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Beshear announces launch of KY auto industry association Organization to tackle industry challenges, opportunities; elevate state's position as a leader in the global auto industry. With more than 1.2 million vehicles produced in 2013, Kentucky ranks third overall in light vehicle production and first per capita. Kentucky's 460 motor vehicle-related establishments employ nearly 82,000 people. In the past five years, nearly 300 motor vehicle-related projects have been announced statewide, representing more than 17,600 new jobs and $4 billion in new investment. Kentucky's motor vehicle exports a record $5.5 billion last year. By Joe Hall News from Gov. Steve Beshear's Communications Office FRANKFORT, Ky. (April 7, 2014) -To make the Commonwealth an even more prominent automotive powerhouse, Governor Steve Beshear is bringing together Kentucky auto manufacturers, suppliers and supporting entities to create the Kentucky Automotive Industry Association. "The goal of the Kentucky Automotive Industry Association is to create a unified voice for an industry sector that is profoundly important to our state's economic health and growth," said Gov. Beshear. "The association will play a vital role in addressing the challenges, solutions and opportunities facing the industry. It will also allow us to highlight successes and elevate the state's contributions to the global automotive industry." For the first time, these groups can work in concert with each other, creating a forum to share best practices and encourage meaningful dialogue and action. The association will take a leading role in creating collaborative partnerships that will advance the auto industry now and in the future. A 12-member inaugural board of directors, consisting of industry and government leaders, will develop the association and set its strategic goals and activities. Larry Hayes, secretary of the Cabinet for Economic Development, has agreed to serve as the inaugural chairman. "Recognizing the widespread impact of the automotive industry in our state, we sought to create a platform that will further strengthen our position as a leader in the global marketplace," said Hayes. "The Kentucky Automotive Industry Association was formed hand-in-hand with Kentucky's auto manufacturers and suppliers. It's a partnership that I have no doubt will create an environment in which we'll see tangible results and continued growth for Kentucky's economy." Board members include:
This story was posted on 2014-04-08 05:28:39
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