Breckinridge County is receiving support from the latest round of funding from the Kentucky Product Development Initiative.
“The Breckinridge County Fiscal Court and the City of Hardinsburg will be extending sewer and water lines in the Breckinridge County Commerce Park,” said Kentucky Governor Andy Beshear during his Team Kentucky update Thursday. “The project was approved for nearly $332,000 in state support.”
The KPDI provides funding for local communities to invest in site and building upgrades to support job expansion and economic growth. The state says the infrastructure project in Breckinridge County will provide the county “with new business opportunities that encourage significant job creation and capital investment.”
Beshear said establishing build-ready sites allows Kentucky to get an advantage over other states in attracting projects and new business.
“When I was at Advanced Nano Products in Elizabethtown and our Secretary of the Treasury, the U.S. Treasury, came in, that company told her that we got that facility up and running faster than anyone in their industry had ever seen,” Beshear said. “That’s how we make sure that we can compete with anyone.”
The KPDI is overseen by the Kentucky Cabinet for Economic Development, and Beshear said more projects from Round 2 will be announced soon.
