General Electric is among three companies in Kentucky receiving federal money to upgrade their energy efficiency.
GE will get $2.5 million out of $3.35 million in American Recovery and Reinvestment Act money. It will replace inefficient lighting, upgrade air conditioning and waste treatment systems, and replace a central steam heating system with more efficient systems.
Dirk Bowman, general manager of Appliances Manufacturing for GE, said in a news release, "We are very pleased to receive these funds that help us continue our efforts to make Appliance Park as energy efficient as possible. The projects funded through this grant contribute to our ability to manufacture products at Appliance Park, such as our new line of energy efficient hybrid electric water heaters."
"Reduced energy consumption is critical in today's economy," said Gov. Beshear in the release. "Not only will the companies save money on energy costs, but the environment will benefit as well from reduced emissions."
The grant money is intended to speed up energy efficiency and renewable energy projects for businesses operating in Kentucky. Companies competed to be given the money, which accounts for 40%-60% of what's needed for each project. The company pays the rest.
Other companies receiving federal money include Arch Chemicals in Brandenburg, which gets $450,000 and International Paper Company in Henderson, which receives $400,000.
For more information on these projects, click here.
To find out more about Kentucky incentive plans, business development and other resources, click here.
