Festo, a German-based manufacturing company, is moving its production, assembly and distribution facility from Long Island, New York to Mason. The new 175,000 sq. ft. building will open in 2015 along the growing I-71 technology corridor on a 45-acre site. Earlier this year WVXU reported Mason has created nearly $110 million in new investment and created 1,400 new jobs since 2011.
While the employment outlook for new college graduates is more encouraging than it has been the last two years, a survey released last month by the National Association of Colleges and Employers showed the job market still remains flat for recent grads.
Northern Kentucky is posting strong jobs numbers for 2012. The Tri-County Economic Development Corporation reports 24 companies announced new locations or expansion projects last year, creating nearly 3,774 jobs.
Boone County Judge Executive and Tri-Ed Chairman Gary Moore says that's pretty good given the economic situation.
"This is the fourth highest as far as job creation... in our 25 year history," he says. "It's the seventh highest in capital investment. All of these are great signs that Northern Kentucky is positioned well for future growth and recovery."