Below are excerpts from an article titled “FDI Clusters” in the the current issue of Southern Business Development magazine. The full article is available here.
You can learn more about the Elizabethtown industrial facilities with foreign ownership here.
Small and Medium-Sized Cities in the South Attracting Foreign Direct Investment In a Big Way
There are many destinations in the South for foreign direct investment (FDI). Profiled here are the top small and medium-sized markets for FDI in the 15-state Southern region. These markets were chosen based on the number of projects they have captured from foreign companies over the last 25 years.
Elizabethtown, Ky., has enjoyed long-term growth in foreign direct investment from Belgium, England, France, Germany, India, Japan, Luxembourg, Mexico and The Netherlands. Elizabethtown’s prime central location, low energy prices, community attributes and more have landed new projects like India-based packaging giant Flex Films (2010) and The Netherland’s Eurotrol (2016), which produces quality control products for in vitro diagnostics. In addition, foreign investors’ success in Elizabethtown has led to multiple expansions. AGC Automotive (Japan), for example, has tripled its footprint since coming to Elizabethtown in the late 1980s, and the latest expansion at automotive supplier Metalsa (Mexico) will create 250 new jobs.
Other small and medium-size FDI clusters in Kentucky include Nelson County, Bowling Green, Clark County, Danville-Boyle County, Georgetown-Scott County, Christian County, Bullitt County, Shelby County, Simpson County, Marion County, Mercer County, Owensboro, Murray, Somerset and Richmond.