Gov. Andy Beshear announced further investment in Team Kentucky’s site and building development efforts with Knox County receiving approval for a $250,000 grant. The Knox County Industrial Authority is seeking to purchase approximately 1,550 acres with plans to develop a new business park. With the Southern Kentucky Business Park nearing full capacity, officials say it is vital for the community to establish a new park to recruit business and industry to the region. The new project was approved for a $250,000 grant during last week’s Kentucky Economic Development Finance Authority meeting. Knox County Fiscal Court will contribute an additional $6,800 toward the project to conduct due diligence at the site.
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