The Kenton County Fiscal Court approved a proposal to use a portion of its $13 million progression fund for a new production assignment in Elsmere.
The $669,000 allocation will be used for new transmission lines for a facility at the intersection of Hapeville Road and Garvey Road in Elsmere.
“We have worked to ensure that our investments in the site’s progress are implemented in a fiscally responsible manner, with projects meeting our economic progress goals and generating a high return on investment for our community,” said judge and executive Kris Knochelmann.
“This allocation meets any of those criteria, as recruiting more production jobs in Kenton County is a priority. The jobs created through this allocation will pay smart wages and provide long-term stability for our residents. “
Sen. Chris McDaniel (R-Ryland Heights) secured Kenton County’s $13 million progression fund, which is administered through the Northern Kentucky Port Authority.
“I am proud to continue to collaborate with the Kenton County Tax Court and governments like Elsmere to continue the unprecedented momentum that is underway in our county,” said Senator McDaniel. “Continuing to modernize infrastructure like this will pay dividends for generations to come. “
This is the third time Kenton County has used this fund to spur economic development.
In 2023, parts of the fund benefited from:
The Cincinnati region has a strong history in manufacturing, with jobs in this sector paying about 1. 5 times the area’s median wage, according to the BE NKY Growth Partnership, Northern KentuckyArray’s economic progress organization.
Kenton County Administration