The Hardin County Fiscal Court met for a special meeting Friday, where after a closed session the court voted to approve a resolution to transfer the obligations on industrial revenue bonds awarded to BlueOval SK to Ford Motor Company.
According to a summary provided by Hardin County Government, the transfer allows Ford to assume full control of the Glendale site following the dissolution of Ford’s partnership with SK On. The county says during the closed session Ford executives outlined their plans to convert the property for the construction of energy storage system batteries, with an investment from the company of $2 billion and the creation of 2,100 jobs. The county says: “Ford confirmed it has no plans to repurpose the site for use as a data center.”
Prior to approving the resolution, the magistrates expressed their appreciation for Ford’s transparency with the new project and their commitment to the county.
Sixth District Magistrate E.G. Thompson said he was pleased the county is moving forward with the partnership with the company.
“Ford is strong,” Thompson said. “Hardin County is strong. They build a tough product. They’re dependable, and we have a heritage with them of over 123 years in the United States of America, and they’re a company that I’m very proud to be a part of facilitating growth with. There’s an opportunity at Glendale that can be found nowhere else.”
Fifth District Magistrate Aaron Pennington said he appreciated Ford didn’t give up on the Glendale site.
“They could have taken it on the chin and said, ‘hey, it didn’t work out, let’s roll on,’ but they chose to stick around,” Pennington said. “They chose to invest billions of more dollars to come back and to really take a stronghold in our community, so for that, I do thank you all. Very appreciative of that. You didn’t just leave us with a hole down there in Glendale, so thank you.”
The Hardin County Fiscal Court will next meet for a regular meeting on April 14.