Economic Development

Expansions

Cryogenic Processors to open 115,000-s.f. Paducah, Ky. facility

Cryogenic Processors will open a cutting-edge 115,000-s.f. cryogenic freezing and freeze drying facility to serve industries including food manufacturing, functional bacteria and cosmetics

Food & Beverage

$70M distillery project in Springfield, Ky., gets state incentives

FRANKFORT, Ky. — Slow Pass Bourbon Co. LLC is considering opening a new, nearly $70 million distillery in Springfield, Ky, and has received

Food & Beverage

HP Hood announces $83.5M expansion in Frederick County, Va.

HP Hood, a nationally branded dairy processor, will invest more than $83.5 million to expand dairy processing operations at its Winchester-area facility

Site Selection

Buchanan County, Va. expands industrial park

Economic development is booming inside the Southern Gap Industrial Park in Buchanan County, where the county industrial development authority is spending $4

Career and Workplace

Va. Beach economic developer to lead Va. Beach Vision

Laura Hayes Chalk is leaving Virginia Beach’s economic development department to become the executive director of Virginia Beach Vision, a business advocacy group

Tax Incentives

North American Air Exchange Growing in Muskogee, Okla., Receives State Incentive

North American Air Exchanger (NAAX) was recently approved to participate in the Oklahoma Quality Jobs Program. The manufacturer of heat exchangers moved

Aerospace

AAR breaks ground on MRO facility expansion in Oklahoma City

AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, broke ground on the expansion of

Kentucky

Gov. Beshear Joins Washington Penn Plastic Co. To Celebrate Start of Construction on $104 Million Winchester Facility, Creating 88 Jobs

WINCHESTER, Ky. (April 11, 2024) – Today, Gov. Andy Beshear joined local officials and representatives from Washington Penn Plastic Co. to celebrate the

Steel and Metals

Forging Ahead: Led by Mississippi County Growth, Arkansas Steel Remains Strong

America’s steel industry has long been associated with the mills that dominate Pennsylvania and the Rust Belt. Yet Mississippi County also has

Virginia

Atlantic Union completes $507M purchase of American National

Richmond-based Atlantic Union Bankshares completed its acquisition Monday of Danville-based American National Bankshares, parent company of American National Bank and Trust. Based

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