Business

Business
8:21 am
Mon March 4, 2013

Beshear To Make Economic Development Announcement In Fulton

Kentucky Governor Steve Beshear will be in Fulton at 2 this afternoon to make an economic development announcement. Although it isn’t known what the announcement will be about, there is speculation of a candle factory bringing jobs to the community.

Business
9:00 am
Sun March 3, 2013

VMV Paducahbilt Is Alive And Growing

Bob Pedersen stands next to one of VMV's unifinished locomotives.
John Paul Henry

VMV Paducahbilt, a subsidiary of National Railway Equipment, is one of the oldest locomotive factories in America and one of the largest suppliers of locomotives in the world. Built in 1925 by the Illinois Central Railroad, this factory hasn’t shut its doors in 85 years. The facility, located off Kentucky Avenue, is a testament to how big rail is alive and growing.

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Business
12:57 pm
Fri March 1, 2013

Alcohol Vote Coming to McCracken County Precinct

Credit iStock

A petition to allow alcohol sales is going to the ballot in The McCracken County Maxon Precinct, near West Paducah.

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Business
4:18 pm
Mon February 25, 2013

GE-Hitachi May Be Interested In Operating Paducah Gaseous Diffusion Plant

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

GE-Hitachi may be one of other possible companies vying to operate the Paducah Gaseous Diffusion Plant if current operations at the plant cease. The United States Enrichment Corporation (USEC) employs around 1,000 workers and currently leases the 3,500 acre uranium enrichment operation. USEC’s operations are set to end in May.  

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Business
2:17 pm
Mon February 25, 2013

How iwis and Kemmerich Came to Murray, Partnerships with MSU

Mark Manning, President. Murray-Calloway County Economic Development Corporation, and Jim Carter, Vice President Institutional Advancement, Murray State speak about the time-frame of two German industries, iwis and Kemmerich, establishing themselves in Murray and hiring and the prospect of partnerships with the University.

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Business
10:06 am
Mon February 25, 2013

Owensboro expects $20M lift from sports tourism

Sports tourism is expected to have a $20 million impact on Owensboro this year.  Jared Bratcher is sports marketing director for the Owensboro-Daviess County Convention & Visitors Bureau.  He tells the Owensboro Messenger-Inquirer there will be more than 50 tournaments, including figure skating, hockey, baseball, running, soccer, softball, basketball, tennis, volleyball, fishing and football.

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Underwriter Spotlight
3:01 pm
Wed February 20, 2013

February Underwriter Spotlight: Paducah Bank

Last year, WKMS proudly welcomed Paducah Bank as a new underwriter and corporate partner. This year, Paducah Bank is celebrating a milestone 65th anniversary. After creating a charter in the summer of 1947, the Paducah Bank opened for business in January of 1948 with total assets of $100,000.

After 65 years of banking and financial services, Paducah Bank remains the only locally-owned bank in the Paducah and has earned numerous accolades including Best Place to Work in Kentucky (2006), Paducah Area Chamber of Commerce's Business of the Year (2008), and one of the Top 15 Small Workplaces in North America by the Wall Street Journal (2008). 

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Business
8:23 am
Tue February 19, 2013

Small Business Disaster Loan Deadline Approaches

Credit www.en.wikipedia.com

Small businesses and agriculture operatives have less than a month left to apply for federal economic injury disaster loans as result of this summer’s drought. The deadline for the Small Business Administration assistance is March 12.  Loans through the program can be up to $2 million with interest rates as low as four percent for eligible small businesses and three percent for nonprofits.

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Business
10:14 am
Mon February 18, 2013

Maker's Mark Not Lowering Alcohol by Volume After All

Originally published on Sun February 17, 2013 1:48 pm

In response to criticism, Maker's Mark has decided not to reduce the alcohol by volume of its bourbon after all.

The distillery had recently moved to 42-percent alcohol by volume; the switch back to the traditional 45-percent alcohol by volume is immediate. The Loretto, Ky., distillery has posted this statement to its website—which Sunday afternoon wasn't loading properly—and Facebook page. 

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Business
7:58 am
Mon February 18, 2013

Clarksville's Trane, Union Reach Deal with New Contract

A machinists union has reached an agreement on a new 4-year contract with Trane to avert a possible strike at Clarksville's largest private employer. The International Association of Machinists and Trane agreed to a new 80/20 match Blue Cross/Blue Shield Health Insurance Plan effective Jan. 1 of next year.  There will be no change in existing plans or employee premium contributions for the remainder of 2013, and the employee premium contribution won’t increase in 2014.

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