Kentucky Gov. Steve Beshear and local elected officials are cutting the ribbon today on a $96-million expansion at German automotive supplier ZF Steering Systems.
The initiative, announced last year, will add nearly 400 jobs and two new buildings totaling 175,000 square feet to the company’s facility on Spiral Drive in Florence. ZF Steering is a subsidiary of Germany-based ZF Lenksysteme GmbH, and has been located in Kentucky since 1994. It’s adding capacity to meet demand for its new electric steering gear.