Gov. Andy Beshear highlighted Kentucky’s continued economic strength as he announced that 2025 was the Commonwealth’s second-best year on record for new investments within the private sector, with $10.5 billion in projects announced, which means the top three years for growth – and four of the top five – have occurred during his administration.
The strong year of new investments resulted from 185 new-location and expansion announcements that are projected to create nearly 9,600 full-time jobs. Wages are rising across the state as well, with the average incentivized hourly wage hitting $29.58 in 2025, the highest on record. Since 2022, the average incentivized hourly wage has now topped $26 in four consecutive years for the first time.
Stord in Hebron announced major expansion just this week. (Photo provided)
“Our state’s continued success is a testament to Team…
