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Governor Kelly Announces Kansas Tops $15B in Private Sector Investments Since 2019

Dec 20, 2022

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TOPEKA – Governor Laura Kelly announced today that since her administration took office in 2019, Kansas has attracted more than $15 billion in private sector investment. This significant economic development milestone has resulted in more than 53,000 jobs created or retained. 

“My administration has made Kansas a state where businesses have the support and stability they need to grow, hire, and succeed,” Governor Laura Kelly said. “These efforts have resulted in companies creating jobs across the state and corporations of all sizes from around the world choosing to be part of our historic economic development success.” 

Almost half of the total committed capital investment has occurred this year, with two more weeks of December still to be reported. Almost $7.5 billion has been generated in 2022 – twice that of last year’s record amount. The Panasonic electric vehicle battery manufacturing plant in De Soto announced in July accounted for $4 billion. Its impact on the state economy will become even more significant once its suppliers finalize site locations in Kansas. 

“The Kelly Administration continues to deliver on the promise to bring prosperity to the state,” Lieutenant Governor and Secretary of Commerce David Toland said. “The state is pursuing – and landing – the kinds of companies and industries that will deliver high-quality, sustainable jobs for generations to come.” 

The Department of Commerce has recorded 817 economic development successes since January 2019. These projects have landed in 83 of Kansas’ 105 counties.