An economic development magazine has ranked Kentucky 10th in the nation for new and expanded industry in 2012.
Site Selection magazine reports that Kentucky added 14,000 jobs and invested $2.7 billion in new industry activity last year. The state also generated 196 projects that involved at least a $1 million investment, created at least 50 jobs or added at least 20,000 square feet of new floor space. The top state was Texas, with 761 projects that met those terms.
Kentucky Gov. Steve Beshear joins local officials this Friday in Murray for an industry announcement. Murray-Calloway Economic Development Council President Mark Manning says the event is at the former Webasto plant at 9:30 a.m.
A company buyout in Hopkins County retains 60 metal manufacturing jobs, and opens the possibility of expansion. The Madisonville-Hopkins County Economic Development Corporation and company officials announced Tuesday the formation of Integrated Metal Solutions.