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Dem Govs Get it Done: Gov. Andy Beshear Secures Largest Economic Development Project in State History
The Unprecedented Initiative Will Invest Billions into Kentucky and Create Thousands of New Jobs
Kentucky Gov. Andy Beshear is making enormous strides in growing the state’s economy and establishing Kentucky as a leader in manufacturing. Gov. Beshear recently announced Kentucky’s largest economic development project ever with Ford Motor Co. and SK Innovation, which will build two electric battery plants to power electric vehicles.
The project will invest a record $5.8 billion into Kentucky and create 5,000 new jobs. The major economic development initiative also shatters every single annual economic development record for yearly investment totals in state history and puts Kentucky on track for its best job-creating year in history.
The Lexington Herald-Leader adds that this game-changing announcement comes after “the governor successfully guided legislation in a special law-making session this month” by working with both parties to ensure Kentucky could compete for large-scale economic development projects like this.”
Gov. Beshear said: “Our economy is on fire —and now, it’s electric. Never again will we be thought of as a flyover state. Our time is now. Our future is now.”
“Gov. Beshear’s successful record of putting politics aside and bringing good-paying jobs and new businesses to Kentucky is truly unprecedented,” said DGA Deputy Communications Director Sam Newton “Kentuckians will always remember how he spearheaded this monumental economic development initiative that is positioning the Commonwealth to be a national leader in this new and exciting manufacturing sector. There’s no question that Gov. Beshear’s strong and steady leadership continues to guide Kentucky on the path forward.”