Officials in Graves County outlined several economic development projects in the works. These projects include new manufacturing space, road updates and more. Read more from the Mayfield Messenger.
Graves County Economic Development announced more than 160 new full-time jobs as part of 11 projects worth more than $115 million in an event Wednesday at Graves County High School’s Independence Bank Performing Arts Center.
Hemp manufacturer GenCanna announced that instead of a $40 million investment, its project on U.S. 45 near Hickory has grown to more than a $60 million investment.
Grace Commercial Park plans complete cleanup of concrete rubble at the former General Tire plant on U.S. 45, a new 30,000 square foot spec building and is negotiating plans for an additional 100,000 square foot facility with hopes that construction could start late this summer. Additionally, Ron Parks of First Choice Kubota said he was opening a Kubota dealership on eight acres in the complex this fall, where the former parking lot one stood, a $2 million investment.
Graves County Economic Development President Ryan Drane announced a 100,000 square foot manufacturing spec building to be constructed at the Hickory Industrial Park. It will be the largest spec building west of I-65, he said, and will be expandable to 200,000 square feet. Economic developers are partnering with TVA on the facility.