General Matter Makes Major Investment in Right to Work Kentucky
General Matter is investing $1.5 billion in order to add a new location in Right to Work Paducah, Kentucky. As a result, the uranium enrichment company will also create 140 new jobs. This will be a great addition to the area’s economy!
From Area Development Magazine:
“Seventy-five years ago, the U.S. Atomic Energy Commission selected Paducah to help lead the nation’s original enrichment efforts. […] We are proud to return to and reactivate this historic site to power a new era of American energy independence, and we thank our partners in Kentucky and at the DOE’s Office of Environmental Management and the Office of Nuclear Energy for supporting us in this landmark investment in American nuclear infrastructure.” […]
“I want to congratulate the team at General Matter on this major step toward what will be the largest economic investment ever for Western Kentucky. […] This lease reflects Kentucky’s leadership in nuclear energy and our strong partnerships at the federal and local levels, as well as in the private sector. I am looking forward to being back in Paducah soon to celebrate the next key milestone for this exciting and historic project.” […]
“We appreciate General Matter’s partnership and their decision to locate in Paducah. […] Their investment is among the largest our community has seen in more than 75 years, bringing life-changing opportunities to our residents through strong wages and long-term careers. For many families, the DOE site is personal. Parents helped build it, their children work there today, and now the next generation has a chance to carry that legacy forward.”
To read the previous economic update on Right to Work states, click here.