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The Perfect Business Climate for Growth


In 2009, 16 new companies and 187 expansion projects were announced, resulting in 6,687 jobs and $976,929,466 in investment.

  • In Site Selection magazine for November 2007, Kentucky ranked eighth in their 2007 Top 10 State Business Climate Rankings.
  • Site Selection magazine, a leading international economic development publication, has ranked Kentucky 5th in the United States in its 2008 Annual Competitiveness Award, which is featured in the May 2009 issue.
  • The March 2008 issue of Forbes ranks the Lexington metro fifth in their annual survey of Best Places for Business and Careers.

Sixteen companies on the Fortune 25 largest U.S. corporations have facilities in Kentucky. Why?

One reason is the excellent business climate, due in part to our competitive rates and award winning service, Kentucky's low relative business costs and an abundant supply of affordable labor.

2008 Rank (in revenues)

Wal-Mart Stores Inc.
Chevron
General Electric Company
General Motors
Ford Motor Company
AT&T
Hewlett-Packard
Bank of America Corporation
Citigroup
Berkshire Hathaway
International Business Machines
J. P. Morgan Chase & Co.
Verizon Communications
Cardinal Health
Kroger Company
Marathon Oil

Sources:
Fortune Magazine, 2009 Fortune 500
Kentucky Business & Industry Database, Cabinet for Economic Development
Hoovers.com October 2009



Eight Fortune 1000 companies have their corporate headquarters in Kentucky:

  • Humana
  • Ashland
  • Yum! Brands
  • Omnicare
  • Lexmark
  • Kindred Healthcare
  • General Cable
  • Brown-Forman

Bridging a gap with the world


City Distance (mi)
Atlanta 394
Chicago 200
Cincinnati 96
Cleveland 351
Detroit 360
Indianapolis 112
Memphis 369
Nashville 176
Pittsburgh 400
St. Louis 264
regional distance map

Kentucky is served by two international airports, Louisville International Airport and Greater Cincinnati/Northern Kentucky International Airport, which are air cargo hubs for UPS and DHL, respectively.

Five major interstate highways provide access to all North American markets. More than 2,500 miles of railroad track are used by Norfolk Southern, CSX, Paducah & Louisville, and Illinois Central. With more than 1,100 miles of commercially navigable waterways and six public ports on the Mississippi River, Kentucky offers low-cost intermodal transportation.

The May 2007 edition of North American Business Cost Review, 13th edition, measures the cost of doing business within a state for unit labor cost, tax burden, and energy cost.

The index utilized to measure the overall cost of doing business within a state ranks Kentucky as the state with the 5th lowest cost overall with a state index of 92. The national average index is 100.0







Kentucky Overview
gray arrow rightEducation
gray arrow rightWorkforce
gray arrow rightQuality of Life
gray arrow rightHousing
gray arrow rightUtility Costs
gray arrow rightAdvantages
gray arrow rightMaps

gray arrow rightTop 10 Manufacturers/Supportive Service Firms in Kentucky By Combined Total Employment (PDF)

gray arrow rightKentucky Business Incentives Fact Sheet (PDF)

gray arrow rightKentucky list of new or expanded industries
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