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Henderson Economic Development Announces Five-Year Capital Campaign

Henderson, KY, USA / WSON AM & FM
Henderson Economic Development Announces Five-Year Capital Campaign


Henderson Economic Development publicly kicked off a new five-year capital campaign Thursday with an official announcement at the new Rhythm River Distillery in downtown Henderson.

With over 100 current and new investors in attendance, Co-Campaign Chairs Ben Johnston, Pittsburg Tank & Tower Group, and Kate Faupel Grealish, Faupel Automotive, reported that the organization had already raised $2,542,000, which is almost 85% of the $3 million goal.

“To say I / We are excited is an understatement,” Johnston said. “Thank you to our investors and our community for the TRUST and BELIEF you have shown through your pledges and support to HED. As we have done for the last five years (where does time go), we will continue to be good stewards of the resources you so generously have provided. Onward and upward are words that come to mind as we pack our tool chest for the journey.”

HED shared its new five-year strategic plan of specific strategies within three initiatives:

  • Business Retention & Expansion
  • Workforce Development
  • Industry Attraction & Recruitment

Kate Faupel Grealish of Faupel Automotive serves as the HED Board Chair.

“Henderson has seen tremendous economic growth over the past 5 years, and HED’s new strategic plan positions us to build on this momentum and reach new heights,” Grealish said. “The future is bright in Henderson County thanks to the support of our past, current, and incoming investors.”

The five-year goals are: 1,000 new and retained jobs created through expansion and recruitment, $800,000,000 in capital investment, 2,500 Henderson County students to participate in at least one career awareness program, and 200 new income-aligned housing units adjusted on housing analysis.

Henderson Economic Development Executive Director Missy Vanderpool stated, “We are excited to launch the next chapter in HED’s story. Our new five-year initiative will build on the success we have seen over the last five years and position Henderson for even greater opportunities in the years ahead. We will continue to be thoughtful, strategic, and focused on building a strong future for our community. We are so incredibly thankful for the trust and partnership of our investors and our community.”

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