economic development

Marshall County Fiscal Court

Economic development officials in Marshall County are awaiting word on whether or not a project that could bring nearly 50 jobs to the county will be approved for state financial incentives.

LRC Public Information

Lexington Lawmaker Files Bill for More Area Development District Oversight A Lexington lawmaker is seeking to place Kentucky’s area development districts under the same oversight rules governing other state agencies. 

Lance Dennee

Paducah officials have announced a contract with Owensboro-based LinGate Hospitality to build a new hotel on the city's riverfront. 

Matt Markgraf, WKMS

District Director of the Kentucky Small Business Development Center in the Arthur J. Bauernfeind College of Business at Murray State, Chris Wooldridge and President/CEO of the Murray-Calloway Chamber of Commerce Aaron Dail visit Sounds Good to speak with Chad Lampe about a Retailers Roundtable in Murray Wednesday morning as part of the observance of National Small Business Week, which includes information about a new tool being developed for small business to make actionable change and decisions based on local market data. 

Matt Markgraf, WKMS

Henry County has a population of just over 32,000, an unemployment rate of 9.13% and plenty of room to grow, according to the Henry County Alliance. He says Henry County sits on one of the world's largest - and purest - ball clay deposits, largely untapped. From a retail standpoint, several establishments have opened up including CVS Pharmacies and Steak & Shake. A Hardees is currently under construction and a national chain restaurant may be arriving in the next couple of years as new strip centers are completed. On Sounds Good, Kate Lochte speaks with David Hamilton, CEO of Henry County Alliance, for a general economic outlook for Paris and Henry County initiatives.

http://www.macco.ca/

Updated: 2/11/15 9:42 a.m. 

A settlement with Macco Organiques is nearly complete after pulling out of a deal to open a production line in Paducah.

A press release from City Spokeswoman Pam Spencer says the settlement totals more than $121,000 with the city receiving nearly $65,000. McCracken County Judge Executive Bob Leeper says the county's share of the settlement amounts to around $28,000. The remaining money would go to Paducah Economic Development. 

Matt Markgraf, WKMS

Several economic development projects are in the works in Murray and Calloway County. From an automotive parts manufacturer, to buildings equipped for potential use to road projects, there are several goals for 2015. We get a scan from Mark Manning, Murray Calloway Economic Development Corporation's Executive Director, on Sounds Good.

businessfacilities

A national business publication has named Tennessee the economic development “state of the year” for the second year in a row.

Business Facilities awards the designation to states leading the nation in economic development, infrastructure and education since 2007.  Tennessee is the first state to receive the award in consecutive years, previous winning in 2013 and 2009.  

Madisonville Attorney and Chair of the city council's economic development committee Mark Lee comes to Sounds Good with information on the 1 Million Cups movement. Building a supportive, conducive culture for entrepreneurship is important for community improvement and this program seeks to engage entrepreneurs on local levels, now in 40 cities - recently Madisonville, the first affiliate in Kentucky. He explains the movement and how individuals can get involved.

Hear the conversation:

The merger of the Henderson Chamber and Northwest Kentucky Forward that happened at the first of the year means another cooperative economic development group joins the West Kentucky Regional Chamber Alliance in taking our region's issues to Frankfort. You hear Kyndle and you think of the digital readers, but with a Y, it's an acronym for the Kentucky Network for Development, Leadership and Engagement. Kate Lochte speaks with Chief Executive Officer, Brad Schneider on Sounds Good today, beginning with an event in 2012 that got the ball rolling.

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