KENTUCKY (From news reports) -- Two major projects in Daviess and Hancock counties will receive state support from the Kentucky Economic Development Finance Authority -- if they happen.
The board voted Thursday, Nov. 10, to approve a total of $850,000 in state support for Kimberly-Clark for $110 million worth of improvements it is considering at its facility near Newman and $1.5 million for a $167.25 million project Commonwealth Rolled Products is considering in Hancock County.
The projects would create a total of 82 jobs if they are finalized, a report said.
Kimberly-Clark's project breaks down as $50 million for an expansion of the facility and $60 million for new tissue equipment.
Brittaney Johnson, president of the Greater Owensboro Economic Development Corp., said Daviess County is competing with other Kimberly-Clark locations for the project.
She said the company's board of directors is expected to make a decision on where the project will be done during the first half of 2022.
The KEDFA report says the expansion would create 42 jobs at an average pay of $48 an hour, including benefits.
Kimberly-Clark has 337 employees at the plant, the report said.
The facility opened in 1993 and produces tissue products for the workplace.