Governor Matt Bevin says Kentucky has experienced record economic growth since December 2015.
Governor Bevin says the commonwealth has recorded $20 billion dollars in corporate investment since December 2015. The growth is an all-time record for any four-year administration. Bevin adds the growth has created nearly 54,000 full-time jobs for Kentuckians.
The $20 billion in pledged investment comes across 1,180 individual projects, which include private sector companies planning to expand existing operations or establish new facilities in the state. In addition to direct job creation, the projects create indirect and spin-off employment such as construction, service and supplier jobs.
The most growth since 2015 has come in the automotive sector, with 222 automotive projects announced with an investment totaling more than $6.3 billion which has added more than 11,000 jobs. Other top growth areas include Primary Metals, Food and Beverage and Distribution and Logistics.
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