General Matter invests $1.5 billion in Paducah Uranium Enrichment Facility

WESTERN KENTUCKY (KBSI) – A $1.5 billion investment from General Matter is poised to bring significant economic growth to Western Kentucky, with the construction of a uranium enrichment facility in Paducah. The project is expected to create 140 jobs and marks the largest investment in the region’s history.

General Matter, a privately funded American company, aims to develop uranium enrichment technology, reducing the country’s reliance on foreign suppliers. The company plans to begin enrichment operations in Paducah by the end of the decade.

The facility will be built at the former Paducah gaseous diffusion uranium enrichment plant site, which previously served as the first location in the United States for industrialized enrichment technology.