Kentucky finding success with foreign firms that like the strong bonds they forge in rural communities
By Mark Green
Kentucky officials last year shifted their economic development focus
to foreign direct investment (FDI), especially from automotive
manufacturing. They’re getting some traction, too, despite limited
resources and strong competition by focusing on companies they believe
fit the commonwealth’s conservative, small town business culture.
Recently, that has often meant family-owned German auto sector
suppliers whose roots are in Bavaria. The Japanese continue investing
here, too. A wave of foreign manufacturers seeking dependable markets
and growth is washing ashore in the United States, whose economy remains
the most stable in the world. More
here.
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