Kentucky’s economic ties with Japan are thriving, thanks to a decades-long relationship with the Japanese business community.
Kentucky Gov. Steve Beshear and members of his economic development team recently visited the country to further strengthen the state’s position as a leading destination for Japanese investment.
“We are very determined in our efforts to engage Japanese companies seeking to locate or expand in the United States and show them the advantages Kentucky offers,” said Beshear.
During the trip, the governor met with executives of several successful Japanese businesses located in Kentucky, as well as others considering an investment in the state. It was his sixth trip to Japan since becoming governor of Kentucky in 2007.
“I cannot overstate my appreciation for the investment of these companies in Kentucky. In the last five years, Japanese-owned businesses have announced investments of $1.7 billion in Kentucky. In turn, our state has a lot to offer investors in Japan and throughout Asia, and we want to showcase our commitment to helping these companies expand their global reach,” said Beshear.
The governor is working to grow what is already a strong Japanese business presence in Kentucky. More than 160 Japanese facilities are in the state, employing more than 40,000 people.