HOPKINSVILLE, Ky. — Bed Wood and Parts LLC, an aftermarket supplier of domestic and exotic wood bed kits for pickup trucks, has announced a $3.7 million expansion of its operation in Hopkinsville, Kentucky. The expansion will more than double the size of the niche marketer's plant while increasing the number of workers to 48, eight times the current size of six employees.
Plans call for Bed Wood and Parts to add 42 employees and increase the shop size to 23,000 feet while adding new equipment. Founder and CEO Jeff Major said the expansion will help the company meet increasing demand from customers.
“Bed Wood and Parts’ new manufacturing space and equipment allows us to increase our core production capabilities in key areas, provide enhanced operational efficiencies and exceed customer expectations for rapid order fulfillment, better meeting the needs of our customers,” Major said “Our team is excited about the growth we are experiencing in Kentucky and this expansion represents a commitment to continue to build on the success our team has accomplished.”
Since 2006, Bed Wood and Parts has grown its product lineup to include more than 20 species of wood beds and liners for classic truck, SUV and station wagon restorations, including RetroLiner® and BedWood for Trucks©. The company said it also plans to distribute products online through both Wal-Mart and Amazon, including its patented WoodBone® Tailgate Butcher Block, which fits across the inside of truck tailgates.
“Bed Wood and Parts exemplifies what we hope small companies in Kentucky achieve with the Commonwealth’s business initiatives,” said Gov. Matt Bevin. “This expansion will see the company grow from a local startup into a recognized go-to source in its industry. The substantial increase in employment also will benefit residents in Christian County. I want to thank Bed Wood and Parts for its commitment to south western Kentucky and to the state.”
Bed Wood and Parts received assistance from the Kentucky Economic Development Finance Authority (KEDFA), which provided performance-based tax incentives up to $1 million through the Kentucky Business Investment program. The company also can receive resources from the Kentucky Skills Network, including no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
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