FRANKFORT, Ky. – Today, Gov. Andy Beshear announced strong functionality for Kentucky in Site Selection magazine’s annual ranking, which includes the 2022 Prosperity Cup and Mac Conway Awards, as well as the list of the most sensible offerings in North America.
Kentucky is ranked sixth in this year’s Prosperity Cup. The rating recognizes the good fortune of the economic progression at the state point in the activity of capital investment projects in the last calendar year.
Two of the most important recent projects in the Commonwealth: Ford Motor Co. ‘s BlueOvalSK battery fleet. and SK Innovation in Hardin County, which was announced in September, and the recently opened Amazon Air hub in Boone County, ranked third and eleventh, respectively. , among the best. North American offerings for 2021, based on capital expenditures and task creation.
“These ratings underscore what we already know in Kentucky: Economic momentum in the Commonwealth is at an all-time high and shows no signs of slowing down anytime soon,” Gov. Beshear said. “These ratings highlight the good fortune we’ve had across the state and the major investment and task creation projects we continue to attract. With 4 of the 20 economic development organizations receiving a 2022 Mac Conway Award living in Kentucky, it reminds us that we have the most committed people at the state and local point when it comes to long-term construction for all Kentuckians.
The Mac Conway Awards, reserved for economic advancement organizations that particularly contribute to attracting investment and creating tasks, were presented to the Bowling Green Area Chamber of Commerce, Elizabethtown-Hardin County Industrial Foundation, Louisville Forward/Greater Louisville Inc. and redi Cincinnati/Northern Kentucky tried. Each network has noticed significant job creation announcements in 2021, as organizations have played a pivotal role in helping existing businesses grow and attract new employers to their communities.
Bowling Green Area Chamber of Commerce President and CEO Ron Bunch spoke about the expansion in the region in recent years.
“The Mac Conway Award is an honor, and we are thrilled to be identified through Site Selection magazine for the time being in a row year,” said Bunch. Bowling Green and Warren County thrive as an engine of prosperity in South Central Kentucky. “
Rick Games, president and chief operating officer of the Elizabethtown-Hardin County Industrial Foundation, highlighted the positive effect on the network of continued economic growth.
“We are honored to be named through Site Selection magazine as one of the leading economic advancement organizations in the United States,” games said. “Our main project is to create jobs and make Elizabethtown and Hardin County the number one destination for complex manufacturing, distribution and commercial enterprises. With this in mind, we constantly strive to bring new opportunities to our region as we recognize the widespread impact on the energy and well-being of our community.
Louisville Mayor Greg Fischer applauded Louisville Forward and GLI for their paintings to create jobs in the region.
“Congratulations to Louisville Forward and GLI on this incredible popularity of their work!When I was first elected mayor, my purpose was to leave the city better than I found it. In my final year as mayor, I can say with a little luck that the other people of Louisville have fairer access to jobs and opportunities and that our town is experiencing economic supergrowth,” said Mayor Fischer. “My hope for the long term of our people is to see the methods implemented during my tenure to attract high-quality jobs and expand our technological ability continue to create even more opportunities for the citizens of Louisville in each and every corridor of the city. “
Lee Crume, president and CEO of Northern Kentucky Tri-ED, is proud of the organization’s efforts to create a thriving economy in the region.
“We appreciate the popularity of our economic progression paintings on behalf of the networked paintings in Northern Kentucky and the Cincinnati domain in partnership with REDI Cincinnati,” Crume said. “Kentucky is on the right track and we are proud to play a role in driving the state’s economy. Congratulations to our colleagues in Louisville, Bowling Green and the Elizabethtown-Hardin County Industrial Foundation for their good fortune and popularity.
This month’s variety recognitions build on recent Commonwealth economic momentum, as the state recovers more potently from the effects of the pandemic.
In 2021, the Commonwealth broke all records of economic progress on the books. Announcements of new locations and expansion of the personal sector included a record overall planned investment of $11. 2 billion and commitments to create a record number of more than 18,000 full-time jobs over the next few years. Kentucky’s average incentive hourly wage for statewide projects in 2021 $24 before benefits, a 9. 4% increase from last year.
Site Selection magazine’s annual Governor’s Cup rating for 2021 placed Kentucky in the most sensible region of the South Central region and third nationally for eligible projects consistent with the capita.
The momentum continued into 2022. January 28, S
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