Business First Mayor Greenberg touts economic progress, $663 million new investment

Business First Mayor Greenberg touts economic progress, $663 million new investment

Louisville, under Mayor Craig Greenberg’s leadership, has witnessed significant economic growth in the first half of 2023, with $663 million in new projects announced. This progress surpasses the city’s 2022 momentum. These projects are expected to introduce 1,042 new jobs, with major investments from companies like Congo Brands, WILA USA, and UniFirst Corp. Mayor Greenberg emphasized the city’s business-friendly environment and his commitment to enhancing economic opportunities. In 2022, the Louisville Metro Department of Economic Development secured projects worth $2.09 billion, creating 3,696 jobs. The department’s director, Benjamin Moore, is optimistic about maintaining this growth trajectory in 2023.

– Louisville Mayor Craig Greenberg’s office reports economic progress in his initial months.
– $663 million in projects were announced in the first half of 2023.
– This pace surpasses the economic momentum of 2022.
– 34 projects from the first half of 2023 will introduce 1,042 new jobs.
– Congo Brands is investing $8.25 million to expand its headquarters, adding 500 jobs.
– WILA USA is investing $11.5 million to relocate its North American headquarters and establish manufacturing operations.
– Multi-Color Corp. is investing over $22 million for a new facility, creating 90 jobs.
– Kelvin Cooperage is investing $11.8 million for expansion, adding 30 jobs.
– UniFirst Corp. is investing nearly $21.3 million to relocate and expand its Louisville location.
– Mayor Greenberg emphasizes Louisville’s advantages for businesses and his commitment to fostering economic opportunity.
– In 2022, the Louisville Metro Department of Economic Development located 51 projects, totaling $2.09 billion in investment and 3,696 new jobs.
– Benjamin Moore, the department’s director, highlights the strength of core industries and anticipates continued economic growth in 2023.

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