Paducah-based Waterway Innovations has been approved for up to $150,000 in funding from the Kentucky Cabinet for Economic Development’s High-Tech Investment Pool, which is used to build technology-based and research-intensive companies and projects. The award will assist the company in developing two monitoring systems that relay vital information to barge owners and operators. The two systems can provide cost-saving opportunities for barge operators and owners, including more effective use of manpower, reducing insurance premiums, minimizing missed drop-offs and helping avoid barge collisions. A client of the Murray Innovation and Commercialization Center, Waterway Innovations expects to create nine new high-tech jobs paying an average annual salary of $68,000, exclusive of benefits.
Paducah
The Lane Report
- General Fund and Road Fund receipts reported for fiscal year 2025
- PSC and KCTCS join forces with new PSC 811 Damage Prevention Scholarship
- Crave Hot Dogs & BBQ launches inside Louisville Walmart
- Crunch Fitness brings state-of-the-art fitness facility to Lexington
- Gov. Beshear announces $14.4 million to improve infrastructure damaged in 2022 floods
- BreyerFest 2025: Cheers to 75 Years of Horse Magic at the Kentucky Horse Park
- 8 Kentucky companies awarded nearly $750,000 to continue technology development in the Commonwealth
- Op-Ed: Proposed Federal cuts hurt KET
- New study reveals which metro areas have the most and least disposable income in Kentucky
- Saint Joseph London pulmonologist performs first robotic-assisted bronchoscopy
Add Comment