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USEC Still Undecided On PGDP Future

Apr 2, 2013
http://www.usec.com/gaseous-diffusion/paducah-gdp

Workers at Paducah's Gaseous Diffusion Plant will remain employed for at least the next 60 days as United States Enrichment Corporation officials continue discussions regarding future operations. USEC Spokesperson Paul Jacobson says the company has not yet decided on what kind of workforce it will leave behind. The plant currently employs around 1100 people.

An automotive business is set to bring 150 jobs and make an 11 million dollar investment in McCracken County. Whitehall Industries makes aluminum parts for automobiles.

Paducah Economic Development President Chad Chancellor said the manufacturer is planning to move into the Tyler Mountain Water building that has been vacant for several years. Chancellor said the company is waiting on the results of an environmental study, which should be final within a month.

“We’ve been wanting an automotive supplier for a while because there’s automotive all around us,” he said. “I think it will be great to take an asset that’s sitting there with no jobs in it and turn it into a project like this.”

Whitney Jones / WKMS

A major candle manufacturer is establishing a new plant in Fulton, Kentucky, bringing 150 new full-time jobs to the city. MVP Group International is a candle and fragrance goods manufacturer based in Charleston, South Carolina.

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A legislative panel has postponed its vote on a bill that would allow two aluminum smelters in western Kentucky to purchase electricity on the open market.

An Owensboro granite countertop manufacturer is expanding its business and almost doubling its workforce. State tax incentives of up to $250,000 allow Unique Granite and Marble Incorporated to add 25 new full-time employees and invest $400,000 in its expansion.

KY Employment Numbers Rising

Jan 18, 2013

The Kentucky Education and Workforce Development Cabinet says the state's jobless rate has dropped to 8.1 percent.

TN Unemployment at Five Year Low

Jan 18, 2013

The number of unemployed Tennesseans is at its lowest point since the economic meltdown of 2008.

The German company Kemmerich Metal Engineering will build its U.S. headquarters in Murray. The automotive parts supplier plans to add 120 jobs to the community in the next five years. Murray Calloway Economic Development Corporation Executive Director Mark Manning says Kemmerich is the first business to locate in Murray's new northern industrial park.

One of the reasons this company is coming here is because everything had been pre-prepared. All the utilities were in place, the ground was cleared and compacted, so it will speed up construction by months.

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Paducah-based ice cream company Dippin’ Dots plans to upgrade and expand operations at its plant. The announcement comes after bankruptcy proceedings for the company ended yesterday.

As Kentucky and federal lawmakers consider legalizing industrial hemp, the chair of the University of Kentucky's agriculture economics department notes that such an industry won't rise overnight.

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