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Kentucky again places high for job and economic growth

Kentucky again places high for job and economic growth
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By West Kentucky Star staff
Jul. 09, 2024 | FRANKFORT
By West Kentucky Star staff Jul. 09, 2024 | 01:49 PM | FRANKFORT
Gov. Andy Beshear announced Tuesday further recognition of the commonwealth's economic momentum as Kentucky and several of its communities have been highlighted by major economic development publications as national leaders for job growth and business development.

Business Facilities magazine ranked Kentucky in the top 10 of three industry categories, including Food Processing, Automotive and EV Investment.

Kentucky is home to more than 430 food and beverage production facilities that employ over 58,000 people statewide.

Since the start of the Beshear administration, the industry has seen over $6.3 billion in announced investments supporting nearly 7,000 new jobs.

The commonwealth's automotive sector includes more than 550 operations that employ over 103,000 Kentuckians.

Automakers and suppliers have announced over $14.3 billion in new investments since the start of the Beshear administration, with more than 15,700 jobs being created.

Electric vehicle growth has been a major contributor to that success, with over $11.7 billion in announced investments for EV-related projects supporting more than 10,280 new jobs.
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