Wednesday, June 24, 2009
New Company Could Soon Be A Reality In Pike County
Pike County officials say hundreds have lost their jobs due to recent layoffs in the coal industry and other businesses. In the last two months, the county's unemployment rate has increased from 6% to 8%. Pike County Fiscal Court members say there's a plan in the works to bring a new company to the area which involves natural gas and will create 100 or more new jobs. Members say they have spent 15 months working on the project, but they cannot release the name of the company until all details are finalized. Details are expected to be finalized in Frankfort on Thursday.