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Andy Beshear: “These investments would total $550 million into our…”

Featuring: Andy Beshear, Democratic | Governor of Kentucky

Gov. Andy Beshear - Team Kentucky Update 04.30.26

Published April 30, 2026 | Video Starts at 17:36

So just this morning, several projects were approved by the Kentucky Independent Economic Development Finance Authority. 12 prospective new location and expansion projects were approved for performance based tax incentives. These investments would total $550 million into our communities. They create up to 759 full time jobs across our state and an additional 57,000 Kentucky jobs would be retained. (17:36–17:43)

CLAIM

Asserts that the new investments will total $550 million.

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

“As of today, we've crossed the $50 billion mark in private sector investment.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:21-16:27
“We've now crossed our jobs number with more than 70,000 new jobs announced.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:30-16:37
“A what is now $7 billion facility, which is what this is, would be the largest single investment in our history.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 21:38-21:47
“This industry supports more than 97,000 jobs and in 2024 welcomed 80 million visitors to our Commonwealth.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 24:37-24:45
“Changing families lives while continuing to reduce recidivism.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 14:59-15:08
“This [Supreme Court's ruling on the Voting Rights Act] is going to push our country backwards.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 15:42-1:01:56
“With over $7 billion in announced and approved investments since the beginning of my administration, we've now announced over 1300 private…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:09-16:22
“Breaking every development record that's out there.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:21-16:27
“We are past the second 70,000 new job mark.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:30-16:37
“My administration has now had the first, second, third and fifth best years on record and we've recruited the best jobs in our history.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:50-16:58
“It's having the best three year average for wages.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 16:59-17:03
“Last year our average incentivized wage was just under $30 an hour and we might break that mark this year.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 17:03-17:11
“Today we're announcing jobs that will range from just under $20 an hour to over $60 an hour.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 17:14-17:25
“They create up to 759 full time jobs across our state and an additional 57,000 Kentucky jobs would be retained.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 17:42-17:52
“Ford would assume all the obligations under the original transaction.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 19:28-19:33
“They're going to make a new additional $2 billion investment in the facility and they're going to create at least 2,100 full time jobs.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 19:35-19:44
“If they don't hit that 5,000 jobs, Kentucky will receive some of its money back.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 19:50-19:57
“Ford's announced, they are shifting to manufacture energy storage systems in Hardin county.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 20:02-20:08
“Our kids, our grandkids, and our great grandkids are going to have more shots of pursuing any dream they dream of in Kentucky than any…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 20:22-20:29
“That's why I made this project a priority for my administration.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 21:32-21:37
“Toothshore has announced plans to establish a new operation in Perry County with a $7.3 million investment creating 60 new full-time jobs.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 22:08-22:19
“In Perry County, Kentucky, they are going to pay $55.25 an hour on average.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 22:18-22:26
“Global Business Solutions announced plans to expand its Northern Kentucky operations this morning. This is a $6.8 million investment.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 22:58-23:08
“For the last 10 days, we have announced $6.3 billion worth of investment.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 23:04-23:15
“Those projects were approved for $12.98 million in state funding to improve available sites.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 23:52-23:59
“Kentucky tourism is a $14.3 billion industry that is essential to our economy, our people, our future.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 24:28-24:37
“It's breaking our tourism record three straight years in a row.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 24:56-25:07
“My administration is awarding $2 million in marketing funding to 94 tourism organizations across 82 counties.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 25:07-25:16
“Team Kentucky also broke ground on the Department of Criminal Justice Training West Gaines Brown Campus, a new training facility in…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 25:50-26:01
“The new campus gives Team Kentucky a permanent footprint in Western Kentucky law enforcement training and once completed will bring 20 full…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 29:01-29:15
“Through this partnership, 37 officers have already graduated from basic training in Madisonville.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 29:42-29:47
“After they paid their debt to society, we want inmates to be productive and successful members of their communities and to be a part of this…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 30:18-30:27
“My budget proposal included funding to construct and operate a game-changing reentry campus at North Point Training Center to serve up to…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 30:40-30:53
“On Monday, I was at Northpoint Training Center to sign House Bill 5, which officially authorizes the construction of this reentry campus.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 30:56-31:09
“This reentry campus will make Kentucky a national model when it comes to public safety and second chances.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 30:56-31:09
“Kentucky's families are going to be safer because of it.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 31:46-31:51
“No administration has created more [jobs].”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 44:20-44:26
“There are now 6,301 Kentuckians participating in apprenticeship programs compared to 4,345 in 2020.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 44:58-45:08
“The average starting hourly wage while someone is an apprentice in Kentucky is $19.39.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 45:22-45:30
“The average hourly wage for those upon completion of the [apprenticeship] program is $34.72.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 45:29-45:38
“Area Development Magazine recently ranked Kentucky number one in the entire United States in their Manufacturing Talent Pipeline Index.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 45:52-46:03
“I'm concerned about the moves several years ago that lessen the impact of the Faculty Senate [at the University of Kentucky].”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 50:11-50:21
“I'm still worried that while they didn't move forward with a $1 million job made out of thin air, that nobody's saying that maybe that was a…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 50:29-50:37
“There still has not been an explanation about, especially right now, why you'd create something that big that had never existed before.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 50:54-51:05
“Concerned about how the law school dean process was presented to the public and to trustees.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 51:06-51:13
“A process where the majority, even a super majority of faculty said no to that individual.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 51:50-51:58
“That's a part of ABA accreditation that's concerning.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 51:58-52:01
“The last concern I have is this proposed consolidation where about 1200 UK employees are going to be moved to, I guess a non profit or…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 52:12-52:23
“Many of them are union employees. And there's a real concern that they will lose a lot of their rights as public employees or as union…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 52:22-52:33
“I have confidence in Churchill Downs in that security plan.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 55:08-55:13
“The level of security at the Kentucky Derby is really significant, is state of the art and involves all levels of government, including the…”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 55:30-55:42
“The General assembly has now in two budgets put 400 plus million dollars towards their offices.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 56:18-56:25
“They are about $2 billion short in Medicaid and that's going to have major ramifications for providers all over the state.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 57:30-57:39
“Our fourth straight year, year in decreases in drug overdose deaths.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 58:30-58:36
“We've been close to or even almost leading the nation in the decrease [in drug overdose deaths].”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 58:30-58:36
“Expanding Medicaid to treatment services was a game changer.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 59:08-59:12
“We thankfully have funding through the state, some federal funding that helps us with those [treatment and recovery services].”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 59:36-59:43
“Since that kind of initial rumors and or I think prematurely announced cut from the federal government, they've backtracked.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 59:52-1:00:01
“The Voting Rights act was fought for by so many, so many civil rights leaders.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 1:01:55-1:02:02
“Racism still exists today and there are people out there that feel that from major parts of our society.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 1:03:03-1:03:17
“These were the types of laws that were passed to try to do a little bit better.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 1:03:17-1:03:21
“The Supreme Court's always supposed to lean towards justice.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 1:03:32-1:03:37
“What they've done, in my opinion, is an injustice.”
Gov. Andy Beshear - Team Kentucky Update 04.30.26 | Uploaded April 30, 2026 | 1:03:36-1:03:39