A nonprofit publication of the Kentucky Center for Public Service Journalism

Dajcor Aluminum Ltd, a Canadian manufacturer, to create 265 jobs, invest $19.6m in Hazard operation

Gov. Matt Bevin has announced Dajcor Aluminum Ltd., a Canadian manufacturer of extruded and fabricated aluminum products, plans to create up to 265 full-time jobs as it invests nearly $19.6 million to locate its first US operation near Hazard. “We are excited for another major jobs announcement in Eastern Kentucky, where we have a strong, skilled workforce ready to serve any industry’s needs,”...

Auditor’s report says Kentucky’s debt amounts to more than $12,200 per person

By Tom Latek Kentucky Today A report from State Auditor Mike Harmon finds Kentucky’s total debt equates to more than $12,200 for every man, woman and child in the state. 
The report, known as a data bulletin report, determined the debt, as of June 30, 2018, totals $54,615,409,616.  Of that, the vast majority, more than $43 billion, is unfunded public pension and insurance liabilities.  The...

New PPI manufacturing facility to locate in Maysville, creating more than 100 new jobs

An Iowa-based company plans to open a manufacturing facility in Mason County that is expected to create more than 100 jobs over the next 10 years. 
Precision Pulley and Idler, or PPI, a supplier of idlers, pulleys, bearings and other products to the major bulk and material handling component industries, will locate a $10.75 million manufacturing operation in Maysville it was announced Friday. 
“The...

Global beverage alcohol producer Diageo announces plans for $130 million distillery in Lebenon

Diageo, a global producer of beverage alcohol, has announced it will locate a $130 million distillery in Lebanon creating 30 full-time jobs. Diageo will locate the entire manufacturing facility – including a distillery, dry house and warehousing – in Lebanon. Company leaders expect the project to begin in summer 2019 and go operational by early 2022. “We thank the Kentucky Economic Development...

Opening of Castle & Key Distillery, $30m renovation, bring new life to former Old Taylor Distillery Co. site

At the opening of Castle & Key Distillery this week, Gov. Matt Bevin congratulated the company’s leaders on their $30 million renovation and welcomed the public’s return to the restored, long-dormant grounds of the former Old Taylor Distillery Co. in Woodford County. Gov. Matt Bevin cuts the ribbon to signal the opening of Castle & Key Distillery on the historic former site of the Old Taylor...

TOPY America to invest $37 million in phase-one upgrades at Franklin County facility

Automotive wheel manufacturer TOPY America Inc. will invest $37 million in a first round of upgrades at its plant near Frankfort. “TOPY America is a 30-year mainstay of Kentucky’s automotive manufacturing base and Frankfort’s business community,” said Gov. Matt Bevin. “We are delighted to see the company make such a substantial commitment to improving its operations and the day-to-day experience...

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...