Business

Business
3:34 pm
Wed July 16, 2014

TeleTech Brings Hundreds of Jobs to West Kentucky

Credit http://www.teletech.com/

Customer service agency TeleTech is adding 300 employees at its new center in Paducah and an additional 300 to its Hopkinsville location, bringing total employment between the two locations to 1,000.  

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Business
2:28 pm
Tue July 8, 2014

Owensboro Airport Expanding

Credit Wikimedia Commons

The Owensboro-Daviess County Regional Airport has seen marked growth over the last few years and shows no sign of stopping.  The airport has expanded its runway to 8,000 feet, making it the third airport in Kentucky with a runway 8,000 feet or longer (CORRECTED: WKMS originally reported the Owensboro runway was the third longest in Kentucky). 

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Business
2:23 pm
Tue July 8, 2014

USEC Seeking Restructuring Plan Endorsement From Creditors

Credit USEC

The United States Enrichment Corporation is seeking endorsement from creditors for its ongoing restructuring plan. The U.S. Bankruptcy Court approved the act yesterday.

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Business
2:29 pm
Mon July 7, 2014

Aluminum Plant Groundbreaking Signals Economic Recovery

An economics researcher says a groundbreaking for an aluminum plant in western Kentucky sends a bigger message about economic recovery.  Governor Steve Beshear, who was joined by other public and private sector officials, broke ground last week on a $150 million dollar aluminum production plant in Bowling Green. 

 

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Business
6:38 pm
Fri July 4, 2014

Ky. Distilleries Set to Receive Bourbon Barrel Tax Credits Next Year

The M.B. Roland Distillery operates in Pembroke, Ky.
Credit mbrdistillery.com

A new state law aims to soften the impact of property taxes on Kentucky’s bourbon distilleries.

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Business
7:52 am
Fri July 4, 2014

Immigration Reform Could Help Kentucky Economy

Credit kypolicy.org

The study, “New Americans in Kentucky,” was published this week by the Kentucky Center for Economic Policy. It found that immigrants make up 3 percent of the state’s population, with one-in-five immigrants to Kentucky originating from Mexico. Kentucky’s immigrant population grew faster than all but six states from 2000 to 2012.

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Business
11:58 am
Thu July 3, 2014

Massac County Receives $3.5M Property Donation

Credit Facebook

A Metropolis, Ill. bank is donating its current building and some residential property to Massac County to house some government functions currently located at the Massac County Courthouse. The estimated $3.5 million worth of property comes from Banterra Bank. 

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Business
11:42 am
Wed July 2, 2014

Paducah’s Mail Processing Facility Set to Close, Could Lead to Longer Delivery Times

Credit wikipedia.com

Mail delivery times could lengthen in the Purchase area with the oncoming closure of Paducah’s processing plant.

The US Postal Service announced the consolidation of more than 80 mail facilities this week.

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Business
6:50 am
Wed July 2, 2014

Paducah Closer to New Downtown Hotel

Credit Lance Dennee

The city of Paducah is one step closer to a new downtown hotel. The Kentucky Tourism Development Act Authority Board approved $4.5 million in tax credits to build the Hilton Garden Inn at the pavilion site adjacent to the Julian Carroll Convention Center according to Paducah Riverfront Development Authority director Steve Doolittle.

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Business
11:13 am
Tue July 1, 2014

Proposed Gas Pipeline to Route Through Henderson

The green line is the proposed route for the Southern Indiana Market Lateral.
Credit http://www.txgt.com/ExpansionProjects.aspx?id=4294967397 / Texas Gas Transmission, LLC

Texas Gas Transmission is planning to build a 30 mile natural gas pipeline through Henderson County, Kentucky. Known as the Southern Indiana Market Lateral, it will extend from Texas Gas mainline facilities in southern Henderson to Posey County, Indiana, to serve the new Midwest Fertilizer and SABIC Innovative Plastics plants.

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