Kentucky Cabinet for Economic Development


  An aluminum company planning a state-subsidized $1.3 billion facility in Greenup County has released the names of its shareholders. Braidy Industries had been keeping those identities a secret.

Kentucky Cabinet for Economic Development via Facebook

Gov. Matt Bevin's administration has created a new position in the Cabinet for Economic Development that comes with an annual salary of $250,000 to improve workforce development strategies.

via Kentucky's Governor web page

  Governor Matt Bevin named Terry Gill for Secretary of the Kentucky Cabinet for Economic Development Wednesday. Gill recently served as president of the marketing service OneTouchPoint and is a board member of the Louisville-based Investment Committee for Access Ventures.


Kentucky comes in first in new facility openings and third in overall successful business expansion according to national economic development magazine Site Selection.  

The publication released its 2015 Business Climate Ranking which sees the Commonwealth at 3rd – a five place leap from last year – just behind Georgia and North Carolina.  

Governor's Office

Governor Beshear is in the midst of an economic development trip, visiting three Asian countries.

He and his team are meeting with company and country officials in Taiwan, Singapore, and Japan. 

Kentucky Economy Set to Close Strong in 2014

Nov 24, 2014

As the year comes to a close, state economists say Kentucky’s economy is reaping significant gains due to a steep drop in unemployment and a boost in jobs.

WKMS/John Null

After the successful passage of his Industrial Hemp Bill this year, Kentucky Commissioner of Agriculture James Comer is staying tight-lipped about his plans for the next legislative session, but Comer says rural economic development efforts need to be refocused around agriculture.


The Kentucky Cabinet for Economic Development has awarded $100,000 in prize money to university students who developed plans for 18 new Kentucky companies.

The prizes awarded last weekend are intended to help identify and support Kentucky's next generation of innovators and entrepreneurs.  The largest cash awards went to students whose entries were more fully developed and more likely to succeed. Most of the money can only be claimed as reimbursements after the companies are legally formed.