Resonate Foods To Expand hemp operations with $2,700,000 investment in lyon county
PRESS RELEASE: MONDAY, JULY 29, 2019
Eddyville, Kentucky. (07/29/2019) – The Lake Barkley Partnership is excited to announce Resonate Foods in Lyon County, plans to expand their current facility with a $2.7 million-dollar investment. Resonate Foods is a craft hemp grower and producer in Lyon County producing artesian hemp for food and pharmaceutical grade products. The expansion will add 16 new jobs to the facility along with six greenhouses, industrial dryers and dehumidifiers. The expansion will also include a state-of-the-art processing lab to process the hemp into oil. At full capacity, the facility can process 1,000 pounds of hemp daily.
Resonate Foods along with Agri-Chem, Broadbent Hams, Gavilon Grain, Newsom’s Hams, P & H Farms, and the UK Research and Education Center are part of a thriving industrial agriculture industry in the Lake Barkley Region. The Partnership is excited to continue the development of our agriculture sector and looks to continually be a leader in both agriculture production and research in Western Kentucky.
Matthew Wilse, president and found of Resonate Foods stated, “Resonate is honored and proud to be part of the honest and hardworking hemp economy in West Kentucky. As a craft hemp company, we create differentiated artisanal hemp products founded on quality, consistency and dependability. We are happy and thankful to be home here in Lyon County, and look forward to continuing to invest in the local community and expand our network of trusted suppliers and customers here and in the region.”
Judge Executive Wade White said, “we are thankful Resonate Foods chose Lyon County and look forward to their continued growth and success” in regards to the expansion.
Amanda Davenport, Executive Director for the Lake Barkley Partnership said, “We are very excited for the expansion of Resonate Foods. This expansion is indicative of our strong agriculture and manufacturing industries in the Lake Barkley Region. We are thrilled with the growth Resonate Foods has experienced and look forward to see the innovation that comes from the expansion of this processing facility.”
The Kentucky Economic Development Finance Authority preliminarily approved tax incentives up to $375,000 for this project. Resonate Foods is also eligible for programs through the Kentucky Skills Network.