“As we continue to build on Kentucky’s record economic momentum, we are ensuring that companies have the resources and opportunities needed to build a successful business here. With our ideal geographical location and incredibly talented workforce, there is no better place to do business than in Kentucky.”
— Kentucky Governor Andy Beshear
As a $9 billion sector and the commonwealth’s signature industry, bourbon helps fuel the state’s economy and provides more than 22,500 jobs for Kentuckians. (Photo: Buffalo Trace Distillery)
TARGETED GROWTH SECTORS
Automotive/Electric Vehicles: Kentucky has established itself as a leader in the emerging EV sector with three battery production facilities and a growing supplier base.
Metals: Kentucky offers a wealth of metal-related facilities, including aluminum, copper, and steel. The approximately 250 facilities provide materials and fabrication services for hundreds of products around the globe.
Food and Beverage: Kentucky’s diverse food and beverage sector includes the state’s signature bourbon industry, which alone generates 22,500 jobs statewide. The food and beverage industry as a whole employs more than 57,500 Kentuckians.
TOP PROJECTS
COMPANY
LOCATION
INVESTMENT
Sazerac Distilleries LLC
London
$600 million
Toyota Motor Manufacturing Kentucky (TMMK)
Georgetown
$591.5 million
EnerVenue Inc.
Shelbyville
$264 million
Pernod Ricard S.A.
Lebanon
$250 million
Logan Aluminum
Russellville
$250 million
Featured Locations
Greater Lexington welcomes businesses that want to prosper, innovate, create opportunities, and be a part of a supportive community. With our convenient location, a new 200-acre industrial park, educated talent, and our unique culture, Greater Lexington is the perfect location for a business that wants to do amazing things.
Team Kentucky helps businesses build toward the future. Team Kentucky helps businesses select, grow and succeed in the commonwealth. The state’s central location, strong UPS, DHL, Amazon and FedEx presence, low costs of conducting business, and high quality of life make Kentucky a top choice.
The Louisville Metro Department of Economic Development works in concert with the city’s real estate development and land use planning staff to offer concierge service to companies looking to grow their business or locate new operations, while convening regional partnerships to attract new talent to our city.
FAST FACTS
Population (July 2022 est.): 4,512,310¹
Largest Cities (2020): Louisville (632,037); Lexington (322,403); Bowling Green (72,642); Owensboro (60,183); Covington (41,018)¹
Real GDP (2022): 201,375²
¹U.S. Census Bureau ²Bureau of Economic Analysis, U.S. Dept. of Commerce
LOCATION DEVELOPMENT
Kentucky Product Development Initiative: In 2022, Gov. Andy Beshear rolled out the Kentucky Product Development Initiative, which made $100 million in state funding available to support potential upgrades to sites and buildings statewide. To-date, 37 site and building development projects statewide have been approved for over $21.5 million in state funding.
