Business and the Economy
A trip to Detroit by Kentucky’s governor and mayors of its two largest cities could lead to advanced manufacturing expansion. Governor Beshear, along with Louisville Mayor Greg Fischer and Lexington Mayor Jim Gray, spoke with representatives of Toyota, Ford, and General Motors Tuesday. The three attended the annual car show in the motor city. Lexington and Louisville officials are moving forward with plans to grow advanced manufacturing between the two towns. Jim Gray says now is not the time to recruit specific firms.
“We weren’t there directly pitching to anybody… specifically for a project..we were there to say this is the project that’s being launched between Lexington and Louisville to illustrate the strengths of our region,” said Gray.
Gray says the aim of the visit to Michigan was to build relationships in hopes of gaining more recognition of being a ‘player in the automotive industry.’ Gray says there was an optimistic tone about domestic car sales in 2012.
“There’s a lot of enthusiasm about the American market…with the expectation that it’s gonna climb this year…it’s actually gonna grow…maybe by as much as six percent..in terms of units sold and the top line in sales,” added Gray.
In addition to the Toyota, Ford, and Corvette operations, Gray notes that Kentucky is home to some 400 suppliers.