The opening of the BlueOval SK battery plants is set to bring significant economic and community changes to Hardin County, Kentucky. With the Elizabethtown-Fort Knox MSA Transformation Project closely studying the expected impact, the county is bracing for a population increase of more than 22,000 by 2026, thanks to this massive industrial development.
BlueOval SK, a $5.6 billion investment, is expected to generate 5,000 new jobs by the end of 2026. This will create employment opportunities and lead to a substantial boost in the local economy. As the president and CEO of the Elizabethtown Hardin County Industrial Foundation, Andy Garnes, noted, the excitement surrounding this growth is palpable, with the area poised for phenomenal development.
The two battery plants, which will be fully operational by mid-to-late 2025, are projected to create $265 million in plant payroll. This influx of income will have far-reaching effects on the county’s economy, driving growth across various sectors.
Benefits to the Community?
The BlueOval SK battery plants are expected to bring a host of benefits to the Hardin County community, including:
- 5,000 new jobs, boosting employment opportunities for local residents.
- $265 million in plant payroll, fueling the local economy.
- An increase in local businesses, including new restaurants, grocery stores, and small enterprises, driven by the rising population and demand for services.
- Schools and hospitals, like Baptist Health Hardin, are making significant investments to accommodate the growing population, including a $290 million upgrade to healthcare facilities.
- Local leaders and residents are enthusiastic about the growth and opportunities that the new plants will bring.
A Bright Future for Hardin County!
As the BlueOval SK battery plants continue to take shape, Hardin County is set to experience unprecedented growth. With thousands of new jobs, a surge in local businesses, and major infrastructure investments, the community is preparing for a brighter, more prosperous future. The ripple effects of this development will be felt for years to come, solidifying Hardin County’s position as a thriving economic hub in Kentucky.