Home ¬Ľ October is Manufacturing Month in Kentucky

October is Manufacturing Month in Kentucky

Manufacturing industry accounts for 220,000 jobs in state

FRANKFORT, Ky. (Sept. 30, 2014) ‚ÄĒ Gov. Steve Beshear has proclaimed October as Manufacturing Month.

kentucky_seal_resizedKentucky is home to more than 4,000 manufacturers that account for 220,000 jobs and represent $27 billion in gross domestic produce (GDP).

Last year more than 200 manufacturers announced new locations or expansions in the state. Those projects are expected to create nearly 7,500 jobs and $2.2 billion in new investment. In the past five years Kentucky’s manufacturing GDP has grown by more than a third.

Manufacturing also makes up a significant portion of Kentucky’s growing exports.

Last year, the commonwealth exported a state record $25.3 billion to approximately 200 countries. Exports this year are up nearly 10 percent, far exceeding the national average of 3 percent. Kentucky’s top exports are aerospace products, motor vehicles and parts, and resin, rubber and fiber materials.