How Much Are Businesses Investing in Right to Work Kentucky?
Three businesses that are investing soon in Right to Work Kentucky include Nucor, Metalco, and Farmstead Butcher Block. Nucor alone plans to invest $164 million toward an expansion in Ghent. Then Metalco is investing $53.5 million in Simpson County. Lastly, Farmstead Butcher Block is investing $1.2 million toward a new location in Central City. Altogether, these three businesses will create up to 155 new jobs!
Read on to learn more about each investment!
“With our recent investments to expand capacity at Nucor Steel Gallatin and add a galvanizing line, our Gallatin campus is an ideal location to build our new tube mill. […] The new tube mill will allow us to better serve our customers in the construction, infrastructure and renewable energy markets.” […]
“We have found Kentucky to be a great state to grow our business. We would like to thank Governor Beshear, officials with the Kentucky Cabinet for Economic Development, and local officials in Gallatin County for their support of this project and our other investments in the state.” […]
“I would like to welcome Matalco to Kentucky as the latest addition to our thriving aluminum sector and thank the company for its commitment to create 60 quality jobs for Kentuckians. […] Aluminum-related and other primary metals businesses are growing rapidly in our state and helping us build Kentucky’s economy back stronger than ever. Matalco will be a great fit in Kentucky as the company looks to expand its presence in the U.S. market. Congratulations to Matalco, Simpson County and the families in the surrounding area who will benefit from this great project.”
“I want to welcome Farmstead Butcher Block and thank them for the creation of 25 jobs in Muhlenberg County that will significantly benefit the local economy and families in Western Kentucky. […] As our state recovers and builds back our economy stronger than ever, Kentucky’s flourishing food and beverage sector continues to prove itself a key element, and Farmstead will be a great addition to this growing industry. Thank you to the Welch family for their commitment to Kentucky, and congratulations on this great new venture.”