News Archive

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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Paducah Innovation Hub Featured in St. Louis Federal Reserve Bank Report
April 11, 2024
- We are thrilled to announce that Paducah’s Innovation Hub has been featured in the latest publication from the Federal Reserve Bank of St. Louis Institute for Economic Equity. The 2024 report explores economic security challenges and opportunities for young adults nationwide. The analysis highlights the Paducah Innovation Hub as...

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Nora Rikel Retires
January 10, 2024
- Noral Rikel formally retired December 31st.  We had a retirement reception for her on December 21.  Our GPED Board of Directors issued a formal proclamation making December 21st “Nora Rikel Day” and honored her with a crystal award plaque as well as a luncheon.  Mayor Bray...

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Office Manager Job Opening
November 29, 2023
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BFW | Marcum Announces Plans to Move to Commerce Park
August 22, 2023
- BFW Engineering and Testing, Inc. and Marcum Engineering, LLC, in collaboration with Greater Paducah Economic Development, McCracken County, and the City of Paducah are pleased to announce the location of their new headquarters located at 2301 McCracken Boulevard in Commerce Park in Paducah, KY.  BFW|Marcum started in Paducah, KY...

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GPED Announces New Officers and Board Members
July 26, 2023
- On June 13, Greater Paducah Economic Development held its annual Investor Council meeting.  J. P. Kelly, GPED Chair, presided over the election of new board members.  Glen Anderson, Immediate Past Chair and Leon Owens, Director, rotated off the Board.  The Council approved the nominations of Mason DeJarnett and...

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Kentucky Cornerstone to Promote Economic Development in Western Kentucky
February 28, 2023
- A group of economic development organizations from across western Kentucky have joined forces to market the region as a prime location for industrial prospects wanting to be near the electric vehicle battery production centers in Kentucky and Tennessee. Kentucky Cornerstone is a collaboration of local economic development organizations from Ballard,...

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