PADUCAH, Ky. — Greater Paducah Economic Development, the economic development agency for Paducah and McCracken County, Ky., marked 2019 with new leadership, abundant capital investments and improvements and expansions to their three business and industrial parks.
“At GPED, our mission is to proactively recruit and support companies that provide high-quality, high-paying jobs to our community,” says Bruce Wilcox, president and CEO of Greater Paducah Economic Development. “This year I am proud to have joined this organization that is poised to continue delivering on our mission to improve job opportunities to the people in McCracken County.”
New president and CEO
In September, GPED announced Wilcox as the agency’s new president and CEO. Wilcox, a member of Paducah’s business community for over 25 years, previously served in senior-level corporate roles such as VP, president, CFO and CEO.
Announced job growth and capital investments in 2019 include:
Dippin’ Dots, the popular beaded ice cream maker headquartered in Paducah, announced expansions that will result in 130 new jobs. In August, Dippin’ Dots announced an agreement with a major plant-based meat company to use its patented cryogenic technology which has led to the need for an additional 6,000 s.f. of operations. The $3.3 million expansion is expected to be complete in 2020 and will create up to 28 full-time jobs at the facility.
National Railroad Equipment Co., the world’s largest independent manufacturer of locomotives and locomotive parts, announced an expansion of operations in Paducah. Citing a rebounding rail industry and an increase in work orders, NRE has reopened its 450,000 s.f. Paducah plant resulting in more than 50 jobs.
ViWinTech Windows & Doors expanded their Paducah manufacturing facility by adding a paint shop.
TTEC Holdings Inc., a customer engagement service, announced 100 new jobs at their Paducah facility.
Greater Paducah Economic Development owns or controls three separate business/industrial parks, totaling more than 2,500 acres in McCracken County. The parks are all different in nature featuring an office park, distribution park and river site with dual rail access. This year, GPED was able to secure reliable transportation to and from the Paducah Commerce Park, home to many thriving businesses that employee hundreds of local workers. Through a partnership with the Paducah Area Transit System, workers now have access to a bus route to the Commerce Park. To learn more about the I-24 Logistics Park or the Triple Rail Megasite, visit https://epaducah.com/.
About Greater Paducah Economic Development
Greater Paducah Economic Development is the economic development agency for Paducah and McCracken County, Ky. It is a public/private partnership formed to attract and grow jobs and investment through assisting existing business with expansion projects and recruiting new businesses. In addition, Greater Paducah Economic Development promotes private property throughout McCracken County for job creation projects. Greater Paducah Economic Development has a $1.4 million budget and three staff members. For more information, visit www.epaducah.com.