News Archive
Federal Reserve Bank of St. Louis President Alberto Musalem Visits Paducah
April 10, 2025 - Greater Paducah Economic Development (GPED) was honored to co-host Federal Reserve Bank of St. Louis President Alberto Musalem during his recent visit to western Kentucky. His time in Paducah highlighted the strength of local partnerships and the forward-thinking initiatives shaping our region’s economic future.
President Musalem’s...
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Marquette Transportation Expands in Paducah with $5M Investment & 55 New Jobs
February 27, 2025 - Greater Paducah Economic Development is pleased to announce that Marquette Transportation Company, LLC is expanding its operations in Commerce Park, which is located in Paducah, McCracken County, KY. Marquette Transportation is one of the nation’s largest marine transportation companies and region’s largest employers providing barge...
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Are Math Skills the Key to Economic Growth in Kentucky?
February 14, 2025 - Featured in Kentucky Living: Paducah’s Engineering Talent Powers Regional Growth
A strong foundation in math and engineering is essential to building a competitive workforce, and UK College of Engineering Paducah Campus is doing its part to meet that demand. Recently featured in Kentucky Living Magazine, the campus is...
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Jim Moore Appointed To KAED Board of Directors
December 13, 2024 - The Kentucky Association for Economic Development (KAED) announced its newly elected officers and board members during its annual meeting in Louisville, Kentucky. This leadership team and board will guide the organization’s initiatives for the coming year, fostering economic growth and collaboration across the state.
Jim Moore, Director of...
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Land Transfer Marks Major Step for McCracken County’s Future
November 27, 2024 -
Uranium Enrichment Facility Would Create Hundreds of Full-Time Jobs, Open Land to Hunting and Fishing
Today, Gov. Andy Beshear announced an important step in a potential major economic development project in McCracken County as Global Laser Enrichment LLC (GLE) finalized a land transfer with the Commonwealth of Kentucky....
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How the Paducah Innovation Hub is Building the Workforce of Tomorrow
October 21, 2024 - “What do you want to be when you grow up?” It’s a question that every student hears from a young age, and for the students in the Paducah region, the answer may be found at the Paducah Innovation Hub. This unique, state-of-the-art facility is helping shape...
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Amazon Opens Last Mile Distribution Facility in Paducah, KY
October 4, 2024 - Greater Paducah Economic Development (GPED) is pleased to announce that Amazon.com Services, LLC is opening a last-mile distribution facility in Paducah, KY, enhancing Amazon's ability to serve the Western Kentucky region. The new 72,500-square-foot facility is located in Industrial Park West at 5501 Commerce Drive.
GPED, along with...
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Block Mining Inc. Acquisition by Riot Platforms
August 22, 2024 - We’re excited to celebrate our investor, Block Mining Inc., on their recent acquisition by Riot Platforms for $92.5 million. Riot Platforms is a leading Bitcoin-driven infrastructure platform operating North America's largest Bitcoin mining facility. With a focus on merging money and energy, Riot's acquisition of Block Mining...
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Unraveling the Economic Impact of Quilting
April 25, 2024 - While quilting may seem like a traditional craft, in Paducah, it's a thriving industry that has showcased our community on the global stage as the “Quilt Capital of the World.”
The Patchwork
Paducah’s journey to becoming the “Quilt Capital of the World” began...
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Cryogenic Processors Expanding Operations to Paducah
April 22, 2024 - Greater Paducah Economic Development is pleased to announce that Cyrogenic Processors, a renowned leader in cryogenic freezing technology, is preparing to open a state-of-the-art facility spanning 115,000 square feet cryogenic in Paducah, Kentucky! The facility, set to be complete in the fourth quarter of 2024, will cater to industries ranging from...
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