News

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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Century Aluminum Announces $115 Million-plus Investment to Upgrade Smelter in Hawesville, Creates 250 Jobs

Gov. Matt Bevin today announced Century Aluminum Co., a global producer of primary aluminum, will invest approximately $116.5 million for improvements at its operation in Hawesville that will create over 250 full-time jobs. “Kentucky’s aluminum industry continues to build upon the momentum generated within the sector in recent years, and Century Aluminum has certainly been no exception,” Gov. Bevin said. “The more than 250 jobs created through this investment will be a boon for Hawesville and Hancock County. I want [...]

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legislative-update-2018

House Bill 366, April 2 – Regular Session (2018)

The Kentucky Association of Manufacturers (KAM) congratulates the Kentucky General Assembly for passage of HB 366, a significant tax reform package. KAM, as a non-partisan association, has strongly advocated a series of changes to our tax code for more than ten years that would make Kentucky more competitive in the national and global marketplaces. Continuous improvement is a foundational tenet of manufacturing. As makers of products used worldwide and creators of the jobs to make them, we believe that [...]

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legislative-update-2018

A Quick Update, March 28 – Regular Session (2018)

Our last weekly report on legislative activity noted that the General Assembly was scheduled to meet on March 27 and 28 for two concurrence days before recessing until April 12 and 13 for two veto override days. As is very often the case, the legislative leadership chose to alter the legislative calendar. By early afternoon on Tuesday, the announcement was made that the General Assembly would not be in session on the 28th, but would return to convene on [...]

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legislative-update-2018

What You Need To Know, March 19, 2018 – Regular Session (2018)

Crunch Time With only eight working days left in the 2018 legislative session, the most significant hurdle policymakers face is the dwindling amount of time remaining to address priority bills, including passage of the biennial state budget and road plan. On Friday, Senate President Robert Stivers alluded to the possibility that leaders may change the legislative calendar to address the priorities that remain. The current calendar calls for the legislature to meet through Thursday of this week, then return on [...]

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Manufacturing startup releases unprecedented pricing technology for CNC machining

Pricing in manufacturing and the search for the true economic cost of a machined part has been a challenge for manufacturers as long standing as the industry itself. According to recent studies, the existing pricing process results in cost discrepancies of up to 10X for an identical product (or part), depending on the company making it. Receiving a price typically takes days or weeks. Kentucky-based startup MakeTime launched their solution today: Network Pricing. MakeTime’s Network Pricing instantly generates a budgetary [...]

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