Kristina Slattery
Kristina Slattery
Commissioner
Business Development

Kentucky Cabinet for Economic Development
800.626.2930
502.564.7670
Kristina.Slattery@ky.gov

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Cabinet For Economic Development: October 2023
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Gov. Beshear, Stellar Snacks Announce Largest Economic Development Project in West Louisville in Over 20 Years
Woman-owned pretzel manufacturer to create 350 jobs over 10 years with $137 million investment

LOUISVILLE, Ky. (Oct. 17, 2023) – Today, Gov. Andy Beshear joined state and local officials and leaders from pretzel manufacturer Stellar Snacks to announce the company’s commitment to invest $137 million and create 350 full-time Kentucky jobs over the next 10 years in West Louisville, the single largest economic development project the state has on record for the community over the past 20 years.

The project is contingent upon final approval of state incentives by the Kentucky Economic Development Finance Authority not related to the Tax Increment Financing (TIF) program currently in place for the West End Opportunity Pa . . .

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Ascend Elements, SK ecoplant To Locate $65.8 Million Lithium-Ion Battery Recycling Facility in Hopkinsville, Creating 60 Full-Time Jobs
Operation will recycle approximately 56,000 electric vehicle batteries per year

FRANKFORT, Ky. (Sept. 28, 2023) – Today, Gov. Andy Beshear highlighted another significant investment in Kentucky’s rapidly growing electric vehicle (EV) sector, as Ascend Elements and SK ecoplant have announced plans to locate a $65.8 million lithium-ion battery recycling facility in Christian County that will create 60 full-time jobs for Kentuckians.

“I want to once again thank Ascend Elements for investing in the commonwealth, as well as welcome its new partner, SK ecoplant, to our state,” Gov. Beshear said. “Our automotive and EV-related growth has shown no signs of slowing down as we continue to pos . . .

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Gov. Beshear Highlights MultiTech Industries’ $3.6 Million Expansion of Franklin Facility, Creating 20 New Full-Time Jobs
Company won Simpson County’s Industry of the Year Award in 2022

FRANKFORT, Ky. (Oct. 19, 2023) – Today, Gov. Andy Beshear highlighted new growth in Kentucky’s extensive manufacturing sector as MultiTech Industries, a provider of engineered metal components and assemblies, announced plans to expand its Franklin facility, a $3.7 million investment that will create 20 new, full-time positions.

“October is Manufacturing Month in the commonwealth, and thanks to our world-class workforce and great companies investing in communities across the state, Kentucky’s industry is stronger than ever,” said Gov. Beshear. “MultiTech Industries is an import . . .

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AATW To Build 9 Bourbon Rickhouses in Anderson County With $11.8 Million Investment, Creating 10 New Jobs
New rickhouses will be located off Bluegrass Parkway

FRANKFORT, Ky. (Sept. 19, 2023) – Today, Gov. Andy Beshear highlighted another quality project in Kentucky’s signature bourbon and spirits industry taking place in Anderson County. AATW, an owner and operator in the bourbon sector, is investing $11.8 million to build nine rickhouses that will create 10 full-time jobs by the end of the project.

“The momentum we are seeing in Kentucky’s signature bourbon and spirits industry shows no sign of slowing down,” said Gov. Beshear. “This investment by AATW is going to continue strengthening our bourbon production and bring quality jobs . . .

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Whiskey House of Kentucky Cuts Ribbon on New $130 Million Elizabethtown Operation Creating 100 Full-Time Jobs
Company will produce more than 112,000 barrels annually

ELIZABETHTOWN, Ky. (Oct. 12, 2023) – Today, Gov. Andy Beshear congratulated Whiskey House of Kentucky, a producer of contract bourbon and American whiskey, as company and local leadership gathered for a ribbon-cutting ceremony on a new $130 million operation in Elizabethtown that is creating 100 high-wage full-time jobs.

"Congratulations to Whiskey House of Kentucky and its entire team on reaching this incredible milestone in Elizabethtown,” said Gov. Beshear. “This new distilling operation will not only foster growth in the commo . . .

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Gov. Beshear Congratulates Western Kentucky Distilling Co. on Grand Opening of New Distillery in Ohio County
$30 million project announced in November 2022 will create 35 full-time jobs

BEAVER DAM, Ky. (Oct. 18, 2023) – Today, Gov. Andy Beshear congratulated Western Kentucky Distilling Co. on the grand opening of the company’s new $30 million, state-of-the-art distillery in Beaver Dam, creating 35 full-time, Kentucky jobs.

“Coming off what was a historic year for Kentucky bourbon in 2022, seeing these announced projects and investments become operational and begin production is an incredible step for the commonwealth,” said Gov. Beshear. “Today’s grand opening marks yet another step forward for Kentucky’s signature bourbon and spirits industry and will . . .

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Gov. Beshear Joins AESC Leaders To Place Final Steel Piece At Bowling Green Gigafactory, Creating 2,000 New Full-Time Jobs
$2 billion project is second largest economic development investment in Kentucky history

BOWLING GREEN, Ky. (Sept. 14, 2023) – Today, Gov. Andy Beshear joined local officials and executives from AESC to help place the last piece of structural steel at its 1.6 million-square-foot, $2 billion gigafactory in Bowling Green’s Kentucky Transpark. The state-of-the-art 30-gigawatt hour plant will create 2,000 new, skilled jobs in the region, producing battery cells and modules to power next-generation electric vehicles (EVs) for multiple global automotive manufacturers.

“Today we celebrated another step forward for AESC in Bowling Green – the second largest economic investment in Kentucky’s history, . . .

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Gov. Beshear Joins Pratt Industries To Open $500 Million Paper Mill in Henderson, Creating Over 320 Well-Paying Jobs Across 2 Facilities
$500 million project marks largest investment in the region in more than 25 years

HENDERSON, Ky. (Sep. 14, 2023) – Today, Gov. Andy Beshear joined officials with Pratt Industries in Henderson to officially open the company’s new $500 million paper mill and box factory, which will create over 320 well-paying jobs across two facilities and serves as the largest investment in the region in more than 25 years.

“I want to congratulate Pratt Industries on this newest milestone in Henderson,” said Gov. Beshear. “The quality job opportunities for hundreds of Kentucky residents this project is bringing to the region is something to celebrate. Pratt Industries is a perfect . . .

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Gov. Beshear Joins Nucor for Grand Opening of $1.7 Billion Steel Mill in Brandenburg
Project has created jobs for several hundred Kentuckians

BRANDENBURG, Ky. (Oct. 6, 2023) – Today, Gov. Andy Beshear joined local officials and Nucor Corporation leadership for the grand opening of the company’s $1.7 billion steel plate manufacturing mill in Meade County, a project that has created several hundred new high-quality manufacturing jobs.

“Nucor and Kentucky have a longstanding partnership, and I’m excited that we continue to build on that by opening Nucor Steel Brandenburg,” said Gov. Beshear. “This steel plate manufacturing mill provides opportunities for Kentucky workers, their families and the community in Meade County. I want to thank Nucor’s lea . . .

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Gov. Beshear Congratulates United Auto Workers, Ford Leaders on Plans To Bring New EV Product to Louisville Assembly Plant
New investments are planned at both the Louisville Assembly Plant and Kentucky Truck Plant

FRANKFORT, Ky. (Oct. 29, 2023) – Today, Gov. Andy Beshear congratulated United Auto Workers (UAW) and Ford Motor Co. leaders on plans to bring a new electric vehicle (EV) product to the Louisville Assembly Plant.

UAW representatives said the Louisville Assembly Plant, through tentative negotiations, is expected to see 
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Kentucky Association for Economic Development (KAED): 2023 Kentucky Economic Forum
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Our cabinet was once again happy to sponsor and participate in KAED’s Annual Kentucky Economic Forum. This year’s conference was held on Oct. 25-26 in Covington and several members of our CED team attended. Jeff Noel, Kristina Slattery and Monique Quarterman all spoke, and our project management team led a round table discussion during the forum.

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ALUMINUM USA: 2023 Conference
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ALUMINUM USA is an industry event covering the entire chain, from mining and smelting to casting and rolling to finishing and fabrication. Attendees had the opportunity to network with aluminum manufacturers, suppliers and companies that service the industry. CED team members Craig McKinney and Andy Luttner attended and listened to several speakers from the industry.

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Kentucky Employees Charitable Campaign (KECC)
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CED kicked off this year’s KECC fundraiser with a cabinet-wide cornhole tournament. Brandon Mattingly (left) and Matt Wingate’s (right) team ‘Chip Shot’ finished first in the bracket. But if sports aren’t your thing, our next KECC fundraiser may be – CED’s Silent Auction! Last year's auction included everything from prized bottles of bourbon to jewelry, artwork, Kentucky Proud products, and more. Stay tuned to see what’s up for grabs this year!

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