DSC 3877 resizeCENTRAL CITY, Ky. (7/13/19) — Learning more about what's important to the county's economic development was the key point of Thursday's Muhlenberg Chamber of Commerce luncheon program.

LG&E/KU Engergy's Economic Development Project Manger Will McDowell told the chamber membership it is not about a community's needs but what a community can provide in garnering new business and industry.

"Economic development is a very competitive arena. It is not about how much we need jobs, it's about how we can fulfill prospective company's needs," said McDowell. "Corporations select an area where their company is most likely to succeed by identifying the criteria their company needs such as access to interstates, railroads, airports as well as the square footage and acreage needed, the cost of utilities and if the workforce needed is available.:

McDowell said companies can be selective in choosing the best fit.

"A typical company will look at an average of 10 to 15 states and hundreds of locations within those states before making a decision to locate and build in a new area. The key to economic development is to be prepared and ready when an opportunity comes along," he said. "Kentucky has set aside $6,000,000 in the next two years so that struggling communities such as ours can prepare for prospective company's needs. For example, Paradise has applied for money to install a gas line."

Sally Moore
SurfKY News Reporter

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