M&M Cartage has announced a new initiative to become a national leader in green transportation. The Kentucky-based company plans to invest $7.5 million in building materials and capital equipment, allowing for the construction of a new headquarters with green efficiencies to go along with the addition of new trucks powered by compressed natural gas.
To accomplish the goal, the Commonwealth of Kentucky awarded M&M Cartage $800,000 in economic incentives to spur this investment which will lead to 45 new jobs.
The economic incentives allow the family-run business to add 45 new Kentucky-based jobs by the end of 2015.
CNG is a clean burning fuel that is better for the environment than diesel. For a company like M&M, it is a domestically produced, stable fuel that helps move America toward energy independence.
M&M is a family run business based in Louisville, Ky. They run a 24/7 operation and provide transportation for many companies in the Louisville area and nationwide, with some trucks in Indianapolis, Cincinnati and Morristown, Tenn. The Hayden family started the business in 1972 and still owns it today with Don Hayden running the company since 1995.