FRANKFURT, Kentucky (March 3, 2022) – Governor Andy Beshear updated Kentuckians on the Commonwealth’s strong economic ranking in Site Selection’s annual Governor’s Cup, as well as new jobs and expansion plans throughout the Commonwealth. The Governor also shared news about the Commonwealth Tornado Shelter Program, the Team Western Kentucky Tornado Relief Fund and a tribute to Ukraine.
“Kentucky’s continued economic success is nationally recognized and our momentum shows no signs of abating as we announce more expansion projects for existing businesses and new businesses across the Commonwealth,” said Governor Andy Beshear. “We once again took third place nationwide for economic development projects per capita, showing that we continue to punch above our weight.”
Governor’s Cup 2021
The 2021 Governor’s Cup standings have been announced, with Kentucky again at the top of the South Central region for economic development projects per capita, the latest evidence of the Commonwealth’s continued economic momentum. Site Selection magazine’s annual Governor’s Cup rankings for 2021 also helped Kentucky maintain its national ranking in the Top 3 eligible projects per capita for the eighth consecutive year. For more information, read the full press release.
Pegasus Industries expands in Shelbyville
Yesterday, Governor Beshear highlighted the continued growth of Kentucky’s distribution and logistics industry with the announcement of Pegasus Industries’ expansion of the company’s headquarters in Shelbyville. The expansion of the Pegasus distribution installation market will create 26 full-time jobs with an investment of $738,000. The expansion will allow the company to provide personalized service to the Kentucky bourbon and spirits industry. For more information, read the full press release.
Total Quality Logistics Creates Jobs at Three Existing Kentucky Offices
Kentucky businesses continue to reinvest and create jobs across the state, Governor Beshear said, announcing that Total Quality Logistics, one of North America’s largest freight brokerage and third-party logistics companies , will strengthen its presence in the Commonwealth with three-office expansions in Lexington, Louisville and unincorporated Boone County, resulting in up to 525 new full-time jobs in Kentucky. For more information, read the full press release.
Tornado Survivor Shelter Update
Governor Beshear said Tuesday that Kentucky Emergency Management has taken over management of emergency shelters at hotels from the American Red Cross.
As of March, the Commonwealth is home to 2,605 people from 246 households in caravans, hotels and state parks. And, as the number of hosted guests continues to decline, the Commonwealth has begun the process of consolidating the number of parks offering temporary accommodation. Consolidation allows sheltered people whose homes have been destroyed or severely damaged to move to medium-term accommodation, which are self-contained family units that have more space and amenities like a kitchen. Medium-term housing includes travel trailers and cabins closer to their communities and schools. Guests whose residences have been deemed habitable by FEMA and local emergency management due to no damage or minor damage are in the process of returning to their homes.
Governor Beshear also reminded Kentuckians to “be aware, be prepared and have a plan” during Kentucky Severe Weather Awareness Week.
$5.7 million for Western Kentucky tornado victims
The governor said this week that he announced $5.7 million in Team Western Kentucky Tornado Relief Fund relief payments for tenants and homeowners who were recently impacted by the devastating weather event. During this week and next week, checks will be mailed to nearly 5,000 Kentuckians whose homes and apartments were damaged by the recent tornadoes. These reimbursement payments will help Kentuckians who have made a tornado-related insurance claim cover up to $2,500 in deductible payments.
The Team Western Kentucky Tornado Relief Fund has already provided $800,000 to families to help with funeral costs. Another $2 million in aid has been sent to uninsured homeowners and renters who were displaced or affected by the December storm. To donate to the fund, visit TeamWKYReliefFund.ky.gov.
Capitol and Governor’s Mansion lit in honor of Ukraine
Today Governor Beshear said he lit the Capitol and the Governor’s Mansion in blue and yellow to honor the strength and bravery of the people of Ukraine. He invited all Kentuckians to join him and First Lady Britainy Beshear in lifting Ukraine up in prayer.
“Stopping a dictator’s aggression has always required sacrifice. The sacrifice demanded of the American people at this time is an economic sacrifice,” Governor Beshear said. “We have seen throughout history that if you don’t stand up to people like this – if you don’t do what it takes to stop them immediately – they will continue, and we cannot allow that.”