"To view the Governor’s Team Kentucky Update, ""click here" [ [link removed] ]". "

Kentucky State Seal

OFFICE OF GOVERNOR ANDY BESHEAR








*FOR IMMEDIATE RELEASE*




*Contact:  *

 

*Scottie Ellis
502-401-6933*
"[email protected]" <[email protected]>






Gov. Beshear Provides Team Kentucky Update
  

*FRANKFORT, Ky. (July 24, 2025)* – Today, Gov. Andy Beshear provided an update on economic development, the General Fund surplus, severe weather recovery, funding for affordable housing and more Kentuckians attaining their GEDs. The Governor named Jimmy Alexander, Jessica Alexander, Taylor Hall and Adam Arnold, good Samaritans who helped to save a Kentucky State Police officer’s life, as this week’s Team Kentucky All-Stars.

*Economic Development*
Gov. Beshear announced [ [link removed] ] yet another innovative company will establish its New Kentucky Home as Meridian Biotech will open a new facility in Franklin County. The project, part of a partnership with Buffalo Trace Distillery to convert distillery byproducts into multifunctional alternative proteins, includes a $40 million investment and will create up to 35 high-tech, well-paying jobs. Brandon Corace, president of the company, joined the Team Kentucky Update to talk about this exciting announcement.

The Governor announced [ [link removed] ] further growth of the commonwealth’s agricultural manufacturing industry as Alltech Crop Science will move ahead with an expansion of its operation in Jessamine County, a nearly $4.6 million investment that will create six new jobs. The expansion is partially funded by a $2.34 million award from the U.S. Department of Agriculture’s Fertilizer Production Expansion Program. The vice president of Alltech Crop Science, Dr. Steve Borst, attended the news conference to speak about this project.

Gov. Beshear highlighted [ [link removed] ] new momentum within the state’s manufacturing and metals industries as Alta Alloys LLC, a specialty processor of titanium, nickel alloys and other super alloys, will relocate its company headquarters and expand its operations with a new facility in Simpson County, a $20 million investment expected to create 45 new, high-quality skilled manufacturing jobs.

*General Fund Surplus*
The Governor announced that fiscal year 2025 ended with a General Fund surplus of approximately $313.5 million. Of that amount, $251.3 million will be deposited into the Budget Reserve Trust Fund, and the remaining $62.1 million will fund necessary government expenses, such as responding to natural disasters, matching funds for Federal Emergency Management Agency (FEMA) disaster grants and forest fire suppression. Kentucky has secured a surplus every year of the Beshear-Coleman administration.

*Severe Weather Recovery*
On Wednesday, Gov. Beshear announced [ [link removed] ] that President Donald Trump approved Public Assistance for 64 counties affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides on April 2, 2025, and 36 counties affected by severe storms, straight-line winds and tornadoes on May 16-17, 2025.

Today, the Governor announced that even more counties have been approved for Public Assistance. Now, all counties Kentucky requested support for have been granted Public Assistance: 90 for the April 2 event and 39 for the May 16-17 event. See a full list of counties approved for floods [ [link removed] ] and tornadoes [ [link removed] ].

For the May 16-17 severe weather and tornadoes, the deadline to apply for Individual Assistance has been extended to Aug. 22, 2025. Since the commonwealth received approval, FEMA has disbursed over $2.8 million in assistance. Click here [ [link removed] ] for a fact sheet on how to apply for FEMA assistance.

For the May event, 23 households are being housed in travel trailers at Levi Jackson Wilderness Road Park, seven households are being sheltered in hotels and 56 households have transitioned out of the Commonwealth Sheltering Program.

*Rebuilding in Eastern Kentucky*
Yesterday, Gov. Beshear joined [ [link removed] ] local officials in Floyd County to break ground on the future site of New Hope Estates. The neighborhood will comprise 34 homes for flood survivors in Eastern Kentucky and will be located along Cliff Road and Old Cliff Road in Prestonsburg.

The Governor also visited the neighborhood of Wayland, in Floyd County. Wayland was the first high-ground neighborhood [ [link removed] ] to be completed for flood survivors and includes 11 homes, with more coming. In Letcher County, the Cottages at Thompson Branch, which includes 10 homes for flood survivors, was completed [ [link removed] ] in May.

*$2.5 Million for Affordable Housing*
Gov. Beshear announced $2.5 million in Community Development Block Grant awards to support affordable housing.


* The city of Franklin is receiving $1 million to support the construction of six new affordable rental homes. This is part of the Franklin Affordable Housing organization’s Dixon Grove development project, which will eventually build 69 rental homes.
* The city of Newport will receive nearly $1 million to build five affordable homes.
* Pulaski County is receiving $540,000 to assist the county in purchasing 86 affordable apartment units.

*GED Success Rate*
Gov. Beshear announced [ [link removed] ] that, since waiving the GED fee in his first term, more Kentuckians without a high school diploma are earning their GED, with a success rate that surpasses the national rate.

*Team Kentucky All-Stars*
The Governor named Jimmy Alexander, Jessica Alexander, Taylor Hall and Adam Arnold, good Samaritans who helped to save a Kentucky State Police (KSP) officer’s life, as this week’s Team Kentucky All-Stars.

On July 13, KSP Trooper Jude Remilien was shot in the leg outside the Blue Grass Airport while protecting the Lexington community. Jimmy, Jessica, Taylor and Adam, an airport police officer, worked together to apply pressure and a tourniquet to Trooper Remilien’s leg and used Trooper Remilien’s radio to call for help. In addition to naming them this week’s Team Kentucky All-Stars, Gov. Beshear commissioned each of these good Samaritans a Kentucky Colonel.

“Thank you all. Working together, you saved a life. You jumped into action without a second thought, and you showed the world the best of Kentucky,” said Gov. Beshear. “Your actions remind us of the good in this world. You are truly what makes Team Kentucky so special.”

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