Corporations Shower Right-to-Work Kentucky with Investment

August 28, 2018 By E.J. Smith - Your Survival Guy

By mikhnenko773 @ Shutterstock.com

Most companies looking to invest their dollars in new production facilities simply aren’t willing to risk the inefficiencies and disruption caused by forced unionism, and so they build in Right-to-Work states.

Kentucky, says Craig Bouchard, CEO of Braidy Industries, wasn’t even on the company’s list of possible destinations until it enacted a Right-to-Work law last year. Since then Braidy has begun construction on a $1.5 billion mill that will employ 600 people producing aluminum for the aerospace, defense, and automotive industries.

The National Right to Work Committee, which pushed for the law’s enactment, explains the effect of the Right to Work law in Kentucky here:

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National Right to Work Committee Vice President John Kalb said the fact that the Braidy rolling mill is being built in Greenup County is just one of many pieces of evidence that Kentucky’s grass-roots foes of forced unionism were right all along.

“Right to Work supporters played a key role three years ago in helping then-gubernatorial candidate Matt Bevin [R], who had pledged to make unionism voluntary, secure the Kentucky governorship by a decisive 85,000-vote margin,” recalled Mr. Kalb.

“And after Big Labor House Speaker Greg Stumbo [D-Prestonburg] thwarted Mr. Bevin’s efforts to end Kentucky’s status as a forced-unionism state in 2016, these same grass-roots citizens ousted Mr. Stumbo from office and reduced overall House Right to Work opposition from an estimated 60-40 majority to a 58-39 minority.

“Throughout the multiyear campaign to revoke Kentucky union officials’ forced-dues and forced-fee privileges, the National Committee and its members gave encouragement and counsel to the state’s freedom-loving citizens.”

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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