A publication of the Kentucky Center for Public Service Journalism

Kentucky’s annual unemployment rate drops to 4.9 percent in 2017; lowest recorded level since 2000

Kentucky’s annual unemployment rate dropped to 4.9 percent in 2017 from 5.1 percent in 2016, while nonfarm employment gained 11,300 jobs, according to the Kentucky Center for Education and Workforce Statistics (KCEWS), an agency of the Kentucky Education and Workforce Development Cabinet. It was the lowest annual jobless rate for the state since 2000 when the rate was 4.2 percent. The U.S. annual...

LG&E, KU announce coal combustion residual dry storage projects ahead of schedule, under budget

Louisville Gas and Electric Company and Kentucky Utilities Company are pleased to announce they are currently on track to fully convert next year to dry storage for coal combustion residuals — eliminating the use of ash ponds and other storage impoundments at their four coal-fired power plants. LG&E and KU first launched plans to convert to dry storage about a decade ago, before the EPA’s...

Kentucky Department of Insurance reminds residents to review coverage before severe weather season

It is Severe Weather Awareness Week and the Kentucky Department of Insurance (DOI) encourages residents to review and understand their insurance coverage before severe weather strikes. “It’s best if people are prepared ahead of the spring storm season,” said DOI Commissioner Nancy Atkins. “Now is the time to review your policies, understand the coverage you have, and meet with your agent to...

Yuengling beer now available in Kentucky, the 22nd state to distribute America’s oldest brew

D.G. Yuengling & Son, Inc., America’s Oldest Brewery, will finally be served in Kentucky starting Monday in restaurants and bars. After 189 years, Kentuckians everywhere can rejoice with Yuengling’s most popular offerings: Lager, Light Lager and Black & Tan. Beginning March 5th, Yuengling fans can order their favorite draft brewed beer on-premise at restaurants and bars. Starting March...

Kentucky American Water acquires water assets of Eastern Rockcastle Water Association in Livingston

Kentucky American Water has announced it has acquired the water assets of Eastern Rockcastle Water Association in Livingston, Ky., in Rockcastle County. The transaction, completed today, adds approximately 610 water customers in Rockcastle and Jackson counties to the Kentucky American Water system. The acquisition of the system expands the company’s total service area to portions of 14 Kentucky counties. “We...

Strong sales, increasing home values, continued to drive the Kentucky real estate market in January

Coming off a record-breaking year in 2017, the real estate market in Kentucky continued its run of strong sales activity and increasing home values in January. Total home sales in January were the second highest on record at 3,024, only 27 sales shy (0.1 percent) of the 3,051 sold during the same month in 2017. January was only the 13th month in the past six years that sales dipped year over year....

Louisville-based WireCrafters announces $5.37 million expansion, adding 100 full-time jobs

WireCrafters LLC, a manufacturer of wire partitions with a 50-year history in Louisville, has announced a $5.37 million expansion which will create 100 full-time jobs. WireCrafters will add 26,000 square feet to its facility on Strawberry Lane, providing more space for its welding department. That will create jobs within its welding, finishing and shipping operations. Due to a lack of space, the company...

Online fashion boutique Pink Lily plans $2 million expansion of Bowling Green distribution facility

National women’s fashion retailer and clothing maker Pink Lily Boutique has announced it will expand its Warren County operation by 56 people over five years and invest more than $2 million in a permanent home for both office and manufacturing functions. The company will expand its Bowling Green facility on Mitch McConnell Way to 50,000 square feet, which will house Pink Lily’s headquarters, as...

Kentucky awards more than $12 million to Breeders through Thoroughbred Breeders’ Incentive Fund

The Kentucky Horse Racing Commission (KHRC) has announced the release of the 2017 Kentucky Thoroughbred Breeders’ Incentive Funds (KBIF). The awards total more than $12 million for Kentucky breeders, which is a seven-year high for the program. The incentive fund encourages Thoroughbred horse owners and breeders to conduct business in Kentucky, which benefits the state’s economy and helps guarantee...

Kentucky marks record international growth in 2017; officials visit European executives to further effort

Kentucky’s international growth continues to set records. In addition to last year’s all-time investment mark of $9.2 billion, Kentucky has increased the presence of international companies and broken its export record for the second consecutive year, this time topping the $30 billion mark in the process. In 2017, Kentucky sold more than $30.88 billion worth of products and services internationally,...

Medication and care management technology provider Vita-Stat plans expansion in Louisville

Vita-Stat LLC, a leading innovator of medication and care management software for assisting living communities and skilled nursing facilities, has announced the expansion of its operation in Louisville with a more than $2.17 million investment that will create 22 full-time jobs. Vita-Stat, located in Louisville since 2007, previously operated under the name Creative Strategies US. The company will...

Louisville-based plush pet replica manufacturer Cuddle Clones announces new Louisville location

Cuddle Clones LLC, a provider of custom plush pet replicas, has announced it will move to a larger headquarters in Louisville with a $1.3 million investment that will create 50 full-time jobs. Cuddle Clones saw demand for its products rocket since the company opened eight years ago. The move will allow the company to expand its operations and introduce new product lines. Cuddle Clones currently employs...

Aluminum recycler Owl’s Head Alloys announces $3 million expansion to Bowling Green facility

Owl’s Head Alloys Inc., an aluminum recycler in Bowling Green, has announced a $3 million expansion which will create 17 new jobs. The company operates three, 375-cubic-foot refractory furnaces and, to keep up with customer demand, the project will add new space to house a fourth furnace. The additional furnace will increase company’s capacity by 60 million pounds of scrap annually atop the facility’s...

Lexington-Bluegrass Association of Realtors names Justin Landon as next Chief Executive Officer

The Lexington-Bluegrass Association of Realtors (LBAR) is pleased to announce Justin Landon as the next CEO. Landon previously served as the Vice President of Government Affairs for the San Antonio Board of Realtors. Landon was chosen after a nationwide search and will join the local association in April. Justin Landon “Justin will be responsible for leading the association to the next level,...

HAAS eKentucky Advanced Manufacturing Institute celebrates grand opening in Paintsville

Eastern Kentucky workforce development representatives, elected officials, and business leaders gathered Tuesday for the grand opening of the HAAS eKentucky Advanced Manufacturing Institute (eKAMI) in Paintsville. The new 40,000-square-foot workforce training facility will offer 16-week training programs aimed at building a skilled workforce to attract advanced manufacturing to the Commonwealth and...

Keven Moore: The insurance industry is a career option — check it out and consider the possibilities

The year was 1993 and as a 29-year-old and I had just graduated from the Loss Prevention & Safety Master’s Program at Eastern Kentucky University. My wife and I had just driven to St. Louis for a job interview for Venture Department Stores and it had snowed 17 inches the night before the interview. The next morning I left plenty early not knowing for sure that I would make it to my destination,...

Hosparus Health announces Dr. Bethany Cox Snider as new vice president and chief medical officer

Hosparus Health has named Bethany Cox Snider, M.D., as its new vice president and chief medical officer. She succeeds Jim Gaffney, M.D., who will retire March 30. Dr. Snider is board certified in both internal medicine and hospice and palliative medicine. Dr. Snider joined Hosparus Health in 2013 and has served as senior medical director. In that role, she has led the growth of the nonprofit provider’s...

Lexington Division of Central Purchasing to host Construction Business Connection Feb. 21

The Lexington Division of Central Purchasing is hosting a Construction Business Connection Event on Wednesday, Feb. 21 as an opportunity for construction companies to get a sneak peek of upcoming LFUCG projects. The event is free, but pre-registration is required by visiting kysbdc.ecenterdirect.com. This event, for construction trades only, will be held from 3 – 5 p.m. in the third-floor conference...

Keven Moore: Disaster preplanning matters to protect and find your family in aftermath of a disaster

What if a natural or man-made disaster happens and you are not with family? Will you be able to reach them? Where will they be and how will you be able to find them? How will you know if they are safe? How can you be able to let them know that you are safe? During a disaster, you will need to send and receive information from your family but more than likely the traditional means of communication...

National Association of Manufacturers spotlight state’s manufacturing industy with fourth annual tour

The National Association of Manufacturers (NAM) on Tuesday traveled to Kentucky to highlight the state’s manufacturing industry and the bright future ahead as part of the fourth annual NAM State of Manufacturing Tour, welcoming Governor Matt Bevin to participate in the day’s flagship event. During the visit, NAM President and CEO Jay Timmons joined manufacturers, students, parents, employees and...