$500,000 Pilot PDI Grant to provide site updates in Trigg County

The Cadiz-Trigg County Industrial Development Authority will soon receive a $500,000 grant to support $3.5 million in upgrades for industrial park development and spec building construction.

The grant is through the state's pilot Product Development Initiative program which helps further site selection and building development initiatives across the state.

The Cadiz-Trigg County Industrial Development Authority purchased 100 acres in February 2001 to create an industrial park for manufacturing companies. The $3.5 million in upgrades will help construct a 100,000-square-foot speculative building expandable to 200,000 square feet on a 15-acre certified build-ready pad site at Interstate 24 Business Park.

The investment through the state's pilot PDI program will allow companies to quickly locate in Central Kentucky while mitigating risks and delays associated with the construction process. The pilot PDI program was created in partnership between the Kentucky Cabinet for Economic Development and the Kentucky Association for Economic Development (KAED).