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Gov. Beshear celebrates Governor's Cup Award in Campbellsville Region also named among Site Selection magazine's top communities for economic successes Click on headline/or Larry Smith, The Big Dawg photo at left, for story with photo(s) From Governor Steve Beshear's Communications Office CAMPBELLSVILLE, KY (June 10, 2015) - Governor Steve Beshear hoisted Kentucky's historic Governor's Cup trophy in Campbellsville today at Campbellsville University. Gov. Beshear joined community officials to celebrate Site Selection magazine naming Kentucky the top state for economic development projects per capita last year. The nationally acclaimed publication also ranked the Campbellsville area among the nation's top micropolitan areas in business creation. "It's an honor to receive the Governor's Cup, but it's the meaning behind the award that's so significant," said Gov. Beshear. "Think about where we were seven years ago when Kentucky's unemployment rate was 11 percent and business growth was at a near standstill. We've come so far. Our statewide unemployment rate is now 5 percent, and the Governor's Cup is further proof of the fruits of our labor. This success would not have been possible without this community's dedication to supporting businesses, creating jobs and making Kentucky a better place for all of us." Campbellsville/Taylor County has played a significant role in growing Kentucky's economy. Since January 2008, the region announced 17 new and expansion projects, which are projected to create 477 jobs and $22 million in new investment. Major projects include:
The Taylor County area is also seeing an increase in tourism. A report released last month showed that the economic impact of Kentucky's tourism industry topped $13 billion in 2014, with growth in every tourism region of the state. Taylor County's 2014 tourism economic impact was $55.1 million, a 1.2 percent increase from previous year. The county's 2014 tourism employment was the equivalent of 736 jobs. "It's great to see Kentucky selected for this award, and recognized for job and business growth in 2014," said Sen. Max Wise, of Campbellsville. "I'm proud of my Senate District & this region of Kentucky with its dynamic economic environment, and the many educational institutions that produce skilled and knowledgeable graduates. An educated workforce is an attractive workforce." "This award is not only a reflection of what Kentucky has to offer to new and existing industry, but is also a testament to the hard work of those in Frankfort and Taylor County in improving our economy," said Rep. John 'Bam' Carney, of Campbellsville. "We must congratulate Taylor County Judge-Executive Eddie Rogers and members of the fiscal court, our city council and Campbellsville Mayor Tony Young, Ron McMahan and members of Team Taylor County on their efforts that earned Campbellsville a top 10 ranking for Best Micropolitans by Site Selection Magazine." Also speaking at today's event were Taylor County Judge-Executive Eddie Rogers, Campbellsville Mayor Tony Young, and John Chowning, vice president for church and external relations for Campbellsville University. The Governor's Cup is just one of the Commonwealth's recent economic development successes.
This story was posted on 2015-06-10 12:16:00
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