FRANKFORT, Ky. (AP) -- Kentucky 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.