Home » Gov. Bevin touts $5.8 billion economic investment in Kentucky so far in 2017

Gov. Bevin touts $5.8 billion economic investment in Kentucky so far in 2017

By Jacqueline Pitts, The Bottom Line

As many companies announce their decision to invest in Kentucky in recent months, Gov. Matt Bevin announced Friday that the state has seen $5.8 billion in economic investment in the first months of the year, breaking previous annual records.

Bevin credited the passage of business-friendly legislation by the General Assembly including right-to-work for much of the economic growth.

Speaking at the press conference, Senate President Robert Stivers also discussed the right-to-work law and the recent challenge of it by unions, stating that groups should not be challenging something that is clearly working and bringing jobs and growth to Kentucky. Stivers cited 2,000 jobs that have been announced in the months since Kentucky became a right-to-work state as a measure of that success.

As companies continue to bring jobs to the Commonwealth, Economic Development Secretary Terry Gill noted workforce development is crucial as many employers struggle to find workers with the right skills.

“For every one primary job, there are at least two secondary, spin-off jobs. So when one job is announced, you’re actually announcing three,” Kentucky Chamber President and CEO Dave Adkisson said in response to the announcement.

For more state government news go to the Kentucky Chamber of Commerce’s The Bottom Line blog.