Current:Home > StocksSnack food maker to open production in long-overlooked Louisville area, Beshear says -Ascend Wealth Education
Snack food maker to open production in long-overlooked Louisville area, Beshear says
View
Date:2025-04-16 14:50:42
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! (34522)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- North Carolina insurance industry proposes average 42% homeowner premium increase
- Reports: Dodgers land free-agent outfielder Teoscar Hernandez on one-year deal
- President Biden to deliver State of the Union address on March 7
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- In Israel, Blinken looks to planning for post-war Gaza as bombardment, fighting continue to rage
- Chicago woman pleads guilty, to testify against own mother accused of cutting baby from teen’s womb
- 25 killed and 6 injured in collision between minibus and truck in Brazil’s northeast
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Shooter kills 2 people at Minnesota motel and is later found dead, police say
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Travis Barker Reveals Strict But Not Strict Rules for Daughter Alabama Barker’s Dating Life
- Arrest warrant issued for Montana man accused of killing thousands of birds, including eagles
- Fire crews rescue missing dog found stuck between Florida warehouses
- Bodycam footage shows high
- Truth, forgiveness: 'Swept Away' is a theatrical vessel for Avett Bros' music
- Reports: Dodgers land free-agent outfielder Teoscar Hernandez on one-year deal
- 2 killed, 9 injured in 35-vehicle pileup on Interstate 5 near Bakersfield, California
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
There's a new COVID-19 variant and cases are ticking up. What do you need to know?
Rays shortstop Wander Franco released from Dominican jail amid ongoing investigation
Apple to begin taking pre-orders for Vision Pro virtual reality headsets
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Boeing jetliner that suffered inflight blowout was restricted because of concern over warning light
Spain investigates contamination of Atlantic shore by countless plastic pellets spilled from ship
Indiana Pacers All-Star point guard Tyrese Haliburton carried off floor with injury