Kentucky Development Group Created 3,900 Jobs in 2008

The Northern Kentucky Tri-County Economic Development Corporation, or Tri-ED, helped create 3,918 jobs due to its efforts in 2008.

An economic impact analysis prepared by Northern Kentucky University’s Center for Economic Analysis and Development noted that expansions and new businesses are expected to create 1,829 primary jobs and 1,566 indirect jobs, for a total impact of more than $572 million in business sales in Northern Kentucky.

That will result in total Greater Cincinnati job creation of 3,918 jobs, and nearly $719 million in business sales.

The economic development agency worked with a total of 20 new or expanding projects in 2008, including ADP, the Kentucky National Guard, and the United States Playing Card Company.

Over the last 21 years as a result of Tri-ED’s efforts, 480 companies have located or expanded in Northern Kentucky, creating 46,815 primary jobs and making capital investments of $4.6 billion.