Braidy Industries announced it will locate its $1.3 Billion Aluminum Rolling Mill and create 550 advanced manufacturing jobs in Ashland, Kentucky to produce sheet and plate for the automotive and aerospace industries. Why did Braidy Industries select Appalachia to build its new facility? Here are the top five reasons for their investment in eastern Kentucky.
The state of Kentucky is home to a booming aerospace manufacturing cluster. Kentucky has seen a 63% increase in the private aerospace products and parts manufacturing industry since 2002. Aerospace exports outpace all other exports in Kentucky, which includes horses, bourbon, and cars.
Kentucky Power has awarded $200,000 in economic development grants to groups impacting five Eastern Kentucky communities.