Recap: Right to Work Kentucky, an Economic Powerhouse

Right to Work Kentucky Economic Update

Kentucky maintains a thriving economy as a result of its Right to Work policies. The most recent Right to Work Kentucky investments are coming from Ancra Cargo and North American Stainless, as well as LioChem e-Materials. Each business will be creating new jobs for the state. So this is great economic news! Read on in order to learn more.

Ancra Cargo:

Ancra Cargo just renovated its Right to Work Hebron, Kentucky headquarters after an $8 million investment. They will also create 50 new jobs!

“As the industry leading cargo securement company, Ancra Cargo is excited to continue our partnership with the State of Kentucky and the Northern Kentucky Tri-ED. […] I am especially proud of the Ancra Cargo team that created our growth through innovation, quality products and excellent customer service.†[…]

“The momentum in Kentucky’s manufacturing sector is continuing to grow with Ancra Cargo’s new headquarters. […] Ancra Cargo is doing great work in the industry and is providing quality jobs for Kentuckians. I want to congratulate the company’s leadership on their new headquarters and thank them for continuing to grow Ancra Cargo’s presence in the commonwealth and the Hebron community.â€

“We are thrilled the company will retain current local jobs and create new high-quality jobs to serve Northern Kentucky families.â€

AREA DEVELOPMENT MAGAZINE

North American Stainless (NAS):

North American Stainless (NAS) is investing $244 million in order to add a new location and create 70 new jobs in Right to Work Ghent, Kentucky.

“We are proud to lead America’s stainless steel economy, support our national security with our production and create great jobs for our region.†[…]

“NAS is a leading stainless steel producer in the United States, and all the company’s production lines are located at the company’s headquarters in Carroll County. I want to thank its leaders for continuing to put their faith in Kentucky’s workforce and investing in the commonwealth. NAS is growing at an incredible rate, with this being the company’s 13th expansion since it was founded in 1990. I look forward to seeing NAS continue to grow and create more opportunities for Kentuckians.†[…]

“We are proud to work with the state to support this Kentucky-grown business. […] As a leading business in Carroll County, NAS has built an incredible operation and encourages new opportunity and a better quality of life for local families every day.â€

AREA DEVELOPMENT MAGAZINE

LioChem e-Materials:

LioChem e-Materials is investing $104.4 million in order to establish a new facility in Right to Work Simpson County, Kentucky, and create 141 new jobs there.

“Since 2021, the Toyo Ink Group has been supplying battery materials created at our manufacturing facility, LioChem, in the state of Georgia. […] North American demand for this essential material continues to grow rapidly. To meet projected future demand, we decided to establish LioChem e-Materials as our second battery material production based in the United States. This new site is expected to further bolster our regional and global supply chain.†[…]

“I want to thank the leaders at LioChem for believing in Kentucky and our incredible workforce. I look forward to watching the company’s success and its contribution to making Kentucky a national leader in EVs.†[…]

“LioChem marks the 12th international company to locate in Franklin. […] This company will be a welcomed addition to our Henderson Industrial Park. They are providing great job opportunities for our community.â€

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Kentucky, click here.


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