Current:Home > FinanceSnack food maker to open production in long-overlooked Louisville area, Beshear says -FinanceMind
Snack food maker to open production in long-overlooked Louisville area, Beshear says
View
Date:2025-04-17 23:41:48
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! (97)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Will Kevin, Joe and Nick Jonas' Daughters Form a Jonas Cousins Band One Day? Kevin Says…
- The Big D Shocker: See a New Divorcée Make a Surprise Entrance on the Dating Show
- Tech leaders urge a pause in the 'out-of-control' artificial intelligence race
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Inside Clean Energy: Arizona’s Energy Plan Unravels
- Hailey Bieber Breaks the Biggest Fashion Rule After She Wears White to a Friend's Wedding
- The 30 Most Popular Amazon Items E! Readers Bought This Month
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Panera rolls out hand-scanning technology that has raised privacy concerns
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- 11 horses die in barbaric roundup in Nevada caught on video, showing animals with broken necks
- Even Kate Middleton Is Tapping Into the Barbiecore Trend
- What to know about 4 criminal investigations into former President Donald Trump
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Kellie Pickler and Kyle Jacobs' Sweet Love Story: Remembering the Light After His Shocking Death
- Biden Is Losing His Base on Climate Change, a New Pew Poll Finds. Six in 10 Democrats Don’t Feel He’s Doing Enough
- The fight over the debt ceiling could sink the economy. This is how we got here
Recommendation
Highlights from Trump’s interview with Time magazine
28,900+ Shoppers Love This Very Flattering Swim Coverup— Shop the 50% Off Early Amazon Prime Day Deal
The SEC charges Lindsay Lohan, Jake Paul and others with illegally promoting crypto
iCarly’s Nathan Kress Welcomes Baby No. 3 With Wife London
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
The FBI raided a notable journalist's home. Rolling Stone didn't tell readers why
Plans to Reopen St. Croix’s Limetree Refinery Have Analysts Surprised and Residents Concerned
Inside Clean Energy: Solar Industry Wins Big in Kentucky Ruling