FRANKFORT, Ky. (AP) - Gov. Steve Beshear has announced that Dippin' Dots LLC is planning to upgrade and expand its plant in Paducah, adding 30 new jobs.
Beshear made the announcement Tuesday, the day after a federal bankruptcy hearing involving the novelty ice cream maker was canceled.
Once the self-proclaimed "Ice Cream of the Future," Dippin' Dots sought federal bankruptcy protection in 2011. The company called the move necessary to stave off foreclosure on more than $11 million in loans. Investors from Oklahoma City purchased Paducah-based company for $12.7 million in May.
Now, the new owners are planning operational improvements that will include a $3.1 million investment to upgrade and renovate the plant as well as the added jobs.