economic development

UPS Announces Multimillion-Dollar Kentucky Expansion

Aug 25, 2016
Roxanne Scott, WFPL

Looks like your Amazon orders may come even faster.

UPS has invested an estimated $300 million to triple the size of its package facility in Louisville.

Rob Canning, WKMS

Local officials are hopeful a new spec building north of Murray could help bring western Kentucky onto the national and global stage for business investment. 

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.  

Pages