Gov. Beshear: Displate Manufacturing To Establish First Kentucky Operation in Louisville With $9.5 Million Investment, Creating 79 Jobs

New facility will strengthen company's expansion into the North American market

FRANKFORT, Ky. (May 6, 2026) - Today, Gov. Andy Beshear announced continued momentum within the state's manufacturing sector as Poland-based Displate Manufacturing unveiled plans to locate its first Kentucky operation in Louisville with a $9.5 million investment, creating 79 quality, full-time jobs.

"Kentucky's unique location, skilled workforce and access to resources make it an ideal location for any company looking to expand its operations," said Gov. Beshear. "Displate is just the latest overseas company to recognize the value of doing business here in the commonwealth and the advantages it affords them. I am excited about the 79 new jobs this investment will create and the opportunities it will provide for our fellow Kentuckians and their families. I look forward to Displate's future success here in its New Kentucky Home."

Displate is a global e-commerce group specializing in the production and distribution of high-quality metal poster artwork. As part of the company's long-term strategic expansion into the North American market, Displate's new manufacturing and logistics operation will reduce delivery times, lower logistics costs and increase overall operational flexibility.

The nearly 60,000-square-foot leased facility will be the company's first operation in the commonwealth and will allow for increased production capacity to meet future and expected growth in the U.S. and North American markets. By the end of 2026, the facility will handle between 35-50% of the company's U.S. orders, with full operational capacity expected by 2027.

"Establishing our first U.S. manufacturing operation in Louisville is a defining milestone for Displate and a critical step in our long term North American expansion," said Nicholas Holdcraft, CEO of Displate. "Kentucky offers an exceptional combination of manufacturing talent, logistics infrastructure and a business environment that supports scale and innovation. This investment allows us to serve our U.S. customers faster, operate with greater flexibility and build a strong local team that will be central to our future growth. We are proud to make Louisville our manufacturing home in the United States and to create high-quality, well-paying jobs for the local community. Displate is committed to being a long-term partner in Kentucky. We look forward to investing in people, supporting economic development and growing alongside the community for years to come."

Displate operates across multiple international markets and has built a business model that combines proprietary manufacturing technology, a global network of artists and brands and performance-driven digital marketing to serve customers in over 40 countries. The company is headquartered in Poland and operates its U.S. business development and marketing operations in Seattle.

Louisville Mayor Craig Greenberg highlighted the company's fit into the community's strong advanced manufacturing ecosystem: "Displate's multimillion-dollar investment in Louisville and its commitment to create nearly 80 new well-paying jobs is another example that helps cement Louisville as America's home for advanced manufacturing. We are proud to welcome this global company to its first U.S. manufacturing home in South Louisville and look forward to connecting Displate to our unmatched ecosystem of innovation that can't be found anywhere else in America."

Trevor Pawl, CEO of One Louisville, is excited to work with the company: "Louisville is the place to grow a manufacturing business and companies across the globe are noticing. Displate's investment is another example of a company who sees the value of Louisville's unmatched logistical advantages, talent pool and manufacturing expertise. I am excited to work with Displate's team as they continue to grow and innovate from their new U.S. operations homebase."

Displate Manufacturing's investment and job creation furthers what has been the best six-year period for economic growth in state history.

Since the beginning of his administration, Gov. Beshear has announced more than 1,300 private-sector new-location and expansion projects totaling over $50 billion in announced investments, creating more than 70,000 jobs. This is the highest investment figure secured during the tenure of any governor in the commonwealth's history and $29 billion more than the next highest total.

Gov. Beshear has announced some of the largest economic development projects in state history, which have solidified Kentucky as the battery capital of the United States: AESC's $2 billion, 2,000-job gigafactory project in Warren County; Ford Motor Co.'s $2 billion, 2,200-job commitment in Louisville, as well as its $2 billion, 2,100-job project at the Kentucky 1 plant in Hardin County; Shelbyville Battery Manufacturing's $712 million investment, creating 1,572 jobs in Shelby County; and Toyota's $1.3 billion investment in Scott County, among others.

The Governor's administration also secured the largest General Fund budget surplus and Rainy Day Fund. In 2023, Kentucky recorded over 2 million jobs filled for the first time ever and has stayed above that number ever since.

Kentucky also secured rating increases from major credit rating agencies Fitch Ratings, S&P Global Ratings and Moody's Investors Service.

This year, Site Selection magazine ranked Kentucky in the top five nationally and second in the South Central region for economic development projects per capita in its 2025 Governor's Cup rankings. Last year, Site Selection also placed Kentucky second in the South Central region and No. 6 nationally in its 2025 Prosperity Cup ranking, which recognizes state-level economic development agencies for their success in landing capital investment projects.

Gov. Beshear also announced a new initiative, called New Kentucky Home, to increase economic investment, attain and attract talent, and increase tourism across the state.

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) last month preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $850,000 in tax incentives based on the company's investment of $9.5 million and annual targets of:

• Creation and maintenance of 79 Kentucky-resident, full-time jobs across 10 years; and
• Paying an average hourly wage of $32.59, including benefits, across those jobs.

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.

In addition, Displate can receive resources from Kentucky's workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

For more information on Displate, visit displate.com.

A detailed community profile for Jefferson County can be viewed here.

Information on Kentucky's economic development efforts and programs is available at NewKentuckyHome.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.