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Channel: Lane Report | Kentucky Business & Economic News » Economic Development
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National Governors Association ‘New Engines of Growth’ report cites Kentucky...

FRANKFORT, Ky. — With concerns over job creation and business growth holding a prominent position on policy agendas today, governors are increasingly finding innovative ways to support economic growth,...

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Sewing Columnist, TV Show Host Finds Pattern for Success in Faux Fur

Donna Salyers grew an idea to sell fake fur coat kits into a booming retail and catalog business, Fabulous Furs. Nearly 25 years ago, Donna Salyers had squirreled away $5,000 she intended to spend on a...

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Redevelopment Pioneers

Donna Salyers’ Fabulous Bridal, with four floors of retail, opened in downtown Covington in 2005. It specializes in designer gowns, bridesmaid apparel, flower girl dresses, social occasion dresses and...

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Southwest Airlines to add nonstop Louisville-Denver flights in November

Louisville, KY (June 4, 2012)–Southwest Airlines has announced that it will begin new nonstop jet service between Louisville International Airport (SDF) and Denver International Airport (DEN) with one...

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Auto supplier Asahi Bluegrass Forge opens new manufacturing facility in Richmond

RICHMOND Ky. (June 6, 2012) – Local leaders and company officials of Asahi Bluegrass Forge in Richmond cut the ribbon-cutting today on the company’s new 70,000-s.f. manufacturing facility. The plant at...

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Fed reports economy expanded at moderate page; outlooks positive but slightly...

Summary* Reports from the 12 Federal Reserve Districts suggest overall economic activity expanded at a moderate pace during the reporting period from early April to late May. Activity in the New York,...

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Ford Motor Co. unveils reopened and transformed Louisville Assembly Plant

Louisville Mayor Greg Fischer speaks Wednesday at the celebration of the transformation of Ford's Louisville Assembly Plant. (Photo by Ed Lane) (More photos at the bottom of the story.) LOUISVILLE Ky....

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IdeaFestival an Environment for Innovation

Most of the IdeaFestival sessions and events — focused on innovation and inter-disciplinary creativity — take place at the Kentucky Center for the Performing Arts in downtown Louisville. IdeaFestival...

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Kentucky Exports at Highest Level Ever

Y.J. Choi, ambassador of the Republic of Korea to the United States, said Kentucky businesses should consider exporting to Korea now that the two countries have a free trade agreement. Export of...

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Alltech opens the first new Lexington distillery in 100-plus years

[Lexington, Ky.] – The burbling Town Branch waterway once enticed numerous Lexington distillery operations to set up  along the course of its stream downtown. The Old Pepper Distillery was the lone...

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Stocking the state’s startup tank

When serial entrepreneur Matt Bellis, CEO of Lexington-based 3D imaging camera startup Seikowave, was planning his company, neither Kentucky nor anywhere else in the South or Midwest was on his radar...

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Construction bids farewell to recession

It was 2011 and early 2012 when the Great Recession tightened its grip on Bowling Green construction company Scott, Murphy and Daniel, and the list of active projects shriveled during a nine-month...

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Commercial real estate improving

Commercial real estate brokers who sell and lease multifamily and industrial properties in Kentucky report sharply improving activity in this sector, with the retail and office space sectors lagging...

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Bee-ginning a new Appalachian industry

Honeybees bring to mind stings of summers past, maybe a cute cartoon character that endorses breakfast cereal and, of course, honey. However, deeper exploration into the everyday business of bees...

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Producing more skilled workers

“There are no jobs in manufacturing now.” Greg Higdon, president and CEO of the Kentucky Association of Manufacturers, often opens with that statement as he speaks about the manufacturing industry....

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The rise of the temporary worker

As companies and businesses slowly recover from the economic recession of 2007-2008, there’s been a noticeable uptick in the demand for temporary workers to meet employers’ labor needs, both in...

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Taste of Kentucky

Out-of-state journalists were served up first-hand information about the commonwealth’s $5 billion-plus food and beverage sector during a two-day Taste of Kentucky media tour last month. They visited...

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Economic development: Better branding in Bowling Green

Realizing the opportunity Bowling Green’s distinct and unique heritage presents, local officials are enthusiastically behind the National Corvette Museum’s $22 million investment in the NCM Motorsports...

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Can Kentucky join the P3 club?

Mounting state and local infrastructure needs in Kentucky, as in most states, exceed public resources and revenues to pay for them – by a lot. Thus, members of the construction contracting community...

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Unemployment falls in 119 Kentucky counties

FRANKFORT, Ky. (Dec. 23, 2014) – Unemployment rates fell in 119 Kentucky counties between November 2013 and November 2014, according to the Kentucky Office of Employment and Training, an agency of the...

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