Toyota Motor Corporation is offering retirement incentives to 2,000 Kentucky employees in an effort to prevent a mass-exodus next year at the automaker’s Georgetown plant. The Wall Street Journal reports the effort by Toyota would require eligible workers to leave at dates specified by the company, rather than when the employees would otherwise become eligible for retirement.
A grand opening is planned this week for the Western Kentucky University Student Business Accelerator, a 1,200-square-foot space to give students a chance to start a business while they're still in college. The space is in the Center for Research and Development in Bowling Green, and the grand opening is set for 3 p.m. CST Tuesday.
Kentucky has a captive audience during the month of December for a spread about the state's business climate. Gov. Steve Beshear's office says a 32-page editorial supplement on the state is being featured in Hemispheres, the onboard magazine of United Airlines. The governor's office said in a news release that the supplement will be available to approximately 12.3 million passengers during December.
It should be a merry Christmas for Kentucky retailers. Many are expecting sales to be up this year. "This is the first time in the six years that we've done this survey that we've seeing the kind of optimism among our membership," says Laura Leigh Goins with the Kentucky Retail Federation.
Owensboro's tourism economy took a pounding after its largest hotel, the Executive Inn Rivermont, closed in 2008 as the national economy started to falter, but now things are looking better. The Owensboro-Daviess County Convention & Visitors Bureau, which is funded primarily by a hotel room tax, brought in $587,567 at the end of this fiscal year --more than the $512,000 budgeted.
A wet-dry vote for a precinct in Owensboro is set for next month. The Messenger-Inquirer reports voters in the city’s 13th precinct will have the chance to cast ballots December 11th on whether to continue to allow alcohol sales or to make the area dry. The precinct includes the athletic arena known as the Sportscenter and nearby Moreland Park.
Delta Airlines is planning to reduce the number of flights between Memphis, Nashville, Knoxville, and Birmingham. A company spokesman told the Commercial Appeal that the flights are no longer profitable, because passenger demand has slackened.
The Better Business Bureau says consumers can take some basic steps to help reduce their chances of becoming a victim of a scammer or hacker. Cyber Monday has become a major shopping day in the United States, and the BBB recommends that shoppers use strong, unique passwords that include numbers, letters, and symbols.
Kentucky Governor Steve Beshear visited Bowling Green Tuesday with a double dose of good economic news. Kobe Aluminum is expanding operations and investing $11 million to construct a new building and purchase new equipment.