Current:Home > MarketsSnack food maker to open production in long-overlooked Louisville area, Beshear says -Achieve Wealth Network
Snack food maker to open production in long-overlooked Louisville area, Beshear says
View
Date:2025-04-24 15:42:32
LOUISVILLE, Ky. (AP) — A snack food manufacturer intends to pump $137 million into a production facility in Kentucky, amounting to the largest economic development project in decades in an area of Louisville that was long overlooked for major investments, Gov. Andy Beshear said Tuesday.
Pretzel manufacturer Stellar Snacks will create 350 full-time jobs during the next 10 years at its new facility in western Louisville, the governor said. The company selected an existing 434,000-square-foot (40,000-square-meter) building, and baking operations are expected to begin there in September of next year.
It represents the single largest economic development project in the western Louisville community in the past 20 years, the governor’s office said in a statement.
“For far too long, we know that the people of West Louisville have been overlooked when it comes to big investments like this,” Beshear said at a ceremony announcing the project. “Today we are changing that. From the start of my administration, we’ve been determined to get big things done right here.”
The project is contingent on final approval of state incentives by the Kentucky Economic Development Finance Authority, the governor’s office said.
Hiring for the company’s Kentucky facility is expected to begin next March.
The company, founded in 2019 by mother-daughter duo Elisabeth and Gina Galvin, bakes pretzels and roasts nuts. It operates two plants in Northern Nevada, where it employs more than 170 people. The company is “on a mission to expand production coast to coast,” Elisabeth Galvin said.
“We can’t emphasize enough that our goal is to provide career opportunities and positive impact in Louisville, especially in our neighborhood so we can flourish together in the years to come,” she said.
Gina Galvin added: “When my mom and I landed in Louisville, something finally clicked — it felt like destiny.”
Stellar Snacks distributes products to more than 5,000 grocery and retail stores nationwide with products also sold online.
Beshear, a Democrat who is seeking reelection to a second term in the Nov. 7 election, said the project continues the Bluegrass State’s “best economic development winning streak in our lifetime.” The governor was joined by community leaders at the Louisville jobs announcement.
Beshear has made the state’s record-setting pace of economic development during his term a cornerstone of his campaign against Republican challenger Daniel Cameron, the state’s attorney general.
“We talked about how these jobs needed to come everywhere — every part of our state and every neighborhood in this city,” Beshear said at Tuesday’s event in Louisville. “I’m glad that today we’re making good on that promise, but there should and there will be so much more to come.”
Cameron has said the credit for the state’s economic growth should go to the Republican-led Legislature for passing pro-business measures. Cameron also has taken aim at national economic trends, blasting Democratic President Joe Biden’s policies for triggering high inflation. Cameron is trying to link the Democratic governor with Biden in the minds of voters in Republican-leaning Kentucky.
veryGood! (44)
Related
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Will Messi play at Gillette Stadium? New England hosts Inter Miami: Here’s the latest
- Woman pleads guilty to being accessory in fatal freeway shooting of 6-year-old boy
- Britain’s King Charles III will resume public duties next week after cancer treatment, palace says
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Former Virginia hospital medical director acquitted of sexually abusing ex-patients
- Florida’s Bob Graham remembered as a governor, senator of the people
- Lori Loughlin Says She's Strong, Grateful in First Major Interview Since College Scandal
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Kansas murder suspect uses wife's life insurance payout to buy a sex doll
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Harvey Weinstein's conviction tossed in stunning reversal. What does it mean for #MeToo?
- Dua Lipa and Callum Turner’s Date Night Has Us Levitating
- Owner of exploding Michigan building arrested at airport while trying to leave US, authorities say
- Former longtime South Carolina congressman John Spratt dies at 82
- Stock market today: Asian benchmarks mostly climb despite worries about US economy
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Early Animation
- Jury in Abu Ghraib trial says it is deadlocked; judge orders deliberations to resume
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Military veteran charged with attempting to make ricin to remain jailed
Google plans to invest $2 billion to build data center in northeast Indiana, officials say
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Early Animation
Will There Be Less Wind to Fuel Wind Energy?
Book excerpt: The Demon of Unrest by Erik Larson