Monthly Archives - March 2018

legislative-update-2018

A Quick Update, March 28 – Regular Session (2018)

Our last weekly report on legislative activity noted that the General Assembly was scheduled to meet on March 27 and 28 for two concurrence days before recessing until April 12 and 13 for two veto override days. As is very often the case, the legislative leadership chose to alter the legislative calendar. By early afternoon on Tuesday, the announcement was made that the General Assembly would not be in session on the 28th, but would return to convene on [...]

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legislative-update-2018

What You Need To Know, March 19, 2018 – Regular Session (2018)

Crunch Time With only eight working days left in the 2018 legislative session, the most significant hurdle policymakers face is the dwindling amount of time remaining to address priority bills, including passage of the biennial state budget and road plan. On Friday, Senate President Robert Stivers alluded to the possibility that leaders may change the legislative calendar to address the priorities that remain. The current calendar calls for the legislature to meet through Thursday of this week, then return on [...]

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Manufacturing startup releases unprecedented pricing technology for CNC machining

Pricing in manufacturing and the search for the true economic cost of a machined part has been a challenge for manufacturers as long standing as the industry itself. According to recent studies, the existing pricing process results in cost discrepancies of up to 10X for an identical product (or part), depending on the company making it. Receiving a price typically takes days or weeks. Kentucky-based startup MakeTime launched their solution today: Network Pricing. MakeTime’s Network Pricing instantly generates a budgetary [...]

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Gov. Bevin Congratulates Kings Royal Biotech on Groundbreaking of 140-Job Facility in Carlisle County

Today, Gov. Matt Bevin congratulated Kings Royal Biotech Inc. (KRB), a manufacturer of cannabidiol isolate, for breaking ground on its $30 million-plus facility, a project expected to create 140 full-time jobs in the West Kentucky city of Bardwell. “Ag-tech businesses are increasingly recognizing the many benefits of manufacturing hemp-related products in Kentucky,” Gov. Bevin said. “We are grateful for the jobs and investment that Kings Royal Biotech brings and for the company’s efforts to build lasting relationships with West Kentucky [...]

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legislative-update-2018

What You Need To Know, March 12, 2018 – Regular Session (2018)

Timing is everything. Today marks the 47th legislative day of this 60-day budget session. With thirteen working days left, a tremendous amount of work remains: the legislature is working its way through the budget process as the Senate is currently considering the document and making their proposed changes; pension reform remains a mystery as there was a glitch on Friday that sent the bill back to the Senate committee; and some legislative leaders continue to say they will consider tax [...]

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Kuraray Completes Acquisition of Calgon Carbon

Kuraray Co., Ltd. (TYO: 3405) (“Kuraray”) announced it has completed its acquisition of Calgon Carbon Corporation (“Calgon Carbon”). As a separate subsidiary, Calgon Carbon will be reported as part of the Functional Materials Company of Kuraray, along with Kuraray’s Carbon Material Business Division. The Functional Materials Company includes the Methacrylate Division and Medical Division. Randy Dearth, Calgon Carbon’s President and CEO, said of the completion of the merger: “This is an exciting beginning. For over 75 years, Calgon Carbon’s products, technologies, [...]

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legislative-update-2018

What You Need To Know, March 5, 2018 – Regular Session (2018)

Budget and Revenue Bills Pass the House Last week the House revealed their changes to HB 200, the Executive Branch biennial budget. As you know, Governor Bevin introduced his budget proposal in mid-January and the House worked the better part of a month and a half hearing from state agencies and stakeholders. Last Wednesday evening the House Appropriations and Revenue Committee presented their changes. The bill passed committee and was voted on by the full body on the House floor [...]

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Bowling Green Chamber Again Nationally Recognized for Economic Development Excellence

The Bowling Green Area Chamber of Commerce is again being recognized as one of the nation’s top areas that is attracting corporate facility investment. For the second year in a row Bowling Green ranked second, tied with Owensboro, KY, in Site Selection magazine’s Top Metros annual report of high-performing metros among communities with populations less than 200,000 based on total economic development projects for the year. The ranking evaluates states on their ability to attract investment based mainly on a [...]

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Blue Grass Metals Expanding in Northern Kentucky

Gov. Matt Bevin today announced Blue Grass Metals Inc., a supplier of wire forms to the automotive industry, will expand its operation in Boone County with the creation of 15 jobs via a more than $4 million investment. “For years, Blue Grass Metals has been a strong corporate partner in Northern Kentucky, and its latest investment will help bolster our state’s already thriving automotive industry,” Gov. Bevin said. “We are grateful for this latest example of a Kentucky company making [...]

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