Business

Business news

If you could make a lot of bourbon whiskey these days, you could be distilling real profits. Bourbon sales in this country are up 36 percent in the past five years.

But you'd need new wooden barrels for aging your new pristine product. Simple white oak barrels, charred on the inside to increase flavor and add color, are becoming more precious than the bourbon.

Some counties in south-central Kentucky are criticizing their workforce development district and asking the governor to create a new one.

The Bowling Green Daily News reports officials in Warren, Allen, Logan and Simpson  counties have asked Gov. Steve Beshear to establish a workforce development area separate from the Barren River Area Development District. Agency Director Rodney Kirtley says he hopes officials can resolve their differences so the 10-county region can work together.

Warren County Judge-Executive Mike Buchanon said he's unhappy with the workforce investment board's focus and that the current structure doesn't give him the ability to influence action by the agency.

Others say BRADD is trying to be fair to all counties. Edmonson County Judge-Executive N.E. Reed says BRADD provides services to the smaller counties that they couldn't otherwise afford.

Patriot Coal will idle two large coal mines in Western Kentucky, beginning today. As many as 650 workers could be affected.

Patriot warned layoffs could be coming earlier this month, when it issued WARN notices to employees at its Highland and Dodge Hill mines. 

One Kentucky county isn’t waiting on Frankfort to pass right-to-work legislation.

The Warren County Fiscal Court Thursday took the first of two votes required to approve a right-to-work ordinance.

The vote was 5-1 with Magistrate Tommy Hunt casting the lone “no” vote. 

The ordinance covers only private-sector workers, not teachers or other public employees.  A final vote on the ordinance is scheduled for December 19.

According to the Bluegrass Institute for Public Policy Solutions, Warren County would become the first county in the nation to adopt a local right-to-work law, which means workers would have the right to choose whether or not to join a union and pay dues  without jeopardizing their employment.

Comer Takes Aim at Economic Development Efforts

Dec 5, 2014

Republican James Comer says he wants to eliminate state economic development incentives for companies that fail to pay livable wages.

The GOP candidate for governor said Thursday that Kentucky's Economic Development Cabinet has made "questionable deals" that included awarding tax incentives. Comer didn't define a livable wage but said it's higher than the minimum wage.

He said the Economic Development Cabinet would draw close scrutiny if he becomes governor.

Comer, the state agriculture commissioner, made the remarks to reporters after speaking to the Kentucky Farm Bureau's annual meeting.

Comer said he plans to talk about ways to reduce poverty in Kentucky. He said he wants to attract investment into areas in dire need of more jobs. He said one way to do that is to make Kentucky a right-to-work state.

Lisa Autry

Kentucky’s newly-appointed lieutenant governor was in Warren County Tuesday to certify two locations in the Kentucky Transpark as Build-Ready sites. 

Crit Luallen said the designation means Warren County has an extra advantage in the competitive hunt for new jobs.

"The whole concept is to give site selectors who are looking for a place to invest and create jobs a ready-to-go location, one for which the preparation work has already been completed, the legal and zoning obstacles have been removed, and the red tape has already been cut," Luallen explained.

Governor Beshear announced the state’s first Build-Ready site last month in Henderson. 

While in Bowling Green, Luallen praised Warren County for having the state’s lowest unemployment rate at 4.8%, according to the latest figures.

Abbey Oldham/WKU Public Radio

Seven distilleries have joined the Kentucky Distillers' Association and the president of the organization says the KDA is poised for even more growth next year. 

Boundary Oak Distillery in Elizabethtown, Casey Jones Distillery in Hopkinsville and Dueling Ground Distillery in Franklin are among the craft distilleries that joined the organization on Monday. 

Bluegrass Distillers in Lexington, Kentucky Peerless Stilling Co of Louisville, the Gentleman Distillery in Paris and Three Boys Farm Distillery in Frankfort also became members of the KDA.

The group is now composed of 27 members, the most since the 1930s when the group was re-established after Prohibition.  President Eric Gregory says the number of distilleries in the KDA could rise to 40 by next year. 

Not Just 'Cyber Monday', But 'Cyber Week' For Many Kentucky Retailers

Dec 1, 2014

Some businesses in Kentucky are working to extend cyber Monday through the end of the week.  A number of advertisements this past weekend promoted an e-commerce focus for the entire week. 

Kentucky Chamber of Commerce President Dave Adkisson says UPS in Louisville is beefing up its workforce to keep up with demand, as is a major on-line delivery service in the Bluegrass Region. 

"In central Kentucky, you have Amazon and locations where they are shipping product through all hours of the day and night," said Adkisson.  "So Kentucky with its central location and great logistics network both air and rail and highway, we're in great shape to take advantage of e-commerce."  

In addition to big corporations like UPS and Amazon, Adkisson says many smaller retailers have reinvented themselves to take advantage of e-commerce.  Adkisson says e-commerce is still not viable for all Kentucky retailers. 

"There's fallout from this.  You know a traditional main street merchant who has not made that leap or whose business products and services don't really lend themselves to e-commerce, they have to emphasize customer service and other facets of their business that will keep their customers loyal," added Adkisson.

Some of the most popular apps designed for smart phones and tablets come from the team at Hitcents, a tech company based in Bowling Green.  The firm received attention earlier this year when it unveiled an iPad app called Hanx Writer that simulated a vintage typewriter. 

Now, they’ve customized the app for the smaller screen of the iPhone. 

Hitcents Graphic designer Ava Oliver says scaling down the design was a difficult task.

“I guess the biggest struggle is that the iPad was more the size of a typewriter – similar.  And then, the iPhone [is] much smaller,” said Oliver. “It was kind of interesting to make those keys small, still beautiful, and yet functional.”

Art director Joe Tudor and says the project was challenging, but rewarding.

“iPads are fun and interesting but they aren’t very portable,” said Tudor.  “Everyone has a phone and a device and it really serves as an extension of the app to get it in more people’s hands. So we’re really excited about the opportunity to let more people experience the app and experience the ‘typewriter feel’.”

 The iPad app proved popular when it was released this summer.  The design for the app is based on vintage typewriters from Tom Hanks’ personal collection.

Owensboro City Commissioners are throwing their support behind a plan to build a new processing plant at the city’s riverport.

At a meeting Tuesday night, commissioners praised the plan that would be financed by $25 million  of city issued bonds. The Messenger-Inquirer reports an ordinance authorizing the bonds will likely come up for a final vote next month.

Under the plan, a new milling facility would be built in partnership with Solvay Chemicals. While the city would issue the bonds used to pay for the project, the Riverport Authority would be responsible for repaying the cost of the bonds over ten years.

The estimated economic impact of the new processing facility is between $45 million and $65 million.

Pages