LeanCor Supply Chain Group LLC plans to add 53 full-time jobs in Northern Kentucky while investing $4.4 million in moving its headquarters to a larger office building in Boone County.
The $24 million grant will support the fundamental science needed to advance next generation manufacturing technologies, flexible electronics and robotics.
Business First talked with the new Kentucky Chamber CEO Ashli Watts on her work to date and what’s ahead. Infrastructure improvements topped her list.
MHS, a leading supplier of material handling, automation, and software products, recently opened its newly expanded $20 million facility in Mt. Washington.
Demand for Kentucky made bourbon continues to grow, setting records every year. More than 2.1 million barrels of spirits were produced in the Bluegrass State in 2018. The last time Kentucky distillers filled that many barrels was 1967.
Toyota says it is adding 400 employees at a Kentucky plant with starting pay of more than $18 an hour. The Georgetown plant is the company’s largest and already employs more than 8,000.
Kentucky exports have seen 15% growth since 2015, up to nearly $32 billion in 2018. Those goods were sent to nearly 200 nations globally.
Kentucky freight shipments are currently among the nation’s highest and are expected to increase by nearly two-thirds in the coming years. However, without adequate infrastructure funding for needed transportation improvements, Kentucky’s continued economic growth could be at risk.
Handrail manufacturer Hollaender Manufacturing Co. plans to set up an operation in Somerset, Kentucky. The company will invest $667,000 and is expected to create up to 16 full-time jobs.
Meggitt PLC is investing nearly $83 million in a 95,000-square-foot expansion, creating 83 jobs. Upgrades will include new carbon furnaces at the facility, which currently employees 200 people.