Like big spenders in a high-stakes poker game, Southeastern states are looking for more aggressive incentives to attract auto industry investment in the next wave of plant projects.
Kentucky is beefing up its ability to grant incentives to compete with its neighbors, while showcasing its more natural attractions to auto companies. This summer, the state passed a bill that was signed into law expanding eligibility for auto companies, among others, to receive special incentives if they meet certain investment or employment thresholds.
Kentucky already has attracted its share of big projects. It is home to Toyota, Ford and General Motors plants, all of which have undergone major investment projects. But now state officials are getting more aggressive.