Gov. Steve Beshear joined company and local officials today to announce A. Kayser Automotive Systems USA plans to establish a manufacturing facility in Fulton, creating 121 jobs and investing more than $17.5 million in the project. The company is a subsidiary of Germany-based A. Kayser Automotive Systems GmbH.
The operation will be Kayser’s first plant in the United States. The company’s decision to locate in Kentucky follows Gov. Beshear’s visit with Kayser officials during an economic development trip to Germany in January.
The latest Kentucky job numbers show Fulton County still has highest unemployment rate in the Commonwealth at just over 16.5 percent. Still, the state Office of Employment and Training reports most counties improved in September, with jobless rates increasing in only 12. Woodford County had the lowest at 5.3 percent. Union County posted the lowest numbers in western Kentucky at almost 6 percent. Calloway was next, just under half a point higher.