Automobile Manufacturers In Kentucky Hit One Million Vehicles In 2012

Automobile Manufacturers In Kentucky Hit One MillionAutomobile manufacturers in Kentucky generated more than 1 million autos last year, the first, since 2007.

In a news release from Steve Beshear, the Governor of Kentucky, auto manufacturers generated over 1,025,000 light automobiles in the state, ranking them fourth in the United states for total light automobile production. This figure includes over 548,000 light-trucks and 477,000 cars.

The release said that in 2011, the state of Kentucky – home to assembly parts for General Motors Co., Toyota Motor Corp., and Toyota Motor Corp. – was fifth among the nation in light vehicle production.

In the release, Beshear said that they are moving in the right direction, and  “We need to continue to build on this success, but we can be extremely proud of the top-quality vehicles made right here in Kentucky and sold all over the world.”

The state of Kentucky employs almost 75,000 workers in the industry, and is home to 450 automobile-related facilities.

As reported in the Business First earlier in January, the production growth of automobile manufacturers has paved the way to development expansions by suppliers across Kentucky.

Throughout the last two-years, around 135 auto-related companies have announced the launch of expansions or new operations. Those undertakings symbolize close to $1.8 billion in new investments and 7,200 new jobs.

In his release, Beshear  said that these investments constituted over $1 billion by Ford at its Kentucky Truck Plant and its Louisville Assembly Plant.

In a release issued by Larry Hayes, the Kentucky Cabinet for Economic Development Secretary, he said that when the automobile manufacturers succeed, the whole Commonwealth wins. The industry in the state is important to its overall economy.

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