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Ellis Park

Kentucky horse racing regulators have approved the sale of Ellis Park racetrack to a group that's had a minority ownership in the track for several years.

The Kentucky Horse Racing Commission Tuesday approved the sale of the track in Henderson County to the Saratoga and Hospitality Group.

The track's primary owner has been Ron Geary, who purchased Ellis Park from Churchill Downs in 2006.

Papa John's Founder: Stepping Down as Chairman a "Mistake"

Jul 18, 2018
Flickr/Creative Commons

Papa John's founder John Schnatter says the pizza chain doesn't know how to handle a "crisis based on misinformation" and that he made a "mistake" in agreeing to step down as chairman.

Schnatter says the board requested that he step down as chairman without "any investigation" and he should not have complied, according to a letter his representative says was sent to the board Saturday. The contents of the letter were first reported by the Wall Street Journal.

U.S. whiskey distillers are fretting over the steep new tariffs they're facing around the world. They're being punished as U.S. trading partners retaliate against the Trump administration's tariffs on steel and aluminum. Now, the distillers fear that a long boom in U.S. whiskey exports could be coming to an end.

Kentucky bourbon has experienced a huge revival over the past decade — thanks in large part to U.S. trade initiatives that have opened up global markets, says Eric Gregory of the Kentucky Distillers' Association.

Kentucky Governor Downplays Effect of EU Tariffs on Bourbon

Jun 22, 2018
J. Tyler Franklin

In comments at odds with his home state's whiskey distillers, Kentucky's Republican governor is downplaying fears that the European Union's retaliatory tariffs could disrupt the booming market for the Bluegrass state's iconic bourbon industry.

"There's always the potential for some type of impact, but I don't think it will be a tremendous impact," Gov. Matt Bevin said when asked about tariffs during a TV interview this week with Bloomberg.

U.S. Agency for International Development

A Somerset businessman is in Washington, D.C. Monday and Tuesday of this week with a group of state and national leaders to encourage funding for American development and diplomacy overseas. 

Somerset Recycling President Alan Keck is part of the Kentucky Advisory Committee at the U.S. Global Leadership Coalition Summit in the nation’s capital.

The group is urging the Trump administration to fully fund the U.S. Agency for International Development, an organization that supports humanitarian efforts and promotes American prosperity through investments that expand markets for U.S. exports. Keck said the Trump administration has proposed cutting 30 percent of the USAID budget.

paringaresources.com

The CEO of a company behind a new coal mine project in McLean County, Kentucky has resigned. The announcement from the Australian mining company Paringa Resources said managing director and CEO Grant Quasha is resigning as of June 18 to “pursue another opportunity.”

Quasha said in a Fox Business TV interview in September 2017 that the election of President Donald Trump has “ended the war on coal” and allowed Paringa to raise 40 million U.S. dollars in financing in the Australian equity markets, in addition to $20 million in project financing from Macquarie Bank in Australia for construction of the McLean County mine that will produce thermal coal for regional utilities. The mine is in what’s called “the Illinois Basin.” 


All Tech

Alltech has decided to end its brewing partnership with Western Kentucky University which will cease production of two WKU-themed beers. 

The Nicholasville-based biotech company collaborated with WKU three years ago to open a fully operational brewery that would support new graduate and undergraduate certificates in Brewing and Distilling Arts and Sciences. 

Alltech leased space on WKU’s campus and provided the brewery with production equipment.  Communications Director Susanna Elliott told WKU Public Radio that the company has decided not to continue the lease.

400 Mile Yard Sale

Bargain shoppers will be out in big numbers over the next few days for the '400 Mile Yard Sale' along Route 68 in Kentucky.

When the 400 Mile Yard Sale started 14 years ago, it was to entice drivers to turn off highways and visit  local shops and restaurants along Route 68. At that time, it was the “road less traveled.”

But that yard sale has taken on a festival atmosphere and from Thursday, May 31 through Sunday, June 3 Route 68 will be one of the “most traveled” routes in Kentucky, from Maysville, located 66 miles northeast of Lexington, all the way west to Paducah.

Rhonda J. Miller

A business incubator called ‘The Hub’ in Ohio County has a second training program at no cost to residents. Ten people are enrolled in the ‘virtual assistant’ training.

The main goal of ‘The Hub’ is to create jobs, especially high-tech remote jobs, that offer Ohio County residents a chance to continue to live in this rural community and have a 21st Century career with a good income. 

Chase Vincent is Executive Director of the Ohio County Economic Development Alliance. He says the 10 residents who are currently enrolled in the ‘virtual assistant’ program are getting training that will prepare them to manage a distant office, for instance a medical practice, from home or from co-working space in ‘The Hub.”

Hardin Memorial Health

Louisville-based Baptist Health has agreed to purchase Hardin Memorial Health in a deal worth more than $361 million. 

The sale approved on Tuesday by the Baptist Health Board of Directors will build on an existing partnership between the two health care systems.  Hardin Memorial Health is owned by Hardin County, but Baptist Health has managed the 300-bed facility and system for the past 20 years.

Kentucky was one of the states that contacted Facebook requesting information on how many residents have been affected by the recent privacy breach when Cambridge Analytica got access to the personal data of an estimated 87 million people.  Now the state numbers are in.

Kentucky Attorney General Andy Beshear is reporting that more than 1.3 million people in the state have been impacted by the Facebook data breach.

Beshear was one of a group of attorneys general who sent a letter to Facebook CEO Mark Zuckerberg in March out of concern that personal information was provided without permission to Cambridge Analytica.

Rodney Goodman/ Habitat for Humanity

The city of Bowling Green is partnering with Habitat for Humanity on a community of affordable homes. 

There are already nine homes in Durbin Estates west of downtown Bowling Green. The community is being developed by Habitat for Humanity.

The city has designated $500,000 in Community Development Block Grant funds for infrastructure at Durbin Estates.

Brent Childers is Bowling Green's director of neighborhood and community services. He said affordable housing is a challenge in every market.

Simpson County Detention Center/Facebook

Several inmates from the Simpson County Detention Center now have jobs at private companies under a new program called SCORE. 

Three men and two women are the first inmates taking part in the program called “Second Chance Offender Rehabilitation and Education” or SCORE.

Deputy Jailer Ashley Penn is program director for the jail. She said the inmates found their own jobs, went on interviews, got hired, and at the beginning of this month, began working at local companies.

Lisa Howlett

One of Logan County’s oldest manufacturers plans to expand operations in China with a business deal that’s expected to close June 1.  Auburn Leather is selling its leather laces division to ISA Tan Tec, which is an international tanning operation. 

Auburn Leather supplies many shoe brands that have factories in China.  President Lisa Howlett says the company needs a greater Chinese presence so it can get its products to market faster. 

Flickr/Creative Commons/Pete Prodoehl

A company that produces aluminum is adding more than 250 jobs and investing over $100 million to improve one of its smelters in Kentucky.

Gov. Matt Bevin announced Wednesday that Century Aluminum will invest roughly $116.5 million for improvements to the smelter in Hawesville and bring back more than 250 full-time jobs. In the fall 2015, Century closed three potlines and laid off about 320 workers at the smelter in a dispute over electricity prices.

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