A nonprofit publication of the Kentucky Center for Public Service Journalism

UPS to Create 1,000 Jobs in Louisville with $750M in Projects, including new maintenance hangar

Alongside a 747-8F, the largest aircraft in UPS Airlines’ fleet, Gov. Matt Bevin today joined company executives in Louisville to unveil $750 million in projects to further support the shipping giant’s Worldport air hub and create 1,000 jobs across the coming years. File photos “UPS is a great corporate citizen and a significant economic driver for the commonwealth. We are thrilled to see the...

Bevin, University of Louisville, KentuckyOne Health strike deal for acquisition of Jewish Hospital

Gov. Matt Bevin and University of Louisville President Dr. Neeli Bendapudi have announced a plan to secure the future of the Jewish Hospital and other KentuckyOne Health properties and their employees. Under the deal, University Medical Center Inc., owned by U of L, would acquire Jewish Hospital and other KentuckyOne Health assets located in the metro Louisville region and then integrate them into...

Economic Development Cabinet Secretary Terry Gill resigns, Gov. Bevin recommends Sarin as interim

Gov. Matt Bevin on Tuesday accepted with regret the resignation of Terry Gill, secretary of the Kentucky Cabinet for Economic Development, effective at the end of May. Terry Gill “The impact that Terry’s leadership has had on the economy of our commonwealth cannot be overstated,” Gov. Bevin said. “He brought to our economic development efforts the perspective of a business executive who knows...

Kentucky officials to recruit aerospace jobs during visit to Great Britain’s Farnborough Air Show

At Great Britain’s Farnborough International Airshow this week, Gov. Matt Bevin and Cabinet for Economic Development leaders Terry Gill and Vivek Sarin, along with local and regional Kentucky development professionals, will seek to attract new companies and create jobs in Kentucky’s burgeoning aerospace industry. “Kentucky is a top-flight location in the US for aviation and aerospace engineering,...

Governor creates Economic Opportunity Commission to help ‘disadvantaged’ access growing opportunities

Gov. Matt Bevin has created an Economic Opportunity Commission, which will be attached to the Kentucky Cabinet for Economic Development (KCED). The new Commission combines the Governor’s Office of Minority Affairs and the Governor’s Minority Employment, Business Affairs and Economic Development Council. The Economic Opportunity Commission will consist of 12 voting members appointed by the Governor,...

Gov. Bevin: Kentucky Opportunity Zone Initiative holds promise of economic growth for local communities

Gov. Matt Bevin announced Monday the U.S. Department of the Treasury certified 144 Opportunity Zones in 84 Kentucky counties under a program in the Tax Cuts and Jobs Act of 2017 that aims to encourage long-term investments in low-income urban and rural communities nationwide. Gov. Bevin The designation offers significant federal tax breaks and deferrals to entities and individuals investing in Opportunity...

Kentucky’s 2017 corporate investment hits $9.2 billion creating 17,200 jobs; highest mark in 17 years

Shattering its previous investment record, Kentucky has announced $9.2 billion in corporate expansion and new-location projects in 2017, bringing commitments to create more than 17,200 jobs, the most since 2000. “Kentucky’s record-setting performance this year in job creation and corporate investment is a direct result of the pro-business legislation, policies and programs we’ve enacted over...