Thursday, June 25, 2009
The Local Economy Gets A Boost
Not all news about the local economy is bad. Thursday, the Pike County Fiscal Court announced a new company, EQT Energy, a Pennsylvania Corporation, is coming to Pike County, bringing with it about 100 new jobs, and moving natural gas to a more prominent position in the nation's energy picture. Tapping another eastern Kentucky resource, EQT Corporation will establish a regional headquarters in Pike County. The company plans to build a 45,000 sq. ft. complex at Scott Fork on U.S. 119, if the site is suitable and it can work out certain agreements. EQT is the largest natural gas producer in Applachia, with about 13,000 wells. A groundbreaking date has not yet been set, but, what once was a possibility, a vision, has now become a reality.
# posted by Homer Owens @ 8:28 PM 
