GRANTS ASSIST EDDYVILLE RIVERPORT GROWTH
FROM WATERWAYS JOURNAL WEEKLY: JANUARY 17, 2020
By Shelley Byrne
With two new grants and the development of a master plan underway, the port of Eddyville (Ky.) is continuing to grow.
The port, created on the Cumberland River impoundment of Lake Barkley in the late 1970s, got a boost about five years ago with land purchases and contract renegotiations that resulted in adding three new tenants, said Jamie Wynn, port director of the Eddyville Riverport & Industrial Development Authority.
The authority now owns roughly 250 acres at the riverport with another 120 acres at a nearby industrial park. Paducah Barge LLC has its drydock at the port. Other new tenants are Hu-B’s Offshore Marine Sales & Service and the Kentucky Fish Center, which receives and completes initial processing of Asian carp from commercial anglers.
“We’re uniquely positioned,” said Glen Kinder, treasurer of the authority’s board of directors, pointing out the nearby convergence of major north-south and east-west interstates I-69 and I-24 as well as the Cumberland River connection to Nashville, Tenn., one of the fastest growing cities in the Southeast. As the port is the only riverport in Kentucky on a lake, it also enjoys stable water levels, fluctuating by only about 5 feet depending on the season, he said.
A sport utility vehicle passes by on the Eddyville Riverport’s main access road. A nearly $50,000 grant will allow the road to be realigned to reduce traffic congestion. It will include removing the fence at left as well as the concrete pad remaining from a conveyor belt project as well as widening, leveling and resurfacing the road. Last spring, the port received a $107,250 Delta Regional Authority grant for a new conveyor to unload fertilizer, which created a need for widening an access road and removing a concrete pad left behind when tenant Agri-Chem LLC replaced its conveyor belt system. Recently, the riverport was awarded a $49,780 grant from the Kentucky Transportation Cabinet’s Riverport Improvement Program to improve traffic flow. A bid package on the road construction has been let, with bid openings expected later this month, Wynn said. The project will include removing a fence to allow widening and leveling the road and resurfacing it with blacktop.
“It opens up our access road to all the traffic past Agri-Chem,” Wynn said, noting that the project will decrease traffic congestion and improve safety.
A separate, $10,000 grant from the Kentucky Transportation Cabinet will allow the addition of overhead doors to one of the port’s grain pits, adding protection in adverse weather conditions.
Master PlanOne of the port’s biggest new undertakings is development of a master plan to determine future land use.
“It’s not just about what we want to do but also our partners and what they might like to do in the future,” Kinder said, adding, “We’re open to ideas and innovation, and we want to partner and grow the industries that can benefit in the area.”
It is important to think not just from the perspective of Eddyville or Lyon County but about the future of the region as a whole, he said.
The master plan’s development is part of a $50,000 grant from the U.S. Department of Agriculture. Wynn and Kinder said their goal is to have the plan completed by the end of the year.
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.
For more information on Resonate Foods, visit www.ResonateFoods.com
For more information on the Lake Barkley Partnership, visit www.ThinkRural.com
To see comments from state officials for this expansion, see https://kentucky.gov/Pages/Activity-stream.aspx?n=KentuckyGovernor&prId=999
Sharing stories, news, and business updates updates from the Lake Barkley Region of Caldwell, Crittenden, Livingston, and Lyon Counties.