Owensboro and Daviess County have experienced an unprecedented surge in economic development in 2024, with major investments totaling more than $415 million and the creation of nearly 700 new jobs across various sectors, according to local officials.The most significant announcement came from Swedish Match, which is expanding its operations with a $232 million investment, creating 450 new jobs. The project was the largest job creation initiative in Kentucky this year. Meanwhile, Mizkan…
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Tourism forecast looks good for 2025
The local hospitality industry struggled during the coronavirus pandemic in 2020 and 2021.Local hotels saw occupancy rates slip to 36.9% in 2020.But it’s made a strong comeback in the years since with a record-setting hotel occupancy of 59% in 2022 and 2023.The state estimates that tourists spent $250 million in Daviess County last year.Of that, $31.9 million was spent at local hotels — a new record and $1 million above…
GOEDC Names Summer Crick Aldridge as Director of Marketing, Special Projects, and Administrative Support
The Greater Owensboro Economic Development Corporation (GOEDC) is pleased to announce the appointment of Summer Crick Aldridge as its new Director of Marketing, Special Projects, and Administrative Support.In her new role, Aldridge will develop unique marketing strategies and work closely with local businesses, government agencies, and community leaders to promote Owensboro as a prime location for investment, talent, and business expansion.Aldridge joins GOEDC from Kentucky Wesleyan College (KWC), where she’s…
City of Owensboro and Greater Owensboro Economic Development Corporation Promote Downtown Small Business Subsidy Program
November 20, 2024 - The City of Owensboro, in partnership with the Greater Owensboro Economic Development Corporation (GOEDC), is highlighting the Downtown Small Business Subsidy Program, an initiative designed to bring life to vacant downtown spaces and drive economic growth. This program offers financial incentives tailored to attract new businesses and help existing ones expand, creating a lively and thriving downtown community.Nate Pagan, City Manager, stated, “The City is committed…
Gov. Beshear Unveils ‘New Kentucky Home’ Initiative To Attract Business, Tourism and Future Residents to Kentucky
The comprehensive marketing campaign combines economic development and tourismLEXINGTON, Ky. (Nov. 12, 2024) – In an effort to build on Kentucky’s historic economic momentum and record-breaking tourism success, today Gov. Andy Beshear announced New Kentucky Home, a strategic initiative to further drive economic investment, attract and retain talent and increase tourism across the commonwealth. The Governor was joined by economic development and tourism leaders from across Kentucky at Keeneland in Lexington…
GOEDC Job Opening: Director of Marketing, Special Projects, and Administrative Support
Please send your resume and cover letter to GOEDC@owensboro.com by Friday, November 15th.Job Title: Director of Marketing, Special Projects, and Administrative SupportReports To: President/CEO of the Greater Owensboro Economic Development Corporation Location: Owensboro, KYJob Type: Full-TimeJob Summary:The Director of Marketing, Special Projects, and Administrative Support will play a critical role in overseeing the organization’s marketing and communication efforts while providing administrative support to the GOEDC leadership team. The ideal candidate…
Foam Solutions to Launch New Fabrication Facility in Owensboro, Retaining 20 Local Jobs
Owensboro, KY – Foam Solutions LLC is excited to announce the launch of its foam fabrication operations, filling the void left by the recent departure of a long-standing foam manufacturer in Owensboro. Set to begin operations in October 2024, Foam Solutions will retain much of the former workforce and continue serving the same customer base with the same trusted suppliers, ensuring a seamless transition.Dana Collins, the founder and principal officer…
Gov. Beshear Announces Largest Jobs Project of 2024: Swedish Match To Add 450 Jobs, Invest $232 Million in Owensboro Operation
Office of the Governor700 Capitol AvenueFrankfortKY40601Project is the 5th largest investment on record this year; $277 million annual regional economic impact anticipated OWENSBORO, Ky. (Aug. 27, 2024) – Today, Gov. Andy Beshear announced the largest new jobs project of 2024, as Philip Morris International Inc. announced its Swedish Match affiliate will expand its presence in Daviess County creating 450 direct jobs with a $232 million investment.Today’s announcement is also the 5th largest investment project…
R+L Carriers Announces Approximately $25 Million Investment in New Project, Creating 63 High-Paying Jobs
Owensboro, KY – August 7th, 2024 – R+L Carriers, a leader in the transportation and logistics industry, is proud to announce a significant new project in Owensboro, KY with a total investment of approximately $25 million. This ambitious initiative will create 63 new jobs.The investment reflects R+L Carriers commitment to innovation, growth, and community development. The project will enhance the company's operational capacity, streamline logistics, and support sustainable business practices.…
Mizkan America To Expand Manufacturing Facility in Owensboro With $156 Million Investment Creating 44 Quality Jobs
FRANKFORT, Ky. (July 25, 2024) – Today, Gov. Andy Beshear highlighted exciting news within the state’s food manufacturing sector as Mizkan America (MA), an industry-leading producer of pasta sauce and vinegar products, announced plans to expand their current facility in Owensboro with a $156 million investment creating 44 new Kentucky jobs.“Kentucky’s manufacturing sector has always played a key role throughout the commonwealth, and the tremendous growth we are seeing within the…