Astemo Invests $112M in Kentucky EV Future | Lexington News

Astemo Americas is pouring $112 million into expanding its EV motor manufacturing in Madison County, Kentucky—adding 114 new jobs and nearly 300,000 square feet of space. This is just the start: a potential $379 million investment could create up to 282 more jobs across Kentucky. The company, rooted in the state since 1985, sees Kentucky as central to its U.S. operations and credits local leaders for enabling this growth. With the governor calling it proof of Kentucky’s leadership in advanced manufacturing and the mayor hailing it as a generational boost, Astemo’s expansion signals a major leap forward for the region—and a bold bet on the future of electric vehicles. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/eea230e638e68388