News Summary

• General Matter, a California-based company, said Aug. 5 it will build a $1.5 billion facility in Paducah.
• Once operational, it will employ 140 people and generate more than $70 million annually in regional economic impact.
• The facility is about 20 miles as the crow flies from the Missouri border and about 40 from Cape Girardeau, Missouri.
• There, General Matter will enrich uranium, a process that makes the heavy metal more concentrated to be a suitable form of fuel for nuclear power plants.