Announced earlier this week through the South Western Kentucky Economic Development Council and reaffirmed by Governor Andy Beshear Thursday, Christian and Todd are two of 18 counties that have recently been approved for new site development funding in the Commonwealth.
The Hopkinsville Industrial Foundation is seeking to conduct infrastructure improvements at Commerce Park II 1,000+ Acre Rail Site in Christian County. The project was approved for $1.7 million in support.
The Todd County Industrial Foundation, meanwhile, is looking to prepare two 100,000-square-foot building pads at the 24-acre John E. Walton Business Park. The project was approved for more than $1.1 million in support.
These funds are through the Kentucky Product Development Initiative, which provides anchors for local communities looking to boost investment in site and building upgrades to support future, well-paying jobs and economic growth across the state.
This month’s approvals include projects that will receive funding through the KPDI Program of 2024, as well as projects that will benefit from recaptured funds tied to the KPDI Program of 2022.
In other SWK EDC news:
+ Hendricks said another Christian County economic project was recently approved, related to agriculture business.
+ ExxonMobil Superior Graphite and Advanced Graphite Solutions Operations Manager Rob Bacon said he will have a presentation at the upcoming Christian County Chamber of Commerce breakfast.
The goal, he said, is to bring Exxon into the battery anode business while using Superior Graphite’s technology.
Bacon has been with ExxonMobil for more than 35 years, as part of projects in Texas, the Netherlands and Louisiana.
