Firm Plans $2.7M Expansion of Kentucky Hemp Plant
July 29, 2019
Hemp cultivator and processor Resonate Foods LLC recently revealed plans to invest $2.7 million in an expansion of its 15-acre processing plant in Lyon County, Kentucky, according to a press release issued by Kentucky Gov. Matt Bevin.
“Resonate Foods is one of the local companies to greatly benefit from a rise in customer demand, as represented by their recent success. As companies like Resonate expand, the commonwealth will continue to work to ensure they have every opportunity to succeed,” Gov. Bevin said in a statement. “This announcement is great news for the Lyon County community, and we are grateful to this company for its commitment to the Bluegrass State.”
The company’s plan calls for the addition of new greenhouses, drying buildings and equipment, and a new processing laboratory that will extract, distill, and refine hemp for its wholesale and retail products. A number of new production contracts were signed for 2019 after a successful harvest in 2018, creating a need for the expansion effort.
“Resonate is honored and proud to be part of the honest and hardworking hemp economy in West Kentucky,” Matt Willse, the company’s founder and president, said in the release. “As a craft hemp company, we create differentiated artisanal hemp products founded on quality, consistency, and dependability. We are happy and thankful to be home here in Lyon County, and look forward to continuing to invest in the local community and expand our network of trusted suppliers and customers here and in the region.”
Headquartered in Eddyville, KY, Resonat distributes its products across the country.
16 new facilities or facility expansion projects have been announced in Kentucky by companies operating in the hemp industry during the administration of Gov. Bevin, including the Resonate Foods investment.
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