Louisville, KY — Governor Andy Beshear capped off August with announcements of several job-creating projects across the state, with three planned projects spanning three regions combining for approximately 250 expected new jobs and $32.65 million in planned investment.
“Even with COVID-19 and significant short-term unemployment, we are seeing long-term investments in the commonwealth that are going to create jobs long after this pandemic is over,” said Gov. Beshear. “We have a chance to emerge stronger and to make sure when we eventually get through this pandemic, we don’t crawl, we don’t walk – we run.”
The three projects, all of which received preliminary approval for incentives at the Kentucky Economic Development Finance Authority’s (KEDFA) August meeting, are as follows:
- Clermont Distilling Co. plans to construct a new distillery in Bullitt County. Phase I of the project will comprise a $13.4 million investment creating 22 Kentucky-resident, full-time jobs, paying an average $56 per hour, including benefits. These jobs include management and operations positions. Company leaders expect to begin construction on the distillery in spring 2021 with the potential for significant future expansion.
- A $7 million investment by HVAC Distributing LLC in Graves County will increase the company’s presence in the region with a new warehousing location in the Hickory Industrial Park and the creation of 175 full-time jobs.
- Danieli Corp. plans to open a 61-job facility in Ashland in one of the buildings on the former AK Steel campus. Danieli, an Italian-owned company employing more than 10,000 people globally, will refurbish, remanufacture and repair steel mill equipment in Ashland. The new operation is scheduled to open in late 2021.
In total, seven companies received preliminary approval from KEDFA for incentives, with the potential for $54 million in future investment and 448 new jobs.
Since Gov. Beshear took office last December, the state has seen over 140 new or expansion announcements totaling over $1.6 billion in future investment with the prospect of nearly 6,000 new full-time jobs.
View the original press release here…
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