A publication of the Kentucky Center for Public Service Journalism

Lexington-Bluegrass Association of REALTORS announces $259.3 million in sales in May

Real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Bluegrass economy with 1,281 reported sales totaling $259,263,788 during the month of May. According to 2018 LBAR President John Groft, “Inventory and days on market both continue to skim along at historic lows, while buyer demand is creating competitive purchase offer situations that...

Franklin’s Vermont Thread Gage creates new program to bring machine operator jobs to Ky.

Officials from Vermont Thread Gage (VTG) in Franklin, the Institute for American Apprenticeships (IAA), and the Kentucky Labor Cabinet today announced a new Registered Apprenticeship program that will bring Machine Operator jobs to Kentucky over the next several months. Through an extensive recruitment process, up to twelve individuals will be selected for an eight-week education program at Vermont...

LBAR announces $215.6 million in Fayette County real estate sales in first quarter 2018

Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Fayette County economy in first quarter 2018 with 920 reported sales totaling $215,628,456. Sales continue to be a driving force in Fayette County economy. Residential sales decreased 12 percent from 1,050 sales reported in first quarter 2017 to 920 sales reported in first quarter...

Powertec Solutions International plans new headquarters and distribution center in Franklin

PowerTec Solutions International LLC (PSI), a producer of power source devices and other power-related products, will create 20 full-time jobs as it invests more than $2.26 million for a new headquarters and distribution operation in Franklin. PSI, located in the Wilkey North Industrial Park in Franklin, will purchase 17 additional acres in the park to build a 30,000-square-foot facility. The new building...

Automotive supplier Taeyang to invest $15.6 million, establish 76 jobs in Simpson Co. manufacturing plant

Taeyang Metal Industrial Co. Ltd., manufacturer of fasteners and cold-rolled steel products for the automotive industry, will invest nearly $15.6 million and create 76 full-time jobs to establish a manufacturing plant in Franklin. The facility will be the company’s first in the United States. “Taeyang is a well-respected, global company in the automotive industry and we are grateful that its executives...