Area officials are anticipating positive growth within the area following the announcement Friday of an expansion at a hemp processing facility in Lyon County.
As previously reported by the News Edge, 16 new jobs will be coming to the area in a $2.7 million-dollar planned expansion of Resonate Foods in Lyon County. The expansion will also include six new greenhouses, industrial dryers, and dehumidifiers and a state-of-the-art processing lab to process the hemp into oil.
Amanda Davenport, Executive Director of the Partnership, states that 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. She added that the expansion is indicative of the strong agriculture and manufacturing industries in the Lake Barkley Region and expressed that the Partnership is thrilled with the growth Resonate Foods has experienced and look forward to seeing the innovation that comes from the expansion of this processing facility.
President and founder of Resonate Foods Matthew Wilse stated that Resonate is honored and proud to be part of the honest and hardworking hemp economy in Western Kentucky and are happy and thankful to be located in Lyon County. He added that the company looks forward to continuing to invest in the local community and expand their network of trusted suppliers and customers throughout the region.
Lyon County Judge-Executive Wade White expressed that county officials are thankful Resonate Foods chose Lyon County and are anticipating their continued growth and success within the area.
Davenport noted that the Partnership is excited to continue the development within the agriculture sector and is looking to continually be a leader in both agriculture production and research in Western Kentucky.
The Kentucky Economic Development Finance Authority preliminarily approved tax incentives up to $375,000 for the expansion project. Resonate Foods, which produces artesian hemp for food and pharmaceutical grade products, is also eligible for programs through the Kentucky Skills Network. At full capacity, the facility can process 1,000 pounds of hemp daily.
(Story By Audrey Lamb/WPKY)
