A nonprofit publication of the Kentucky Center for Public Service Journalism

New report shows private equity creating jobs and driving economic growth across Kentucky

New research from EY and the American Investment Council reveals that across Kentucky, the private equity industry employs more than 102,000 workers—who, on average, earn $69,000 a year in wages and benefits. Beyond these direct jobs, the industry supports more than 327,000 jobs and generates $700 million in state and local taxes, a tremendous benefit to communities in every corner of the Commonwealth. “This...

Anixter to centralize East Coast sales team, add over 100 jobs with $4.2 million investment in Lexington

Anixter Inc., a global distributor of technology, electronic, network and security products, announeed Thursday plans to invest $4.23 million and grow by 103 full-time jobs as it relocates within Lexington. “Anixter is excited to have Lexington as the home of our new East Coast sales hub for our Network & Security Solutions segment. As a company that is constantly adapting to meet the changing...

Andy Beshear unveils economic and jobs plan; platform promotes agritech and manufacturing

By Tom Latek Kentucky Today Democratic gubernatorial candidate Andy Beshear rolled out the first part of his economic and jobs agenda during a campaign stop Wednesday in northeastern Kentucky. Accompanied by his running mate Jacqueline Coleman, House Minority Leader Rocky Adkins, D-Sandy Hook and Rep. Terri Branham Clark, D-Catlettsburg, Beshear unveiled what he terms the first pillar of his “Kitchen...

Gov. Bevin on US-Mexico-Canada Agreement: Trade modernization benefits Kentucky and North America

Throughout the very complex trade negotiations to replace NAFTA via a trade deal known as the United States-Mexico-Canada Agreement on Trade or USMCA, President Trump, Secretary Ross and the Trump Administration have been the subject of no small amount of criticism. Gov. Bevin As Governor of Kentucky and as a businessman with decades of experience across a wide array of industries, I have intentionally...

Bluegrass Community and Technical College to offer both eight and 12 week sessions this semester

Prospective students who missed the first fall enrollment start date or who would like to complete a college class in a shorter time may now enroll in eight-week sessions or 12-week sessions at Bluegrass Community and Technical College. The 12-week session begins Sept. 10, and the eight-week session begins Oct. 12. BCTC offers a wide variety of majors that prepare students for high-wage, high-demand...

Mayfield Consumer Products plans $8.3 million expansion to Graves County manufacturing facility

Branded candle and home fragrance manufacturer Mayfield Consumer Products LLC announced this week plans to add a facility and expand an existing building in Graves County with more than $8.3 million in investment that will create 52 full-time jobs. “We are excited about the growth that MCP has been blessed with,” said Troy Propes, CEO of MCP. “It’s a reflection of the dedicated employees that...

NKITA members hear about Japan’s influence on state’s auto industry, take a few laps, at KY Speedway

By Kevin Eigelbach Northern Kentucky Tribune At the May meeting of the Northern Kentucky International Trade Association (NKITA), Toshio Nakao told a story that illustrated the difference between American and Japanese ideas of justice. Mark Simendinger, general manager of the Kentucky Speedway, talks with attendees at the Northern Kentucky International Trade Association meeting at the Speedway on...

Commentary: Kentucky has earned a rightful reputation as a hub for modern manufacturing

By Susan Elkington and Jay Timmons Special to KyForward Though some may not know it yet, Kentucky has rightfully earned a reputation as a hub of modern manufacturing. In fact, more than 240,000 Kentuckians work in manufacturing, and modern manufacturers are looking to hire across the commonwealth. In Georgetown, Kentucky, modern manufacturing takes the form of auto production at the Toyota factory...

Packaging manufacturer Takigawa Corp. Japan to establish first U.S. operation in Bardstown

Takigawa Corp. Japan, a flexible packaging and high-performance films producer, will create 180 full-time jobs with a nearly $46 million investment to locate a manufacturing operation in Bardstown, its first in the United States. “After conducting a lengthy national site selection process, Takigawa is excited to have selected Bardstown, Kentucky as the home of our new US facility,” said Hiroyuki...

Rep. Mike Denham: State is seeing success across the board, outperforming other states

  FRANKFORT – As states look for ways to improve their quality of life, the first thing they usually do is see how well they stack up with the rest of the country.   An annual publication known as “State Rankings” makes that relatively easy by bringing together more than 500 comparisons from a variety of sources. While some of the information can be dated – the most recent edition...

Students get experience in manufacturing career paths at Southside Technical Center

Working in teams, the students keep a calendar and project management log, design and document their process, fill out contracts, and handle other decisions as if they were professionals on the job.   By Tammy L. Lane Fayette County Public Schools     High school students sometimes have no idea what they want to do when they graduate. Hands-on experience in different fields is what one...