Thanks, in part, to bourbon and the Derby, Louisville ranks No. 2 for metro areas with the largest share of profitable businesses nationwide.
One thing is certain: businesses of all types are growing in Kentucky. From agriculture to technology and healthcare, the Commonwealth is quickly becoming a hub for industry.
CompMed’s investment will include new space to accommodate additional staff — this expansion comes in response to demand from new and existing customers.
Japan is the largest international investor in Kentucky, with Japanese-owned companies operating more than 190 facilities and employing 46,000 people.
An annual report measuring the health and well-being of Kentucky children shows progress in 9 categories, including the children without health insurance, children living in poverty and children whose parents lack secure employment.
Louisville-based PharmaCord will invest more than $52 million to launch its Indiana operations at the River Ridge Commerce Center.
The new distillery will be built on land that originally home to distillery operations of Dant’s sons. The new operation will include a distillery, bottling facility, rickhouses and visitor center with a gift shop and tasting room. Log Still plans to hire 20 full-time employees.
AppHarvest hopes to create 285 full-time jobs and grow tomatoes and cucumbers under the massive glass and steel greenhouse.
Startup manufacturer Pennington Stave and Cooperage Corp. plans to establish a mill in the Edmonton-Metcalfe County Industrial Park with a $34.4 million-plus investment expected to created up to 126 full-time jobs.