|
MANUFACTURING JOB FACTS
- U.S. subsidiaries support 53,300 manufacturing
jobs in Kentucky, an increase of 6% over five years. Manufacturing
companies tend to have a strong "multiplier"
effect on the economy-stimulating a substantial amount
of activity and jobs in other sectors through their demand
for inputs from other suppliers.
Overall, approximately 60.8% of jobs at U.S. subsidiaries in Kentucky are in manufacturing industries.
|
 |
ONE COMPANY'S STORY
Mitsubishi Electric Automotive America,
aU.S. subsidiary of Japan's Mitsubishi Electic Corporation,
recently announced plans for a $32 million expansion of
its Maysville facility, producing starters, alternators,
ignition coils and vehicle entertainment components for
major North American automakers. The expansion will add
about 100 jobs to the region, making MEAA the second-largest
employer in Maysville. The expansion calls for a new 40,000
square foot building and millions of dollars of new technology
to be added to the Maysville plant, bringing it up to 500,000
square feet.
|
