LOUISVILLE, Ky. — Despite rising inflation around the country, Louisville Metro Government released an end-of-year review that claims the metro’s “economic momentum remained strong.”
According to a press release, Louisville Metro Government’s Economic Development team found 51 projects were announced in 2022 which totaled $2.09 billion in new investments, and will create a total of 3,696 jobs.
The average pay was $61,910 and some of the jobs include:
- Ford’s Kentucky Truck Plant expansion which will create 500 new jobs
- UPS’ training center expansion, healthcare logistics facility and new hangar which will create 315 new jobs
- UofL Health's expansion which will create 345 new jobs
- New Inxeption downtown headquarters which will create 200 jobs over the next five years
- Confluent Health’s expansion of its headquarters which will create 350 new jobs
- River City Entertainment Group’s planned renovation of Louisville Gardens which will create 50 new jobs
“I am proud of the work that our team has done to further equitable economic growth in our great city this year, and we are excited to bring this momentum into 2023,” Benjamin Moore, director of the Department of Economic Development, said.
Louisville has been recognized as a top place to live in work according to the release; some of the recognitions include:
- Ranked 11th most affordable large metro area
- Overall best city for coffee
- Recertified as a Welcoming City by Welcoming America
“The best thing about Louisville is the city itself. It’s a great place to live; it’s a great place to work," Dr. Larry Benz, president and CEO of Confluent Health, said.
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