Gov. Andy Beshear capped off August with announcements of several job-creating projects across the state, with three planned projects spanning three regions combining for approximately 250 expected new jobs and $32.65 million in planned investment.
"Even with COVID-19 and significant short-term unemployment, we are seeing long-term investments in the commonwealth that are going to create jobs long after this pandemic is over," said Gov. Beshear. "We have a chance to emerge stronger and to make sure when we eventually get through this pandemic, we don’t crawl, we don’t walk – we run."
The three projects, all of which received preliminary approval for incentives at the Kentucky Economic Development Finance Authority’s (KEDFA) August meeting, are as follows:
In total, seven companies received preliminary approval from KEDFA for incentives, with the potential for $54 million in future investment and 448 new jobs.
Since Gov. Beshear took office last December, the state has seen over 140 new or expansion announcements totaling over $1.6 billion in future investment with the prospect of nearly 6,000 new full-time jobs.