Bus manufacturer New Flyer of America to invest $40 million in Shepherdsville plant, create up to 550 jobs

New Flyer of America Inc. will create up to 550 full-time jobs as it invests $40 million to lease and upgrade a facility for bus parts fabrication in Shepherdsville. “New Flyer’s decision to locate in Kentucky further distinguishes the commonwealth as a top location for engineering and advanced manufacturing in the US,” Gov. Bevin said. “The significant number of jobs coming to Shepherdsville...

Aleris Corporation opens $400 million aluminum rolling facility expansion in Hancock County

Aleris Corp. and local leaders in Hancock County on Thursday celebrated the opening of a $400 million expansion that brings the company’s Lewisport mill new capacity, equipment and expertise to produce aluminum auto body sheet for the automotive industry. “This investment by Aleris Corp. at its Lewisport mill is a tremendous compliment to the community and to Kentucky,” Governor Matt Bevin...

Stoli Group’s Kentucky Owl Park in Bardstown to combine tourism, dining, entertainment and distilling

In one of bourbon country’s largest single projects, Gov. Matt Bevin and leaders of Stoli Group broke ground Wednesday on Kentucky Owl Park, a nearly $150 million lakeside complex to include a distillery, visitors center, cooperage, rickhouses, bottling center, restaurant and other facilities at Bardstown’s 420-acre Haydon Materials Quarry. “Global demand for bourbon continues to bring significant...

WhiteRock Pigments announces $179 million investment in Hancock County, Create 124 Jobs

WhiteRock Pigments Inc. will locate a $179 million chemical manufacturing operation in Hancock County, a project expected to create 124 full-time jobs. “WhiteRock Pigments is breathing new life into the community of Hawesville,” said Gov. Bevin. “Companies like WRP are helping Kentucky’s manufacturing industry diversify and strengthen in communities across the state, and we are excited to welcome...

Bevin, Heiner unveil $100 million Work Ready Skills Initiative to modernize state workforce

Gov. Matt Bevin and Education and Workforce Development Secretary Hal Heiner Wednesday announced the launch of the Kentucky Work Ready Skills Initiative. The new $100 million statewide bond program is aimed at developing a highly trained, modernized workforce in the Commonwealth to meet the needs of employers and promote sustainable incomes for Kentuckians. Gov. Matt Bevin “As I travel the state,...

Ethics Reporter: $313M in tax incentives OK’d so far in 2014; GE gets largest package

Special to KyForward   In the first nine months of 2014, Kentucky’s Economic Development Finance Authority approved 230 tax incentive packages for private sector projects.   If all the projects are completed as planned, businesses will keep over $313 million they would otherwise pay to state government in taxes. One hundred thirty four of the projects worth $148 million received final...

Newly Weds Foods will create 115 jobs, invest $57 million in Northern Kentucky facility

  Newly Weds Foods – an international manufacturer and distributor of food ingredients – will launch a regional food production facility in Northern Kentucky, with plans to create 115 jobs and a $57 million investment, officials have announced.   “We’re proud to welcome Newly Weds Foods to Northern Kentucky and the Commonwealth. Soon more retail products on grocery store...