Business

Business
10:28 am
Thu January 29, 2015

For Long-Haul Drivers, Cheap Gas Means A Sweeter Commute

Jed Brown drives 100 miles each day to work between Pennsylvania and West Virginia. Cheaper gas is making his commute more manageable, but he doesn't expect the low prices to last.
Uri Berliner NPR

Originally published on Thu January 29, 2015 7:21 am

With wages still stuck for many Americans, the big drop in gasoline prices is the equivalent of an unexpected cash bonus for the nation's drivers.

The average American household is expected to save $750 this year from lower gas prices, according to the Energy Department.

But Thomas Kinnaman, an economist at Bucknell University in Lewisburg, Pa., says it's instructive to look beyond the word "average."

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Business
10:23 am
Thu January 29, 2015

Hopkins County Mine Set to Close, But Its Impact Expected To Be Negligible

Credit Alliance Resource Partners LLC / http://www.arlp.com/

An Alliance coal mine in Hopkins County is set to close in early 2016 as the Elk Creek site runs out of coal. But Madisonville-Hopkins County Economic Development Corporation President Gerald Cook says it’s likely the closure won’t have a big impact on the community.

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Business
3:30 pm
Wed January 28, 2015

Eighteen Months Later, Planned Murray Hotel Remains an Empty Lot

Credit Murray Convention Visitors Bureau

A hotel originally scheduled to open in Murray this month remains a vacant lot with a sign announcing the planned Springhill Suites.

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Business
10:35 am
Wed January 28, 2015

Paducah Gaseous Diffusion Warehouse Cleanup Finished, Work Continues on Clearing Soil Contamination

Credit Dylan Nichols / LATA Kentucky

LATA Environmental Services has finished cleanup at a warehouse at the Paducah Gaseous Diffusion Plant as the Department of Energy prepares to decommission the site.

The nearly 29,000 square foot space held equipment and materials from the facility. The cleanup project began in May 2014 and was accelerated after receiving additional federal funds early last year.

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Business
2:03 pm
Fri January 23, 2015

USDA Proposes New Standards to Reduce Salmonella in Chicken Parts

Credit Katie Brady / Flickr (Creative Commons License)

The U.S. Department of Agriculture has found about half of ground chicken is contaminated with salmonella, and the agency is proposing new standards to reduce the bacteria by 30 percent.

The new rule would mean more testing, which John-Mark Hack says is more expense for the processor. He is a co-founder at Marksbury Farm Market in Garrard County.

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Business
3:57 pm
Wed January 21, 2015

PPS Takes First Step in Recovery Plan

Credit Paducah Power System

Paducah Power System has taken the first step in its Rate Recovery Plan with the acquisition of surety bonds.

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Business
6:08 am
Mon January 19, 2015

West Kentucky and Hickman-Fulton Counties RECCs Consider Merger

Credit wkrecc.com

  Two electric service cooperatives are discussing a merger that would include 35,000 customers from Kentucky Lake to the Mississippi River. The Executive Committees of the West Kentucky Rural Electric and Hickman-Fulton Counties Rural Electric met Thursday to explore a merger of the neighboring cooperatives, authorizing a joint financial study including a combined ten-year financial forecast.

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Business
5:08 pm
Thu January 15, 2015

Paducah Power Using Peaking Plant to Cut Usage

Credit Paducah Power System

Paducah Power System is getting more use out of its “underutilized” peaking plant as the utility aims to bring rates down by July.

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Business
4:32 pm
Thu January 15, 2015

Paducah Economic Development CEO Scott Darnell Outlines Future Goals

Credit Scott Darnell/Facebook

Earlier this year, Paducah Economic Development announced the hiring of local marketing firm Mazzone Communications to represent the PED brand.

CEO Scott Darnell spoke with Kate Lochte on Sounds Good about the partnership as well as his vision of the future.

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Business
6:29 am
Thu January 15, 2015

KY Federation for Advanced Manufacturing Education Expands

Credit Stu Johnson/WEKU News

A program designed to benefit Kentucky's manufacturing sector is expanding.  Governor Steve Beshear made the announcement Wednesday at the Georgetown Toyota plant, where the Kentucky Federation for Advanced Manufacturing Education initiative is already underway.  It is growing to include Louisville, northern Kentucky, and Elizabethtown.

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