Gov. Matt Bevin today joined local officials and company executives from Maxim Crane Works LP, a nationwide crane rental and lifting services provider, to open a $4.71 million office that consolidates the company’s operations into Kentucky and is creating 100 full-time jobs.
“Maxim Crane Works has been a steady corporate partner in Kentucky for more than 80 years, and this latest investment showcases even further commitment to the commonwealth,” Gov. Bevin said. “Maxim Crane is a powerful name within its industry, and we are proud the company continues to strengthen its presence in our state. Congratulations to the company, the community of Wilder and the Northern Kentucky region on this incredible new endeavor.”
“This is a project that clearly demonstrates the benefits of a pro-business government working together with the private sector to generate jobs and economic growth at a record pace,” said Frank Bardonaro, COO for Maxim. “We appreciate the support of the Governor and local leaders to provide Maxim the opportunity to bring more jobs and opportunity to the local community as a result of this tremendous joint effort.”
“I am honored to be able to present our employees, customers and the next generation of Maxim employees with this state-of-the-art facility,” added Bryan Carlisle, the company’s CEO. “We are extremely grateful to our employees for providing us with this opportunity to continue what started a few miles away in 1937 and has grown into the largest and most successful Crane Rental company in the USA.”
Maxim is a coast-to-coast provider of crane rental and lifting services. With over 50 locations across the country, Maxim provides services in every state and has consolidated more than 30 crane-rental companies.
Sen. Wil Schroder, of Wilder, noted the company’s prominence within its industry.
Rep. Dennis Keene, of Wilder, said the local workforce has the skillset to meet any need and expressed gratitude for the company’s investment in the region.
“This announcement is just further proof that Wilder is a great place to do business and that its workforce is second-to-none,” Rep. Keene said. “I want to thank the leaders of Maxim Crane Works for being such an integral part of our corporate community for more than 80 years and for deciding to invest nearly $5 million more as it consolidates its in-state operations here. I also appreciate what our local and state economic development leaders have done to make today’s ribbon cutting possible.”
Wilder Mayor Stanley Turner commended the company on its steady growth.
“Congratulations to Maxim Crane on the completion of this expansion,” Mayor Turner said. “The City of Wilder is very proud to be the location chosen to support the continued growth of Maxim Crane’s corporate operations in our region.”
Kenton County Judge-Executive and Northern Kentucky Tri-ED Board Chair Kris Knochelmann noted the company’s strong standing within the community.
“Maxim Crane is an excellent community partner in Northern Kentucky and we appreciate their ongoing investment into their facilities, employees and operations here,” Judge-Executive Knochelmann said. “We look forward to continued partnership in the years to come.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) a year ago preliminarily approved the company for tax incentives up to $2 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
Maxim Crane also can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal 2017, the Kentucky Skills Network provided training for more than 120,000 Kentuckians and 5,700 companies from a variety of industry sectors.