Current:Home > MarketsSnack food maker to open production in long-overlooked Louisville area, Beshear says -AssetVision
Snack food maker to open production in long-overlooked Louisville area, Beshear says
View
Date:2025-04-19 16:22:44
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! (38933)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Officials identify man fatally shot by California Highway Patrol on Los Angeles freeway; probe opened by state AG
- Charleston, South Carolina, elects its first Republican mayor since Reconstruction Era
- Antoni Porowski and Kevin Harrington Break Up After 4 Years Together
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Officials identify man fatally shot by California Highway Patrol on Los Angeles freeway; probe opened by state AG
- With no Powerball available, a Mass. woman played a different game and won $25,000 for life
- Track coach pleads guilty in federal court to tricking women into sending him nude photos
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Fantasy football rankings for Week 12: Be thankful for Chargers stars
Ranking
- What to watch: O Jolie night
- Why Twilight's Kellan Lutz Thinks Robert Pattinson Will Be the Best Dad
- Judge denies corrupt Baltimore ex-detective’s request for compassionate release
- Swift, Super Bowl, sports betting: Commissioner Roger Goodell discusses state of NFL
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Lottery winner sues mother of his child, saying she told his relatives about his prize money
- No. 5 Marquette takes down No. 1 Kansas at Maui Invitational
- Jeff Bezos fund donates $117 million to support homeless charities. Here are the recipients.
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Jeff Bezos fund donates $117 million to support homeless charities. Here are the recipients.
How Melissa Rivers' Fiancé Steve Mitchel Changed Her Mind About Marriage
Billion Dollar Babies: The True Story of the Cabbage Patch Kids Teaser Shows Dangerous Obsession
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Shooting of 3 men on Interstate 95 closes northbound lanes in Philly for several hours
A Las Vegas high school grapples with how a feud over stolen items escalated into a fatal beating
4 Las Vegas teenagers charged with murder as adults in fatal beating of high school classmate