~ $2 billion project is second largest economic development investment in Kentucky history; Creating 2,000 new full-time jobs ~ Gov. Andy Beshear joined local officials and executives from AESC to help place the last piece of structural steel at its…
80 Acres Farms Opens $95M Vertical Farming Operation in Kentucky
Gov. Andy Beshear highlighted further momentum within Kentucky’s agritech sector as he congratulated 80 Acres Farms on the grand opening of the company’s new vertical farming facility in Boone County, which will create 125 well-paying jobs with an investment of…
Hybar Begins Construction on Steel Rebar Mill in Northeast Arkansas
A newly formed company, Hybar LLC, announced that it has started construction on its technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill project. The mill is being built on a 1,300-acre site in northeast Arkansas, furthering Arkansas’ leadership…
Stack AV Launches Autonomous Trucking Business to Revolutionize the Transportation of Goods
~ Stack AV is developing AI-powered technology to maximize trucks’ uptime, optimize existing infrastructure, improve roadway safety, and minimize emissions ~ Stack AV announced the launch of its autonomous trucking business, which leverages its self-driving technology to improve efficiency and…
Abated Companies will Invest $274 Million and Generate $115 Million in Tax Revenue
~ Seven Companies Expected to Create 738 Jobs in Five Years with a Weighted Hourly Wage of $42.36 ~ The Nevada Governor’s Office of Economic Development (GOED) approved seven companies that will receive $30,701,667 in tax abatements. In return, these…
Advanced Materials Manufacturer to Expand in Virginia
Hermes Abrasives USA, the U.S. subsidiary of Germany-based Hermes Abrasives and a global leader in supplying industrial abrasive materials to support production finish, will invest $5.6 million to expand in the City of Virginia Beach, integrating new production lines to increase capabilities. The company will return its narrow…