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1,200 New Jobs and Nearly $292 Million in Investments Announced in Ky. Just This Week

CRYSTAL STALEY by CRYSTAL STALEY
January 28, 2022
in Business/Politics
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Gov. Beshear: We’ve Announced More Than 1,200 New Jobs and Nearly $292 Million in Investments Just This Week

FRANKFORT, Ky. (Jan. 28, 2022) – Gov. Andy Beshear today announced the creation of more than 1,200 quality jobs and $291.8 million in investments by businesses across Kentucky during the last full week of the month.

“Companies across the country and around the world have recognized what we’ve known all along – that Kentucky is the place to be,” said Gov. Beshear. “We’ve already broken every record in the books for economic development, but the news we’ve announced this month – just this week even – is further proof that we are just getting started.”

2021 saw Kentucky shatter every economic development record in the books with $11.2 billion in investments announced for private-sector new-location and expansion projects and commitments to create more than 18,000 full-time jobs in coming years. 2022 is shaping up to be another great year for the commonwealth with the following announcements this week:

Quadrant to Add 200 Jobs with New $95 Million-Plus Manufacturing Facility
Gov. Beshear announced that Quadrant will build a new $95 million-plus rare-earth magnet manufacturing operation in Louisville, its first mass production facility in the United States, which will create 200 full-time jobs for Kentuckians. To learn more, see the full release.

Eurofins Genomics to Construct New Facility in Louisville
Gov. Beshear congratulated Eurofins Genomics LLC, an international provider of DNA sequencing services, on the company’s plans to expand its presence in Louisville with a new manufacturing facility to supply reagents used for virus detection. The company will invest over $35.7 million for the new operation. To learn more, see the full release.

Vertical Farming Operation to Create 125 High-Wage Jobs in Boone County
Gov. Beshear announced continued growth within Kentucky’s agritech sector, as 80 Acres Farms moves forward with plans to locate a new vertical farming facility in Boone County, which will create 125 well-paying jobs with a $74 million investment. To learn more, see the full release.

Confluent Health to Create 350 Well-Paying Jobs at Louisville HQ
The Governor recognized the continued growth of Kentucky’s health care sector, announcing plans for Confluent Health LLC to relocate and expand its headquarters in Louisville, a project that will create 350 full-time, Kentucky-resident jobs with an investment of about $10 million. To learn more, see the full release.

Levi Strauss to Open New Distribution Center, Creating 300 Job Opportunities
The good economic news continued as the Governor announced that Levi Strauss & Co. will establish a new e-commerce distribution center in Erlanger, creating approximately 300 jobs with a $48 million-plus investment. The project will double the company’s statewide employment in Kentucky. To learn more, see the full release.

Kroger Fulfillment Facility to Create 161 Full-Time Jobs in Jefferson County
Gov. Beshear welcomed the expanded presence of a major Kentucky employer as Kroger Fulfillment Network LLC, a wholly owned subsidiary of the Kroger Co., plans to locate a new e-commerce spoke facility in Louisville that will create 161 quality job opportunities. To learn more, see the full release.

Piston Automotive to Add 117 Full-Time Jobs with Louisville Expansion
Gov. Beshear announced that Piston Automotive LLC, a provider of automotive assemblies, including for advanced electric and hybrid vehicle battery systems, will increase the scope of a previously announced Jefferson County expansion, which now will create 117 full-time jobs with a $26.3 million-plus investment. To learn more, see the full release.

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Comments 11

  1. KAG says:
    4 years ago

    And the WINS just keep coming

    • Jeremy says:
      4 years ago

      We need some of that here in Eastern Kentucky. Not everyone wants to live and work in Louisville. But investment in Kentucky is always a good thing. So Kag how do you split the credit? The dem Gov or the super majority house/senate Republicans? Either way it’s good just we need more of it in our area.

      • KAG says:
        4 years ago

        You make a good point but they also have been in charge since 2015 Andy took over in December 2019. The only jobs Bevins and his buddies promised us was the plant in Boyd county and the so called battery factory in Pike county which we are to this day still waiting on.

      • KAG says:
        4 years ago

        A little refresher for your memory

        https://www.nkytribune.com/2018/06/braidy-industries-breaks-ground-on-1-6b-rolling-mill-near-ashland-will-bring-600-jobs-to-region/

        https://www.courier-journal.com/story/money/companies/2017/12/15/battery-maker-bringing-985-jobs-eastern-kentucky-and-lexington/953554001/

  2. John says:
    4 years ago

    Dang, I figured Heath Preston would get us some jobs for Lawrence County with his political connections he says he has. You do not have to be an elected official to do that.

  3. Dan says:
    4 years ago

    Hurray for Louisville!!! What about the rest of us????

  4. KAG says:
    4 years ago

    LC is so pathetic that the government of KY just looks over it. Our great great great grandchildren will still be leaving here in droves after graduation. This country plain old stinks. LC is suited only for those without ambitions and retirees. I’m one of those without ambitions.

  5. Carl says:
    4 years ago

    It’s easy to understand why no reputable company would want to come to this area and companies like AK Steel got the hell out and went to Dearborn Mich., when you have a population that is so foolish that they were so easily conned into believing the Republican lies that coal is coming back and the tobacco fields should will be flourishing again. Who in their right minds would want to put up with that level of stupidity!

  6. Brandon says:
    4 years ago

    I guess that would rival the stupidity of democrats that believes there’s no boarder problem. Plus, the ignorance of choosing high ranking officials because of their skin color. Now that defines STUPIDITY!! LETS GO BRANDON!!

    • KAG says:
      4 years ago

      Brandy please try to keep up this is a state topic not federal

  7. Brandon says:
    4 years ago

    Stupidity has no boundaries.

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