Kentucky governor lives up to his promise
January 27, 2012 by Sarah
Southgate is just one of many Kentucky cities and towns to have benefited from the strong leadership of Governor Beshear.
Beshear stated during his campaign, and continues to reiterate, that he believes nothing on this earth is closer to our hearts and more important to our families than for Kentucky men and women to keep their jobs and for the government to help create new ones all over Kentucky.
It began in 2009 when Beshear examined the business incentive program in Kentucky and decided it needed a complete overhaul. His goal was to revise and improve incentives to attract new companies to do business in Kentucky, and to help existing companies expand. Print companies are one of the first to notice economic improvements in any given area, as local businesses experiencing recovery again turn to print services for business cards, direct mail pieces and catalog printing.
Since Beshear sharpened his pencil, approximately 200 new projects have injected about $2 billion into the state. That translates into 11,500 newly created employment opportunities and 5,000 jobs saved from the chopping block.
One of America’s most subscribed publications, USA Today, has rated Kentucky number four in the country for growth in personal income in the preceding 12 months – that, despite the devastating effects of America’s economic recession. In the fifth-annual edition of Forbes’ Best Places to do Business, Kentucky jumped 12 spots in 2010 over the previous year. Out of all states that saw improvement, Kentucky was third. In measuring the state’s business tax operations, its ranking improved the most, rising faster than any other state in the Union to 19th in the country.