Kentucky reaches record levels of investment in 2021

Thursday, Gov. Andy Beshear announced during his Team Kentucky update that 2021 has been Kentucky’s all-time highest year for new jobs and investment, with more than 17,000 new jobs created and more than $11 billion in investment statewide.

The governor highlighted recent project announcements throughout the Bluegrass including Consumer Cellular Inc. announcing plans to open its first operation in Kentucky in Louisville, a solar power project by Savion in Martin County, a $10 million expansion in Northern Kentucky by one of the world’s largest candy manufacturers, Perfetti Van Melle, and Four Roses Distillery in Lawrenceburg opening a newly constructed visitor’s center there and new bottling facilities in Cox’s Creek.

The state has also seen significant investments by Ford, Toyota, GE, and others this year.

Beshear noted that $11 billion in yearly investment “shatters any previous records in the state.”

He went on to say, “Put simply, this has been the best year for economic development in the history of Kentucky. We are no longer a flyover state. We are the destination.”

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Jacqueline Pitts
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