News Archive

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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KY Economic Development Secretary Noel Speaks to GPED Investors
February 13, 2023
- On January 25 we welcomed new KY Secretary of Economic Development Jeff Noel to an investor luncheon at the Paducah Country Club.  Secretary Noel was welcomed and well received by our Investor Council and elected officials.  He made a dynamic presentation on his life experiences, the status of economic...

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Meet GPED’s New Director of Business Development
August 11, 2022
- Jim Moore is the new Director of  Business Development for GPED.  Jim has an extensive career in economic development going back to the formation of the Caldwell Lyon Partnership in 2003.  Jim, his wife, and two daughters have resided in South Carolina since leaving the Caldwell Lyon Partnership...

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HHO Carbon Clean Systems to Locate Manufacturing Operation in Paducah-McCracken County
June 30, 2022
- Greater Paducah Economic Development is pleased to announce HHO Carbon Clean Systems will be investing $6.65 million in a new facility and equipment providing hydrogen based mobile carbon cleaning systems for diesel fuel combustion engines and production of hydrogen-based torches. The mobile carbon cleaning systems improve fuel efficiency by an average...

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