A paper company has announced plans to invest $20 million in its facility in Hancock County and retain 452 jobs. Domtar Paper Company LLC says it will upgrade and add equipment to its Hawesville operation.
Domtar operates 13 mills throughout the world, including its pulp and paper facility in northwestern Kentucky. The Hancock County plant makes an estimated 80,000 tons of market hardwood pulp—used for paper production—and about 600,000 tons of printing grade paper each year.
One of the changes at the plant will be a new conveyor system, which Domtar says will lower operating costs and reduce greenhouse gas emissions from the facility.
The amount of bourbon produced by Kentucky distillers has topped 1 million barrels for the first time in nearly 40 years.
Officials with the Kentucky Distillers' Association said Monday that 1,007,703 barrels were filled in 2012. The last time the total went over a million was in 1973 when 1,004,877 barrels were produced.
The group's president, Eric Gregory, told the Lexington Herald-Leader that Kentucky's distilleries are experiencing double-digit sales growth and seeing landmark production levels while investing in new facilities.
The group says bourbon production is up more than 120 percent since 1999.
Century Aluminum in Hancock County and Big Rivers Electric Corporation have reached a tentative agreement that will allow the electricity supplier to buy market-priced power for the Hawesville smelter.
The Owensboro Messenger-Inquirer reports Century Aluminum also announced today that it is purchasing the Webster County smelter Sebree Works-Rio Tinto Alcan.
The moves appear to at least stabilize the aluminum industry in the northwestern Kentucky region, which employs about 1,200 people.
A Lexus luxury brand vehicle will soon be built in the Bluegrass State. Toyota officials made the formal announcement Friday morning at the auto maker’s Georgetown, Kentucky, plant, where production of the Lexus ES 350 will begin in 2015.
Governor Beshear told Toyota leaders in attendance that he appreciates their decision to invest further in Kentucky.
“We realize the care and the pride that you take in that vehicle and that it requires the utmost in a skilled workforce, not to mention top quality components,” said Beshear. “Your confidence in the quality of Kentucky’s workers, especially our team here in Georgetown is appreciated and well placed.”
Kentucky Toyota workers will produce about 50,000 of the new Lexus vehicles annually once production begins in two years. The expansion will add an estimated 750 new jobs to a facility that already employs 6,600 workers.
A western Kentucky aluminum smelter has notified employees that it plans to shut down operations on Aug. 20 unless it can get lower electric rates.
Century Aluminum has been in negotiations with its power supplier, Big Rivers Electric Corp., for more than a year. Both parties told the Messenger-Inquirer on Tuesday that they are still trying to negotiate a deal before time runs out.
Legislation to lower the smelter's electric bills was introduced during the General Assembly, but pulled due to misinformation that surrounded the issue.
Century gave a 12-month notice last year to Big Rivers saying it would not renew its power contract. The plant in Hawesville employs about 700 workers.