The city of Coffeyville will receive up to $1 million from the Kansas Department of Transportation to fund improvements that will support the expansion of a long-time Coffeyville business.
The funding, which will improve streets near Acme Foundry, a 110-year-old fixture of the Coffeyville business community, was announced on Friday by Gov. Sam Brownback. Acme, a locally-owned company that produces castings for various industries, plans to expand their plant by constructing a 30,000-square-foot shipping/receiving facility and add 50 jobs. Transportation improvements are critical because the existing street that serves the foundry and other industrial traffic must be removed to provide room for Acme’s expansion. Without the road improvements to be funded through KDOT’s Economic Development program, Acme wouldn’t be able to expand. The Economic Development program provides $10 million in funding annually to assist communities to be more competitive in regional, national and even global markets.