Five million dollars to be used for a regional industrial development project

Frankfort, KY:  Governor Ernie Fletcher presented a check for five million dollars to Graves County Fiscal Court today.  The money will be put towards the development of a multi-county regional park.

The Purchase Area Regional Industrial Authority Park, which will consist of up to 2,500 acres, will allow for the recruitment of a major manufacturing or assembly plant to locate in Graves County.

"Economic development is a crucial priority of my administration,” stated Governor Fletcher.  "Creating jobs creates new opportunities and improves the quality of life for Kentucky families.  Moving forward on projects such as this regional industrial park puts the purchase region in an attractive position to entice new employers to locate in this wonderful area of our great Commonwealth.”

The $ 5 million economic development bond grant was authorized by the 2003 General Assembly. 

The eight counties that are included in the Purchase Area Regional Industrial Authority are: McCracken, Graves, Ballard, Marshall, Hickman, Carlisle, Fulton, and Calloway.

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