Business

Business
3:39 pm
Thu November 29, 2012

Power Plant Project Good for W. Ky. Coal Industry.

Credit www.en.wikipedia.com

State leaders say a nearly $1 billion project to update pollution controls at a massive Louisville power plant will be a boost for Kentucky's coal industry.

The upgrades at LG&E's Mill Creek Generating Station in southwestern Jefferson County are expected to add about 700 construction jobs. They will also allow the 1,400-megawatt plant to continue to burn coal by meeting stricter federal air regulations that go in force in 2016.

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Business
7:28 am
Wed November 28, 2012

Patriot Coal Case Moved to St. Louis

Patriot Coal’s federal bankruptcy case will no longer be heard in New York City. U.S. Bankruptcy Judge Shelley Chapman in New York ruled that the case be moved to St. Louis, where Patriot Coal is based. Chapman says there were hundreds of handwritten letters from retired coal miners.

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Business
7:23 am
Wed November 28, 2012

Peabody to Close IL Mine

A Peabody Energy Corp.  subsidiary is permanently closing a southern Illinois mine because it failed to meet safety, compliance and performance standards. Bay Ridge Inc. says operations at the Willow Lake Mine near Harrisburg are unsustainable. The mine closing will affect about 400 workers.

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Business
12:34 pm
Tue November 27, 2012

Murray Industry Announcement Set for Friday

The former Webasto plant on Hwy. 641 in Murray.
Credit thinkmurray.com

Kentucky Gov. Steve Beshear joins local officials this Friday in Murray for an industry announcement. Murray-Calloway Economic Development Council President Mark Manning says the event is at the former Webasto plant at 9:30 a.m.

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Business
10:33 am
Fri November 23, 2012

Small Business Saturday Pays Big Dividends

Credit wikimedia.com

Many holiday shoppers rush out to big chain stores on Black Friday, but an initiative for local businesses urges people to visit small shops tomorrow. Holiday shopping is crucial for many businesses recovering from a rough economy. Small Business Saturday encourages shoppers to shop locally. Chris Wooldridge is district director for the Kentucky Small Business Development Center. He says small businesses tend to fall off many consumers' "radar" when compared to so-called "big box stores" on Black Fridays and Cyber Mondays, which usher in the Christmas shopping season.

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Agriculture
12:13 pm
Wed November 21, 2012

Plans Under Way for New W. Ky. Farm

An Indiana-based company plans to open a turkey farm in McLean County. Executives with Farbest  Farms outlined plans for the venture this week at a Fiscal Court meeting in McLean. The Messenger-Inquirer reports the plans include a 50-acre brooding hub where turkeys would be hatched and raised until they are 30 days old.

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Business
11:21 am
Wed November 21, 2012

Initiative Focuses Shoppers on Local Retailers for the Holiday

Downtown businesses in Murray, Ky.

Many holiday shoppers rush out for Black Friday, but an initiative for local businesses is urging people to visit smaller shops on Saturday. Holiday shopping is crucial for many businesses as they recover from a rough economy. Small Business Saturday is an effort to encourage shoppers to check items off their gift list within their communities.

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Business
3:21 pm
Tue November 20, 2012

October Jobless Numbers Out for W. Ky.

Caldwell and Webster counties tied for the lowest October unemployment rate in western Kentucky. Webster’s rate dropped from 7.5 percent in September to 6.6 percent in October, while Caldwell County’s rate stayed flat.

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Business
7:50 am
Tue November 20, 2012

Small Businesses Key to Job Creation in Delta Region

New data shows small businesses have led the Mississippi Delta region in job creation. The Delta Regional Authority released private-sector data Monday showing 90 percent of all new jobs in the area over the last 20 years have come from businesses with nine or fewer employees.

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Business
6:41 am
Tue November 20, 2012

Convention Center Board of Directors Reaches Settlement with Local Businesses

Credit www.en.wikipedia.com

The Paducah-McCracken County Convention Center Corporation Board agreed to a $180,000 settlement from a local accounting firm and CPA connected to an embezzlement lawsuit. Former CCC executive director J. Patrick Kerr and his accomplice Susan Wilson pled guilty in March to embezzling more than $200,000.

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