UPS to invest $750 million in projects, adding 1,000 new jobs in Louisville
On Thursday, UPS announced $750 million in projects that will support the Worldport air hub, which will create 1,000 jobs in Louisville.
“UPS is a great corporate citizen and a significant economic driver for the commonwealth. We are thrilled to see the company’s continued growth here,” Gov. Matt Bevin said. “Businesses and consumers now operate at a faster pace than ever, and that is reflected in their shipping and distribution needs. It is the mark of a great company, that UPS has quickly responded to customer demand by expanding its air cargo fleet here in Louisville. We are grateful for the continued commitment of UPS to the highly skilled workers of Kentucky, and we look forward to further expanding this strong partnership as we move into the future.”
With this latest announcement, UPS has now reached $3 billion in capital investments in Kentucky. As a whole, Kentucky’s UPS operation has created 62,000 direct and indirect jobs and $2.5 billion in annual wages.
“Investments like this are the direct result of the business community working with the General Assembly to create good economic policy,” Sen. Stivers said. “These efforts allow for companies like UPS to grow and expand, boosting the economy of the city of Louisville. I appreciate UPS’ commitment to the commonwealth, and I look forward to continuing to work to cultivate an economic environment that assures major companies that Kentucky is home.”