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Project Bulletin

Project Bulletin, Mar. 31, 2025: Houston, Texas; Gumi, Gyeongsangbuk-do, South Korea; Chakan, Maharashtra, India

by Alexis Elmore

United Airlines plans for future growth at its largest hub at Houston's George Bush Intercontinental Airport.
Photo courtesy of United Airlines

United Airlines boosts presence in Texas; LG Innotek increases competitiveness in South Korea; Automaker expands capacity in India.

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AUTOMOTIVE INDUSTRY DRIVES KENTUCKY’S ECONOMY FORWARD

by Adam Bruns

Workers at the Toyota Motor Manufacturing Kentucky plant in Georgetown
Photo courtesy of TMMK

Brands like Ford, Lincoln, Toyota and GM propel Kentucky to No. 1 per capita in passenger vehicle production in the U.S.

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KY MAKES

From Hot Pockets to Corvettes, products made in Kentucky have become household names and customer favorites around the world.

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DISTRIBUTION & LOGISTICS

by Mark Arend

Kentucky is the nation’s leader in air cargo by weight and home to international hubs for DHL, UPS and Amazon.
Photo courtesy of the Office of the Governor

From the busiest riverport in the country to the No. 1 air cargo center, Kentucky is the undisputed national leader in moving goods.

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Kentucky Puts the MUSCLE IN MANUFACTURING

by Ron Starner

Kentucky’s manufacturing base includes companies like Commonwealth Rolled Products in Hancock County.
Photo by Charity Hedges courtesy of Kentucky Cabinet for Economic Development

How Kentucky furthered its place as a national manufacturing leader in multiple sectors in 2024.

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KENTUCKY BY THE NUMBERS

The math adds up to record-breaking results in Kentucky.

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Drafting a Blueprint For Progress

by Ron Starner

Founded in 1904, Logan Corp. has grown into a leader in its industry east of the Mississippi, creating custom-built dump truck bodies and high-quality hauling solutions for the mining, aggregate and construction industries. With over 120 employees in Salyersville, Logan is an example of Eastern Kentucky’s industrial diversification, transitioning from mining to manufacturing. They also give back to the community by supporting the local high school’s welding program.
Photo by Charity Hedges courtesy of Kentucky Cabinet for Economic Development

Partners statewide are helping to drive the future of economic development throughout the Bluegrass State.

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ECONOMIC OVERVIEW: Building on a Foundation Of Success

by Ron Starner

Gov. Andy Beshear shares good economic development news with the media recently at the State Capitol in Frankfort.
Photo courtesy of the Office of the Governor

Record numbers in projects, capital investment and job creation have placed Kentucky on a path of sustainable success.

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Boom Times for Bourbon: The taste of Kentucky is winning over the world

by Gary Daughters

Photo courtesy of KDA

The making of bourbon brings economic development and tourism together in a happy and lasting marriage in Kentucky.

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ATTRACTING TALENT & INVESTMENT: When a New Place Feels Like Home

by Adam Bruns

New Kentucky Home is the name of a new marketing initiative, but it’s built on an everyday way of life.
Photo of downtown Danville courtesy of Kentucky Tourism

A new branding campaign positions Kentucky to take advantage of its inherent assets, legacy industries and forward-thinking talent.

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GOVERNOR INTERVIEW

by Gary Daughters

Kentucky Gov. Andy Beshear frequently participates in project announcements, groundbreakings and ribbon-cuttings around the commonwealth. From day one, he has made economic development a top priority for his administration.
Photo courtesy of Kentucky Cabinet for Economic Development

Gov. Andy Beshear discusses how Kentucky engineered its best five-year run in state history.

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Online Insider

‘More Competition Breeds Better Planes’

by Adam Bruns

The unique blended-wing-body design by Natilus reduces fuel consumption by 30% and reduces noise by 40% while increasing payload capability by 40%.
Image courtesy of Natilus

Now publicly scouring the nation and the globe for potential sites, San Diego–based Natilus, maker of an innovative blended-wing-body (BWB) aircraft, announced this week it aims to build a 300-job, 250,000-sq.-ft. complex near an airport to make its KONA cargo freighter.

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Area Spotlights

ILLINOIS: Stellantis is Here to Stay

by Lindsay Lopp

From 1965 to 2023 the Belvidere Assembly Plant produced various vehicle models for Dodge, Chrysler and Jeep, including the 2022 Jeep Cherokee Trailhawk.
Photo courtesy of Stellantis

Stellantis will reopen its Belvidere plant. The state continues to attract investments in the EV and clean energy sectors.

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International Update

EASTERN EUROPE

by Adam Bruns

Map by miniature: Getty Images

A look at how low-tax jurisdictions perform in corporate project attraction.

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Area Spotlights

South Carolina: Airports’ Economic Impact Is Quantified

by Mark Arend

Lockheed Martin announced in early February the delivery of the first F-16 Block 70 fighter jet to Bulgaria, which has ordered 16 of the aircraft. F-16s are manufactured at the South Carolina Technology & Aviation Center in Greenville.
Image courtesy of Lockheed Martin

A new report quantifies the economic impact of the state’s six commercial service airports.

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International Update

CENTRAL AMERICA: Semiconductor Supply Chain Progress Doesn’t Pause

by Adam Bruns

The region that welcomed the new U.S. Secretary of State on his first trip abroad is making headway in the semiconductor supply chain, among other areas.

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Area Spotlights

Minnesota: The Fuel of the Future

by Lindsay Lopp

Cargill and the Forever Green Initiative at the University of Minnesota are partnering to study winter camelina and domesticated pennycress as feedstock for sustainable aviation fuel in addition to their role as oilseed soil cover crops.
Image courtesy of Business Wire and Cargill

Major projects show why SAF is the fuel of the future for the aviation sector.

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Departments

IAMC Insider: LETTER FROM THE CHAIR

A letter from the Chair and an interview with water expert James Eklund.

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Area Spotlights

Indiana: Nature Powers Beneficial Science

by Alexis Elmore

Primient’s location in Indiana is supported by high yields of corn grown throughout the state.
Photo: Getty Images

Primient and Sustainea Biologics partner on a novel approach to sustainability in the corn wet milling and plastics sectors. Superior Ag lands a new facility on the banks of the Ohio River in Spencer County.

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Features

Cybersecurity Investments Reaching ‘Unprecedented Levels’

by Adam Bruns

Illustration: Getty Images

As cybersecurity investments reach “unprecedented Levels,” the U.S. is the far-and-away leader, but one executive from India explains why his country is on the rise.

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Area Spotlights

PACIFIC NORTHWEST: POWER PLAY

by Gary Daughters

The Wanapum Dam on the Columbia River
Photo by seagagen: Getty Images

Hydroelectricity helps deliver the EV revolution to central Washington.

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Area Spotlights

New Mexico: Land of Enchantment… & Sustainability

by Alexis Elmore

Photo courtesy of Visit Albuquerque/ MarbleStreetStudio

Three solar companies fortify Albuquerque’s sustainability profile with projects. A helium production plant rises outside Roswell.

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Features

2024 TOP INDUSTRIES: The Machinery of Business Evolves

by Adam Bruns

Machinery & Equipment reigns supreme once again, while Business & Financial Services is the biggest upward mover.

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International Update

WORLD REPORTS: March 2025

by Alexis Elmore

Toyota’s human-centered city looks to empower future mobility transformation.
Photo courtesy of Toyota Motor Corporation

Pfizer has announced that it invested $743 million to expand its four-year-old Active Pharmaceutical Ingredient (API) plant at Singapore’s Tuas Biomedical Park. At 429,000 sq. ft., the upgraded facility will begin production of small molecule APIs used in the pharmaceutical manufacturer’s oncology, pain and antibiotic medicines.

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