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News & Events

Economic Development

FRANKFORT, Ky. – As one of the nation’s most manufacturing-intense states, Kentucky throughout October will recognize Manufacturing Month, the 4,500 manufacturing facilities, their more than 256,000 full-time employees and the increasing global demand for the commonwealth’s goods. “From cars and chemicals to cookies and compressor parts, Kentucky’s manufacturing sector is the foundation of the state’s thriving economy and plays a powerful role around the world,” Gov. Matt Bevin said. “With nearly 13 percent of our workforce engaged in manufacturing, the commonwealth has unparalleled expertise among states in making the products that support both modern society and the individual lives of people across the globe. It is exciting to see Kentucky regularly receiving recognition as the engineering and manufacturing center of excellence in America.”

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Chamber of Commerce

ASHLAND, Ky. — Ashland Community and Technical College’s new president Larry Ferguson shared with Ashland Rotarians on Monday where the college currently stands. Ferguson, who will officially begin his role on Oct. 1, said a recent study performed to look at the college’s economic impact showed that $120.2 million of income was added in the region because of ACTC from 2015 to 2016. Additionally, 1,734 total jobs were supported and there was a 19.4 percent rate of return to students, meaning for every dollar they invested about 20 percent was returned to them. Taxpayers were retuned 9.2 percent.

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President's Report

September 21, 2018

Happy Friday! Happy Friday from the road! Today finds me working from Frankfort at the Kentucky Chamber of Commerce Executives Conference. The conference provides interesting conversations among Chamber Executives from across Kentucky. After hearing the best and brightest ideas and offerings, I believe there are lessons to be learned for the Ashland Alliance about how we can offer value for our members. This gathering showed me more than just what we could do better. It taught me our community is actually aligned pretty well. Many communities don't work together for a common cause. While every community can do better, from what I heard, Ashland, Boyd and Greenup County actually work very well together. Our progress is proof and why the results will have far-reaching effects for you and your family.

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