Have a nice weekend!

Kentucky Grand Openings Show Continued Economic Growth

Two companies that held grand openings for their facilities this month continue the trend of economic growth in Kentucky.

Two facilities opening this month continue a trend of economic growth in Kentucky.

In Bullitt County, UPS Supply Chain Solutions’ Velocity facility — a $79 million operation – is projected to create 500 distribution and logistics jobs.

(Photo: Adobe Stock/JHVEPhoto)

“The Velocity facility is a modernized warehouse with a digital ecosystem that optimizes and orchestrates everything from order flow to labor management,” said Kate Gutmann, UPS president of International, Healthcare and Supply Chain Solutions. “With the help of our skilled and diverse team members, the facility can process over 350,000 units per day.”

Gov. Andy Beshear said UPS is a “prime example” of one of the word’s largest companies putting trust in the commonwealth.

Stellar Snacks, West Louisville Kentucky

West Louisville, KY Lands Largest Economic Development Project In 20 Years

Stellar Snacks will create 350 jobs with $137M investment. Read more…

“UPS has a long history in the state, and I am excited to see them continue to grow and thrive here,” Beshear said.

Most recently, UPS announced in October 2022 a more than $300 million investment that will create 435 jobs across projects in Jefferson and Bullitt counties.

Located in Shepherdsville, Kentucky, Velocity is “one of the largest and most technologically advanced distribution facilities in the industry,” according to the Kentucky Cabinet for Economic Development.

Meanwhile, V-Soft Consulting – an information technology consulting company – held a grand opening for its new Louisville headquarters.

Beshear said there’s “something special” about companies like V-Soft Consulting that choose to stay in Kentucky.

“Today’s official opening is an incredible achievement, not just for V-Soft, but for the Louisville community and Kentucky as a whole,” Beshear said at the grand opening event. “I am thrilled to be here today to celebrate this exciting step and look forward to V-Soft’s success for many years to come.”

V-Soft Consulting a U.S.-based corporation, recently moved into a new, owned space. It has been in operation since 1997.

Check out all the latest news related to Kentucky economic development, corporate relocation, corporate expansion and site selection.

Capital Investment, Corporate Headquarters, Cybersecurity, Daily News, Digital Media, Economic Development, Featured, Industries, Kentucky, Logistics/Warehouse/Distribution, Site Selection Factors, USA - Southeast, Workforce Development

Bullitt County, Gov. Andy Beshear, Gov. Beshear, kentucky, Kentucky Cabinet for Economic Development, Louisville, Single Location, UPS, V-Soft Consulting

Sponsored Content

Webinars, Podcasts & Videos

Minnesota is home to the #1 health care cluster in the world according to Medical Alley. In this short video we take a look at why.

Doing Business in Minnesota, a Mayo Clinic Business Development and Destination Medical Center Perspective

Hear from leaders at the Destination Medical Center and Mayo Clinic Business Development in Rochester about why they feel Minnesota is filled with opportunities for founders and why investors should consider the power of startups in Minnesota.

Innovation Tower is leading the evolution of the office environment to attract, inspire and retain top talent... San Antonio, Texas.

Innovation Tower: Where America’s Future Rises – San Antonio, Texas

Innovation Tower is leading the evolution of the office environment to attract, inspire and retain top talent.

Progress Labs at Center 85 in Frederick, Maryland is a five-building approximately 700,000 square foot development. Available for sale or lease. Permit ready.

Property Spotlight: Progress Labs at Center 85 – Frederick, Maryland

Progress Labs at Center 85 in Frederick, Maryland is a five-building approximately 700,000 square foot development. Available for sale or lease, and a Build-to-Suit Opportunity. Permit ready.

Share to...