$15 billion invested in Kansas’ private sector since 2019

Topeka, Kansas (WIBW) – About $15 billion has been invested in Kansas’ private sector since 2019, according to the governor.

Kansas Governor Laura Kelly announced Tuesday that the Sunflower State has attracted more than $15 billion in private investment since taking office in 2019. She said the key economic development milestone has created or maintained more than 53,000 jobs in the central Midwest.

“My administration has made Kansas a state with the support and stability businesses need to grow, hire, and thrive,” Kelly said. “With these efforts, businesses have created jobs statewide and businesses of all sizes around the world have chosen to be part of a historic economic development success.”

Governor Kelly noted that nearly half of the committed capital investment has been made within the past year. She said about $7.5 billion will be generated in 2022. That’s double her record amount from last year.

Kelly pointed to De Soto’s Panasonic electric vehicle battery manufacturing plant, which was announced in July, accounted for $4 billion. She said the impact on the state’s economy will be even more significant when suppliers finalize site locations.

“The Kerry administration continues to deliver on its promise to bring prosperity to the state,” said Lieutenant Governor and Secretary of Commerce David Toland. “The state seeks out and lands businesses and industries that will provide high-quality, sustainable jobs for the next generation.”

The Ministry of Commerce said it had recorded 817 successful economic developments since January 2019. These projects say he is located in 83 of the 105 counties.

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