“The PAD filing for Lewis Ridge is an important milestone in the development process,” said Paul Jacob, CEO of Rye Development. “Rye is excited to partner with the local community on this important project and to help deliver significant jobs and economic benefits to this coal region and state as the US electric grid transitions.”
Lewis Ridge will bring over 2000 family wage construction jobs during a 3 – 5 year build period, as well as several dozen direct and indirect family-wage jobs during project operations.
“When Congressman Hal Rogers and Governor Steve Beshear founded ‘Shaping Our Appalachian Region’ (SOAR) nearly a decade ago, they imagined it to be an organisation dedicated to supporting long-term economic development and innovation in Eastern Kentucky,” added Colby Hall, Executive Director of SOAR. “That is why we’re proud to support Rye Development’s Lewis Ridge project, which will represent a projected US$1+ billion investment into Eastern Kentucky. On top of this, it will pave the way for more high-tech employers to locate in the region, creating good-paying jobs for more Eastern Kentuckians. SOAR has no higher priority than this.”