How Much is Ascend Elements Investing in Right to Work Kentucky?
Ascend Elements is investing $310 million in order to add a new location in Right to Work Hopkinsville, Kentucky. This will serve as a battery plant. In addition, the company will create 250 new jobs. So this is exciting economic news!
From Area Development Magazine:
“I am incredibly proud of how we in Kentucky have taken the initiative to ensure our state will be a leader in the automotive industry of the future. […] The addition of Ascend Elements to Hopkinsville is a tremendous step toward solidifying that foundation even further. This is a company focused on growing in a sustainable way and one that will benefit so many other businesses in our state and throughout North America. I want to welcome Ascend Elements to Kentucky and thank its leaders for their commitment to our talented workforce.†[…]
“Every economic development project is unique and exciting, and this is certainly true for Ascend Elements. After months of discussion and assistance, we are thrilled that Ascend Elements and its leadership has selected Commerce Park II and are appreciative of the partners and support that has been provided to secure this commitment and investment. […] As a result, 250 families will have transformative opportunities in a world-class company and our region will reap the benefits for years to come. […] We pledge this same sense of partnership and teamwork to ensure Ascend Elements’ success for generations to come.†[…]
“TVA and Pennyrile RECC congratulate Ascend Elements on its decision to locate and create hundreds of new jobs in Christian County. Helping attract and retain jobs and investment to the region is fundamental to TVA’s mission of service. […] We are proud to partner with the Kentucky Cabinet for Economic Development and Southwestern Kentucky Economic Development Council to further that mission and celebrate this announcement together.â€
AREA DEVELOPMENT MAGAZINE
To read the previous Area Development update on Right to Work states, click here.
To read more updates on Right to Work states, click here.