Big Rivers Electric customers in western Kentucky can expect a marginal increase in their rates soon but a much larger increase could be coming their way in July. The Kentucky Public Service Commission reaffirmed a 2011 decision that decreased subsidies for two aluminum smelters, fixed a $450,000 mathematical error and added legal costs, which adds 45 cents to the average customer’s bill.
A chemical and technology company plans to retain 500 full-time jobs with a $15 million investment at its Calvert City plant. Ashland Incorporated provides specialty chemicals and technology for consumer and industrial markets internationally.
An explosives manufacturer in southern Hopkins County is building an indoor blasting center after nearby residents have complained the blasts are damaging their homes. Double Arrow Explosives has been hardening rail tracks with explosives since October and is located at the same site as Donovan Commercial Industries.
Kentucky Attorney General Jack Conway's office has filed a lawsuit in federal court claiming Fortune Hi-Tech Marketing in Lexington has been operating a massive pyramid scheme. The headquarters and a warehouse in Danville were seized Monday as part of a federal investigation into the multi-level marketing company's business practices, which Conway contends lost money for more than 90 percent of its subscribers.