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Governor Announces New Business Investments

December 9, 2023 by Mable Cundiff


Governor Andy Beshear announced the investment of $160 million to strengthen new business throughout Kentucky.

There will be 740 full-time jobs created, according to a release.

The Kentucky Economic Development Finance Authority approved funding for the following businesses:

American Welding and Gas is investing nearly $9.7 million in Scott County, creating 10 new jobs.
Chaney’s Dairy Barn Inc. is investing over $2.6 million in Warren County.
Four Roses Distillery is investing nearly $60 million in Bullitt County.
Kanbol is investing over $10 million in Logan County, creating 40 new jobs.
Kentucky Oak Capital is investing over $6 million in Ohio County, creating 30 new jobs.
LB Manufacturing is investing over $3 million in Washington County, creating 20 new jobs.
Marksbury Farm Foods is investing $3.3 million in Garrard County, creating 30 new jobs.
Midea America Corp. is investing over $35.6 million in Jefferson County, creating 110 new jobs.
Optomi, an information technology firm, will locate in Monticello with a $3 million investment that will create 200 full-time jobs – the largest job-creation investment in Wayne County since 2010.
P.L. Marketing is investing over $1 million in Campbell County, creating 180 new jobs.
Webasto Roof Systems is investing over $25.6 million in Fayette County, creating 120 jobs.
Source: WAVE

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