in homes across North America, is a significant part of Kentucky's vast food industry," said Mandy Lambert, spokeswoman for the state Cabinet for Economic Development. "We look forward to working with them as they consider making this reinvestment in Kentucky."

The company is considering a $43.7 million investment in the Lexington plant with the bulk of that — $26.2 million — earmarked for equipment and related costs, according to state documents. The upgraded machinery and equipment would be used for expanded product lines to meet increased demand.

The state program under which the tax incentives were given preliminary approval does not require job creation. However, it does require that Smucker's retain at least 90 percent of the 279 full-time jobs at the location. The jobs pay an average hourly wage of $24.25, excluding benefits, according to state documents.

Smucker's bought Jif and Crisco from Procter & Gamble in 2002. The Jif brand traces to 1946, when it was founded as Big Top peanut butter and manufactured by Lexington businessman W.T. Young. In 1955, Young sold the business to P&G, which turned it into Jif.

  Comments  

Videos

A true Appalachian taste test: What do we think of Dueling Barrels moonshine?

Co-owner of Willie’s Locally Known asks fans to come dine at the restaurant

View More Video

Trending Stories

Festival with ‘A-list music’ coming to Keeneland via producers of Forecastle, Bonnaroo

February 20, 2019 10:59 AM

Principal of Kentucky high school charged after not reporting abuse of students, police say

February 20, 2019 12:32 PM

Lake Cumberland at level not seen in 20 years because of heavy rain. The dam is fine.

February 20, 2019 03:06 PM

Friendly exchange precedes fierce exchange as Kentucky survives at Missouri

February 20, 2019 12:44 AM

‘Not a safe environment for any child.’ Bed bugs, safety concerns at School for the Deaf.

February 20, 2019 01:00 PM

Read Next

Police: ‘Empire’ actor staged attack to ‘promote his career’
Video media Created with Sketch.

Celebrities

Police: ‘Empire’ actor staged attack to ‘promote his career’

By DON BABWIN Associated Press

    ORDER REPRINT →

February 21, 2019 01:05 PM

Police: 'Empire' actor was unhappy with salary and staged attack to further his career.

KEEP READING

Sign Up and Save

#ReadLocal

Get six months of free digital access to the Lexington Herald-Leader

SUBSCRIBE WITH GOOGLE

MORE BUSINESS

Business

White House ends California talks on mileage standards

February 21, 2019 12:18 PM
Ball Homes proposes 336 apartments near Hamburg in Lexington

Fayette County

Ball Homes proposes 336 apartments near Hamburg in Lexington

February 21, 2019 09:29 AM
Which parts of Lexington saw the priciest home sales last month? See the top sellers.

Kentucky

Which parts of Lexington saw the priciest home sales last month? See the top sellers.

February 21, 2019 05:35 AM

Business

Nike probing Zion shoe malfunction that led to injury

February 21, 2019 10:37 AM
Estonians kick off online voting for March election

Business

Estonians kick off online voting for March election

February 21, 2019 01:17 PM
Why do zebras have stripes? Perhaps to dazzle away flies

Health & Medicine

Why do zebras have stripes? Perhaps to dazzle away flies

February 21, 2019 01:13 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

Icon for mobile apps

Lexington Herald Leader App

View Newsletters

Subscriptions
  • Start a Subscription
  • Customer Service
  • eEdition
  • Vacation Hold
  • Pay Your Bill
  • Rewards
Learn More
  • About Us
  • Contact Us
  • Newsletters
  • News in Education
  • Archives
Advertising
  • Contact Us
  • Place a Classified Ad
  • Local Deals
  • Digital Solutions
  • Media Kit
Copyright
Privacy Policy
Terms of Service


Back to Story