Economic development investment in Kentucky tripled in 2010-11 over the preceding year to nearly $2.6 billion. Vehicle manufacturing investment lead the way with a $400 million commitment by Ford and $130 million by General Motors plus many supplier operations. Harrodsburg/Mercer County notably scored two major projects totaling a combined $406 million.
Facility
Investment Jobs
County/City Total
Initial
Jobs
Ford Motor Co.
$400,000,000
Jefferson/Louisville
1,800
1,800
Vehicle assembly: Ford Escort, other
Wausau Paper
$220,000,000
Mercer/Harrodsburg
41
76
Paper towels, tissue, sanitary paper products
Corning Display Technologies
$186,570,000
Mercer/Harrodsburg
80
80
AMLCD Glass Substrate
UFLEX Ltd.
$180,000,000
Hardin
125
250
Flexible packaging manufacturer
General Motors Corp.
$131,121,000
Warren/Bowling Green
250
250
Automobile assembly: Chevrolet Corvette
ZF Steering Systems LLC
$95,800,000
Boone/Florence
374
374
Steering gears for car and light truck market
Tractor Supply Co.
$53,141,000
Simpson
156
216
Distribution facility
Rare Breed Distilling LLC
$50,316,000
Anderson/Lawrenceburg
Distilled spirits
Rio Tinto Alcan
$50,000,000
Henderson/Robards
0
0
Aluminum extrusion billets & ingots
Hitachi Automotive Products USA
$48,000,000
Mercer/Harrodsburg
44
44
Automobile electric & electronic components, warehouse and distribution center
Fruit of the Loom
$47,000,000
Warren/Bowling Green
600
600
Headquarters & distribution center
SCA Personal Care
$44,178,000
Warren/Bowling Green
65
65
Adult incontinence care products
Armstrong Mines and Processing Facility
$35,000,000
Ohio/Centertown
250
250
Underground and surface coal mining, preparation plants
Faurecia Interior Systems Inc.
$33,630,687
Jefferson/Louisville
425
425
Manufactures interior systems and front end modules for global automotive makers
Sister Schubert’s Homemade Rolls Inc.
$33,250,000
Hart/Horse Cave
Manufacture, package and distribute frozen yeast rolls
Ferus Corp.
$30,800,000
Letcher/Jenkins
34
34
Warehousing storage facility for liquid nitrogen
North American Stainless
$30,000,000
Carroll/Ghent
10
10
Stainless steel coils, sheets, and long products (bar, wire, rod)
Gerdau Ameristeel CCK Mill
$26,304,000
Marshall/Calvert City
Structural steel mill
Lockheed Martin
$26,000,000
Fayette/Lexington
224
224
Contractor logistics support – DOD contract
Sun Products Corp.
$23,970,000
Warren/Bowling Green
48
73
Manufacture detergent, distribution center
NHK of America Suspension Components Inc.
$20,067,000
Warren/Bowling Green
52
108
Coil suspension springs and trunk lid torsion bars
Asahi Bluegrass Forge Corp.
$20,320,000
Madison/Richmond
50
50
Automotive press forging, gears, bearings, joints
R.T. Vanderbilt
$20,000,000
Calloway/Murray
16
16
Industrial chemical additives & petroleum product accelerators
Tempur-Pedic International Inc.
$18,000,000
Fayette/Lexington
45
65
Headquarters, sales/marketing, warehouse, telecommunications
Douglas Autotech Corp.
$17,364,700
Christian/Hopkinsville
28
65
Automotive directional controls: steering columns & shifters
NACCO Materials Handling Group
$16,948,000
Madison/Berea
187
187
Lift trucks
The C. W. Zumbiel Co.
$16,000,000
Boone/Hebron
175
175
Paperboard packaging and distribution
Magna Seating of America Inc.
$15,474,000
Bullitt/Shepherdsville
234
360
Manufacture and supply seating and seating components
Pratt Inc.
$15,469,400
Boone
66
79
Corrugated “point of purchase” displays
Ace Manufacturing Co.
$15,465,345
Boone/Hebron
68
68
Manufacture open coil innerspring mattress products
Sekisui Specialty Chemicals America LLC
$14,610,000
Marshall/Calvert City
0
0
Polyvinyl alcohol, acetic acid
U.S. Bank Home Mortgage
$14,132,600
Daviess/Owensboro
97
500
Loan processing, underwriting center, loan servicing center
Jif Plant
$14,000,000
Fayette/Lexington
22
22
Peanut butter
Alltech Inc.
$14,000,000
Clark/Winchester
10
20
Algae factory
Martinrea Hopkinsville LLC
$13,689,000
Christian/Hopkinsville
Automotive assemblies & painting of chassis components & suspension systems
DHL
$13,500,000
Boone/Erlanger
0
0
Airfreight delivery service, out-of-state hub distribution facility
UPS Supply Chain Solutions
$13,100,584
Jefferson/Louisville
Warehouse, distribution, third-party logistics for healthcare
Gilt Groupe
$13,000,000
Bullitt/Shepherdsville
200
200
E-tailer and fulfillment center
2010-11 Grand Totals
290 projects
$2,586,872,653
12,776 jobs
2009-10 Grand Totals
222 projects
$824,863,652
6,964 jobs
Source: Kentucky Cabinet for Economic Development, Division of Research
Add Comment