Kentucky’s I-71 Corridor is the Right Place for Growing Businesses
Located along Kentucky’s I-71 Corridor where Louisville and Cincinnati meet, this 60 mile stretch offers businesses the space they need to grow, access to a strong workforce and a robust infrastructure.
Here are some of the reasons businesses are choosing Kentucky’s I-71 Corridor.
- This is the logistics capital of the country, in the center of the logistics hub with the UPS Worldport, Amazon Prime Air (their hub for Prime shipping), and DHL are located within our region
- We are the New Steel Capital of the United States
- Labor cost 20% less than the U.S. average
- Our utility costs are low and save businesses money
- We’re in the center of Kentucky’s Golden Triangle and near automotive and aerospace OEMs
- Businesses have access to a large water supply through a fresh aquifer
- We’re between two major airports
With a cumulative population of 119,980, Carroll, Gallatin, Henry, Oldham and Owen Counties offer everything a business needs to succeed, including hands-on support with site selection, incentives and workforce development programs through Kentucky I-71 Economic Development Alliance (KIEDA). We provide support to businesses interested in benefiting from the region’s connectivity.
Agriculture to Industry
Known as the Steel Capital of Kentucky, Carroll County is home to North American Stainless, which is the largest stainless steel producer in the US and 2nd largest in the world. The growth of Nucor Steel is another regional example of our move to heavy industry. With a history heavily focused on agriculture, this connected region has pivoted to become highly industrialized. Our region is now highly diverse, ranging from global steel producers and manufacturing companies to the largest winery in the state and a strong tourism industry.
We are in the middle of the world’s largest distributors. Businesses looking to relocate to the I-71 Corridor will discover the advantage of low business costs, affordable and available land, 4 shovel ready business parks, barge access along the Ohio River, and a large available workforce pool. Close proximity to UPS Worldport in Louisville, along with Amazon and DHL in Cincinnati demonstrate how convenient the region is for distribution. There are additional location benefits,such as the proximity to 2 international airports - the Louisville International Airport and Cincinnati/Northern Kentucky International Airport.
From a cost perspective, the I-71 Corridor offers businesses sites at a low price, utility rates that are among the lowest in the country, and a workforce that costs 20% less than the national average. Some of the businesses leveraging these advantages are Nucor Corporation, Dorman Products, Pounds of Plastic, Dow Chemical and North American Stainless. These businesses have chosen the I-71 Corridor for its convenience to Louisville and Cincinnati, affordable cost of living, affordable and available land close to the Ohio River, and a dedicated workforce with a strong sense of community.
Additional advantages include:
- 3.3 million gallons wastewater treatment facility in Carroll County
- Kentucky Utilities Power Plant is located in our region, offering businesses access to low cost energy
- Highly educated and skilled workforce
- Low tax rates
- 791-acre General Butler State Resort Park boast 200,000 tourist annually and includes a Convention Center that local businesses can use for meetings