Gov. Andy Beshear’s recent economic development trip to Germany and Switzerland is expected to bring more business investments to Kentucky, the governor announced on Thursday. The Kentucky delegation met with leaders of companies already established in the state and forged ties with other businesses looking to invest in the U.S., resulting in an “overwhelmingly positive” response, Beshear said at his weekly news conference.
Beshear, a Democrat who won reelection in a Republican-leaning state, highlighted the state’s record pace of economic development growth during his tenure. Since taking office, over 1,000 private sector projects totaling $30.6 billion have been announced, creating more than 52,700 jobs.
During his overseas trip, Beshear and his team pitched to leaders of over 100 companies that employ over 15,000 Kentuckians across 80 facilities in the state. Germany, one of the largest European investors in Kentucky, has more than 90 companies operating in the state.
Beshear expressed gratitude to the German and Swiss companies that employ Kentuckians, emphasizing the importance of American manufacturing for national security. Despite facing crises like the global pandemic, tornadoes, and flooding during his first term, Beshear is now focusing on strengthening economic ties abroad to boost Kentucky’s economy.
The governor’s successful trip to Germany and Switzerland has set the stage for future economic development missions to Japan and South Korea. With a strong emphasis on job creation and business investments, Beshear is determined to continue driving economic growth in the Bluegrass State.
