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127 N Main St, Versailles, KY, United States
859.309.0099

Doing Business in Woodford County

Woodford County’s economy has been heavily influenced by the bourbon distilling and horse racing industries but has grown to include so much more. With our location in Central Kentucky, you’re within a day’s drive of two-thirds of the U.S. population which is ideal for manufacturing and distribution, in addition to many family-owned businesses.

We’re work-ready in Woodford County

Woodford County, Kentucky boasts an available workforce of over 13,000 skilled and educated workers. Top trades in the area include agriculture, manufacturing, service, and technology. As of February 2021, the unemployment rate for Woodford County, Kentucky, was 3.7%, well below the regional and national average.

13,3838

civilian labor force

63%

participation rate

3.7%

unemployment rate

Agricultural Economic Clusters

Woodford County believes our community should pursue land and economic development policies that build "from the ground up," in addition to its existing development strategies. A significant springboard for Woodford County’s economic, environmental and cultural future is our agricultural economic cluster.

  • What is an economic cluster?

    These are geographic concentrations of a mix of related industries interdependent through various linkages (knowledge, skills, inputs, demand, and others) and supportive institutions. Clusters are based on unique strengths, and unique products and services and flourish in part because of the presence of a large, skilled, and knowledgeable labor pool.

  • Why are economic clusters a springboard for economic vitality?

    The co-location of interdependent businesses – firms that produce and sell inputs, purchase inputs and sell outputs – combined with the processes of competition and cooperation, leads to increased productivity. In a cluster, firms have access to more suppliers and specialized support services, experienced and skilled labor and the knowledge sharing that occurs when people meet and talk about business. A concentration of such related firms attracts new firms and entrepreneurs and generates the innovation that provides additional opportunities for economic growth.

  • What has been the impact of Woodford County’s Agricultural Cluster?

    • It is estimated that 2,783 jobs are attributed to the Ag cluster. 1 out of every 3 jobs is directly or indirectly associated with the Agricultural Cluster. 
    • In addition, the Agricultural Cluster generates more than $565 million in revenue annually and $340.2 million dollars in additional income, profits, and dividends. It is estimated that the Agricultural Cluster’s contribution to the local tax base (payroll taxes) is $1.1 million.

Infrastructure & Utilities

In the heart of the Bluegrass

Woodford County is part of the seven-county Lexington-Fayette Metropolitan Statistical Area (MSA), including Fayette, Bourbon, Clark, Madison, Jessamine, and Scott Counties, and is located in the heart of the Bluegrass region.

Roads & Highways

Woodford County offers multiple connections to major roadways including I-64, I-75, US Highway 60, US Highway 62, and the Bluegrass Parkway. These roads are free of tolls, a part of the national truck network, are multi-lane highways. The major cities, like Louisville and Lexington, are less than an hour’s drive.

Active Railroads in Woodford Co.

Woodford County has direct access to Class III Rail from RJ Corman with connection to Class I Rail in Louisville, Kentucky, including connection to CSX Transportation and Norfolk Southern railways. Additionally, there is access to the Louisville Riverport Rail.

Quick Access to Airports

Kentucky ranks 2nd in the nation in total air cargo shipments. That is because Kentucky businesses are served by two international airports and three global shipping hubs, giving companies a leg up on getting products, papers, and packages into the global stream of commerce. With the Blue Grass Airport only 15 miles away and the Louisville Muhammad Ali International Airport only 74 miles away, products manufactured in Kentucky can get anywhere in the world virtually overnight.

Historically Low Electric Costs

Kentucky has long enjoyed a competitive advantage in the provision of energy, natural gas, and water. Businesses benefit from Woodford’s low-cost options. Learn more about the utility options available.

2016 

Announcement: $57 million and 310 new jobs


2019 

Expansion: $20 million and 90 new jobs

Over $30 million in CapX since 2015

2016 

Announcement: $47 million and 262 new job


2019 

Expansion: $27.5 million and 100 new jobs

Announces $3.9 million expansion and move to Woodford County 

2016 

Expansion: $5 million and 134 new jobs

2017 

Expansion: $7.5 million 

2018 

Expansion: $6.5 million and 80 new jobs

2019 

Announcement: $5 million and 13 new jobs

Recent Expansions

Subscribe to the latest news from Woodford County

2016 

Announcement: $57 million and 310 new jobs


2019 

Expansion: $20 million and 90 new jobs

Over $30 million in CapX since 2015

2016 

Announcement: $47 million and 262 new job


2019 

Expansion: $27.5 million and 100 new jobs

Announces $3.9 million expansion and move to Woodford County 

2016 

Expansion: $5 million and 134 new jobs

2017 

Expansion: $7.5 million 

2018 

Expansion: $6.5 million and 80 new jobs

2019 

Announcement: $5 million and 13 new jobs

2020 

Announcement: $20.5 million and 47 new jobs

Recent Expansions

Subscribe to the latest news from Woodford County

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