Monthly Archives - May 2018

Gov. Bevin Departs on Recruiting Mission to Asia

Gov. Matt Bevin today will lead an economic development and trade mission to Japan and the Republic of Korea to meet with executives, strengthen ties and encourage international investment and job creation in Kentucky. Gov. Bevin, along with Sec. Terry Gill and Executive Officer Vivek Sarin of the Kentucky Cabinet for Economic Development, will promote Kentucky in meetings with leaders of Japanese and Korean manufacturing, service and technology corporations. Companies include those with facilities already in the state, as well [...]

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Ford Restarting F-150, Super Duty Production Ahead of Schedule after Fire at Magnesium Parts Supplier

Ford Motor Company is restarting production of the popular F-150 at Dearborn Truck Plant Friday after just over one week of downtime. The company has also successfully repaired the supply chain for Super Duty, with production targeted to restart by Monday at the Kentucky Truck Plant as well as the Kansas City Assembly Plant that also makes F-150 pickups. This follows the massive May 2 fire at the Meridian Magnesium Products facility in Eaton Rapids, Mich. “While the situation remains extremely [...]

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legislative-update-2018

2018 General Assembly Recap

The most significant takeaway from this session could very likely be breaking the no-tax cycle and doing it with a Republican majority in both chambers and a Republican Governor. HB 487 makes changes in both corporate and individual income tax provisions, applies the sales tax to some services, and increases the cigarette tax. The bill was not a significant new revenue generator, but depending on what happens this election cycle, it will leave the door open for additional tax [...]

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Novelis Breaks Ground on Facility in Guthrie, Plans 125 Jobs

Gov. Matt Bevin today joined executives from Novelis Inc. along with federal, state, local and industry representatives to break ground for the aluminum supplier’s $305 million processing plant in Todd County, which will create 125 full-time jobs producing automotive-grade aluminum sheet. “These are the kinds of investments that are transforming Kentucky and transforming the aluminum industry,” Gov. Bevin said. “My vision for the Commonwealth is that we become the center for engineering and manufacturing excellence in the United States of [...]

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Gov. Bevin appoints new Commissioner for the Department of Workforce Investment

Ray Leathers, of Shelbyville, a decorated U.S. Army veteran with 40 years of experience in the manufacturing industry, was appointed Commissioner of the Department of Workforce Investment, replacing Beth Kuhn. Kuhn will now be overseeing the community engagement component of Kentucky HEALTH through the Cabinet for Health and Family Services. “Ray Leathers is bringing 40 years of his private sector workforce experience to the public sector,” said Kentucky Education and Workforce Development Cabinet Interim Secretary Don Parkinson. “This experience will [...]

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