The Logan County Fiscal Court, on behalf of the City of Russellville, is providing an upgrade to a lift station to attract new industry. The $1.4 million project was approved for $700,000 in state funding through the program.
The Henderson County Fiscal Court, on behalf of the West Kentucky Regional Industrial Development Authority Inc., will complete a site grading plan with an approximate 1-million-square-foot building pad at the Sandy Lee Watkins site. To date, 30 site and building development projects statewide have been approved for approximately $17 million in state funding. The state funding comes from the Kentucky Product Development Initiative program which was established in 2022. I’m excited to announce this fourth wave of funding, and I can’t wait to see what the future holds for these sites.” “With these funds communities can have quality sites ready for companies to move to and plant their roots.
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“Site and building development are crucial parts of positioning Kentucky for economic success and capitalizing on the momentum we’ve seen over the past two-and-a-half years,” said Gov. Projects in Logan, Washington, Henderson, Caldwell, Trigg and Nicholas counties, as well as a regional project including Caldwell, Crittenden, Livingston, Lyon and Trigg counties, were approved by the Kentucky Economic Development Finance Authority (KEDFA). Andy Beshear announced over $2.5 million in state funding to develop land and buildings to support economic growth and good-paying jobs across eight sites in 11 counties.
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