News & Events
Economic Development
Since assuming office on Dec. 8, 2015, Kentucky Gov. Matt Bevin has pursued two goals with a single-minded purpose: overhauling the state’s business climate and turning Kentucky into an engineering and manufacturing hub of excellence.
On March 27 of this year, he secured a win that confirmed progress on both fronts. Nucor Corp., the largest steel producer in America, announced that it would invest $1.35 billion to construct a new steel mill in Brandenburg in Meade County and create 400 jobs over 15 years.
The 1.5-million-sq.-ft. plant will be built along the Ohio River southwest of Louisville on land that currently hosts a grain shipping port. The average annual wage at the new plant will be $72,000.
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Chamber of Commerce
ASHLAND, Ky. – Kentucky Power has awarded 13 grants totaling about $12,000 to a dozen eastern Kentucky schools as part of the FIRST robotics program and the Teacher Vision Grant program.
FIRST (For Inspiration and Recognition of Science and Technology) is a multi-national robotics competition that teams professionals and high school students to solve an engineering problem in an intense and competitive way. Grant amounts range from a few hundred dollars for elementary and middle schools up to $6,000 for high schools. The Teacher Vision Grant program provides small grants to individual teachers to use in their classrooms. Grants range from $100 to $500 each, and are limited to one per teacher and two per school.
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President's Report
June 6, 2019
Looking Forward To Tomorrow
Hello from the desk of the Ashland Alliance! I know it has been a few weeks since my last update. I have been on the road and I’m glad to be back in the office and sharing the news of the day. Last week I had the privilege of traveling to Greensville SC with a delegation of 12 people, including 5 Ashland Alliance Board Members, to see firsthand how a community can make a plan, work a plan and change the face of the community they live in. I think the best quote of the trip was from Carlos Phillips, President/CEO of the Greenville Chamber of Commerce. He said, “people here planted the trees knowing they would never see the shade.”
Our trip to Greenville was an important one. Greenville, like Ashland, has underwent economic challenges over the last several decades. Their main industry, textiles, moved away much like Ashland Oil and AK Steel has here. However, this community not only overcame their economic challenges, they built a better version of their city – a special place they call home. They also found an economic anchor in Michelin and BMW that brought hope to their region, much like what we have going on with Braidy. The story of how they did it – how they planned for the future and how they paid for it - is a great lesson for Ashland and Northeast Kentucky.
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