MCCRACKEN COUNTY, Ky . (KFVS) – Governor Andy Beshear announced another step in a major economic development project in McCracken County.

Beshear announced a land transfer was finalized between Global Laser Enrichment LLC (GLE) and the Commonwealth of Kentucky.

The proposed project is a uranium enrichment project to create nuclear fuel, and the proposed operation would employ 300 Kentuckians.

GLE is acquiring 665 acres that were previously owned by the Kentucky Department of Fish and Wildlife Resources through an agreement with the state.

Kentucky Fish and Wildlife and the Paducah-McCracken County Industrial Development Authority. GLE has a contract with the U.S. Department of Energy (DOE) to process uranium stored from past activities at the Paducah Gaseous Diffusion Plant.

The scale and timeline of the project are contingent on DOE funding, Nuclear Regulatory Commission licensing and support from industry, community and state partners.

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