News Archive
General Matter to Construct $1.5 Billion Uranium Enrichment Facility in Paducah
August 5, 2025 - Project Will Create 140 Jobs and Support America’s Clean Energy Future
A major milestone in economic development for McCracken County was announced today, as General Matter, the American uranium enrichment company, has signed a lease with the U.S. Department of Energy (DOE) to develop a commercial uranium enrichment...
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Paducah Gaseous Diffusion Plant Named Finalist for AI Data Center and Energy Infrastructure Initiative
July 28, 2025 -
Greater Paducah Economic Development (GPED) is proud to announce that the Paducah Gaseous Diffusion Plant has been selected by the U.S. Department of Energy (DOE) as one of four finalist sites nationwide to host AI Data Center and Energy Infrastructure projects.
The site selection is part of the...
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Paducah Riverport Lands Its First Foreign Trade Zone Customer
July 22, 2025 -
Exciting activities are happening at the Paducah McCracken County Riverport. For the first time since its designation more than a decade ago, the Riverport has officially welcomed its first shipment through its Foreign Trade Zone (FTZ). With ever-changing global tariffs, the FTZ program is finally being put to work, and...
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GPED Elects New Board Members
July 15, 2025 - On June 26, 2025, during our quarterly Investor Council Meeting, we were proud to welcome new leadership to our Board of Directors.
We’re excited to announce the election of John Hodges, representing the Paducah-McCracken County Joint Sewer Agency, and Myrna Redfield, of Four Rivers Nuclear Partnership. Both will serve a...
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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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