"There is a ripple effect," said Owensboro Mayor Ron Payne, "when you create these jobs. These people live here. They shop here. They spend that money here. So, it turns over several times. And the more economic activity we have, the better off we're going to be."
The expansion also means U.S. Bank will make another $15 million investment in Owensboro. State and local governments kicked in $2.8 million worth of incentives to help seal the deal.