Northern Kentucky Tri-ED

Northern Kentucky Tri-ED

Northern Kentucky is posting strong jobs numbers for 2012. The Tri-County Economic Development Corporation reports 24 companies announced new locations or expansion projects last year, creating nearly 3,774 jobs.

Boone County Judge Executive and Tri-Ed Chairman Gary Moore says that's pretty good given the economic situation.

"This is the fourth highest as far as job creation... in our 25 year history," he says. "It's the seventh highest in capital investment. All of these are great signs that Northern Kentucky is positioned well for future growth and recovery."

Kentucky's Governor was in Florence Thursday morning for what Northern Kentucky Tri-ED called a major economic announcement.  Gov. Steve Beshear announced an expansion of the  L'Oreal manufacturing plant .

This summer it was reported that L'Oreal would invest 42 million dollars at the New Buffington Road facility, nearly doubling the size of the plant and creating 200 jobs. The expansion hinged on tax incentives from Kentucky.

L'Oreal makes hair care products at that location. It is one of six manufacturing facilities in the U.S.

iHerb, an online provider of natural products and food supplements, has announced it will establish a regional e-commerce headquarters in Northern Kentucky. The company is based in California and plans to build a new state-of-the-art e-commerce center at IDI's Park West industrial park in Hebron.