The BCEA brakes ground on industrial park
GLASGOW, Ky. – Wednesday, the Barren County Economic Authority broke ground the South Cooper Industrial Park.
The Barren County Economic Authority is making a significant investment in the new industrial park including the grading of its first two sites and a road entering the park.
South Cooper Industrial Park is a 152-acre site located in Glasgow off of U.S. 68.
The first two sites that were started this week will cost around $1 million and will provide two marketable sites for industrial companies to purchase.
According to Barren County Judge-Executive Micheal Hale, this new development is a stepping stone for community’s growth.
“If you stand as a community and do nothing, nothing will ever happen. And, you know, that’s our message today is, you know, we’re a community that’s moving. Whether you want to say we’re moving forward or however you want to say it, but the community is behind us and that’s what makes things happen,” said Hale.
By creating space for industry to move in in the future, the BCEA is preparing themselves ahead of time for economic growth in the entire county, according to Maureen Carpenter, the executive director of the BCEA.
“Without the investment of our elected officials we wouldn’t be able to afford to do this and when you’re talking economic development, it’s expensive, and you have to be proactive. You have to have the site work done before a company is going to decide to locate in your community. So to have them come together and see that vision and understand that this is what they need to be doing to grow the economy is just tremendous,” said Carpenter.
Carpenter says, depending on the businesses that move into the park, it will create hundreds of jobs, potentially even more.
The BCEA estimates an impact of around 30 million dollars in wages and an over 152-million-dollar sales output from the park once its completed.
It is anticipated that the first two sites of the seven sites will be ready within the next 100-days.
David Peterson, chairman of the Barren County Economic Authority said, “This is a great day for the Authority, we have been preparing for this moment for the last 18 months and are excited to see our work come to fruition”. On behalf of the board, I would like to express our gratitude to both the City of Glasgow and the Barren County Fiscal Court for their support of this project.”
“We are developing this park in order to bring new jobs and capital investment to the community,” said Hale. “With great access to transportation and centrally located between two international airports, our location sits in the heart of Southcentral Kentucky.”
The Barren County Economic Authority put the project out to bid and has selected Scotty’s Contracting to complete the project. The park is being marketed to a variety of potential industrial customers that will benefit from the site’s location, proximity to larger markets, a lower cost of doing business and an excellent transportation network.
“The city is thrilled to partner with the Barren County Economic Authority on this project. We are diligently working on property development in the city to meet the needs of our local industry but also to attract new industry to the area. Creating high-quality jobs for our citizens,” Glasgow Mayor Harold Armstrong said.