BOWLING GREEN, Ky. – July 23, 2015 – Today, local officials, the Kentucky Transportation Cabinet, the Intermodal Transportation Authority and the Bowling Green Area Chamber of Commerce gathered at the Kentucky Transpark to celebrate the groundbreaking for the extension of Commonwealth Boulevard.
The extension will connect Commonwealth Boulevard to Mizpah Road, bringing more access to the Kentucky Transpark, including better access to the future site of Bilstein North America, a cold-rolled strip steel product producer. Bilsten’s announcement was the largest capital investment in the state of Kentucky for 2013. The $120 million project brings 90 new full-time jobs to the Kentucky Transpark. The new plant will allow Bilstein to serve major players in the automotive and automotive supply industry. Products made using cold-rolled steel include automatic transmissions and clutches, automobile safety parts, seat track and seat structure parts.
In addition to the extension of Commonwealth Boulevard, the Kentucky Transpark is currently undergoing multiple growth projects, including construction for a connector road from U.S. 31-W to Interstate 65.
“The Transportation Cabinet is proud to partner with the Economic Development Cabinet to fund the extension of Commonwealth Boulevard in the Transpark,” said Greg Meredith, Kentucky Transportation Cabinet District 3 chief district engineer. “This project, coupled with the I-65 to U.S. 31-W connector currently under construction, will improve safety and access for the entire region.”
In recent years, the Kentucky Transpark has been very successful. Currently, the Transpark is home to 10 companies, which employ more than 1,500 South Central Kentucky residents. The Transpark’s payroll totals more than $116 million. Over the next 10 years, the Transpark is projected to have nearly a $5.4 billion in economic impact in South Central Kentucky.
“For more than a decade, the Kentucky Transpark has served as a leader in economic development for our region,” said ITA chairman Gary Dillard. “With new infrastructure, such as the extension of Commonwealth Boulevard, the Transpark will continue to be an exceptional, convenient place to do business.”
“Thanks to the growth of the Kentucky Transpark, Bowling Green is flourishing,” said Mayor Bruce Wilkerson. “It’s advancements like today’s groundbreaking that have shaped the Transpark and made our community such a great to work and live.”
“South Central Kentucky is thriving, and having a state of the art business park like the Transpark has grown our economic development opportunities,” said Warren County Judge-Executive Mike Buchanon, “New and improved infrastructure in the Transpark only helps this cause, aiding our new and existing industries in their commerce.”
“We are proud to announce the extension of Commonwealth Boulevard in the Kentucky Transpark,” said John Mark Fones, Bowling Green Area Chamber of Commerce immediate past board chairman. “Companies who are looking to locate in Bowling Green can rest assured our community has excellent sites and infrastructure to be successful.”
South Central Kentucky has seen many success in economic development in 2015 in addition to Transpark growth. The Bowling Green Area Chamber of Commerce’s announced projects in expansion and retention will bring a total capital investment of $759,239,438 and 647 new jobs to South Central Kentucky.
For more information on the Kentucky Transpark, contact Ron Bunch, Bowling Green Area Chamber of Commerce president and CEO, at firstname.lastname@example.org or 270-781-3200.
Learn more about South Central Kentucky’s advantages at http://www.southcentralky.com/.
About the Bowling Green Area Chamber of Commerce:
Incorporated in 1935, the Bowling Green Area Chamber of Commerce is a 5-Star Accredited Chamber by the U.S. Chamber of Commerce and was named the 2009 Chamber of the Year by the American Chamber of Commerce Executives. As the fourth largest chamber in Kentucky, the Chamber serves as a premier business advocate for its more than 1,200 partners and is the driving force for economic development in South Central Kentucky. Its primary goals are to promote growth and success in the business community, reaching its small business partners and those in large industries alike. With leadership programs, governmental relations projects, educational initiatives and involvement opportunities, the Chamber aims to support the community and its neighbors in order to enhance the business climate and continue to grow the region. Learn more about South Central Kentucky’s advantages at http://www.southcentralky.com/.
Caitlin Greenwell, Marketing & Communications Coordinator
Bowling Green Area Chamber of Commerce