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The big roller coasters at the old Kentucky Kingdom in Louisville won't be back when the park reopens as Bluegrass Boardwalk. The application for tax credits reveals that several rides will not be refurbished due to their age and the cost of repairs.

TeleTech will invest more than $12 million in a new delivery center in Hopkinsville.  State officials say the investment will include a 45,000 square foot facility. Hopkinsville Mayor Dan Kemp says the company has been considering the area for several years, and this week’s announcement is a reflection of the quality of the workforce in  Hopkinsville and Christian County.

Daviess County Judge-Executive Al Mattingly says a 1% tax increase on hotel rooms in the county is needed to support the new downtown convention center. Mattingly told Daviess County Fiscal Court members that unless the slight tax increase is enacted, city taxpayers would have to foot the cost of running the new convention center when it opens next year.

A major employer in Simpson County is getting larger with the announcement of more than 100 new jobs.

Kentucky is one of 44 states reaching a 45 million dollar settlement with Skechers USA, Inc.  The settlement stems from complaints about deceptive advertising for rocker-bottom shoes.

The mortgage division of a company which used to be the financing arm of General Motors Company is filing for bankruptcy protection. Ally Financial's mortgage division is known as Rescap.The government-owned lender had reportedly been considering a chapter eleven filing for Rescap for some time.

Kentucky Governor Steve Beshear will leave Sunday for an economic development trip to Taiwan and Japan. The seven day trip is expected to highlight the bluegrass state's 30 year sister-state relationship with Taiwan, and to showcase the Bourbon industry in the Commonwealth.

A Christian County plant has landed a contract through 2020 to make extra-wide airplane body parts for Airbus. Plymouth Engineering Shapes in Hopkinsville is undergoing a $13 million expansion project to accommodate the new contract.

Kevin Willis

A rose by any other name may smell as sweet, but an appeals court says a liquor bottle with a red dripping wax seal by any name other than Maker’s Mark would be illegal. Noting that “all bourbon is whiskey, but not all whiskey is bourbon,” an opinion released by the 6th U.S. Circuit Court of Appeals says that only the Kentucky-made bourbon can carry the distinctive bottle topper.

Sumitomo Electrical Wiring Systems in Scottsville and Yahagi America Molding in Park City have will expand their operations adding nearly two dozen new jobs. Sumitomo will re-open their previously shuttered first plant that began operations in 1988. The building is currently undergoing a $3 million renovation for manufacturing electric wire terminals produced for automotive wiring harness applications for their North American and European customer base.

Warren County was the state leader in private-sector job growth from 2001 to 2010, expanding by more than 15 percent. That’s the finding of University of Louisville economist Paul Coomes, who briefed the state’s Blue Ribbon Commission on Tax Reform Tuesday about job growth in various regions of Kentucky.

Toyota Motor Manufacturing in Georgetown  has announced it’s boosting engine production. Toyota officials along with Governor Steve Beshear are hailing the automaker's latest expansion as welcome news – both for a company recovering from highly publicized recalls starting in 2009 and the state of the economy in the Bluegrass.

One of Kentucky’s most famous bourbon distilleries is being sued by current and former employees who claim they were victims of sexual discrimination. Four of the five women suing Maker’s Mark still work at the distillery. The women filing the sexual discrimination suit say they were subject to a hostile and intimidating atmosphere around the bottling line at the distillery in Loretto.

Consultants hired last week to help Kentucky's Blue Ribbon Commission on tax reform stressed the importance of tax policies and business climates in surrounding states. A new rating released today by Chief Executive Magazine places Tennessee and Indiana in the top five states, in terms of having business-friendly climates.

The Tennessee Valley Authority will look for ways to reduce its expenses in the months ahead, and some positions will be cut. TVA officials announced today that the power supplier brought in about eleven percent less revenue during the first six months of its financial year, compared to the first six months of the previous financial year. An unusually warm winter, which reduced power sales, was cited as a major contributing factor.

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