Economic Development
Bell Bank, based in North Dakota, is opening a new office in Owensboro which is expected to bring 150 jobs and have an economic impact of $50 million.
Heritage Federal Credit Union, headquartered in Newburgh, IN, recently opened a new branch in Owensboro. The company has assets under management of nearly $1 billion.
In January 2024, WPT Nonwovens opened a $19.5 million, 75,000 SF manufacturing center in Ohio County which will create 35 jobs.
In October 2023, Big Rivers broke ground on a new $57 million, 47,000 SF transmission operations center which is expected to create 70 jobs.
In August 2023, Owensboro began a $30 million highway expansion project that will widen 2 roads that link to the river port.