Business

Business news

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.

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