Annual & Mid Year Reports

2021 Mid Year Report

Click HERE for the complete report.

Since the March 31 mid-point, KEDC closed two expansion projects and is negotiating a third. Together the two projects represent projections as shown below. New and retained investment together is about twice the total investment of most years and exceeds all of the past five years with the exception of the year Orgill expanded.

Agreements	Jobs Under Contract	Investment Under Contract
2	427	$49,263,000

In addition to these projects the pipeline of leads and potential projects continues to grow. Last fiscal year, the number of leads exceeded expectations. So far, 2021 is on pace to equal 2020 lead generation. KEDC staff cultivated 34 leads, of which 24 were actionable. Nine of the 10 leads in which we were unable to respond were sourced from the State. The other lead was presented to KEDC from a broker. The overall number of leads is consistent from last year but grew from the previous year by 21 percent.

Internal KEDC activities continue to be the leading source for actionable leads. Internal KEDC activities include both inbound and outbound marketing.