News

Nation’s First HempWood Operation to Locate in Murray

Gov. Matt Bevin today announced Fibonacci LLC will locate a HempWood® manufacturing operation in Calloway County with a more than $5.8 million investment expected to create 25 full-time jobs. “The commonwealth’s burgeoning hemp industry is quickly gaining national attention, and this exciting project will significantly intensify that spotlight,” Gov. Bevin said. “This hardwood alternative opens up new possibilities within the construction and woodworking industries and emphasizes the capabilities hemp has across numerous sectors. We are grateful to Greg Wilson and [...]

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Ford Boosts Production for Expedition, Adds 550 Jobs to Meet Demand, New Advertising Touts SUV’s Capability

Ford Motor Company will again boost production of its hot-selling Ford Expedition and Lincoln Navigator this summer as both vehicles continue to gain share over their competitors in the large SUV segment. Surging demand for Expedition and Navigator is driving an increase in production of 20 percent at Ford’s Kentucky Truck Plant in Louisville. Retail sales of the Expedition eight-passenger SUV surged 35 percent and it gained 5.6 percentage points in market segment share last year. Expedition’s average transaction price [...]

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Toyota to Add Hybrid Version Production of RAV4 and Lexus ES in Georgetown

Gov. Matt Bevin today joined Toyota Motor Manufacturing Kentucky Inc. executives and local officials to announce a $238 million investment to add production of two models at the Georgetown plant; the Lexus ES Hybrid and RAV4 Hybrid. “Toyota has been a remarkable corporate partner to the commonwealth for the past 30 years, and we thank the company for its continued commitment to Kentucky,” Gov. Bevin said. “We are immensely proud that the Bluegrass State is home to Toyota’s largest manufacturing [...]

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Kentucky Breaks Export Record in 2018

Gov. Matt Bevin announced today Kentucky exports reached an all-time high for a fourth consecutive year with $31.76 billion in goods and services shipped abroad from the commonwealth in 2018, a 2.9-percent increase from the previous year. “Once again, Kentucky’s record-setting exports highlight the momentous economic progress we have achieved in recent years,” Gov. Bevin said. “Our rapidly expanding trade is the result of steps we have taken to create a robust business climate and to market Kentucky excellence to [...]

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Kentucky Employment Services Available at Fort Campbell for Transitioning Military Service Members

The Kentucky Career Center (KCC) is offering free employment and training opportunities to the approximately 400 service members who transition each month from Fort Campbell to civilian careers in Kentucky. KCC provides services for transitioning military soldiers and their spouses including job referrals, job search, training and educational opportunities, resume assistance, skills assessments and referrals to other government agency services and programs across the state such as apprenticeship and on-the-job training. Career center staff are co-located at Fort Campbell with the [...]

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Ballard County Hemp Processor AerosourceH’s Rapid Growth Leads to 14 New Jobs

As Kentucky’s hemp industry forges ahead, Gov. Matt Bevin today congratulated industrial hemp processor AerosourceH LLC on a $2.8-million expansion at the company’s Ballard County facility, a move expected to create 14 full-time jobs. “The Bluegrass State continues to lead the way in revolutionizing the hemp industry, and AerosourceH is one of many Kentucky companies finding early success in this emerging market,” Gov. Bevin said. “As this crop takes root nationwide, the commonwealth’s efforts to set the table for economic [...]

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C&C Industrial Plans $3.83 Million Expansion in Mt. Sterling

C&C Industrial LLC, an industrial maintenance and commercial services company based in Mt. Sterling, will construct a new facility in Woodland Industrial Park with a $3.83 million investment expected to create 15 full-time jobs, Gov. Matt Bevin announced today. “C&C Industrial has been an outstanding employer in Montgomery County for more than a decade, and we are excited to see this homegrown Kentucky company continue to expand,” Gov. Bevin said. “As we continue to establish the commonwealth as the engineering [...]

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Meyer Tool to Create 100 Jobs for Kentuckians with New Boone County Facility

High-tech manufacturer Meyer Tool Inc. plans to locate a new facility in Boone County, a move that entails a $15.9-million investment and the expected creation of 100 jobs, Gov. Matt Bevin announced today. “We are excited to see Kentucky’s rapidly growing aerospace industry continue to spur additional investment and job creation,” said Gov. Bevin. “The commonwealth’s highly skilled workforce and unmatched logistics capabilities have propelled our aerospace-related companies to unprecedented heights. We are grateful for Meyer Tool’s commitment to the [...]

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Bowling Green Area Chamber of Commerce Nationally Recognized for Economic Development Excellence

The Bowling Green Area Chamber of Commerce is again being recognized as one of the nation's top areas that is attracting corporate facility investment. For the first time, Bowling Green ranked first in Site Selection magazine's Top Metros annual report of high-performing metros among communities with populations less than 200,000 based on total economic development projects for the year. The ranking evaluates states on their ability to attract investment based mainly on a 10-factor index using Site Selection publisher Conway [...]

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Clark Material Handling Expands, Creating 40 New Jobs

Global forklift manufacturer CLARK Material Handling Co. will expand its Lexington headquarters, a $4.6 million investment that will create 40 jobs. “We are grateful for the new jobs and investment CLARK is bringing to the Bluegrass region through yet another exciting expansion,” said Gov. Matt Bevin. “Our administration is committed to fostering a strong, sustained business climate that encourages growth and innovation. Continuing investment from Kentucky companies like CLARK underscores the commonwealth’s growing reputation as America’s center for engineering and [...]

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