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: April 2024
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Gov. Beshear: Kentucky Exports Break All-Time Record in 2023, Topping $40 Billion in Products Shipped Globally
Aerospace products and parts remains top export, Canada the No. 1 destination

FRANKFORT, Ky. (Feb. 29, 2024) – Today, Gov. Andy Beshear announced more Kentucky-made products were shipped around the world in 2023 than in any other year on record, as the commonwealth broke its single-year total with $40.2 billion in exports, a 16.6% increase over the previous year.

According to data recently made available by the U.S. Census Bureau, Foreign Trade Division and WISERTrade, aerospace products and parts once again led Kentucky’s exports by category in 2023. The industry shipped more than $13.3 billion in products out of the United States, representing a 27.7% increase over the previous year.


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Gov. Beshear: Kentucky Ranks 3rd Nationally in Economic Projects Per Capita, 1st in South Central Region for 2023 Governor’s Cup
Several communities place in top Metropolitan, Micropolitan lists

FRANKFORT, Ky. (March 1, 2024) – Today, Gov. Andy Beshear announced Kentucky’s strong placement in Site Selection magazine’s 2023 Governor’s Cup rankings, coming in third nationally in economic projects per capita and first in the South Central region. The commonwealth also secured the second spot in the South Central region for overall projects, buil . . .

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Oscarware's Dudley Receives Leadership Award
 

Team Kentucky congratulates Debra Dudley, Co-Founder and President of Oscarware Inc., on being named this year’s recipient of the Gail Adinamis Wegg Award for Exemplary Global Leadership from Women Entrepreneurs Grow Global.

"I am very grateful to be the 2024 recipient of the Gail Adinamis Wegg Award for Exemplary Global Leadership,” said Debra Dudley." The mission of Wegg, Women Entrepreneurs Grow Global, is to educate, inspire and nurture women business owners and entrepreneurs on how to go global so they can run healthier bus . . .

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Gov. Beshear Joins Leaders at Goose Creek To Break Ground on $5 Million Expansion Creating 160 Full-Time Jobs
Project will help company meet rapidly growing customer and retailer demand

LIBERTY, Ky. (March 8, 2024) – Today, Gov. Andy Beshear joined local officials and representatives from Goose Creek Candles, a family-owned candle, soap and wax melt manufacturer, to break ground on the company’s new distribution facility expansion project in Casey County, a $5 million investment creating 160 quality, Kentucky jobs.

Congratulations to Goose Creek Candles for this incredible investment into the local community and workforce,” said Gov. Beshear. “A Kentucky company finding success and expanding its oper . . .

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Gov. Beshear: Vista Metals To Invest $60 Million in Aluminum Casting Facility in Bowling Green, Creating Over 50 Full-Time Jobs
Company creating high-wage jobs in Warren County to supply aerospace industry

FRANKFORT, Ky. (March 19, 2024) – Today, Gov. Andy Beshear congratulated Vista Metals as Kentucky’s metals industry continues to grow at a rapid pace. Vista Metals – a market leader in the manufacturing of specialty aluminum products primarily supporting aerospace, commercial aircraft, defense, automotive and general industrial applications – plans to locate a new specialty aluminum products operation in Bowling Green, creating over 50 well-paying full-time jobs behind an approximate $60 million investment.

Initial site preparation is already underway, and Vista Metals will commence with a phased build-out to . . .

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Gov. Beshear Announces 5 Planned Economic Development Projects in 5 Days That Could Bring Thousands of Jobs, Billions in Investments to Kentucky
Projects possible with up to $961 million in federal funding, companies betting on Kentucky

FRANKFORT, Ky. (March 25, 2024) – Today, Gov. Andy Beshear said that, thanks to as much as $961 million in U.S. Department of Energy (DOE) funding and companies betting on Kentucky, he is able to announce five planned economic development projects over five days that could bring thousands of new jobs and billions in investment to the commonwealth. 

The Governor will be joined by company leaders and local officials Monday at the state Capitol to discuss the five proposed job-creating projects approved for federal funds, which include:

  • Century Aluminum Co. plans to potentially build the first new U.S. primary aluminum . . .

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Gov. Beshear: Bespoken Spirits Celebrates Grand Opening of New Corporate Headquarters in Lexington, $3.2 Million Project Creating 16 Jobs
Distilled spirits distributor relocated headquarters from San Francisco

FRANKFORT, Ky. (March 27, 2024) – Today, Gov. Andy Beshear highlighted an exciting new announcement within the state’s signature bourbon and spirits industry as he congratulated Bespoken Spirits on the grand opening of their newly relocated corporate headquarters and manufacturing operation in Lexington, a $3.2 million investment creating 16 quality Kentucky jobs paying an average hourly wage of $70.77 including benefits.

“Adding a company like Bespoken Spirits to the commonwealth is a welcome addition to the state’s booming signature bourbon industry,” said Gov. Beshear. “Whe . . .

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Gov. Beshear Joins FEAM Aero for Grand Opening of $45 Million Expansion at CVG Airport Creating 250 Full-Time Jobs
Company’s new three-bay hangar grew from original $40.2 million project announced in 2022

HEBRON, Ky. (March 28, 2024) – Today, Gov. Andy Beshear joined local officials from Boone County and leaders from F&E Aircraft Maintenance (FEAM Aero) to celebrate the grand opening of the company’s new $45 million three-bay hangar at Cincinnati/Northern Kentucky International Airport (CVG), a facility that is creating nearly 250 full-time positions, including at least 124 Kentucky-resident jobs.

“We continue to see existing Kentucky industries grow and create quality jobs across the state, and the aerospace sector is no exception,” said Gov. Beshear. “FEAM Aero is the latest ex . . .

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Gov. Beshear: SCS-2 Announces New $63 Million Distribution and Transfer Facility in Bowling Green
Project builds on $27 million investment announced in July 2023

FRANKFORT, Ky. (March 28, 2024) – Today, Gov. Andy Beshear highlighted continued growth in Kentucky’s booming metals industry as SCS-2 LLC, a member of the Southern Coil Solutions family, announced plans for a new, cutting-edge $63 million distribution and transfer facility in Bowling Green, creating 28 new full-time jobs.

The project follows a July 2023 
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Gov. Beshear: Gracious Living KY To Expand Butler County Operations With Nearly $9.8 Million Investment Creating 50 Jobs
Headquarters expansion will allow company to manufacture patio furniture and more

FRANKFORT, Ky. (April 9, 2024) – Today, Gov. Andy Beshear highlighted further growth in Kentucky’s manufacturing industry as Gracious Living KY, a manufacturer and distributor of consumer products, announced plans to expand its Butler County operations with a nearly $9.8 million investment creating 50 new full-time jobs.

“The momentum we are experiencing across the commonwealth is not possible without growth from our largest industry,” said Gov. Beshear. “Manufacturing has long been essential to Kentucky’s economy, and with continued investment from companies like Gracious Liv . . .

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Gov. Beshear Joins Washington Penn Plastic Co. To Celebrate Start of Construction on $104 Million Winchester Facility, Creating 88 Jobs
Company is a leading provider of compounds for major industrial markets

WINCHESTER, Ky. (April 11, 2024) – Today, Gov. Andy Beshear joined local officials and representatives from Washington Penn Plastic Co. to celebrate the beginning of construction for the company’s new manufacturing facility in Clark County, a nearly $105 million investment that will create 88 full-time, Kentucky jobs.

“It is an exciting time to be doing business here in the commonwealth, and companies throughout the U.S. and around the world are taking advantage of our state’s business-friendly environment,” said Gov. Beshear. “I am thrilled to be here today celebrating this welcomed next step for . . .

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