Category Archives: Other State News

Kentucky places 3rd in Site Selection rankings.

FRANKFORT, Ky. – A succession of expanding businesses, new facility openings and thousands of new jobs helped Kentucky place third nationally in the 2015 Business Climate Ranking by Site Selection magazine. Kentucky leapt from eighth place last year – ...

Swedish Match invests in Owensboro R&D center.

OWENSBORO, Ky. — Swedish Match will invest more than $3 million in its Owensboro facility to expand its research and development department. With its 10,000-square-foot expansion, Stockholm-based Swedish Match, a manufacturer of tobacco products, will ...

Kentucky jobless rate hits 14-year low at 5 percent.

FRANKFORT, Ky. — Kentucky’s jobless rate fell to 5 percent in September, its lowest point in 14 years. That was down from a seasonably adjusted unemployment rate of 5.2 percent in August. The state jobless rate in September 2015 was 0.8 percent below ...

Kentucky receives SBA grant to boost exports.

FRANKFORT, Ky. – Kentucky businesses can expect more state assistance to help them market their products worldwide thanks to a grant from the Small Business Administration (SBA). The state will receive a $400,000 State Trade Export Promotion (STEP) gran ...

Kentucky jobless rate continues to fall.

FRANKFORT, Ky. — Kentucky’s jobless rate in June dipped to a seasonally adjusted 5.1 percent from a revised 5.2 percent in May 2015, and remained below the national rate, according to the Office of Employment and Training (OET), an agency of the Kentu ...

Student test business ideas in school for entrepreneurs.

GEORGETOWN, Ky.– Someday consumers may be able to purchase a Walk Easy, Slice Slide or Cord Keeper at a local store thanks to Kentucky high school students taking part in the Governor’s School for Entrepreneurs (GSE) showcased recently at the Lexingto ...

Kentucky wins Area Development’s Silver Shovel award.

FRANKFORT, Ky. – Area Development magazine, a leading economic development trade publication, has recognized Kentucky with a Silver Shovel Award, recognizing the commonwealth as one of the most successful states in creating jobs and securing investments ...

Kentucky jobless rate hits 14-year low.

FRANKFORT, Ky. – Kentucky’s  jobless rate fell to 5 percent in April, down from a revised 5.1 percent in March and the lowest it has been in 14 years. April marks the ninth consecutive month Kentucky’s unemployment rate has been lower than ...

Kentucky exports fly high as aerospace leads.

FRANKFORT, Ky. – While exports are down 5 percent from this time last year nationally, Kentucky’s exports continue to climb. Through the first quarter of 2015, Kentucky’s exports were 11 percent higher than a year ago, ranking the state third in the ...

Kentucky ranks in Site Selection’s Top 10.

LOUISVILLE, Ky. — Kentucky is one of the “Top 10 Competitive States for 2015,” according to Site Selection magazine’s annual ranking. Tennessee ranks fifth on the list. The top state on the list is North Carolina. The rest of the top 10 includes ( ...

Kentucky wins top honors for business growth.

FRANKFORT, Ky. – Kentucky placed first in Site Selection magazine’s annual rankings for new and expanded industry activity per capita in 2014. Last year, Kentucky announced more than 350 new location and expansion projects, which are projected to crea ...

Kentucky exporters set a new record.

FRANKFORT, Ky.  –  Kentucky-made products were sold around the world at a record pace last year. According to a recent news release from the Kentucky Cabinet for Economic Development, the Commonwealth exported a state-record $27.5 billion in 2014. I ...