FRANKFORT, Ky. — Nearly $4.3 million in funding and tax credits will go to invest in workforce training for over 19,000 Kentucky workers.
Kentucky Gov. Andy Beshear highlighted the funding in a news release, saying it was part of a continued investment in workforce training initiatives. The training funds and credits were approved during a Bluegrass State Skills Corporation meeting and push investments in job training over $10 million in the state. The administration said that has provided assistance to train nearly 35,000 workers.
“Kentucky’s economy is on fire right now. We’re seeing continuous growth in every industry, and with that comes the need for a skilled workforce,” said Beshear.
The initiative will support work force training in communities throughout the state, including 10,600 trainees between the two Ford Motor Co. facilities in Louisville.
Other companies approved for the BSSC programs include Matalsa Structural Products in Elizabethtown, Shelby County Associated Industries, Highland Diversified Services Inc. in London and RFC LLC in Shelbyville.
The BSSC’s Grant-in-Aid and Skills Training Investment Credit programs assist employers throughout the commonwealth. Applications for both programs are accepted and conisdered for approval by the BSSC Board of Directors.
BSSC incentives are available to a range of operations, including manufacturing, agribusiness, nonretail service or technology, headquarters operations, state-licensed hospital operations, coal severing and processing, alternative fuel, gasification, renewable energy production and carbon dioxide transmission pipelines.