Business

Business
4:16 pm
Thu May 30, 2013

Asian Carp Processing Plant Brings 50 Jobs to Wickliffe

Credit Whitney Jones / WKMS

An Asian carp processing plant opened today in Wickliffe.

The Two Rivers Fishery plans to create 50 jobs, invest more than $2.5 million in the project and add to Kentucky exports.

The plant will blast-freeze processed fish for shipment to South East Asia. The by-products of the invasive fish can also be used in fertilizer. The plant plans to process and sell up to 10,000 pounds of Asian carp per day.

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Business
12:52 pm
Thu May 30, 2013

PACRO Plans to Assist Displaced Plant Workers

Credit http://www.usec.com/gaseous-diffusion/paducah-gdp

The Paducah Area Community Reuse Organization or PACRO is working with union and economic development officials to garner support for soon to be unemployed workers at the Paducah Gaseous Diffusion Plant. USEC announced last week it won't continue it's enriching process at the Department of Energy owned site. 

Purchase Area Development District Special Projects Coordinator Mary-Anne Medlock said workers will soon receive a survey to help understand the plant's demographics to aid in an seeking an emergency grant from the Department of Labor.

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Business
7:40 am
Thu May 30, 2013

Henderson-Based Company Adding 160 Jobs

A Henderson company is expanding its operations there with a $22.8 million investment and 160 new jobs. Gov. Steve Beshear's office says Gibbs Die Casting was established in 1965 and is owned by Koch Enterprises. It operates eight factories for aluminum and magnesium casting, machining, assembly and die building with facilities in Hungary, Brazil and China.

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Business
7:39 am
Thu May 30, 2013

Wal-Mart Foundation Gives To KY Recovery Centers

The Wal-Mart Foundation is providing grants to two substance abuse treatment centers in Kentucky. Commonwealth First lady Jane Beshear announced Wednesday that $10,500 will go to the Cumberland Hope Community Center for Women in Evarts and $10,000 will go to the Trilogy Center for Women in Hopkinsville.

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Business
7:35 am
Thu May 30, 2013

Probe Of Well-Connected Truck Stop Chain May Widen

The federal investigation into the truck stop chain owned by the family of Tennessee Gov. Bill Haslam and Cleveland Browns owner Jimmy Haslam led to its first convictions this week and threatens to widen against employees at Pilot Flying J.  Court documents allege that sales teams were being trained on how to scam the company's customers out of rebates and get away with it. Pilot's regional sales director and regional accounts representative both pleaded guilty yesterday  to conspiracy to commit mail fraud.

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Business
10:12 am
Mon May 27, 2013

Obion County Unemployment Rate Improves

Credit iStockPhoto

Obion County is no longer among the top-10 Tennessee counties with the highest  unemployment rates.

The state’s April job figures indicate that, for the first time in almost two years, the county’s 11.5 percent jobless rate is just outside the worst in the state.

Obion’s higher percentages are due mainly to the Goodyear plant closure in Union City two years ago. The tire manufacturer was the county’s largest employer with almost 2,000 jobs.

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Architecture
4:49 pm
Wed May 22, 2013

Boston Architect Designs Soaring Center Building for Discovery Park of America in Union City

Credit Chad Lampe

Obion County, Tennessee, looks to a fantastic new attraction near Union City to bring many thousands of visitors annually. The Robert E. and Jenny D. Kirkland Foundation is Discovery Park’s principal benefactor. Mr. Kirkland ultimately chose Louis Siriani to be the architect for the 100,000 square foot center of the new 50-acre Discovery Park of America. Since 1984, Siriani's been a principal of the Boston architectural firm Verner Johnson, Inc, which specializes in planning and designing museums which in this country alone draw millions of visitors a year. Mr. Siriani has planned and designed science and technology, history, and multi-disciplinary museums all over the country and the world. He spoke with Kate Lochte about working with Mr. Kirkland and the Union City community for this ambitious project.

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Business
11:24 am
Fri May 17, 2013

Coalition Forms to Oppose Electricity Rate Increase in Western Kentucky from Smelter Deal

Credit Big Rivers

A coalition of western Kentucky businesses and residents has formed in hopes of minimizing the fallout of an electricity rates deal between Big Rivers Electric Co-Op and western Kentucky aluminum smelters.

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Business
3:20 pm
Thu May 16, 2013

Paducah Coca-Cola Plant Takes Steps Toward National Historic Register

The Paducah Coca-cola plant under construction in 1939
Credit Picture courtesy of Don Howell

  

  A Paducah building which sat for years and in disrepair has now received initial approval for the National Register of Historic Places. 

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Business
2:58 pm
Wed May 15, 2013

Lourdes Reduces Workforce

Lourdes Hospital of Paducah has laid off 1.9% of their non-clinical and management workforce.

Hospital spokesman David Simmons would not confirm the total number of people who lost their jobs, however using the 2012 staffing totals would bring the number to approximately 30. Simmons wouldn’t say why the hospital is reducing its workforce.

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