A publication of the Kentucky Center for Public Service Journalism

Keeneland names Everett Dobson, Walker Hancock, Gray Lyster to advisory board of directors

Cheyenne Stables’ Everett Dobson, Claiborne Farm President S. Walker Hancock Jr. and Ashview Farm Co-General Manager W. Gray Lyster IV have been named to Keeneland’s Advisory Board of Directors. Dobson, Hancock and Lyster will begin their service at the Advisory Board meeting on Oct. 11. The Keeneland Board, which meets semi-annually during the track’s April and October race meets, represents...

Investors Heritage Life Insurance will expand Frankfort headquarters with $1 million expansion

Investors Heritage Life Insurance Company will create 75 full-time jobs at its Frankfort headquarters, doubling its Kentucky workforce throughout the next five years with a $1 million investment. “This is a very exciting time for our company,” said Harry Lee Waterfield II, president and CEO of Investors Heritage. “We completed a merger transaction in March and our new partners, Aquarian Holdings,...

Covington’s Braxton Brewing Company is the Official Beer of the Breeders’ Cup World Championships

Since 1984, the world’s finest thoroughbreds have competed in the Breeders’ Cup World Championships for a place in history. Now, we make ours. With the utmost excitement, Covington-based Braxton Brewing Company has announced its place as the official beer partner of the 2018 Breeders’ Cup World Championships, taking place on November 2 and 3 at Churchill Downs in Louisville For this historic...

Plastic’s manufacturer Danimer Scientific plans for $36.2 million fermentation facility in Clark County

Danimer Scientific, a manufacturer of biodegradable and compostable plastic products, will locate a fermentation facility in Winchester with a $36.2 million investment and create 37 full-time jobs. Danimer Scientific’s leaders plan to purchase and revitalize the 88,000-square-foot former Alltech algae building on Rolling Hills Lane in Winchester. The company will use the fermentation plant to produce...

Lexington-Bluegrass Association of REALTORS saw home sales rise for second time in 2018

Total real estate sales by members of the Lexington-Bluegrass Association of REALTORS (LBAR) increased in August for the second time in 2018. August sales activity ticked up 2.1 percent with 1,339 sales reported compared to 1,311 sales reported in August 2017. Single-family home sales were 1,252 in 2018, an increase of 1 percent over the 1,238 homes sold in August 2017. Townhouses and condos saw a...

Keeneland ends September Yearling Sale with ‘electric’ commerce and $377m in gross receipts

Keeneland’s September Yearling Sale concluded Sunday with commerce described as “electric” at every level of the market during the 13-day auction, held Sept. 10-23. The bellwether sale produced gross receipts of $377,130,400, which was the fourth highest in September Sale history and approached the record heights of the mid-2000s. Average price bested last year’s record. Twenty-seven horses...

Wheat, double-crop soybeans look profitable as Kentucky grain producers look ahead to 2019

By Katie Pratt University of Kentucky As Kentucky grain producers look ahead to 2019, they may want to consider adding wheat seeding to their plans this fall. The combination of wheat followed by double-crop soybeans is appearing to be more profitable for the upcoming marketing year compared to a corn-soybean rotation, said Todd Davis, University of Kentucky agricultural economist. “For the past...

Opening of Castle & Key Distillery, $30m renovation, bring new life to former Old Taylor Distillery Co. site

At the opening of Castle & Key Distillery this week, Gov. Matt Bevin congratulated the company’s leaders on their $30 million renovation and welcomed the public’s return to the restored, long-dormant grounds of the former Old Taylor Distillery Co. in Woodford County. Gov. Matt Bevin cuts the ribbon to signal the opening of Castle & Key Distillery on the historic former site of the Old Taylor...

LG&E, Kentucky Utilities Company making system-wide enhancements to further improve service

Most folks don’t realize the convenience of their natural gas and electric service until it’s not there. Fortunately, customers of Louisville Gas and Electric Company and Kentucky Utilities Company have continued to experience safer, more reliable service thanks to additional improvements in the companies’ energy infrastructure. Overall, from January 2018 to October 2019, LG&E and KU are...

Marc Carey’s Steepleview Farm acquires Brosmore’s Pepper Jelly, expands into craft food industry

Beth Brosmore of Brosmore’s Pepper Jelly has announced that her successful craft jelly, sauce, and pickling business has been purchased by Steepleview Farm which is expanding its operations into the growing small batch and craft food industry. “I always felt we had a unique line of delicious food items and take great pride in how the business has developed,” Beth said, “But for the past six...

AAUW releases report on the gender gap for all 50 states; Kentucky deemed ‘weak’

The American Association of University Women (AAUW) used recently released Census Data to calculate the gender pay gap for all 50 states (including D.C.) as well as congressional districts in each state. The analysis also looks at the strength of each state’s current equal pay laws as well as current federal laws and what needs to happen for the state to truly have strong equal pay protections...

After four-year hiatus, Keeneland 2019 April Two-Year-Olds in Training Sale returns April 9

Keeneland officials announced Friday that the 2019 April Two-Year-Olds in Training Sale will be held on April 9. The Preview Day, which will offer breezes over both the main dirt track and turf course, will be held on April 8. “Keeneland looks forward to the return of the April Sale, and we anticipate we will see several 2018 September Yearling Sale graduates participating,” said Bob Elliston,...

California-based utility truck rack manufacturer plans $1.35 million investment in Clinton County

Rack-It Truck Racks Inc., a utility truck rack manufacturer with operations in California, will invest more than $1.35 million and create 25 full-time jobs to establish a location in Clinton County. “Rack-It Truck Racks is very excited about the opportunity to expand our business into Kentucky and specifically the community of Albany,” said Van Thompson, president of Rack-It. “We have been warmly...

Keeneland records significant growth as September Yearling Sale book two comes to a close

Brisk trade spurred significant growth in results during Sunday’s sixth session of Keeneland’s September Yearling Sale, marking the close of Book 2. The session was headlined by the sale of an Uncle Mo colt who is a half-brother to 2016 Belmont (G1) winner Creator for $875,000 to the partnership of Ron Winchell’s Winchell Thoroughbreds and Amer Abdulaziz’s Phoenix Thoroughbreds.  On Sunday,...

After one-day hiatus, Uncle Mo colt brings $1 million to top opening day of book 2 at Keeneland

After a one-day break at the conclusion of a blockbuster Week 1 of Keeneland’s September Yearling Sale that produced gross sales exceeding $216 million, the momentum continued Saturday led by the sale of the Uncle Mo colt Wall Street Lion for $1 million. The colt, the 27th million-dollar horse of the 2018 September Sale, is the first seven-figure sale of the auction’s fifth session since 2011 and...

Churchill Downs opens its new Derby City Gaming in L’ville, a $65m historical racing entertainment facility

Churchill Downs Incorporated (CDI) is celebrating the grand opening of Derby City Gaming, a $65 million state-of-the-art historical racing machine (HRM) facility located at 4520 Poplar Level Road in Louisville. Kentucky state and local officials and members of the horse racing community joined the CDI team today to officially open the entertainment facility to the public on Friday.   Derby City Gaming...

Medaglio d’Oro colt brings top price of $2.1 million as Keeneland wraps final book one session Thursday

Amer Abdulaziz’ Phoenix Thoroughbreds paid $2.1 million for a Medaglia d’Oro colt who is a half-brother to 2015 Breeders’ Cup Distaff (G1) winner Stopchargingmaria to top Thursday’s fourth session of the Keeneland September Yearling Sale. Six million-dollar horses were sold during the session, the final day of the premier Book 1, increasing the total number of seven-figure purchases to 26,...

First veteran business owner addresses legislative committee about ‘Boots to Business’ program

Chief Warrant Officer 2 Joe Slaughter, the first veteran entrepreneur to start a business under the Secretary of State’s Boots to Business program that started last month, addressed a legislative committee on Thursday about the program as the nation recognizes the week of the 17th anniversary of 9/11. Kentucky Secretary of State Alison Lundergan Grimes met with Slaughter last week as he and other...

Colt from first crop of 2015 Triple Crown winner American Pharoah tops Keeneland’s third session

Robust competition for Thoroughbred racing prospects among a global contingent of buyers continued Wednesday during the third session of the Keeneland September Yearling Sale, where a colt from the first crop of 2015 Triple Crown winner American Pharoah brought $1.4 million and six other yearlings sold for more than $1 million each. The seven million-dollar sales increased the total number of yearlings...

Keven Moore: Playing golf can be hazardous to your health, especially when using a golf cart

According to statisticbrain.com, 9.6 percent of Americans (26 million people) have played 18 holes of golf at least once in the past 12 months. A lot of business is conducted on a golf course, but the industry itself is enormous business. According to a 2015 Forbes magazine article, it is estimated to be a nearly $70 billion industry, supporting two million jobs and $55.6 billion in annual wage income....