Gov. Beshear to head to Europe on economic development trip - WDRB 41 Louisville News

Gov. Beshear to head to Europe on economic development trip

Posted: Updated: Sep 20, 2013 12:53 PM EDT

LOUISVILLE, Ky. (WDRB) -- Kentucky Gov. Steve Beshear leaves on Saturday for an economic development trip to Europe.  The governor will travel to Germany, Spain, and Austria.  A news release says the trip is to "showcase Kentucky's business-friendly climate and to strengthen existing ties with European companies already operating facilities in the Commonwealth."

European companies employ nearly 26,000 people in Kentucky, and the state says nearly 35 percent of all capital investment and almost 20 percent of new jobs announced in the manufacturing, service, and technology industries came from foreign companies. 

"We are seeing several active projects with European companies that are in the decision-making mode," said Cabinet for Economic Development Secretary Larry Hayes. "This trip will allow us to personalize those relationships and build a strong case for Kentucky as the ideal location for their business needs."

The governor is set to return to Kentucky on Oct. 1. 

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