News

2016 Legislature…Week Eleven Update

The 2016 regular session of the General Assembly is down to just nine days remaining and they continue to work on passing the most important bill of the session, the state budget. The House moved their budget through last week, and we expect the Senate to pass their budget this week. We provided an update earlier this week on the House budget HERE. The main negotiation points between the House, Senate and the Governor will be how much to [...]

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2016 Legislature…Budget Update

House Passes Budget The biggest issue up for consideration this session of the General Assembly is the state budget. The state’s two-year spending plan is the one bill that legislators are required to pass in even-year sessions. That process started when the Governor presented his budget back in late-January and took another step forward Wednesday as the House passed its version of the budget. Here is a quick rundown of the key points in the House budget that are of [...]

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2016 Legislature…Week Ten Update

As we have previously reported, the political situation in the House has impacted nearly everything this session, as both Republicans and Democrats postured for the possible outcome of four special elections that were held on March 8 to determine party control of the House. Well the waiting is over. This past Tuesday, voters went to the polls for special elections to fill four vacant House seats, two of which had been previously controlled by Democrats and two by Republicans. [...]

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2016 Legislature…Week Nine Update

Two-thirds of the 60 legislative days for the 2016 Session have been utilized, with the General Assembly completing Day 41 on Friday. The legislature is still scheduled to adjourn on April 12. The session legislative calendar can be viewed online, but here are a few dates we are watching: March 8 – Election Day – For the four open House seats March 28 & 29 – Concurrence Days – Used primarily for concurring in bills with amendments from the second chamber March [...]

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2016 Legislature…Week Eight Update

In the context of the General Assembly, a bill represents everything from an idea about a new program, to a way to solve a constituent’s problem, or complex rules to regulate various industries. There have been over 750 bills filed thus far this session and we expect 100 or more as the House and Senate bill filing deadlines pass this week. Last week, the pace and volume of legislative activity remained controlled and without any sense of haste. The focus [...]

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Aerospace manufacturer Messier-Bugatti-Dowty to expand Walton facility in $100 million-plus project

Governor Matt Bevin announced today that Aircraft wheel and brake components maker Messier-Bugatti-Dowty, a subsidiary of French tech giant Safran, plans to expand its Northern Kentucky plant creating about 80 jobs with an investment of more than $100 million. “Through the manufacturing and refurbishing of wheels and carbon brakes, the Messier-Bugatti-Dowty employees located here in Kentucky help make take-offs and landings safe for tens of thousands of people flying every day across the globe,” said Governor Bevin. “The company’s operations [...]

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Kentucky must focus on building a better-skilled work force

A high-profile issue this session of the General Assembly has been workforce education and development. Kentucky has advanced manufacturing facilities, especially in the auto and chemical manufacturing industries, unlike any other state, and we are grateful for the jobs they create. As president and CEO of the Kentucky Association of Manufacturers, the issue I hear the most is that many of our students coming out of our secondary and postsecondary schools are not “work ready.” We realize that all manufacturing facilities [...]

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America SednAir Moves Into Manufacturing with Opening of $1 Million U.S. Headquarters in Mayfield

With a ribbon cut today on its new U.S. headquarters in Graves County, America SednAir Compressor System Inc. officially adds manufacturer to its lengthy list of attributes. The company, which imports, exports, maintains, repairs and retails parts for industrial air compressors systems, operated for 10 years from a warehouse. Its new $1 million facility in Mayfield spans 10,600 square-feet, giving America SednAir space to hire 11 new employees and begin production of air coolers – essentially heat exchanges – that [...]

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2016 Legislature…Week Seven Update

The General Assembly has used just over half of the 60 legislative days they have for the 2016 legislative session. With the session past its midpoint, it is time to consider how things are progressing for Kentucky manufacturers. Energy – The good news is that no legislation has moved that would negatively impact manufacturers by either adding to our costs or destroying the regulatory environment that would lead to unnecessary uncertainty in power markets. The bad news is that there [...]

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Caine & Weiner Proud to Announce Greg Cohen Elected as IACC President for 2016

Caine & Weiner is proud to announce that Greg A. Cohen, President & CEO, has recently been elected to serve as President of the International Association of Commercial Collectors (IACC) for 2016. Cohen, elected by fellow association members, will serve as head of the Board of Directors and will provide guidance and strategic direction for the association. He has begun his year-long term as President when he was inducted in January 2016 at the annual IACC meeting, with record [...]

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