Terry Gill said the project holds the promise of transforming the region. - Read: 365DisInFx Technology By GE Current at FacilityExecutive.com. The former CEO of Braidy Industries, an aluminum mill planned for northeastern Kentucky, filed suit last week against the company, its board members and a … “In bringing us to today’s announcement, major efforts by local, regional and state partners, including the Legislature’s actions to improve Kentucky’s business climate, proved key. Kentucky Power is partnering with Braidy in the provision of low cost energy.
The company’s presence will set off an economic cascade, said Matthew J. Satterwhite, president and COO of AEP Kentucky Power. “If they reach their goals, you’re going to see that $15 million investment. He also credited GOP House and Senate leadership for the swift passage of the legislation, and said it will continue to cause a “ripple effect” throughout eastern Kentucky and the whole state. The Ashland Area, once a mecca for steel and oil jobs in Kentucky, has been pummeled by the departure of staple industrial companies, like Ashland Oil, Inc., that employed thousands of blue-collar workers.
Sign up now to get our FREE breaking news coverage delivered right to your inbox. Some of the laid-off steelworkers have fled the Tri-State region in search of a new lifeblood, but a majority still cling to hope and remain with their families.
Over $1.3 billion will be spent on the mill located in Greenup County Kentucky, close to the city of Ashland. Braidy Industries investing $1.3 billion in aluminum mill in Greenup County, Governor says E. Ky. economic development project would ‘have ripple effect’, MARK MAYNARD: Momentum and hope for region, imagine that, Ky. Power played ‘large role’ in Braidy decision, Who is Craig Bouchard? Dr. Michael E. Porter, professor at Harvard Business School and a global expert on competitiveness and economic development, serves as a Braidy Industries board member.
The facility will produce sheet and plate for the automotive and aerospace industries. The Governor and Mr. Bouchard announced that Braidy, in partnership with the State of Kentucky and the Ashland Alliance, will construct the nation’s first Greenfield aluminum rolling mill in over three decades. Campbell Soup Company's investment in its Willard, OH manufacturing facility expanded Goldfish production and added 40 new jobs. In bringing us to today’s announcement, major efforts by local, regional and state partners, including the Legislature’s actions to improve Kentucky’s business climate, proved key. “Eastern Kentucky has significant competitive advantages, including its proximity to the leading automotive and aerospace customers, low energy costs and a skilled and available workforce for heavy manufacturing,” Porter said. In fiscal year 2016, the Kentucky Skills Network provided training for nearly 95,000 Kentuckians and 5,000 companies from a variety of industry sectors. Will they be ready? First it was going to be in South Shore, then it was moved to EastPark. Bouchard said his company’s interest in locating the massive plant in Kentucky piqued after the state passed its controversial right-to-work legislation. KEVIN GOLDY | THE DAILY INDEPENDENT, Laura Ford Hall sings My Old Kentucky Home to open the Braidy Industries announcement ceremony.
RD Weis discusses the four most common mistakes made when creating a disinfection plan and how you can avoid them. About Braidy Industries, Inc. Braidy Industries, Inc. was formed to lead a national transformation in the manufacture and use of efficient, eco-friendly metal alloys that … Braidy can also receive resources from the Kentucky Skills Network, which allows companies to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. The best time in the past 50 years to invest in American infrastructure and advanced manufacturing is right now.”, Mr. Bouchard added, “We believe that a large scale greenfield investment in aluminum and other materials will create a substantial competitive advantage.