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Thu April 25, 2013
Tiffany & Co. Bolstering Workforce By 75
LEXINGTON, Ky. - State and local officials are hailing the announced expansion of operations at Tiffany &Co. in Lexington as the latest indication that Kentucky is on the rebound economically.
Tiffany senior vice president of operations John Petterson dubbed the partnership between his company and Lexington a happy marriage. The jewelry manufacturer announced it intends to add 75 new jobs, a $2M investment.
Lexington Mayor Jim Gray says April has been one of the strongest months for jobs in recent memory.
"Tiffany led a parade coming out the recession three years ago by announcing their location here in Lexington and that parade since has included companies like Bingham McCutchen last year, like the announcement by Toyota just last week," Gray says.
Toyota plans to start building its Lexus ES 350 at its Georgetown plant, adding 750 jobs.
While employment numbers have returned to pre-recession levels in Lexington, Gray admits the effects of the recession mean too many are still without work.