FRANKFORT, Ky. (AP) -- Republican Gov. Matt Bevin says he will announce a project that will bring jobs to struggling eastern Kentucky.
Bevin has scheduled a news conference at the McConnell House in Wurtland at 1 p.m. Wednesday. The Kentucky Economic Development Finance Authority has also called a special meeting at 12:30 p.m. Wednesday to consider incentives for a project in Greenup County.
On the final day of the legislative session, state lawmakers agreed to let Bevin borrow up to $15 million to land a mystery project in eastern Kentucky. Bevin promised lawmakers the company would invest up to $1.3 billion and create 500 jobs with an average salary of $75,000 per year. It passed without a dissenting vote.