Category Archives: Latest News

Belcan Corp. to add 100 jobs, expand Lexington operations

Mayor Jim Gray and Lt. Gov. Crit Luallen joined Tuesday afternoon with executives of Cincinnati-based engineering firm Belcan Corp. and others to announce that the company is bringing 100 new jobs to the city and expanding its Lexington Vine Center … Continue reading

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Blue Grass Community Foundation ranked fifth nationally for active grantmaking

Blue Grass Community Foundation has been named as the fifth most active community foundation grantmaker in the United States in 2014, according to a national report released recently by CF insights. “We are thrilled but not completely surprised to learn … Continue reading

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A&W Restaurant bets on food, service and ‘hip nostalgia’

Lexington-based chain A&W Restaurants is preparing to open the fourth version of its new concept A&W Burgers-Chicken-Floats next month along East Main Street. The storied, 96-year-old restaurant chain is seeking to relaunch its brand in a fight for the “better … Continue reading

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Kentucky Bank Tennis Championship serves up a world-class tournament

From July 27 to Aug. 2, the Hilary J. Boone Tennis Complex at the University of Kentucky will host the Kentucky Bank Tennis Championship, a professional tournament that is part of the United States Tennis Association’s Pro Circuit, with many … Continue reading

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Kentucky Bank completes Madison Bank acquisition

Kentucky Bancshares, Inc., the holding company of Kentucky Bank, has completed its acquisition of Madison Bank. Madison Bank, formerly a wholly-owned subsidiary bank of Madison Financial Corporation of Richmond, Kentucky, has been merged into Kentucky Bank, and its three former … Continue reading

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Alltech expands brewing with purchase of operations in N. Ireland and England

Alltech, the Nicholasville-based global nutritional giant, announced Tuesday a major expansion of its brewery division into the European market. The company said Tuesday it had purchased The Station Works Brewery in Newry, County Down, Northern Ireland, and Cumberland Breweries Ltd. … Continue reading

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Lexmark to cut 500 jobs; earnings fall in Q2

Lexmark International Inc. announced plans Tuesday to cut 500 jobs worldwide after reporting lower earnings for the second quarter. The Lexington-based printer and software company said it took in $891 million in the quarter, down from $894 million during the … Continue reading

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Kroger looks to fill 1,000 part-time jobs with tri-state hiring fair

Kroger will host a hiring fair at 98 store locations in Kentucky, Indiana and Illinois on Saturday, July 25, with the intent of filling 1,000 permanent part-time positions. Hiring fair sites in Lexington will include 12 store locations, including: Tates … Continue reading

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UK names Cassis as VP for research

Lisa Cassis has been named the University of Kentucky’s vice president for research. Cassis, a long-time UK professor and chair of the Department of Pharmacology and Nutritional Sciences, has served as the university’s interim vice president for research since June … Continue reading

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New restaurant news: Sage Rabbit opens in Chevy Chase, marking return of chef John Foster

Starting tomorrow at lunchtime, longtime chef and culinary professor John Foster will mark his return to restaurants with the opening of The Sage Rabbit in Chevy Chase. “We’re definitely excited,” Foster said Thursday morning. “We got our liquor license yesterday, … Continue reading

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Amazon announces plan to add another 200 full-time Lexington jobs

Less than six months after announcing plans to add 100 full-time jobs at its Lexington fulfillment centers, retail giant Amazon said Wednesday it has 200 addition positions to fill. “It’s all due to customer demand,” said Amazon spokeswoman Nina Lindsey. … Continue reading

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Bed bugs take a bite out of hotel revenue, UK study shows

Bed bugs have always been a costly risk for the hospitality industry, but researchers at the University of Kentucky’s College of Agriculture, Food and Environment have now put a price on reported hotel encounters with the vexing vermin. Based on … Continue reading

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Ale-8-One celebrates 89th birthday with updated packaging

Ale-8-One, the regionally beloved ginger-citrus soft drink manufactured in Winchester, Kentucky, is celebrating its 89th birthday with updated packaging aimed at broadening its appeal. Fielding Rogers, the company’s 34-year-old fourth-generation owner and CEO, said the time was right to refresh … Continue reading

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Mark Boison appointed to lead Fifth Third’s Lexington market

Mark Boison has been named to lead the Lexington market for Fifth Third Bank. He will replace Michael Ash, who will be moving into the role of president and CEO (Kentucky) for Fifth Third, a position currently held by Tom … Continue reading

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Fazoli’s acquired by Sentinel Capital Partners

The private equity firm Sentinel Capital Partners has acquired Lexington-based Fazoli’s Group, Inc., franchisor and operator of 213 Fazoli’s restaurants nationwide. Terms of the deal were not disclosed. “Fazoli’s has consistently outperformed its competitors and will be a very strong … Continue reading

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Buddha Lounge brings serious sushi to downtown Lexington

Buddha Lounge, a chic and metropolitan sushi bar and restaurant operated by former San Franciscan Nick Lagagsorn, will open for lunch only beginning July 9. Lagagsorn said the new restaurant _ at 109 North Mill between Main and Short streets … Continue reading

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Governor, mayor highlight award honoring Kentucky’s economic development

Gov. Steve Beshear came to Lexington on Monday, joining with Mayor Jim Gray along with area civic and business leaders to celebrate Kentucky being honored for economic growth. Site Selection magazine, an Atlanta-based publication that focuses on corporate real estate … Continue reading

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Aetna moves to acquire Louisville-based Humana in $37 billion deal

Hartford, Connecticut-based Aetna Inc. has announced its intent to acquire Humana Inc. in a $37 billion deal that would significantly boost the combined company’s revenue and its presence in the Medicare business, if approved by regulators. The deal, which values … Continue reading

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Sen. McConnell talks business, trade and politics at Commerce Lexington luncheon

U.S. Sen. Mitch McConnell spoke Wednesday afternoon at Commerce Lexington’s Public Policy Luncheon series, the first visit with the group for the longtime Kentucky legislator since ascending to the role of Senate majority leader. In a wide-ranging talk before about … Continue reading

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Kroger approves two-for-one stock split

The Kroger Co. has announced a two-for-one stock split to take effect in July, along with a 13.5 percent increase in the company’s quarterly dividend. The company also announced its intent to launch a $500 million share repurchase program. The … Continue reading

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R.J. Corman Railroad to buy short line spanning Carolinas

Nicholasville-based R.J. Corman Railroad Co. announced plans to buy an 80-mile stretch of railroad spanning North and South Carolina. The company said it will pay $13.9 million for the short line located in the eastern part of both states, running … Continue reading

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Community Bank Shares changes name, stock symbol

Community Bank Shares of Indiana Inc., which has operations in several Kentucky counties, has changed it’s name and NASDAQ symbol, the company announced. Officials said the company’s new name is Your Community Bankshares Inc. and that the new ticker symbol … Continue reading

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Bike Lexington Commuter Challenge names 2015 winners

With 134 commuting trips on two wheels during the month of May, Marcus Rugger was named as the first-place winner of the 2015 Bike Lexington Commuter Challenge. The annual competition, sponsored by Pedal Power, challenged both new and seasoned Fayette … Continue reading

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Crank & Boom Ice Cream Lounge to open this week in Distillery District

After two years of building interest in their locally made ice cream on the mobile food scene, owners Mike and Toa Green will open the doors this Friday afternoon to the new home of Crank & Boom Craft Ice Cream … Continue reading

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Grimes adds voice to rally pushing for hike in Lexington’s minimum wage

Secretary of State Alison Lundergan Grimes helped lead a rally late Tuesday morning in downtown Lexington for supporters of a push to raise the minimum wage in the city. The gathering was organized ahead of a meeting by the Lexington-Fayette … Continue reading

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Fifth Third to sell 100 branch locations in network reorganization

Cincinnati-based Fifth Third Bancorp said Monday it will sell about 100 of its more than 1,300 branch locations plus dozens of other properties as part of a major network reorganization. The move comes against the backdrop of a declining use … Continue reading

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Lexington Pasta Garage Cafe debuts on Delaware Avenue

Fresh business. Fresh area. Fresh concept. Fresh pasta. Lexington Pasta — purveyors of locally made gourmet pasta — is marking the grand opening of Lexington Pasta Garage Cafe, a combined manufacturing facility and retail lunch counter on the rapidly awakening … Continue reading

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Odeith mural blasted away in contracting mishap

By the time the social media storm kicked up, it was too late. The stunning Odeith-Eith mural along North Limestone — a psychedelic mashup of racing Thoroughbreds and stylized graffiti lettering — was all but gone, blasted away by a … Continue reading

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Minimum wage debate gets governor’s push, local hearing

The debate over raising the minimum wage has taken on new urgency this week with the governor granting some state workers at least $10.10 per hour and the Lexington-Fayette Urban County Council holding a public meeting on a similar ordinance. … Continue reading

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Local game developer Super Soul nets gold prize in Oculus VR Jam competition

Your next Kentucky camping trip may be as easy as slipping on a headset, thanks to a new virtual reality game being developed by Lexington-based video game development company Super Soul. The game, Daydream Blue, immerses the player in a … Continue reading

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EPA grant to help pay for historic Fayette County Courthouse cleanup

The U.S. Environmental Protection Agency has awarded the Lexington-Fayette Urban County Government a $200,000 grant to help clean up the historic Fayette County Courthouse. The grant, part of the EPA Brownfields Program, will pay for the cleanup of contaminants at … Continue reading

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Breeders’ Cup Festival Week kickoff highlights plans to roll out cultural red carpet

Fresh off the first Triple Crown win in more than a generation, leaders of a clearly energized Thoroughbred industry joined Monday morning with Lexington’s civic and community leaders to announce details of a week of events surrounding the city’s first … Continue reading

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American Founders Bank sells Lexington branches

American Founders Bank Inc. has sold three Lexington branches to City National Bank of West Virginia, City National’s parent company has announced. City Holding Company said City National will pay premiums on deposits and loan balances totaling about $6.4 million. … Continue reading

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National Avenue area becomes ‘Warehouse Block’

The National Avenue area, the burgeoning urban corridor east of downtown near the popular Kenwick and Mentelle neighborhoods, is being rebranded as “Warehouse Block,” complete with signs and a stylized logo. Walker Properties, which has developed much of the former … Continue reading

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Michler’s opens ‘neighborhood oasis’ Kentucky Native Cafe

Something new has sprouted at Michler’s Florist, Greenhouse and Garden Design, the 113-year-old Lexington nursery on East Maxwell Street. Kentucky Native Cafe is Michler’s new dining spot, offering craft beer, salads and small plates in a verdant outdoor setting. “This … Continue reading

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Sumitomo breaks ground on expanded Lexington facility

Sumitomo Electric Wiring Systems Inc. broke ground Monday on a new 440,000-square-foot facility in Lexington. The company, which supplies wire harnesses, components and electronics to the automotive industry, will almost double its Lexington footprint with the opening of the new … Continue reading

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Dozens of Lorillard Lofts unit sold at auction

More than two dozen units in a debt-ridden Lexington lofts project have been sold at a court-ordered auction to satisfy loans made by a bank to a local developer. Lorillard Lofts, named for the tobacco processing company that operated in … Continue reading

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Charter to buy Time Warner Cable in deal valued at nearly $79B

Charter Communications Inc. announced Tuesday a plan to buy Time Warner Cable Inc., in a deal that values the Lexington area’s dominant cable television and high-speed Internet provider at $78.7 billion. At the same time, Charter announced an amended deal … Continue reading

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BB&T contributes $2.5 million for study of capitalism at Gatton

BB&T has provided $2.5 million to fund the BB&T Program for the Study of Capitalism at the University of Kentucky’s expanded and renovated Gatton College of Business and Economics, scheduled to open in fall 2016. The program will offer financial … Continue reading

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Kroger set to open its largest Kentucky store in Versailles in July

The largest Kroger store in the state of Kentucky is scheduled to open in Versailles on July 16. The 133,000-square-foot MarketPlace Kroger store, which will be located at 212 Kroger Way, will offer expanded varieties of apparel, housewares and bed … Continue reading

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Alltech’s annual conference puts spotlight on speakers, craft beer and spirits

Alltech’s annual conference is underway in downtown Lexington, bringing together employees and others for a week of events, networking and inspiring talks from top speakers, including retired U.S. Gen. Colin Powell and University of Kentucky basketball coach John Calipari. Pearse … Continue reading

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National Provisions expands with European-style grocery

Andrea Sims and Krim Boughalem, the owners of Table Three Ten and National Boulangerie, have expanded their National Provisions operation yet again with their fourth phase: the opening of a grocery in the adjoining space on the corner of Walton … Continue reading

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Herald-Leader publisher: ‘Target goal’ reached in round of buyouts

An unknown number of employees have agreed to leave the Lexington Herald-Leader as part of a round of buyouts, newspaper officials said Tuesday. “We achieved our target goal through our voluntary separation plan,” said Rufus M. Friday, president and publisher … Continue reading

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Blaze Pizza coming to South Limestone in July

The fast-growing national pizza concept Blaze Fast-Fire’d Pizza is set to light up its ovens for the first time in Lexington in mid-July. The Louisville-based franchise group Millennial Restaurant Group is scheduled to open its eighth Blaze Pizza location on … Continue reading

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New cafe in National Avenue area to serve up broth, raw foods

A new cafe opening in the burgeoning National Avenue area east of downtown will add trendy broth and raw foods choices to region’s growing culinary options. Caldo is set to open May 26 inside the local holistic health facility Centered, … Continue reading

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YMCA Beaumont rededicated and renamed to honor Gatton

The YMCA of Central Kentucky’s Beaumont facility in Lexington now bears a name familiar to business, community and philanthropic circles: The Carol Martin Gatton Beaumont YMCA. City, university and community leaders gathered Tuesday morning to help the Christian-based organization rededicate … Continue reading

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Council approves establishment of downtown management district

By a vote of 12-2 with one abstention, the City Council approved the formation of Lexington’s first downtown management district earlier this month, which will collect fees from downtown property owners to fund enhanced services and maintenance within the district’s … Continue reading

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Great American Fitness Challenge at the Horse Park urges everyone to ‘get in the game’

The Kentucky Horse Park’s renowned steeplechase course, usually reserved for elite equines, will become the exercise playground of fitness enthusiasts from across the region next month, for an event that local organizers hope will put Lexington on the map as … Continue reading

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Restaurant news: The Macho Nacho, Tex-Mex delivery, coming to Chevy Chase

It’s not just what’s going into the spot at the corner of High Street and Euclid Avenue this fall, says first-time restaurateur Aaron Rothke, but what will be coming out. The Macho Nacho, which Rothke describes as a modern American … Continue reading

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HealthSouth completes Cardinal Hill purchase

HealthSouth Corp.’s purchase of Cardinal Hill Rehabilitation Hospital in Lexington has been completed, officials said. The previously announced deal makes Cardinal Hill the Birmingham, Alabama-based corporation’s third Kentucky facility, after rehabilitation hospitals in Edgewood and Elizabethtown. “HealthSouth plans to continue … Continue reading

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Economic impact of Kentucky tourism topped $13 billion in 2014

Kentucky tourism generated an economic impact of roughly $13.1 billion in 2014, according to survey results released this week by the state’s Tourism, Arts and Heritage Cabinet. Tourism spending increased in all nine of the state’s tourism regions, with the … Continue reading

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New downtown Lexington sushi bar readies for summer opening

Former San Franciscan Nick Lagagsorn is transforming a mundane former office space on North Mill into a chic and metropolitan sushi bar and restaurant, Buddha Lounge, expected to open by July. After years of working in San Francisco’s restaurant industry, … Continue reading

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Lexmark announces earnings for quarter; CEO Rooke points to gains in ‘core revenue’

Lexmark International Inc. on Tuesday announced a slight decline in year-to-year revenue for the first quarter even as it delivered results at the top end of its projections. The Lexington-based printer and software company reported revenue of $855 million, as … Continue reading

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Bank marks opening of 2nd Lexington branch

First Security Bank recently held a ceremony marking the opening its Wellington Banking Center. Officially opened in early January, the Wellington Banking Center is at 345 Ruccio Way, just west of Nicholasville Road near Fayette Mall. The Owensboro-based bank also … Continue reading

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Alltech to buy Canadian firm, create $1.6B company

Nicholasville-based Alltech announced Thursday it has reached an agreement acquire Canadian animal nutrition firm Ridley Inc. in a deal that would create a company with $1.6 billion in combined revenue. Alltech spokeswoman Susanna Elliott said Ridley’s board of directors agree … Continue reading

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Downtown movie theater complex to begin construction this summer

A 12-screen downtown movie theater complex in the works for the corner of High and Broadway since early 2014 is moving forward, with construction set to begin this summer. The 90,000-square-foot Krikorian Premiere Theatres complex, which will replace what is … Continue reading

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Report: 9 indicted in whiskey thefts; may be tied to Pappy Van Winkle robbery

FRANKFORT, Ky. – The Courier-Journal reports that a Franklin County grand jury indicted nine people Tuesday in connection with Kentucky whiskey thefts dating back to 2008, possibly including the notorious heist of 65 cases of Pappy Van Winkle Family Reserve. … Continue reading

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UK HealthCare officially opens outpatient center at former Turfland Mall site

UK HealthCare marked the official opening of its new outpatient center, UK HealthCare at Turfland, at the former Turfland Mall site on Harrodsburg Road Monday. The 85,000-square-foot facility, located on the previous site of the mall’s anchor department store Dillard’s, … Continue reading

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Noodles and Company opens second Lexington location

Noodles and Company opened its second Lexington location on Tuesday, at the corner of Limestone and Euclid Avenue, near the University of Kentucky campus. The Colorado-based fast-casual restaurant, which specializes in globally inspired pasta dishes, was launched in the Denver … Continue reading

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U.S. tourism agency films in Lexington to promote area in United Kingdom

Brand USA, a federally created agency that promotes U.S. tourism overseas, hit the Lexington area to create videos targeted to attract British travelers. The group, which is funded through private donations that “unlock” matching funds from a fee on certain … Continue reading

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‘Seinfeld’ inspiration Peterman talks about life and business at EMERGE conference

Local retail entrepreneur and “Seinfeld” inspiration John Peterman talked about his life in business Wednesday at Lexington Center during Commerce Lexington’s second annual EMERGE conference. Peterman, taking the stage in his trademark duster and wide-brim hat (which he quickly abandoned), … Continue reading

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BCTC breaks ground on new Georgetown campus

The Bluegrass Community and Technical College (BCTC) broke ground Monday on a new 78,000-square-foot campus in Georgetown, Kentucky. The new campus in Lanes Run Business Park will house the college’s Advanced Manufacturing Center for high-skills jobs training, in addition to … Continue reading

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Gatton team takes second in SEC MBA Case Competition

A group of MBA students from the University of Kentucky’s Gatton College of Business and Economics took second place at the 2015 Southeastern Conference MBA Case Competition, held in Columbia, South Carolina, over the weekend. Fourteen SEC schools competed in … Continue reading

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Mayor offers $324M budget plan with jobs, Old Courthouse upgrade in focus

Mayor Jim Gray unveiled a $324 million spending plan Tuesday that includes $22 million for the Old Courthouse Building, among other infrastructure and capital projects. Gray delivered his plan for Fiscal Year 2016, which begins July 1, before the Lexington … Continue reading

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North Limestone group wins $550K Knight grant for food hub plan

The nonprofit community organization behind the popular Night Market events has been awarded more than half a million dollars by the Knight Foundation to develop a permanent site to serve as a food hub and small-business incubator. The North Limestone … Continue reading

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Bluegrass Farm to Table gets grant to fund more local produce for low-income buyers

Bluegrass Farm to Table has been awarded a $47,250 grant from the U.S. Department of Agriculture to get more healthy fruits and vegetables into the hands of low-income residents. Through the Bluegrass Double Dollars program, participants in the state’s Supplemental … Continue reading

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Update: National Avenue corridor getting key new tenant

The blossoming National Avenue corridor is about to welcome a key new tenant, with plans to turn the high-profile corner of Walton Avenue and Winchester Road into a showpiece gateway into the area. Locals’ is a bar and restaurant concept … Continue reading

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Bacardi buys Angel’s Envy bourbon

Bacardi Limited is moving into the bourbon market. The Bermuda-based family-owned company, which is the world’s largest privately held spirits company, has acquired Louisville-based Angel’s Share Brand and its subsidiary, Louisville Distilling Co, the makers of Angel’s Envy Port Finished … Continue reading

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Alltech opens brewing and distilling academy

Higher learning in Lexington takes on a sly, literal twist with the opening of Alltech Brewing and Distilling Academy. The academy opened this week as part of Alltech Lexington Brewing and Distilling Co., a division of the Nicholasville-based nutrition company. … Continue reading

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Lexmark honored with supply chain innovation award

Lexmark International has been named as the winner of the Commonwealth Supply Chain Innovation Award, presented by the University of Kentucky’s Gatton College of Business and Economics at the college’s annual Supply Chain Forum. The award recognizes operational excellence in … Continue reading

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UK agriculture study finds big impact beyond the fields

Record cash receipts over the past couple of years attest to the growth of Kentucky’s agriculture economy, with its overall impact to the state’s wider economy following suit. Now a new study from the University of Kentucky that takes a … Continue reading

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Grammar Gourmet: The writing on the wall

You may not care for Alex Rodriguez, the New York Yankees infielder who is rejoining his team after a yearlong suspension for using steroids. But his recent apology letter to fans rocked. In an era of tweets and Instagram, he … Continue reading

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Book Review: ‘Playbook’ covers the X’s and O’s in creating a successful career

The job market for recent college graduates and millennials (those born between 1981 and 2000) has “never been more competitive, unstructured and difficult to navigate,” states career expert James M. Citrin in his new book, “The Career Playbook: Essential Advice … Continue reading

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Salad shop opening doors in The Square

Quick on the heels of the announcement that a craft beer bar is setting up shop at The Square in downtown Lexington comes news of another tenant moving in. Vinaigrette Salad Kitchen, which bills itself as a “fast casual” salad … Continue reading

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Lexington Angler to close; inventory on sale

The Lexington Angler is shutting its doors, cutting bait after about three and a half years at its downtown Lexington location. Owner Gene Slusher said Wednesday that the store would be closing soon but that no firm date has been … Continue reading

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Craft beer bar HopCat set to open at the Square this summer

A new restaurant, taphouse and brewery will bring its showcase of up to 140 craft beers from around the state and the world to the Square in downtown Lexington this summer. The craft beer bar HopCat will open its $3 … Continue reading

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Lexmark to buy software-maker Kofax for $1B

Lexmark International Inc. announced Tuesday it is buying California-based software-maker Kofax Ltd. in a deal valued at $1 billion. Lexmark CEO Paul Rooke said acquisition would “bring tremendous scale and strength” to the company’s enterprise software business, nearly doubling its … Continue reading

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Louisville Slugger on deck for purchase by Wilson

Louisville Slugger, the venerable maker of baseball bats and the official bat of Major League Baseball, is being purchased by sporting goods giant Wilson, officials from both companies have announced. Wilson, the Chicago-headquartered division of Finnish-based Amer Sports Corp., is … Continue reading

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Clinics scheduled to make the move to new UK HealthCare Turfland facility

UK Sports Medicine, Sports Rehabilitation and Radiology, previously located on Perimeter Drive, are scheduled to relocate by March 30 to UK HealthCare’s newly renovated outpatient center at the former Dillard’s site at Turfland Mall. The clinics will be closed from … Continue reading

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Commerce Lexington announces fall trip to Croatia

Commerce Lexington has selected Croatia as the destination for its annual international trip, to be held this year Nov. 6 to 14. The nine-day trip will feature excursions to the cities of Dubrovnik, Split, Zagreb and the Dalmatian Coast. The … Continue reading

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Firm’s Helix Garage facade chosen for global design competition

Lexington architecture firm Pohl Rosa Pohl is a finalist in a worldwide design competition for its work on the new Helix Garage facade on Main Street. The Architizer A+Awards honor architecture and design in a variety of categories. The Helix … Continue reading

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City begins discussions on proposal to raise minimum wage to $10.10 per hour

The Lexington-Fayette Urban County Council began discussions Tuesday on a proposal to raise the minimum wage to $10.10 per hour, up from the current state mandated low wage of $7.25 per hour. The proposal is being backed by council member … Continue reading

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City launches public-private plan to ‘Green Up for Breeders’ Cup’

Lexington officials are looking to the business community to help spruce up several key corridors into the city ahead the Breeders’ Cup at the end of October. Mayor Jim Gray and members of the Keep Lexington Beautiful Commission made their … Continue reading

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Lexington Clinic breaks ground on new Beaumont facility

Lexington Clinic has officially broken ground for the construction of its 11,800-square-foot Beaumont facility, to be located on Lakecrest Circle. The new location, called Lexington Clinic Beaumont, will combine two existing Lexington Clinic offices: Lexington Clinic Palomar Family Health Centre … Continue reading

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Next phase for UK Chandler Hospital approved by Board

The University of Kentucky Board of Trustees has approved the next phase of the fit-out for UK Albert B. Chandler Hospital’s Pavilion A, along with a renovation of Samaritan Hospital’s emergency department. The plan for Chandler Hospital includes an additional … Continue reading

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New Kroger on Euclid Avenue gets company

The new Kroger supermarket on Euclid Avenue is about to get some company in the form of a nearby commercial development. Equity Management is planning to build a 9,600-square-foot development at Euclid and Marquis Avenue that will house retail and … Continue reading

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Hurst office supplies breaks ground on new location

Hurst, the office supply and furniture specialists with a more than 90-year history in Central Kentucky, celebrated the groundbreaking of its latest location. Mayor Jim Gray and other city officials were among those who attended Monday’s christening of the new … Continue reading

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West Sixth releases new seasonal Belgian Blonde in cans, draft

West Sixth Brewing Co. this week launched canned sales of its Belgian Blonde, the first beer in its new seasonal series. Known in the West Sixth taproom as the Bryan Ave Belgian Blonde, the beer is light in color, with … Continue reading

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LexArts kicks off annual fundraising drive

LexArts kicked off its annual fundraising drive Tuesday during a gala event at the Kentucky Theatre. The organization, Lexington’s United Arts Fund and community arts group, is raising money to benefit the city’s arts and cultural institutions. The 2015 Fund … Continue reading

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Officials work to bring fiber-optics, faster Internet to Lexington

Lexington Mayor Jim Gray is leading a push to bring a fiber-optic network to the city that would vastly increase Internet speeds for businesses and residents. As part of the effort, the city has sent out a request for private … Continue reading

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State approves funding for new UK research facility

The University of Kentucky’s $265 million multidisciplinary research building has moved one step closer to fruition, as the state General Assembly and Gov. Steve Beshear approved $132.5 million in state bonds for the project. The other half of the required … Continue reading

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Divisive ‘Beer Bill’ passes, sent to Gov. Beshear

The Kentucky Senate voted 23-13 Wednesday to send high-profile “Beer Bill” legislation to Gov. Steve Beshear’s desk. The move was immediately praised by Kentuckians for Entrepreneurs & Growth, or KY KEG, which helped to push for its passage. House Bill … Continue reading

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‘Beer Bill’ distribution rules fight heads to full Senate

High-profile “Beer Bill” legislation that would force Belgium-based beer giant Anheuser-Busch InBev to sell its two Kentucky distributorships is headed for a full Senate hearing, after a successful committee vote Tuesday morning. The Senate Licensing, Occupations and Administrative Regulations Committee … Continue reading

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Breeders’ Cup tickets to go on sale March 4

Tickets for the 2015 Breeders’ Cup World Championships are set to go on sale to the general public at noon March 4. Because of strong demand, race organizers are opening ticket sales three months earlier than usual for the event, … Continue reading

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Tiffany & Co., Brown-Forman and UPS honored by EPA for climate leadership

Tiffany & Company, Brown-Forman Corporation and UPS have been recognized by the Environmental Protection Agency as winners of the EPA’s 2015 Climate Leadership Awards. UPS was one of six organizations honored with the agency’s Excellence in Greenhouse Gas Management Goal … Continue reading

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Golden chicken bones, Tomato Fest poster top local advertising awards

Necklaces made of gold-plated chicken bones took top honors as AAF Lexington, the local affiliate of the American Advertising Federation, honored the best in local advertising with its Addy Awards. Kentucky for Kentucky’s innovative spot produced a lot of attention … Continue reading

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Jockey Club buys controlling interest in Blood-Horse magazine

In a deal announced Friday, the Jockey Club has purchased a controlling interest in Blood-Horse magazine and related properties. Jockey Club Chairman Ogden Mills Phipps and Peter S. Willmott, chairman of The Thoroughbred Owners and Breeders Association, announced the deal, … Continue reading

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Maker’s Mark readies Rupp bottles to help fund UK student-athlete center

Maker’s Mark will produce commemorative bottles of its bourbon featuring legendary University of Kentucky basketball coach Adolph Rupp as part of a fundraising effort to expand the school’s support center for student-athletes. UK Athletics Director Mitch Barnhart announced the initiative … Continue reading

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Transylvania University names new dean

Transylvania University has named a new dean and vice president of academic affairs. Laura Koppes Bryan currently serves as dean of the University of Baltimore’s Yale Gordon College of Arts and Sciences. “We are very excited to have Dr. Bryan … Continue reading

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Artist’s barrel-based sculpture to adorn bridge linking Distillery District, downtown

A series of illuminated, abstract sculpture based on charred bourbon barrels soon will mark one of Lexington’s major gateways: Oliver Lewis Way Bridge linking the city’s burgeoning Distillery District with downtown. Colorado-based artist Christopher Weed’s “Origins” beat out more than … Continue reading

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JMI Sports taps MLB exec Archey to head UK marketing effort

Paul Archey, who led the creation of the World Baseball Classic while heading international operations for Major League Baseball, will take the helm of JMI Sports’ new marketing partnership effort with the University of Kentucky. Archey, a native of Greenup, … Continue reading

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Amazon to add more than 100 full-time jobs in Lexington

Amazon announced Thursday it plans to add more than 100 full-time jobs at its Lexington fulfillment centers. “The new jobs Amazon is providing will improve the lives of many families in Lexington and in the central Kentucky region,” Mayor Jim … Continue reading

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Top Hurst Office Suppliers administrator Gormley dies at 61

Thomas R. Gormley Jr., a longtime president and chief operating officer of Hurst Office Suppliers Inc., has died, officials announced. Gormley died Monday of unspecified causes. He was 61. Hope Hurst Lanham, the third-generation CEO of the Lexington-based company, announced … Continue reading

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Snowstorm cleanup keeps many from getting back to business

Schools and many businesses throughout Lexington closed up shop Tuesday as the region worked to dig its way out after a daylong snowstorm dumped 10 inches of snow across a wide area. The storm forced flight cancellations at Blue Grass … Continue reading

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Crave Lexington announces dates, move to new venue

The Crave Lexington Food & Music Festival is returning this summer, but in a new, larger home. Festival officials announced Tuesday that the event will be held Saturday and Sunday, Aug. 22 and 23, at the fairgrounds at Masterson Station … Continue reading

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Chevy Chase Inn set to change ownership in March

  The Chevy Chase Inn, Euclid Avenue’s historic neighborhood bar, is scheduled to change hands on March 2, but the new owners will be familiar faces within the business district. Kevin Heathcoat and Will Pieratt, owners of Bourbon n’ Toulouse, … Continue reading

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Kentucky Crafted honored by tourism group, adds musical acts

The Kentucky Arts Council is highlighting a new honor and details about musical acts set for its premier arts event, Kentucky Crafted: The Market. The annual spring show focuses on fine arts, crafts, literature food and music. This year’s event … Continue reading

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Alltech buys firm focused on livestock production, efficiency

Nicholasville-based animal nutrition leader Alltech announced the purchase of United Kingdom-based firm E-CO2 Project Limited, which provides environmental assessments and mitigation programs for livestock operations. “The acquisition of E-CO2 underscores Alltech’s long-term commitment to strong, sustainable global agriculture, as well … Continue reading

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City adds parking spaces to Upper Street across from CentrePointe

Businesses on South Upper Street will get some mild relief from construction woes Wednesday when the Lexington Parking Authority installs a temporary loading zone and metered spaces in the right lane of the 100 block, adjacent to the CentrePointe project. … Continue reading

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Department of Revenue places temporary hold on electronic tax returns

The Kentucky Department of Revenue expects today to lift the temporary hold on the processing of electronic returns that it put into effect Friday in response to the detection of fraudulent returns filed through TurboTax in Kentucky and other states. … Continue reading

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Kentucky exports at all-time high

Kentucky-made products are being sold around the world at a record pace. Gov. Steve Beshear Tuesday announced that Kentucky companies exported a state-record $27.5 billion in 2014. It’s the fourth-straight year Kentucky has broken the previous mark. See full story: … Continue reading

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LexArts board chairman leaving post early

LexArts board chairman John Long announced Monday that he will step down from the arts advocacy and fundraising organization several months before his term expires. In a letter to staff, Long said other commitments had left him without the proper … Continue reading

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Dickinson Wright law firm opens Lexington office

The national law firm Dickinson Wright is expanding into Lexington with a new Vine Street office. The Detroit-based general practice firm operates in 13 states and has a growing presence regionally, including offices in Nashville, Tennessee, and Columbus, Ohio. “With … Continue reading

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Dupree Catering merges with Azur

Dupree Catering has joined culinary forces with the catering arm of Azur Food Group, the restaurant company that owns Azur Restaurant and Patio in Beaumont Centre and Brasabana Cuban Cuisine on Lane Allen Road. The merged catering company, which operates … Continue reading

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State: Unemployment rate fell in all counties for 2014

The rate of unemployment fell in all 120 of Kentucky’s counties during 2014, state agency officials said Thursday. The Kentucky Office of Employment and Training reported that the latest numbers on the state’s jobless continue a positive trend toward a … Continue reading

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Blue Grass Airport breaks record for passengers in 2014

Blue Grass Airport officials said Wednesday more than 1.2 million passengers used the airfield in 2014, a record for the Lexington facility. Officials said the total was a 9.5 percent increase over 2013’s tally and the first record-setting figure since … Continue reading

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Lexmark posts $25.6 million quarterly loss

Lexmark International Inc. announced Tuesday it posted a loss of $25.6 million in fourth quarter of 2014, or 42 cents per share, despite solid growth in key areas. The Lexington-based imaging company reported total revenue for the quarter at $1.02 … Continue reading

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Traditional Bank announces changes at top

Traditional Bank has announced several leadership position changes in the wake of former CEO Bill Bramblet’s retirement. The bank’s board of directors named William Alverson as CEO and Andy Baker as president. Traditional Bank operates 13 sites in Bourbon, Clark, … Continue reading

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Smiley Pete honored with state press association awards

The Kentucky Press Association has announced it’s annual news and advertising awards, with Smiley Pete Publications winning top honors in several categories. The Chevy Chaser magazine was awarded a first place general excellence award in advertising and a second place … Continue reading

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Exclusive interview: Fark.com’s Drew Curtis enters race to become Kentucky governor

Drew Curtis, the Versailles-based Internet entrepreneur and technologist who founded the news aggregation site Fark.com more than a dozen years ago, has announced a surprise, independent candidacy to become Kentucky’s next governor. In a wide-ranging exclusive interview with Business Lexington, … Continue reading

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Wendell Ford, former Kentucky governor and U.S. senator, dies at 90

Wendell H. Ford — a legendary figure in Kentucky Democratic politics — died Thursday morning in Owensboro, according to multiple sources. He was 90. The former Kentucky governor and four-term U.S. senator was praised by leaders from both major parties. … Continue reading

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Bluegrass real estate sales top $1.8 billion in 2014

Overall real estate sales activity in Lexington and the surrounding Bluegrass region remained steady in 2014, with a very slight decrease in residential sales, according to the Lexington-Bluegrass Association of Realtors (LBAR). LBAR members reported 10,741 real estate sales closed … Continue reading

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Business Lexington hires new editor

M. David Nichols has been named as the new editor for Business Lexington magazine. Nichols is a veteran journalist with nearly two decades of experience. A native of Northwest Indiana and Indiana University graduate, he worked the majority of his … Continue reading

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Demand cools toward end of chilly Keeneland January sale

Keeneland concluded its January Horses of All Ages sale on Jan. 15 with solid demand for its top-level stock and slightly reduced enthusiasm overall. The four-day auction, which included broodmares, broodmare prospects, racing prospects, yearlings and stallion prospects, finished with … Continue reading

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Keeneland to acquire Turf Catering

Keeneland Race Course is acquiring the family-owned Turf Catering company. Run by the Wolken family since 1929, Turf catering has been the exclusive caterer for Keeneland since 1936. Although the leadership of the catering company is changing, Keeneland plans to keep … Continue reading

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Final Sale: Vespa Lexington to Close Soon

After six years of being in business, Vespa Lexington is closing on January 15. The strong sales dropped significantly in the last few years. Also, the market for the fuel-efficient scooters is struggling with the most recent drop in gas … Continue reading

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Toyota Partners with BHDP Architecture to Design New Sustainable Facilities

Toyota has selected Cincinnati-based BHDP architecture to design the new facilities located in Georgetown, Ky. and York Township, Mich. In order to increase investment in engineering and product development, the automaker will expand its technical center in Michigan to introduce … Continue reading

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21c Museum Hotel Brings on Local Partners for Lexington Project

Some well-known local names in business, real estate and athletics have joined the effort underway to bring a 21c Museum Hotel to Lexington. The Louisville-based boutique hotel group announced that it has enlisted several local partners for its Lexington project, … Continue reading

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Lexmark acquires Claron Technology for $37 million

Lexmark has acquired Toronto-based software provider Claron Technology, Inc. for a cash purchase price of roughly $37 million. Claron specializes in software used for medical-image viewing, distribution, sharing and collaboration. The company’s image-viewing platform provides Web-based access to medical images … Continue reading

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Manufacturing jobs surge in post-recession Kentucky

While Kentucky’s job growth has lagged behind the national average since the bottom of the most recent recession, job growth in Lexington has exceeded the national average, according to an analysis of recent state and county-level employment data released by … Continue reading

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Lexington gears up for 2015 Breeders’ Cup

When autumn descends on central Kentucky next year, there will be a whole new level of excitement among residents and visitors alike. Not only will the Keeneland fall meet offer its usual horseracing thrills, but the Breeders’ Cup World Championships … Continue reading

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Solar facility planned by LG&E and KU gets state approval

The Kentucky Public Service Commission has approved a request by Louisville Gas and Electric Company and Kentucky Utilities Company to construct what will be the state’s largest solar photovoltaic facility at E.W. Brown Generating Station in Mercer County. The 10-megawatt … Continue reading

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Mayor Gray names Mark Barnard as Lexington’s police chief

Mayor Jim Gray has named Mark Barnard to be Lexington’s next police chief. Barnard, who is currently assistant chief, has been on Lexington’s police force for 28 years, serving in a variety of roles within the division. “Public safety is … Continue reading

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Face to Face with Nathan Mick | Leveling the data field for small-town economic development

Nathan Mick doesn’t sound like the kind of man who sits still often. With a year-end itinerary that spans at least five states and a different continent, the vice president of business development and governmental relations for StateBook International is … Continue reading

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Bingham McCutchen acquired by Philadelphia-based firm Morgan Lewis

Less than two years after cutting the ribbon on its Global Services Center at Lexington’s Coldstream Research Campus, the law firm of Bingham McCutchen has been acquired by the Philadelphia-based firm of Morgan, Lewis & Bockius. Morgan Lewis announced the … Continue reading

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Popular Distillery District Venue Buster’s Shuttered

Buster’s Billards & Backroom, a Manchester Street bar and concert venue, has closed its doors, maybe for good. The popular midsize venue played host to a wide variety of local, regional and national acts over the past several years. “Finances … Continue reading

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UK HealthCare unveils new cardiovascular unit

UK HealthCare has completed its new 64-bed cardiovascular inpatient unit, one of the largest cardiovascular intensive care units in the nation, on the 8th floor of Albert B. Chandler Hospital’s Pavilion A. “This new unit doubles our capacity to treat … Continue reading

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Ag department calls for applications for 2015 industrial hemp pilot projects

The Kentucky Department of Agriculture is accepting applications from Kentucky farmers and processors for 2015 industrial hemp pilot projects. Agriculture Commissioner James Comer said his department is looking to conduct a wide scope of projects next year. “The first round … Continue reading

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GoodGiving Guide Challenge Nears $1M Mark

Just three weeks in to the six-week campaign to benefit 155 area nonprofits, the GoodGiving Guide Challenge is almost half way to its 2014 goal of $2,000,000. The current total is just under $940,000. Organizers Smiley Pete Publishing and Blue … Continue reading

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Awesome Inc. gets $50,000 grant to boost tech startups

Thanks to a $50,000 grant from the Kentucky Cabinet for Economic Development, some early-stage Kentucky startup ventures will get a business boost through Awesome Inc. this year, in the form of office space, mentoring assistance, free legal help and additional … Continue reading

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Bluegrass start-ups created 272 jobs, raised $57 million last year, survey shows

Early-stage companies created 272 new full-time and part-time jobs in the Bluegrass region and raised more than $57 million in capital funds in the last fiscal year, according to a survey released by the Lexington office of the Kentucky Innovation … Continue reading

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Keeneland November Breeding Stock Sale closes with continued momentum, records

Keeneland closed its November Breeding Stock Sale on Nov. 14 with a continuation of the momentum generated at the one-day Fasig-Tipton sale earlier in the month. Keeneland’s 11-day auction included broodmares and broodmare prospects, as well as a collection of … Continue reading

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Newk’s Eatery to open in Fayette Mall

Newk’s Eatery, a fast-casual restaurant serving gourmet pizza, salads and sandwiches, will open its second location in the Lexington market on Monday at Fayette Mall. The restaurant chain opened its first store in Lexington on Friday on Richmond Road, as … Continue reading

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LBAR home sales rise 6 percent in October

According to the Lexington-Bluegrass Association of Realtors (LBAR), Lexington’s housing market is showing strong activity in its sales figures for October. LBAR reported a six percent increase in residential sales over October 2013, while the median sales price increased by … Continue reading

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Kynect launches open enrollment with 1,100 sign-ups in first weekend

Kentucky’s health benefit exchange, kynect, launched its second annual open-enrollment period on Saturday, with 1,183 renewals and new health-plan enrollments on the first weekend, according to statistics released by the governor’s office. More than 32,000 unique visitors logged onto the … Continue reading

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Booming Bourbon Industry Giving Agriculture Sector a Boost

Lexington, KY – It’s a great time to be in the bourbon business, according to a new economic impact study that shows the industry booming over the last two years, nearly doubling in workforce size. And you don’t have to … Continue reading

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GoodGiving Guide Challenge Looking to Turn More Bankers’ Dollars into $8 on Thursday

Lexington, KY – Last year the first Bankers’ Challenge associated with the GoodGiving Guide Challenge promised $.50 for each dollar given until the matching fund was exhausted, turning a $30,000 pool into $90,000. But something different happened, according to GoodGiving … Continue reading

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Indiana Tollway Bankruptcy Casts Doubt on Funding Northern Kentucky Bridge Replacement

The failure of an Indiana Tollway connecting the northern part of the Hoosier State with Chicago could hike up the costs to replace the Brent Spence Bridge connecting northern Kentucky with Cincinnati, according to an article in the Kentucky Enquirer.

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Shelton Announces Resignation as Fayette County Public Schools Superintendent

Lexington, KY – Tom Shelton has announced he will resign from the top spot of at Fayette County Public Schools (FCPS) at year’s end to take a new job. According to a release from the school system, Shelton, who’s held … Continue reading

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Abramson to Take White House Post, Luallen Named Lt. Governor

Lexington, KY – Governor Steve Beshear announced this morning that effective Nov. 13, Lieutenant Governor and former Louisville Mayor Jerry Abramson will leave Kentucky for a role in the White House as a special assistant to the President Barack Obama … Continue reading

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Gray Cruises to Re-election

Lexington, KY – Mayor Jim Gray easily avoided the first term downfall that had brought Lexington’s previous two mayors’ time in office to a close as he defeated former Lexington Division of Police Chief Anthany Beatty by more than 30 … Continue reading

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KU to Seek 9.6 Percent Rate Increase

Lexington, KY – Kentucky Utilities (KU) and its sister company Louisville Gas and Electric Company (LG&E) will seek permission from the Public Service Commission to raise $153 million to help pay for a new natural gas generator at its Cane … Continue reading

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Bullish Thoroughbred Market Sees Owners Hanging on to Top Mares

Lexington, KY – When the Fasig-Tipton November sale wrapped up on Monday evening, the buzz around the auction ring was almost as focused on the horses that didn’t change hands as the ones that did. Overall, the sale’s numbers were … Continue reading

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GoodGiving Guide Challenge Nears $300K Mark in Second Day

Lexington, KY – The fourth annual GoodGiving Guide Challenge was just shy of hitting the $300,000 mark a little more than 24 hours after its launch. The Challenge, a partnership of Business Lexington parent company Smiley Pete Publishing and the … Continue reading

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Local Artists Selected to Create Murals on and in New Euclid Ave. Kroger

Lexington, KY – LexArts and the Kroger Company have announced that Lexington artists John Lackey, Liz Swanson and Aaron and Jared Scales have been commissioned to create large scale mural art to adorn the new Euclid Avenue Kroger, which is … Continue reading

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Village Host Pizza to Close, Rebrand

Lexington, KY – Near its four-year mark in business, Village Host Pizza owner Evan Trommer has decided to close the Old Vine restaurant that has proven to be a popular lunch spot so he can reopen under a different brand … Continue reading

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Former UK President Joins Louisville Software Company

Lee T. Todd, Jr. former president of the University of Kentucky has joined Louisville software company FacilityOne according to Louisville’s Business First. Todd stayed on as a faculty member at UK after retiring as president in 2011, but has recently … Continue reading

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State Names First ‘Build-Ready’ Site

Robards, KY  – Gov. Steve Beshear Monday joined community leaders to announce that Henderson County is home to the first industrial site to be officially certified under Kentucky’s new Build-Ready program. Build-Ready, launched by the Kentucky Cabinet for Economic Development … Continue reading

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Fasig-Tipton October Yearling Sale Breaks Records

Lexington, KY – In perhaps another demonstration of the Thoroughbred bloodstock market’s resurgence, Fasig-Tipton achieved record figures for another year at its October Yearling Sale, which ran Oct. 20 – 22. The auction wrapped up with total sales of $30,006,200 … Continue reading

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Keeneland and Red Mile Partner for Single Gaming Facility

Lexington, KY – Keeneland and the Red Mile have announced rather than competing with each other for instant racing games, the two would partner to open a single facility with 1,000 terminals at the Red Mile to benefit the purses … Continue reading

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LexArts Names New President and CEO

Lexington, KY – Ellen “Nan” Plummer, former executive director of the Arkansas Arts Center, has been named as the new president and CEO of LexArts. Plummer, who will start her new job on November 17, is currently a senior development … Continue reading

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Study Shows Bourbon Packs a Punch for State’s Economy

Lexington, KY – In just the past two years, Kentucky’s bourbon industry has seen its workforce doubled and number of licensed distilleries tripled, according to a new report commissioned by the Kentucky Agricultural Development Board and the Kentucky Distillers’ Association. … Continue reading

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Second #ShareTheLex Video Launched by VisitLex

Lexington, KY – After 25,000 tagged Instagram photos and tens of thousands of more Twitter and Facebook posts donning #ShareTheLex, VisitLex, Lexington’s convention and visitors’ bureau, has launched the second video aimed at increasing the city’s presence on social media. … Continue reading

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Lexmark’s Strategic Shift Pushes Revenue Growth in Third Quarter

Lexington, KY – The third quarter of 2014 for Lexmark International saw revenues grow 3 percent year over year on the back of 12 percent growth in its managed print services and 46 percent growth in its Perceptive Software division, … Continue reading

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Bluegrass Real Estate Sales Hit $1.35 Billion in Q3

Lexington, KY – The Lexington-Bluegrass Association of Realtors (LBAR) has reported third-quarter real-estate sales of $712,866,015 in Fayette County and $1,352,333,372 in central Kentucky. Residential sales in Fayette County fell 5 percent in September as compared to last year, from … Continue reading

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Kentucky Horse Park Names New Executive Director

Lexington, KY – The Kentucky Horse Park Commission has chosen Jamie Link, currently the deputy chief of staff for Gov. Steve Beshear, as the new executive director of the Kentucky Horse Park. “The Kentucky Horse Park Commission is very excited … Continue reading

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Lexington to Host Major 2016 Legislative Conference

Lexington, KY – Lexington will play host to an expected 1,500 conference goers as a part of the Southern Legislative Conference to be held in mid-July, 2016. The annual conference bringing together leadership from all government branches in the southern … Continue reading

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Churchill Threatens to Drop Month of Racing As Racing Commission Deadline Nears

Louisville, KY – On paper, the decision for Kentucky’s thoroughbred regulators about next year’s racing calendar might look simple. One track that runs a boutique meet — with the highest purses in the state for owners and trainers and with … Continue reading

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Lexington Entrepreneur Named to Fortune’s 40 Under 40 List

Lexington, KY – Nate Morris, founder of Rubicon Global, a waste management system that is based around data analytics, has been named to Fortune Magazine’s 40 Under 40 list of top young professionals in the nation and abroad. “I am … Continue reading

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UK Lands $14.9 Million Contract to Study Patient Transitional Care

Lexington, KY – The University of Kentucky has been approved to lead a $14.9 million project from the Patient-Centered Outcomes Research Institute (PCORI) to identify the most effective approaches for patient care transitions as they move between hospitals, nursing homes … Continue reading

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Former California Manufacturer Opens Business in Lexington

Lexington, KY – hydra, a manufacturer of aromatherapy and bath products to more than 2,000 retailers around the world, has moved its company headquarters from San Francisco to Lexington. The move, announced by Commerce Lexington and Mayor Jim Gray’s office … Continue reading

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Knight Foundation to Host Lexington Q&A as Part of $5 Million Challenge

Lexington, KY – The John S. and James L. Knight Foundation will hold a Q&A on Thursday, October 9 to discuss the Knight Cities Challenge, which is seeking new ideas for Lexington and the other 25 communities where the foundation … Continue reading

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Community Colleges win $10 Million Grant for Tech Training

Frankfort, KY – Training for a new career in a high-demand information technology field like mobile app development or medical billing may get faster and easier thanks to a new federal grant announced Monday. The U.S. Department of Labor awarded … Continue reading

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Final State Business Pitch Contest to be Held Wed. in Lexington

Lexington, KY – The final regional business pitch competition, which use a similar format as the reality TV show Shark Tank, will take place Wednesday afternoon at Commerce Lexington. Participants will have seven minutes to present their business idea to … Continue reading

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State Audit Finds ‘Chronic Mismanagement’ as FCPS

Lexington, KY – An examination of the Fayette County Public Schools by the state auditor’s office has found “chronic mismanagement” of the budget and finances for the school system that has contributed to the district’s financial instability, but no evidence … Continue reading

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KLC Looks to Form Side Corporation to Issue Bonds for CentrePointe Garage

Lexington, KY – The Kentucky League of Cities (KLC) has entered into an agreement with the Lexington Urban-County Council to allow a KLC side-corporation to issue bonds of up to $30 million for the construction of the three-story underground parking … Continue reading

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Town Branch Trail gets State Funds for Design and Construction

Lexington, KY – A trail that will one day connect downtown to Masterson Station Park has received a $6.5 million boost. To be built over 5.8 miles in six phases – the first two of which have been completed and … Continue reading

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First Book of Keeneland September Yearling Shows Tapit as Emerging Star Sire

The first book of Keeneland’s September Yearling Sale wrapped up on Sept 11 with solid statistics, highlighted by a couple of prominent Kentucky-based bloodlines. Book 1 is the section of the sale with what Keeneland’s sales team estimates to be … Continue reading

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Xerox Adding 1,200 Jobs in Lexington, 400 to be Permanent

Lexington, KY – Xerox has announced it is adding 1,200 new permanent and temporary positions in the Lexington area by the end of the year to support their expanding client base. Positions will be for customer call center work serving … Continue reading

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City Launches Effort to be Speed Up the Web as a ‘Gigabit City’

Lexington, KY – Mayor Jim Gray’s administration is looking to throttle up Lexington’s web speeds and join the likes of Kansas City, Austin and Chattanooga as Gigabit Cities, cities with Internet speeds of 1,000 megabits per second (Mbps). Lexington Chief … Continue reading

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Electrolux CEO Mum on Plans For Louisville Appliance Park

Louisville, KY – Electrolux’s $3.3 billion deal to buy General Electric’s appliances division touched off a wave of questions Monday about the future of Louisville’s Appliance Park and its 6,000 workers. In announcing the sale agreement, Sweden-based Electrolux and GE … Continue reading

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Bar Association Foundation Grant Deadline Approaching for Non-Profits

Lexington, KY – The Fayette County Bar Association Foundation is seeking applications for its 2014 grant program for non-profits that have programs relating helping people access the legal system or to educate about it. The Fayette County Bar Association Foundation … Continue reading

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GE Sells Appliance Division That Employs Around 6,000 in Louisville

Lexington, KY – General Electric announced it’s selling its Louisville-based appliance division to Stockholm-based Electrolux for $3.3 billion. GE is positioning its departure from the consumer appliance industry as a plus as it looks to grow as an infrastructure and … Continue reading

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Lexmark Closer to Completing Acquisition of Swedish Tech Company

Lexington, KY – After the recent announcement that Lexmark’s competitor to buy Swedish tech firm ReadSoft had backed down, Lexmark announced Monday morning that has reached a deal with 98 percent of ReadSoft’s shareholders. Lexmark had announced offers of $182 … Continue reading

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Thai Orchid to Give Way to Restaurant Version of Owner’s Food Truck

Lexington, Ky – Just a month after celebrating it’s eighth anniversary, the owners Thai Orchid have announced the South Broadway restaurant will shift to a full service version of their food truck, Thai & Mighty Noodle Bowls. The switch, according … Continue reading

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UK Announces Largest Ever Gift Will Fund New Student Center

Lexington, KY – The University of Kentucky announced its single largest gift in the school’s nearly 150-year history Thursday morning in the soon-to-be renovated and reconstructed student center. Carol Martin “Bill” Gatton has pledged $20 million toward the $175 million … Continue reading

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UK, Aramark Launch $5 Million Partnership to Bolster State’s Food Economy

Lexington, KY – The University of Kentucky and Aramark have launched a $5 million partnership aimed at supporting Kentucky’s local food economy. The Food Connection at the University of Kentucky will partner with the Kentucky Department of Agriculture, along with … Continue reading

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Airport Starts Taxiway Project with Building Relocations

Lexington, KY – Blue Grass Airport will construct a new $15 million maintenance building to house the airport’s snow removal equipment and other items as a part of a total $55 million to $70 million project to enhance LEX’s taxiway … Continue reading

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Lexington-Based Website Battles Sexism on Worldwide Scale

Lexington, KY – There was no moment, no one thing that made Drew Curtis say enough’s enough when it came to trying to end the foul treatment of women online, or at least on his corner of the Internet. Lexington’s … Continue reading

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BEAM Report Identifies Infrastructure Strengths, Needs In Lou/Lex Region

Lexington, KY – Aging roads and bridges, broadband Internet access and public transit options across the Bluegrass need improvement to keep the region economically competitive, according to a regional infrastructure assessment recently released by the Bluegrass Economic Advancement Movement (BEAM). … Continue reading

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Host Committee Named for Keeneland Breeders’ Cup

Lexington, KY – The Breeders’ Cup announced the formation of the 2015 Keeneland Host Committee for next year’s World Championships. The Host Committee will be responsible for creating and coordinating events and activities to supplement the Breeders’ Cup to be … Continue reading

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Harry’s Lansdowne to be Replaced with New Concept from Malone’s Owners

Lexington, KY – The Bluegrass Hospitality Group (BHG), owners of Malone’s, Sal’s, Drake’s and Harry’s announced their original Harry’s location in the Lansdowne Shoppes will be closing to be replaced by a yet to be named new concept. Expected to … Continue reading

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Toyota Extends Discount Pricing to Employees of Suppliers

Lexington, KY – Employees and retirees of Toyota’s supplier companies are now eligible for preferred pricing on new Toyota vehicles purchased through Toyota dealers in Kentucky, Tennessee, Ohio and Michigan. Toyota Motor Sales U.S.A. announced that the Toyota Supplier Purchase … Continue reading

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Poll: Kynect Considered a Success, but Voters Haven’t Embraced it, and They Still Disapprove of the Affordable Care Act

Lexington, KY – A new poll again indicates that Kentuckians marginally approve of the state health-insurance exchange created under the federal health-reform law, but clearly disapprove of the law itself. The poll, taken Aug. 7-10, surveyed Kentuckians who said they … Continue reading

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82-Year-Old Commercial Assessor Retires After Nearly 30 Years with PVA

Lexington, KY – Fayette County PVA David O’Neill announced the retirement of Nelson Keesey, 82, who has served as a commercial assessor at the Property Valuation Administrator’s office since 1986. “He has been the embodiment of fair, consistent and reliable … Continue reading

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Labor Cabinet to Host Free Lexington OSHA Training

Lexington, KY – The Kentucky Labor Cabinet will offer free training courses on a variety of health and safety issues for workers and employers in Lexington in August. The morning and afternoon sessions, which will be held from August 25-28 … Continue reading

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Business Uses PGA Championship to Showcase More than the World’s Best Golfers

Lexington, KY – At golf’s major championships the laser focus of competitors is what often garners the spotlight. But at this past weekend’s PGA Championship at Louisville’s Valhalla Golf Club, Lexington-based Lexmark International made its laser products and software the … Continue reading

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Chatham’s Southern Comfort Food Offering a Familiar Taste in a Familiar Place

Lexington, KY – On East High Street a new restaurant has opened in the space long occupied by Ramsey’s. Chatham’s Southern Comfort Food, owned by Charles Patterson, aims to serve up southern comfort food that’s even better than homemade. “It’s … Continue reading

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KU/LG&E Scrap Plans for Natural Gas Plant

Lexington, KY – Louisville Gas and Electric Company and Kentucky Utilities has decided not build a 700-megawatt generating natural gas plant in Muhlenberg County that it announced plans to build in January. The need for the for the facility that … Continue reading

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Lexmark Once Again Sweetens Offer in Bid to Buy Swedish Software Company

Lexington, KY – Lexington-based Lexmark International has once again increased its offer for outstanding shares of a publicly traded Swedish company it has been trying to purchase since May. This is the fourth such offer for stock in ReadSoft, a … Continue reading

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Midway College Launches Business School, Appoints Dean

Lexington, KY – Midway College has launched the School of Business, Equine and Sport Studies joining the schools of Health Sciences and the School of Arts and Sciences at the institution. “In central Kentucky, the equine and sports industries are … Continue reading

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New Report Shows Instate University Students Tend to Stay in Kentucky, Earn More

A report released Tuesday from the Kentucky Center for Education and Workforce Statistics (KCEWS) on the state’s eight public four-year universities shows that students from Kentucky were more likely to stay in the state to work than students from out-of-state. … Continue reading

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Makers of Fat Tire Beer Waiting Until 2015 to Sell in Kentucky

Lexington, KY – New Belgium Brewing, the makers of the popular beer Fat Tire have announced that the company will partner with Kentucky Eagle Distributing to sell in central Kentucky, but not until more than a year from now. In … Continue reading

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$1 Million Purse to be a First for a Keeneland Stakes Race

Lexington, KY – The Oct. 4th running of the Shadwell Turf Mile will mark the first time a stakes race at Keeneland will carry a seven-figure purse. In partnership with Sheikh Hamdan bin Rashid Al Maktoum’s Shadwell Farm, Keeneland announced … Continue reading

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LBAR Launches Mobile App for Real Estate Hunters

Lexington, KY –Lexington-Bluegrass Association of Realtors (LBAR) has launched a mobile app, LBAR Homes, to allow house hunters and industry professionals to view all homes for sale or rent in the Bluegrass. “Close to half of all Internet usage now … Continue reading

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Tax Reform Debate Again Comes to the Forefront

Every time the budgetary ax falls in Kentucky, the cries for tax reform grow a little louder. The topic has been discussed for many years, with a blue ribbon commission led by Lt. Gov. Jerry Abramson proposing 54 changes in … Continue reading

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5 Million Bourbon Barrels Mark Kentucky’s Highest Inventory Since 1970s

Lexington, KY – For the first time since 1977 there are more than 5 million bourbon barrels aging in Kentucky warehouses according to the Kentucky Distillers’ Association (KDA). Kentucky’s distilleries filled 1.2 million barrels last year, the most since 1970, … Continue reading

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Lexmark Exceeds Quarterly Expectations

Lexington, KY – Lexmark saw an uptick in revenue for the second quarter of 2014 over the same time period last year as the Lexington-based company reported $892 million in revenue for the quarter versus $887 million brought in during … Continue reading

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First Carbon Capture Power Plant Under Construction

Lexington, KY – After years of study, Kentucky Utilities’ E.W. Brown Generating Station near Harrodsburg is looking to employ the use of carbon capture technology, sequestering the carbon released in the air at other plants. With the assistance of technology … Continue reading

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Chamber and Business Leaders Prepare to Embark on DC Fly-In

Lexington, KY – Business, government and community leaders in central Kentucky are gearing up for the Regional Public Policy Group’s annual Washington, D.C. Fly-In on July 23 and 24. During the trip, 55 attendees will meet with members of Kentucky’s … Continue reading

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Fast Casual Chain with SEC Area Footprint Announces Move Into Lexington Market

Lexington, KY – Newk’s Eatery, a fast-casual chain that offers California-style gourmet pizzas, fresh tossed salads and toasted specialty sandwiches will have a groundbreaking for its first Lexington location today. The location will be on an out lot in front … Continue reading

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Area Sees $811.9 Million in Real Estate Transactions in Second Quarter

Lexington, KY – The Lexington-Bluegrass Association of REALTORS (LBAR) announced 4,700 sales in the second quarter of 2014 totaling $811.9 million. Residential sales decreased 1 percent in the second quarter of 2014 from the same period last year, falling from … Continue reading

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West Sixth Paying it Forward with New Canned Beer

Lexington, KY – West Sixth Brewing announced yesterday a fourth year-round canned beer, but this one, the Pay it Forward Cocoa Porter, has a charitable spin. “We’re very excited to announce that this fall, we will begin canning one of … Continue reading

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Lexmark Steps Up Effort in Bidding War for Swedish Software Company

Lexington, KY – Lexmark has increased its offer for outstanding shares in the Swedish software company ReadSoft after two previous efforts have been thwarted by the British subsidiary of an Ohio company also seeking to purchase ReadSoft. “When we first … Continue reading

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Lexmark ‘Evaluating All of its Options’ in Battle to Buy Swedish Software Company

Lexington, KY – When it was announced in early May that Lexington-based Lexmark would offer to buy outstanding stock in Swedish software company ReadSoft, it was assumed the sale would be completed by the end of the year’s second quarter. … Continue reading

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Alltech Homebrew Champ to See Porter Released Around Lexington

Lexington, KY – As a part of Alltech 8th Annual Kentucky Ale Pro-Am Brew-Off, a married Lexington couple will see their homebrew recipe sold on tap throughout Lexington. This year’s champ, a robust porter described as “a dark, light-bodied, chocolaty … Continue reading

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Federal Judge Strikes Down Kentucky Ban on Same-Sex Marriage

Lexington, KY – A Federal Judge in Louisville has ruled that the state’s ban on same sex marriage is unconstitutional in violation of the nation’s rules on equal protection under the law. District Court Judge John G. Heyburn II wrote … Continue reading

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A Look at How Monday’s Supreme Court Decisions Impact Businesses

Lexington, KY – The Supreme Court handed down a pair of decisions yesterday that have the potential to affect the business landscape in the coming years. In Burwell v. Hobby Lobby Stores, Inc., the case dealt with a provision of … Continue reading

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City and DLC to Host World Cup Watching Party Today

Lexington, KY – As Team USA takes the pitch in Brazil in the knockout round of the World Cup, city officials invite Lexingtonians downtown to watch the game at the Fifth-Third Bank Pavilion at Cheapside Park. A large screen will … Continue reading

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Lexington Businessman Paul Miller Dies at 92

Lexington, KY – Paul Miller, 92, a founder of the Ford dealership that bears his name died Friday. “This is a sad day for us as a family and for the many people who had the opportunity to know my … Continue reading

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Breeders’ Cup Makes Keeneland 2015 World Championship Official

Lexington, KY – Rumors of Keeneland’s chances of hosting a Breeders’ Cup and reports that a deal was done have proven true as the Breeders’ Cup World Championships will be held in its hometown of Lexington on Halloween weekend of 2015. … Continue reading

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Georgetown College Sanctioned by Accreditation Agency

Georgetown, KY – For the second time in 10 years, Georgetown College is facing accreditation issues because of its financial condition. School President M. Dwaine Greene announced the latest development on the college’s website Friday. The Southern Association of Colleges … Continue reading

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Minority Business Expo to Kick Off July 31

Lexington, KY –The Lexington Bluegrass Area Minority Business Expo is coming back for its twelfth year for two days at the Lexington Center, starting on July 31. This year’s event will be highlighted by two keynote speakers on the second … Continue reading

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New UK Sports Marketing Deal To Help Fund Campus Improvements

Lexington, KY – The University of Kentucky and its athletics department has signed a 15-year, $210 million media marketing contract with San Diego-based JMI Sports, the first such overall multimedia deal for JMI. “This partnership reflects the fact that the … Continue reading

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Gray Shelves Rupp Project, Says UK ‘Changed Its Mind’

Lexington, KY – Mayor Jim Gray announced today that he is shelving plans to renovate the city’s convention space and Rupp Arena. A release from Gray’s office states the original plans will be scrapped for now as “UK relayed the … Continue reading

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Edelen Opts to Seek Reelection as Auditor, Won’t Run for Governor in 2015

Lexington, KY – State Auditor Adam Edelen, who had long considered a 2015 run for governor, has decided to seek reelection to his current job rather than go after the state’s highest executive job. “I greatly appreciate the expressions of … Continue reading

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Courier-Journal: Breeders’ Cup Coming to Keeneland

The 2015 Breeders’ Cup will be held at the historic Keeneland Race Course in 2015 according to an article in the Louisville Courier-Journal. Rumors have held that Lexington’s bid was in good shape since Keeneland announced it was replacing its … Continue reading

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Event Raises Additional $10,000 for Injured Small Business Owner

Lexington, KY – An estimated 1,000 to 1,500 people paid $5 each Monday night to attend a fundraiser for Mamadou ‘Sav’ Savanè who sustained burns to more than half of his body in a kitchen accident two weeks ago. A … Continue reading

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UK Awarded $12.2 Million for Superfund Site Research from NIH

Lexington, KY – The University of Kentucky has received a $12.2 million grant from the National Institutes of Health (NIH) “to better understand and minimize negative health and environmental impacts from hazardous waste sites.” More than 50 scientists and students … Continue reading

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The Living Arts and Science Center Breaks Ground on $5 million Renovation, Expansion Project

Lexington, KY – The Living Arts and Science Center has broken ground on a $5 million renovation and expansion of its facility at Fourth and Martin Luther King. The project, which broke ground this morning, will more than double the … Continue reading

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Forcht Bank to Purchase Bank in Grant County

Lexington, KY – Lexington-based Forcht Bank has announced intentions to acquire Grant County Deposit Bank of Willaimstown, Ky. “We’re excited about the opportunity to unite two great community banks that are passionate about providing excellent customer service and giving back … Continue reading

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City and UK Officials Meet About Rupp

Lexington, KY – A Thursday afternoon meeting was held between the Gray administration and staff from the University of Kentucky in regards to the on-going plans by the city to renovate Rupp Arena and the city’s convention facilities. “The meeting … Continue reading

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Fund Established to Help Badly Burned Small Business Owner of Sav’s Grill

Lexington, KY – A fund has been established to aid the owner of two campus area businesses who was badly burned in a kitchen accident last week. Mamadou ‘Sav’ Savanè, owner of Sav’s Grill & West African Cuisine and Sav’s … Continue reading

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Lexington Farmers’ Market Director Dabbelt Announces Departure After 10 Years on Job

Lexington, KY – The Executive Director of the Lexington Farmer’s Market, Jeff Dabbelt, announced his resignation effective June 30th, after 10 years at the helm of the market that has become a fixture of downtown Lexington as well as other … Continue reading

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Athenian Grill Owner To Open Greek Pastry and Coffee Shop in Chevy Chase

Lexington, KY – Ilias Pappas, owner of the Athenian Grill restaurant in Chevy Chase, is looking to expand his offering of authentic Greek food with a pastry and coffee shop across South Ashland from his restaurant that opened late last … Continue reading

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Lexington Loses Bid for 2018 WEG

Lexington, KY – After hosting the first World Equestrian Games outside of Europe four years ago, the Games’ governing body, Fédération Equestre Internationale (FEI), decided to do it again. But instead of bringing the Games back to Lexington, the 2018 … Continue reading

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Jonathan at Gratz Park to Close, Be Replaced by New Concept from Heirloom Owner

Lexington, KY – Jonathan at Gratz Park, the restaurant owned and operated by renowned chef Jonathan Lundy at the Gratz Park Inn will shut its doors after dinner service on June 28. A release from the restaurant states the management … Continue reading

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UK Awarded $1.9 Million Grant to Boost STEM Student Retention

Lexington, KY – The Howard Hughes Medical Institute (HHMI) has awarded a $1.9 million grant to the University of Kentucky to fund a five-year effort to boost student retention in the STEM fields, science, technology, engineering and math. UK will … Continue reading

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300 Business Leaders Making Way Back to Kentucky After Trip to Charlotte

Charlotte, NC – More than 300 business and community leaders from Kentucky’s largest cities – Louisville and Lexington – are getting ready to board planes back to the commonwealth after studying best practices that can be used to build on … Continue reading

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Farm to Table Liaison Joins City Government to Connect Local Ag with Consumers

Lexington, KY – The city’s first local food coordinator, seeking to connect central Kentucky farmers with consumers in the area, has started on the job. Ashton Potter Wright, a Lexington native and a doctor of public health from UK, started … Continue reading

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UPDATE | Lexington Auto Dealership Owner Denies WSJ Report on Insider Trading with Icahn, Mickelson

Lexington, KY – William ‘Billy’ Walters, a famed Las Vegas bettor and chairman of the company that recently acquired the Glenn Auto Group, is facing FBI and SEC scrutiny for alleged insider trading involving billionaire and Wall Street raider Carl … Continue reading

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Governor Launches Business Pitch Competition

Governor Steve Beshear announced Wednesday the state will host eight regional pitch competitions this summer. Formatted similarly TV reality show “Shark Tank,” the competitions will feature Kentucky entrepreneurs presenting their business ideas to a group of local angel investors, individuals … Continue reading

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Republic Bank to Locate on First Floor of CentrePointe Office Building

Lexington, KY – The planned 10-story office building at CentrePointe will have a first floor tenant in Republic Bank. The building, set to be completed in early June of next year, will host a first floor retail banking location for … Continue reading

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Former World Trade Center Building Under Original Management, Original Name to Make its Way Back

Lexington, KY – Built in tandem in 1982 with the current Hilton Hotel in downtown Lexington, the former World Trade Center will return to its original name, the Vine Center Office Tower, this summer as the Webb Companies, the building’s … Continue reading

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Traditional Bank Adds Rumpke in Commercial Lending Role

Lexington, KY – Long time central Kentucky banker and former Lexington Finance and Administration Commissioner Linda Rumpke has joined Traditional Bank as a Senior Vice President and Commercial Loan Officer. Rumpke, who most recently served as president and CEO of … Continue reading

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Downtown Helix Garage Getting New Facade

Lexington, KY – The Main Street entrance of the public parking garage at the Martin Luther King Boulevard viaduct will soon sport a new steel facade aimed at adding visual appeal to downtown and increasing awareness of available parking. The … Continue reading

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UK President: University Cannot Support Current Rupp Plan

Lexington, KY – University of Kentucky President Dr. Eli Capilouto has stated in a letter (see the letter in its entirety here) that he and the university could not support Mayor Jim Gray’s plans to rehab Rupp Arena and reconstruct … Continue reading

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Meridian-Chiles Declares Bankruptcy, Closes

Meridian-Chiles, once one of Lexington’s largest advertising agencies, closed its doors as of Tuesday evening and has filed for Chapter 7 bankruptcy protection. The Chapter 7 liquidation petition, filed earlier today in the U.S. Bankruptcy Court’s Eastern District of Kentucky … Continue reading

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Jim Browder Resigns From VisitLEX, Effective Immediately

Lexington, KY – Jim Browder, president of the recently renamed Lexington Convention and Visitors Bureau, has resigned his post effective immediately. Browder, who took over the reigns of what is now VisitLEX in June of 2011, told Business Lexington last … Continue reading

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Graves Cox, Staple in Lexington Men’s Fashion Since 1800s to Close

Lexington, KY – Graves Cox & Company, a fixture in Lexington men’s clothier business since the 1800s, will be shutting its doors. Leonard Cox, a third generation operator of the store, said it was time to “hang it up” as … Continue reading

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Alltech Founder Launches Fund to Support Kentucky Startups

Lexington, KY – At the launch of the 2014 Alltech Symposium at the Lexington Center, Alltech Founder and President Pearse Lyons, Ph.D., announced the Lyons’ Den Innovation Fund that will award up to $500,000 annually to entrepreneurial projects in fields … Continue reading

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Neace Lukens Changes Name to Assured Neace Lukens

Lexington, KY – Neace Lukens has changed its name to Assured Neace Lukens as part of a new branding effort that will align the Louisville-based insurance agency more closely with its parent company AssuredPartners, Inc. The new branding identity, which … Continue reading

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Final Big Blast at CentrePointe Site Times Up With Downtown Power Outage

Lexington, KY – The final major blast at the site of CentrePointe’s construction timed up with a power outage that affected 1,148 customers in the downtown area according to Kentucky Utilities’ website. “We don’t know definitely yet, but we at … Continue reading

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CentrePointe Complex to Include Two Hotels

Lexington, KY – The proposed CentrePointe development  in downtown Lexington will boast a second hotel, a 110 unit “suite hotel with [an] extended stay component,” on the block that is already slated to house a Marriott family brand elsewhere on … Continue reading

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Alleged Lexington Pyramid Scheme Settles with FTC and Multiple AGs Offices

Frankfort, KY – The operators of Lexington-based multi-level marketing company Fortune Hi-Tech Marketing (FHTM) – called a pyramid scheme by Kentucky Attorney General Jack Conway and the Federal Trade Commission (FTC) – have been banned from multi-level marketing under a … Continue reading

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YMCA Announces Expansion Plans for Northside and a New Hamburg Location

Lexington, KY – The YMCA of Central Kentucky will expand its North Lexington location on Loudon Ave. and build a new location in Hamburg, the 161 year old organization announcement this morning. The 3,500 square foot expansion of the North … Continue reading

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Inaugural Young Professional Conference to Feature NYTimes Best Seller This Week

Lexington, KY – An outgrowth of last year’s Commerce Lexington Inc. Leadership Visit to Omaha, Nebraska, the inaugural EMERGE ’14 conference presented by Forcht Bank will engage the next generation leaders of Central Kentucky – young professionals – to leverage … Continue reading

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Toyota Job Losses Likely to Top 2,100 in Northern Kentucky

Toyota’s departure from Northern Kentucky will cost hundreds more jobs than the 1,600 positions moving to Texas, Michigan and Georgetown, Ky. At least 550 contract workers and support personnel at Toyota’s Erlanger headquarters will be out of work by the … Continue reading

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Lexmark Makes Offer to Buy Swedish Tech Outfit

Lexington, KY – Lexmark announced Tuesday morning that it has offered $182 million for outstanding stock in Helsingborg, Sweden-based ReadSoft, a software company that would be absorbed into Lexmark’s Perceptive Software division. ReadSoft’s software automates business processes, both on premise … Continue reading

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Economic Impact of Tourism in Kentucky Reaches $12.5 billion

Lexington, KY – The economic impact of tourism in Kentucky amounted to more than $12.5 billion in 2013, a 2.6 percent increase over 2012 according to a release from the state’s Tourism, Arts and Heritage Cabinet. “The continued popularity of … Continue reading

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Lexington Will Not Be Served by Time Warner/Comcast After Merger

Lexington, KY – Charter Communications and Comcast announced a deal Monday that would transfer cable and Internet service in areas of Kentucky currently covered by Time Warner to Charter. Lexington, Louisville and other areas currently getting Time Warner Cable will … Continue reading

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Kickstarter for Fork in the Road’s Brick and Mortar Restaurant Sets Kentucky Record

Lexington, KY – Mark Jensen’s middle fork kitchen bar, slated to open this summer in the former Pepper Distillery building, has successfully completed its Kickstarter campaign, attracting the most funds of any food-related campaign in Kentucky on the website. The … Continue reading

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Lexington Company to Add 120 Jobs

Lexington, KY – Creative Lodging Solutions, a Lexington-based company that helps corporations find long-term and project length housing for their employees, has announce it will be adding 120 jobs at a soon-to-be relocated headquarters. Creative Lodging Solutions is moving from … Continue reading

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Northern Kentucky to Lose 1,550 Toyota Jobs, 300 Relocating to Georgetown

Lexington, KY – As part of a massive North American restructuring for Toyota, more than 1,500 professional jobs at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger, Ky. will see their jobs relocated. Currently spread out with … Continue reading

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New Parking Garage to Spur Imminent Development, Maybe More

Lexington, KY – A barren piece of land at the confluence of Main and Vine Streets will soon see construction equipment according to developer Phil Holoubek. “We will now be able to develop a multi-story, mixed-use project. There’s first floor … Continue reading

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Lexmark Sees 38 Percent Year-to-Year Growth in Software Division

Lexington, KY – Growth in relatively new areas of Lexmark’s business model helped offset losses stemming from the closing and subsequent selling of the assets related to the company’s former inkjet division, according to Paul Rooke, CEO of the Lexington-based … Continue reading

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Landfill’s Methane to Power Toyota’s Production

Sadieville, KY – A windows-down drive through the landfill off Double Culvert Road treats visitors to the slight odor of methane that wafts out of galvanized steel vents. But sometime next spring, those vents will be shut off, and methane … Continue reading

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Corvettes Rescued, Attention Turns to Filling Sinkhole

Bowling Green – KY, By now, the international story of a massive sinkhole swallowing up eight Corvettes at the National Corvette Museum in Bowling Green is in the archives. All eight of the iconic sports vehicles have been pulled from … Continue reading

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Legislature Adjourns Without Funding Rupp Arena Renovation, Governor Pledges Future Support

Lexington, KY – The 2014 regular session of the Kentucky General Assembly has ended, as has the near-term hopes for funding a renovation of Rupp Arena and enlarging the adjacent convention center. As the clock struck midnight neither the House … Continue reading

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Lexington’s Financing Plan for Rupp Includes Naming Rights

Lexington, KY – New figures have been distributed to the Kentucky General Assembly on how a renovation of Rupp Arena and a relocated and expanded convention center can be funded, as legislators meet with less than 12 hours left in … Continue reading

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Tips to Avoid an IRS Audit

Lexington, KY – Tax attorney Bob Webb said just following the rules might not be enough to ward off extra scrutiny from auditors at the Internal Revenue Service. “Avoiding an audit is really a question of the size of your … Continue reading

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HUD to Provide Lexington a Loan Guarantee for 21c Hotel Project

Lexington, KY – The U.S. Department of Housing and Urban Development has approved a $6 million loan guarantee to Lexington-Fayette Urban County Government to provide financial assistance for the proposed 21c Museum Hotel slated for the former First National Bank … Continue reading

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Blue Grass Airport Book Chronicles Rich History of Aviation in the Bluegrass

Lexington, KY – The first copies of a 240-page historical account of aviation in central Kentucky, titled Blue Grass Airport: An American Aviation Story, will hit bookstores and gift shops in Lexington on April 15. Created by Blue Grass Airport and … Continue reading

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Governor Announces Board to Boost Kentucky’s Automotive Industry

Lexington, KY – Governor Steve Beshear said Kentucky wasn’t satisfied just being the No. 3 automotive state in the country as he announced the creation of the Kentucky Automotive Industry Association to be made up of the commonwealth’s automotive manufacturers, … Continue reading

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Keeneland’s Switch Back to Dirt Track Could Appeal to Breeders’ Cup and Derby Contenders

Lexington, KY – Eight years after its installation of a synthetic Polytrack surface on its main track, Keeneland announced it will make the switch back to a conventional dirt surface this summer. The new dirt material has been thoroughly tested … Continue reading

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Keeneland to Build Instant Racing and Simulcasting Facility

Lexington, KY – Keeneland announced it will build the Keeneland Event Center to house its simulcast racing and a new instant racing facility, akin to slot machines that operate off previously run races throughout history. The 40,000 square foot facility that … Continue reading

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Gray Says He’ll Fight to Get Rupp Money, Despite Lack of Funding in Budget

Lexington, KY – A two-year $20.3 billion state budget is on Gov. Steve Beshear’s desk awaiting his signature after late night closed door meetings between House and Senate leaders came to a consensus over the weekend to reject the proposal … Continue reading

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Downtown Lexington Groups Launch Survey to Gather Thoughts, Likes and Dislikes on Lexington’s Core

Lexington, KY – The Downtown Lexington Corporation, Downtown Development Authority and Lexington Parking Authority want to hear from residents about what they think about a range of topics focused on downtown. The 49-question survey at https://www.surveymonkey.com/s/downtownlexington takes about 10 minutes … Continue reading

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Commemorative Maker’s Mark Bottle to Feature Kentucky Coach

Lexington, KY – Tradition is something University of Kentucky head football coach Mark Stoops knows a lot about. He and three of his brothers don headsets and patrol the sidelines each fall, just as their father did. Now he’s joining … Continue reading

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Asbury Dedicates New Business School

Asbury University dedicated its new Howard Dayton School of Business today, named in honor of Christian business author and entrepreneur Howard Dayton. The new school of business will aim to prepare its graduates to tackle economic, social and spiritual poverty … Continue reading

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Gray Pledges to Repay Coal Severance Money Previously Allotted by Legislature

Lexington, KY – After vowing to fight to restore proposed funding to the planned Rupp Arena District, Mayor Jim Gray has said the plan to renovate the venerable arena and add arts and entertainment options to Lexington’s downtown will also … Continue reading

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Mayor Vows to Fight for Rupp Funding as Legislative Session Wanes

Lexington, KY – Mayor Jim Gray said he will put on the full court press in Frankfort as the legislative session draws to a close to ensure the planed Rupp Arena renovation and adjacent district gets funded after the state … Continue reading

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Local Option Sales Tax Bill Looks Dead

Louisville Mayor Greg Fischer admitted defeat on Monday for his efforts to pass a constitutional amendment that would allow local communities to vote for temporary sales tax increases that would fund projects. “Good ideas never die: We weren’t successful passing … Continue reading

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KCTCS Names Workforce and Econ Development Executive

Lexington, KY – The Kentucky Community College and Technical System (KCTCS) has named Larry Ferguson as vice chancellor for economic development and workforce solutions. Ferguson, who currently serves as the dean of resource development and external affairs at Ashland Community … Continue reading

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Toyota Starts $375,000 Scholarship Program at Kentucky State for Minority Engineers

Toyota and Kentucky State University announced a scholarship program today to help recruit and develop mechanical engineers, much needed by Toyota, to KSU. The Toyota Engineering Scholarship program – made possible by a five-year, $375,000 grant from the automaker – … Continue reading

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Military Magazine Names EKU ‘s Business School to Top 10 for Veterans

Eastern Kentucky University has been ranked 7th “Best for Vets: Business Schools” by Military Times EDGE magazine, up from 16th a year ago. EKU, the highest-ranking Kentucky institution on the list is home to more than 1,300 veterans and their … Continue reading

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UK Names New Nursing Dean

Lexington, KY – University of Kentucky Provost Christine Riordan announced Monday that a national leader in nursing education, tobacco control and health care outreach has accepted the position of dean of the UK College of Nursing and Warwick Professorship. Janie … Continue reading

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House Committee Approves Local Option Bill

The House Committee on Elections, Constitutional Amendments, and Intergovernmental Affairs approved a measure that would allow citizens to consider local sales taxes in a 6 to 3 vote this morning. Louisville Mayor Greg Fischer’s office stated in a release that … Continue reading

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Senate Passes Bill that Would Make Kentucky a Turn Off for Patent Trolls

After Drew Curtis saw his website Fark.com gather a large, international following he found himself embroiled in a curious lawsuit alongside other Internet giants like Yahoo. A growing number of companies nationwide, particularly Internet and other tech companies, have found … Continue reading

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UK to Hold Course Work for Business Professionals and Supply Chain Forum

Lexington, KY – The Gatton Institute for Business Management & Leadership Excellence is offering a chance to those looking for the basics of a business degree without the time commitment a degree requires. The institute, offered through the Gatton College … Continue reading

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Deal Struck for Downtown Movie Theater Across Street from Previously Announced Theater

Lexington, KY – California movie theater developer George Krikorian is planning to build an 11-screen movie theater in downtown Lexington, directly across Broadway from the site of another planned movie theater. Krikorian finalized an agreement with Robert Langley of Langley … Continue reading

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Auditor Refers Area Development District Findings to Prosecutor, Police, FBI

Lexington, KY – Alleged malfeasance by previous administrators at the Bluegrass Area Development District (BGADD) has risen to the level that State Auditor Adam Edelen is referring the case to the state’s attorney general, Kentucky State Police and the FBI. … Continue reading

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First Candidate Announces for Governor, Former Lexington Council Member on Ticket

Lexington, KY – Former Louisville Council member and mayoral candidate Hal Heiner, a Republican, became the first to officially throw his hat into the ring for next year’s governor’s race, and he’s brining a former Lexington council member with him. Heiner, … Continue reading

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Sinkhole Scare Leads to Insurance Legislation in Frankfort

A legislator has filed legislation that would require more insurers to offer coverage for sinkhole damage. Rep. Jody Richards (D-Bowling Green) has filed House Bill 498 that would require insurers who offer property insurance to offer an additional policy rider … Continue reading

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Allegiant to Launch Non-Stop Service from Lexington to Myrtle Beach

Lexington, KY – Allegiant has announced a new nonstop, seasonal jet service between Lexington and Myrtle Beach starting May 29. “We are thrilled to add Myrtle Beach as a brand new vacation destination for the residents of Lexington,” said Andrew … Continue reading

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Lexington Ranked 7th Best City for Freelancers

Lexington, KY – Lexingtonians have some added encouragement to hang out their own shingle, as the city was recently named the seventh best locale for freelancers and independent workers by the financial website nerdwallet.com. The study considered the percentage of … Continue reading

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Country Boy Expands into Tennessee

Lexington, KY – Lexington’s Country Boy Brewing has announced a new distributor will bring their beer into Nashville, a release from Country Boy states. BountyBev joins Country Boy’s existing team of distributors throughout Kentucky and Indiana. The first beers that … Continue reading

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Dinsmore Merges with Chicago Firm with NKY Ties

Lexington, KY – Dinsmore & Shohl LLP, has announced a merger with Peck Shaffer & Williams LLP, also known as Peck Shaffer. Cincinnati-based Dinsmore will envelop Peck Shaffer’s 23 partners, eight associates, four Of Counsel attorneys and 27 professional staff effective … Continue reading

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UK Announces its Particpation in National Lab

Lexington, KY – Kentucky will both benefit from and make important contributions to Detroit’s new, $148 million light-materials manufacturing institute, announced Tuesday by President Barack Obama. The American Lightweight Materials Manufacturing Innovation Institute (ALMMII) will receive $70 million in Department … Continue reading

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