The Hut investing £10m in US production facility

THE Hut Group is investing more than £10m in a production facility in the US for its nutrition supplement brand Myprotein.

The Cheshire-based company’s subsidiary Cend LLC will create 350 jobs at the $17m, 210,000sq ft office and manufacturing plant in Shepherdsville, Bullitt County, just south of the city of Louisville, Kentucky.

Andy Duckworth, chief executive of Myprotein said: “We are excited to announce our agreement with the Kentucky Cabinet for Economic Development and that our new production facility will be based in the state of Kentucky.

“This will be bringing world-class sports nutrition manufacturing to the area and will mean creation of up to 350 new jobs, something Myprotein (Cend LLC) are very proud to be part of.”

The new facility, The Hut’s first outside this country, is expected to open in April 2016.

Kentucky Governor Matt Bevin added: “We welcome this fast growing, global company to the community and region. International companies such as Cend provide economic activity vital to Kentucky’s growth.”

To encourage Cend’s investment and job growth, the Kentucky Economic Development Finance Authority is providing $2.6m worth of tax incentives.