AXN Automotive Systems unveils new 167K-SF South Louisville facility at Principal-owned, Airspace I, to double workforce

Highlights
AXN Automotive Systems opened a 167,000-square-foot facility in Louisville on Tuesday.
The company will double its workforce from about 50 to over 100 employees.
Randoncorp acquired AXN for $12.3 million in January 2025.

Principal Asset Management
Devin Chen | Head of Private Equity Real Estate Portfolio
Principal Asset Management
Kyle Elfers | Managing Director, Portfolio Management

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