Kentucky Cabinet for Economic Development
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Kentucky Cabinet for Economic Development articles below.
The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.
The bourbon maker will invest $95 million in an expansion of its Louisville, KY distillery and create a nursery on the property for a long-term study of oak tree sustainability.
The wood flooring manufacturer plans to install innovative technology and create 20 new jobs at its Somerset, KY facility.
The Austrian plastic manufacturer will invest nearly $7 million in a 100,000-square-foot expansion of its Bowling Green warehousing facility.
The food retailer will increase production at the Florence, KY location and create 250 new jobs in the region.
Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.
While auto sales are expected to decrease in 2018, manufacturers can still bank on the larger market share of SUVs and CUVs to help keep the industry afloat.
The expansion will create approximately 125 new jobs and accelerate delivery of innovative, lightweight aluminum solutions to growing U.S. market.
More than 17,200 jobs were announced in the Bluegrass State last year, the highest number in 17 years.
The packaging manufacturer will invest nearly $46 million and create 180 full-time jobs in Bardstown, KY.
The generator manufacturing plant will add up to 90 jobs at its new sheet metal fabrication facility on its Danville, KY campus.
The family-owned toll blending and materials development company will make cement-based products, gunite, shotcrete, non-shrink grouts and more at its new operation in Wurtland, KY.
The aluminum parts manufacturer will invest more than $51.3 million in Bowling Green, KY.
Kentucky's recently passed right-to-work legislation was influential in the company's decision to build an aluminum rolling mill in Greenup County, KY to supply the automotive and aerospace industries.
Three years after opening in Paducah, KY, UACJ Automotive Whitehall Industries will create 50 jobs with an expansion.
Pilkington North America will upgrade its Versailles, KY auto glass plant with new technology and machinery.
The shipping hub, to be located at the Cincinnati/Northern Kentucky International Airport in Hebron, will create 2,700 jobs.
The $26M project was made possible by a complex economic development deal involving candle manufacturer MVP Group moving its operations from Fulton to Mayfield.
The uniform and textile services provider is growing with help from state tax incentives and workforce development programs.
More Than A Bakery, LLC plans to build a $57.1 million facility in Versailles, KY. The bakery and distribution facility will employ 310 people.
Ford Motor Co. will create 2,000 jobs and invest $1.3 billion at its Kentucky Truck Plant (KTP) in Louisville to produce all-new 2017 F-Series Super Duty trucks.
General Cable Industries Inc. will create more than 54 positions and invest more than $2.5 million in a consolidation and relocation project in Lawrenceburg, KY.
There may be fewer projects to aim for in the highly competitive environment of a recovering economy, but those who hope to succeed must find a way that distinguishes them from the rest of the field. Here are the organizations who have established a consistent standard of excellence and embraced the best practices to secure the projects that bring bundles of new jobs to their locations.