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Andy Beshear: “Just yesterday we celebrated a $1 billion investment from GE…”

Featuring: Andy Beshear, Democratic | Governor of Kentucky

Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities

Published September 3, 2026 | Video Starts at 00:51

And despite national headwinds, we are not slowing down. I want to kick off today's economic update with a game changing announcement that came out yesterday afternoon. Just yesterday we celebrated a $1 billion investment from GE Appliances and the IUE CWA. This announcement establishes Louisville's Appliance park as the single largest home appliance manufacturing site in the United States. That's right, it is in the Commonwealth of Kentucky. (00:51–00:59)

CLAIM

Asserts a $1 billion investment from GE Appliances and the IUE CWA.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Andy Beshear

“This announcement establishes Louisville's Appliance park as the single largest home appliance manufacturing site in the United States.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 00:58-01:07
“This news now put us at 17 federally declared weather disasters in the last six and a half years.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 06:53-07:01
“American families are paying 90% of all of these tariffs.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 10:05-10:11
“Kentucky families could pay more than $330 billion in tariff costs in 2026.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 10:13-10:18
“Spirits exports have plummeted with an 85% decrease in Canada, a 12% decrease in the EU, nearly 30% decrease in the United Kingdom, and a…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 11:56-12:00
“Four straight years of our drug overdose deaths decreasing in Kentucky.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 37:26-37:31
“The Strait of Hormuz was closed, and it is the single cause in how high gas prices are.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 38:53-39:00
“Since the beginning of this administration, I've now announced over 1300 private sector new location or expansion projects totaling over 51…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 00:13-00:25
“We've created more than 70,000 new jobs, also a record.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 00:36-00:41
“GE Appliances will invest more than $400 million to transform Building 5 into a high output manufacturing operation for dryers.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 01:10-01:20
“They're going to invest another $112 million in building one to add new equipment and redesign existing washer and dryer platforms.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 01:27-01:36
“They announced $490 million investment in building two to produce front load washers and combo washer dryers that will begin production in…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 01:37-01:47
“Complete applications that are received by November 1st will be fully reviewed for the 2026 tax credit eligibility.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 02:32-02:40
“Tax credits are available to eligible companies that added at least one new full time employee and invested more than $5,000 in qualifying…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 02:39-02:48
“Kentucky small businesses that are creating jobs and that are investing in their communities can apply for a tax credit to of up to $25,000.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 02:51-02:55
“These three projects were approved for nearly $5.3 million in state funding.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 03:25-03:28
“Following my request to President Trump and FEMA, public assistance has been approved for at least 20 counties affected by the widespread…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 05:29-05:40
“65 rescues in just a couple of small areas show the coordination, the changes that we've made.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 07:09-07:18
“The 20 counties that were included in the public assistance are Bullitt, Butler, Clinton, Cumberland, Garrett, Grayson, Greene, Hardin…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 07:31-07:56
“Trimble was not included. We're not sure why. We think it could potentially be a mistake.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 07:55-08:01
“100% of donations go directly to survivors of severe weather.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 08:18-08:23
“In 2025, Americans paid $310 more on average, just for grocery store goods.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 10:46-10:52
“Drivers are paying an average of $575 more for gas this year than they did in 2025.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 10:58-11:05
“The average electric bill is spiked by $110.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 11:19-11:23
“Trump's harmful tariff and trade policies are causing prices to skyrocket and harming essential Kentucky industries like agriculture…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 11:33-11:38
“My administration has secured an additional $18 million in FEMA disaster funds to reimburse these hospitals for expenses they incurred…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 13:39-13:46
“We'd expanded Medicaid. Because we had enough money flowing through the system, we were able to keep our rural hospitals open.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:02-15:09
“This funding was owed to these hospitals under the president's emergency declaration.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:28-15:33
“The more than $18 million announced today builds on news I shared in May.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:35-15:40
“That's when we secured an initial $105 million for those hospitals.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:39-15:46
“These reimbursements were costs associated with patient care, materials and supplies, ppe, emergency protective measures, medications, and…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:45-15:56
“I believe healthcare is a basic human right and everybody out there should be able to see a doctor in their own community.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 15:55-16:03
“The Christian Appalachian Project opened their expanded food pantry in McKee. The food pantry has served that community for 40 years.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 22:34-22:42
“Last year, they provided meals for more than 6,400 families.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 22:41-22:46
“Their new location is going to triple their capacity so that they can help each other even more.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 22:45-22:48
“In Kentucky, we've launched multiple programs to help provide food to students over summer break.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 23:39-23:43
“As governor, I've directed more funding to senior meals than any administration in history.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 23:42-23:47
“I even sued the federal administration when they stopped providing SNAP during a government shutdown. We won.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 23:51-23:57
“I also signed an executive order directing $5 million to Feeding Kentucky to support area food banks.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 24:07-24:15
“Directed the Kentucky National Guard to help staff those facilities.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 24:14-24:18
“Team Kentucky is investing over $18.8 million in grants funding to cities and counties to support 18 new projects in the commonwealth.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 28:38-28:50
“In Columbia, nearly $1.4 million will go toward a sidewalk improvement and expansion project.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 29:03-29:07
“In Prestonsburg, $976,000 will help construct a pedestrian and bicycle bridge.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 29:48-29:55
“Team Kentucky has answered the call for help. We've sent more than 80 dedicated Division of Forestry professionals to assist with wildfire…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 31:48-31:57
“Kentucky teams have been on the ground since mid-July, working side by side with local and federal agencies on some of the nation's largest…”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 32:32-32:42
“Since I became governor, we have seen more jobs created than ever before.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 35:44-35:48
“Gas prices are going to be the highest maybe in my lifetime, but certainly in the last several years.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 38:36-38:47
“It's all the fault of one individual, and that's President Trump, who decided to go to war with Iran.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 38:46-38:54
“I want the federal Congress to consider reducing the gas tax for a period of time.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 39:11-39:17
“The president's number is likely wrong.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 40:33-40:37
“We are going to get federal help on the cleanup the counties and cities did on the road damage.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 41:01-41:09
“The measles vaccine is safe and everybody should get it.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 44:24-44:29
“Virtually every doctor in America and every credible doctor in America says that we should get the measles vaccine.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 44:29-44:38
“I hope that congress gets its act together and does not crater our hemp industry.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 45:23-45:28
“There are plenty of uses for hemp. We see them all over Kentucky.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 45:27-45:34
“This is an industry and a crop that is important to us.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 45:33-45:38
“We've got to figure out a way to control increasing rates.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 46:02-46:07
“Our utilities are having to invest and to modernize, but our families are just hit by too many costs.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 46:07-46:15
“We have seen flock cameras solve some crimes and even prevent some crimes.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 47:35-47:41
“We have also seen numerous abuses around the country that cannot continue.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 47:40-47:46
“The right policies have to be in place. The right supervision has to be in place. The right audits have to be in place.”
Kentucky Gov. Andy Beshear Holds Press Briefing On Economy And State Priorities | Uploaded September 3, 2026 | 47:46-47:52