KY will protect taxpayers as Ford retools battery plant, says economic development head

By: Liam Niemeyer

Outlets: Kentucky Lantern

Published: February 4, 2026

Words: 843

Last Updated: 3 weeks, 1 day ago

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FRANKFORT — Kentucky’s economic development chief assured lawmakers Wednesday the state will hold Ford Motor Co. to its job commitments or claw back $250 million in state incentives as the company retools the BlueOval SK battery plant in Hardin County.

Jeff Noel, secretary of the Kentucky Cabinet for Economic Development, told the Senate Appropriations and Revenue Committee that Ford will assume responsibility for the entire $250 million forgivable loan provided by the state to …

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