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Calloway to Review Bond for Vanderbilt Chem Co Expansion

By Chris Taylor

Murray, KY – Calloway County Fiscal Court members today are expected to review an ordinance that will issue a $25 million bond financing the expansion at Vanderbilt Chemical Company. The Paducah Sun reports a second and final reading is scheduled November 16th. Vanderbilt plans to use the low-interest loan to expand its facility and create 10 more jobs after Kentucky's Economic Development Finance Authority earlier this year approved $300,000 in incentives.