Current:Home > NewsSnack food maker to open production in long-overlooked Louisville area, Beshear says -NextWave Wealth Hub
Snack food maker to open production in long-overlooked Louisville area, Beshear says
View
Date:2025-04-21 00:59:54
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! (2)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- House votes to sanction International Criminal Court over potential warrants for Israeli officials
- Jennifer Lopez shares message about 'negativity' amid tour cancellation
- Boeing launches NASA astronauts for the first time after years of delays
- A White House order claims to end 'censorship.' What does that mean?
- Texas county to pay female constable deputies $1.5 million to settle sexual misconduct lawsuit
- Pro athletes understand gambling on their games is a non-negotiable no-no. Some learned the hard way
- Some veggie puffs contain high levels of lead, Consumer Reports finds
- The Best Stocking Stuffers Under $25
- Why Kelly Osbourne Says Her Body Is “Pickled From All the Drugs and Alcohol”
Ranking
- Current, future North Carolina governor’s challenge of power
- Actor Wendell Pierce claims he was denied Harlem apartment: 'Racism and bigots are real'
- New York judge seen shoving police officer will be replaced on the bench
- Is matcha good for you? What to know about the popular beverage
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- WNBA rescinds technical foul given to Angel Reese that resulted in her ejection
- Slovakia’s Fico says he was targeted for Ukraine views, in first speech since assassination attempt
- 'America's Got Talent' recap: Simon Cowell breaks Golden Buzzer rule for 'epic' audition
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
The Daily Money: X-rated content comes to X
Tension between North and South Korea flares as South plans resumption of front-line military activities
Hunter Biden's ex-wife Kathleen Buhle testifies about his drug use in federal gun trial
Intel's stock did something it hasn't done since 2022
Boeing's Starliner capsule finally launches, carries crew into space for first piloted test flight
Climate records keep shattering. How worried should we be?
No, you probably didn't win a free vacation. Don't let these scams ruin your summer fun