Thank you for the Association of Global Automakers’ efforts to increase auto-related investment in Kentucky. That work, and how you’re communicating your members’ impact via the Here for America campaign, is reflected in Kentucky’s recent economic progress.
Investment by internationally owned automotive companies in Kentucky hit $1.8 billion, nearly 44 percent of the $4.1 billion total automotive-related investment this year through Sept. 30. Those numbers, along with the 100,000-plus Kentuckians employed by all of our auto-related manufacturing service and technology facilities, demonstrate the importance of this industry to the Commonwealth.
Simultaneously, those figures show significant progress toward our mission of establishing Kentucky as the hub of engineering and advanced manufacturing excellence in the U.S. Our ongoing workforce-training revolution, the measures we have taken to improve the business climate, and the steadfast support we have received from the state’s auto companies are moving us toward that goal.
In fact, Global Automakers members Toyota, Bosch and Denso contribute greatly to that effort. Those companies alone operate seven facilities in the state, collectively employing about 10,500 people. All three companies sponsor apprentices in our KY FAME workforce-training program.
As the nation’s third-leading producer of passenger vehicles and first in production per capita, it’s no surprise Kentucky’s vehicles and automotive parts are in demand globally. Those products continue to rank among Kentucky’s largest export categories by dollar value.
Again, I appreciate all you do on behalf of Kentucky and the automotive industry.
Matthew G. Bevin