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Kentucky 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. The state's previous investment record was $5.1 billion in 2015. Three billion-dollar-plus projects, including Amazon's $1.5 billion Prime Air shipping hub, Toyota's $1.33 billion Reborn project, and Braidy Industries' $1.3 billion aluminum rolling mill, fueled the record-smashing investment performance. Rural and urban counties closely split the 333 private-sector projects, with rural counties attracting 166 projects and urban counties attracting 167. Investment by internationally owned companies hit $2.3 billion, expected to create 2,950 new jobs statewide. The top-five sectors by investment are motor vehicle related, high technology, advanced manufacturing, distribution & logistics, and primary metals.

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Kentucky 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...

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  • File Format: PDF
  • File Size: 67 KB
  • Pages: 3
  • Language: EN
  • Author: NMBC User
  • Total Downloads: 118
  • Last Updated: 1 week ago

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