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Boone County | Manufacturing growth continues

The “Florence Y’all” water tower, built in 1974 and visible from I-75, is a local landmark.

Named for famed and innovative frontiersman Daniel Boone in the late 1700s, Boone County is the northernmost county in Kentucky and is bordered by the Ohio River on its north and west sides. Residents and community leaders have an appreciation for history and open arms for history-making businesses.

Announced in November 2019, Post Glover Resistors Inc. will invest nearly $4.63 million in expanding its facility in Erlanger, Ky., creating up to 15 full-time jobs. The advanced manufacturing company was founded in 1892, when it was a distributor for the railroad industry. Today the company produces power industry resistors, including dynamic braking resistors and harmonic filter resistors for electrical noise dampening, and high- and low-resistance grounding products for equipment and personnel protection.

Cincinnati-based Meyer Tool Inc., a high-tech manufacturer that serves the aerospace and gas turbine engine industries, will invest $15.9 million to acquire and renovate an 83,000-s.f. property just outside Erlanger and create 100 jobs. Headquartered in Miami, FEAM Aero broke ground on a new hangar in fall 2018 at the Cincinnati/Northern Kentucky International Airport in Hebron, Ky. The 103,000-s.f. hangar is expected to be completed later in 2020 and create 100 jobs with its $19 million investment.

Churchill Downs of Louisville acquired Turfway Park in Florence, Ky., from Jack Ohio for $46 million in October 2019 and will spend another $100 million to raze the existing grandstand and build a new Turfway Park Racing & Gaming facility for both live Thoroughbred racing and wagering via historical racing machines. Construction is expected to start in the spring of 2020 and take a little over a year.

Boone County

Estimated 2020 population: 131,533

Households: 46,095

Median household income: $72,731

County seat: Burlington; Florence Mayor Diane E. Whalen, florence-ky.gov

Judge/Executive: Gary W. Moore, boonecountyky.org

Chamber of Commerce: Northern Kentucky Chamber of Commerce, nkychamber.com

Economic Development Authority: Northern Kentucky Tri-County Economic Development Corporation (Tri-ED), northernkentuckyusa.com