Kentucky Economic Development Finance Authority
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 Economic Development Finance Authority articles below.
Industrial Hemp Operation Will Create 271 Jobs In Kentucky
AgTech Scientific will invest $5 million in a state-of-the-art, 50,000-square-foot hemp-products development and manufacturing facility in Paris, KY.
Kentucky’s Corporate Investment Hit Record $9.2 Billion In 2017
More than 17,200 jobs were announced in the Bluegrass State last year, the highest number in 17 years.
WhiteRock Pigments Investing $179M In Kentucky
The company will create 124 jobs at the former Alcoa building near Hawesville, KY with the help of state tax incentives and workforce programs.
KAAP Launches Seventh Expansion In Kentucky, Will Create 129 Jobs
The aluminum parts manufacturer will invest more than $51.3 million in Bowling Green, KY.
Aluminum Extruder Investing $3.3M In Western Kentucky
Three years after opening in Paducah, KY, UACJ Automotive Whitehall Industries will create 50 jobs with an expansion.
High-Tech Greenhouse Creating 140 Jobs In Kentucky
Hydroponics startup AppHarvest will grow produce above ground with a $50 million investment in a reclaimed mine site in Eastern Kentucky's Pike County.
UniFirst Investing $12M In Owensboro, KY Expansion
The uniform and textile services provider is growing with help from state tax incentives and workforce development programs.
Kentucky: Biotechnology Sector Is Surging In Lexington
A $1.8 million specialized biotech startup and a $10 million expansion of Coldstream Labs’ pharmaceutical plant are the most recent additions to Lexington’s growing biotech cluster.
Bakery Company Chooses Kentucky For Third Location
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 To Add 2,000 Jobs, Invest $1.3B in Louisville’s Kentucky Truck Plant
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 Relocating Operations To Lawrenceburg, KY
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.
Kindred Healthcare Expanding Corporate Headquarters In Louisville, KY
Company plans to build six-story building on Theatre Square and create 500 new jobs. Once it completes a merger with Atlanta-based Gentiva Health Services Inc., Kindred will become one of the largest health care companies in the U.S.
Computershare Inc. Opens New Facility In Louisville, KY
Facility will support the company’s nationwide operations.
Avure Technologies Inc. Establishing Headquarters In Northern Kentucky
Avure to create state-of-the-art high-pressure processing food research lab.
Bendix Spicer Foundation Brake Expands In Bowling Green, KY
To encourage the investment and job growth in Warren County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program.
Data Dimensions To Open Processing Center in Mt. Sterling, KY
Insurance data processing company serves many Fortune 500 companies.
eBay Enterprise Expanding In Walton, KY
Leading e-commerce provider to invest $52 million in Kentucky; will add more than 300 jobs.
Creative Lodging Solutions LLC To Add 120 Jobs In Lexington, KY
National lodging services company to expand headquarters, invest $5.5 million in the project and nearly double its workforce in the next four years.
$150 Million Aluminum Facility Coming To Bowling Green, KY; Creating 80 Jobs
Japanese, European partnership to supply aluminum sheets to automotive manufacturers.
Portwest LLC To Open First North American Facility In Shepherdsville, KY
Irish safety gear manufacturer to establish new markets in the United States.
Hendrickson USA LLC Establishing Operations In Elizabethtown, KY
Global auto manufacturer chose central Kentucky due to highly skilled workforce, centralized location.
PTC Seamless Tube Corp. To Establish Manufacturing Operations In Hopkinsville, KY
Company to invest more than $102 million to retrofit, expand its parent company’s former Hopkinsville location; will create up to 283 new jobs.
Custom Foods To Expand Operations In Owingsville, KY, Create 200 Jobs
To encourage the investment and job growth in Owingsville, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $3 million through the Kentucky Business Investment program.
Louisville, KY Getting More eBay
eBay Enterprise, an eBay Inc. company, plans to expand operations in Louisville, creating more than 150 new, full-time jobs and investing up to $45 million in the Commonwealth.
Angel’s Envy Distillery Breaks Ground In Louisville, KY
Angel’s Share brands to invest $12 million in the Commonwealth; will welcome 40 new jobs.
Dr. Schneider To Create 155 Jobs At New Manufacturing Operation In Russell Springs, KY
German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.
Jacobs Automation Opens In Northern Kentucky
Manufacturer of automation technology invests more than $1.7 million; will create new jobs.
Imperium Health Management To Establish Headquarters In Louisville, KY
Health care management company to invest more than $1.3 million in the Commonwealth.
Southern Air Relocates To Northern Kentucky
Global airline relocates headquarters to Kentucky, creates up to 150 jobs.
MVP Group Establishes Manufacturing Operations In Fulton, KY
Candle, fragrance manufacturer to invest more than $5.2 million; will create 150 jobs.
Kobe Aluminum In Bowling Green, KY Breaks Ground On Second Expansion
Japanese-owned automotive supplier to invest an additional $66 million in the state; company will add 100 jobs.
Toyota To Build Lexus ES 350 In Kentucky
Toyota investing $360 million and creating 750 new jobs to produce 50,000 vehicles annually starting in 2015.
Hayashi Telempu NA Corp. To Establish Operations In Frankfort, KY Create 103 Jobs
Japanese-owned automotive supplier to invest more than $10.7 million in Kentucky.
Newly Weds Foods To Invest $57 Million, Create 115 Jobs In Northern Kentucky
Chicago-based food manufacturer makes first investment in northern Kentucky. The company employs more than 2,400 people worldwide.
