News

New KET Documentary Profiles Ashland Oil’s John Hall

From the academic halls and the gridiron at Vanderbilt University to the competitive business world at Ashland Oil (now Ashland Inc.), Texas native John Hall has thrived on competitiveness, tenacity and compassion. A new documentary, John Hall: The Kentucky Commodore, premiering Tuesday, April 26 at 8/7 pm on KET, relays Hall’s life, business career and extensive philanthropic work. Hall’s rise to the helm of Ashland Oil began in 1957, when he was hired by the company to do research and [...]

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Eagle Press America to open plant in Franklin

Governor Matt Bevin announced today that Eagle Press, a manufacturer of industrial presses and stamping equipment, will bring a manufacturing component from Canada to Kentucky. Eagle Press plans to invest more than $1 million in Franklin to build its new facility and purchase equipment. The project will create an estimated 10 new full-time jobs in Simpson County. “Eagle Press is a welcome addition to Kentucky’s diverse manufacturing portfolio,” said Governor Bevin. “The nearly six decades of experience Eagle Press brings to [...]

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Three Kentucky Manufacturers Recognized with National Awards for Investment, Community Impact

Governor Matt Bevin today congratulated three Kentucky manufacturing operations on receiving Corporate Investment & Community Impact (CiCi) Awards from Trade & Industry Development magazine. In its 11th annual CiCi awards, the magazine recognized some of the state’s largest economic development projects announced last year. It presented Corporate Investment commendations for job-creation and investment announcements made last year to Ford Motor Co.’s Kentucky Truck Plant (KTP) in Louisville and the General Motors Corp. Bowling Green Assembly Plant. It also honored North [...]

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2016 Legislative Update…Week 13

The General Assembly finished their 59th Legislative Day on Friday beginning the Veto Recess, a period of time when legislators return home while the Governor considers vetoing any legislation that has passed both chambers. Both House and Senate set their return date from the Veto Recess for April 12 @ 11:00 am, when they will convene for the final day of the regular legislative session. The biggest issue of the 2016 Session, passage of a state budget, remains unresolved as [...]

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Kentucky Organizations Receive EPA Honors for Energy Efficiency

Kentucky Energy and Environment Cabinet (EEC) Secretary Charles G. Snavely today announced that Toyota Motor Engineering and Manufacturing North America, (TEMNA) Inc., is among six Kentucky organizations to receive the U.S. Environmental Protection Agency (EPA) ENERGY STAR Partner of the Year awards for 2016. Toyota received the prestigious Sustained Excellence Award by delivering outstanding energy and environmental programs for 12 consecutive years. Also receiving Sustained Excellence awards were: The Kentucky School Boards Association, Frankfort, KY., Kenton County School District, Fort [...]

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2016 Legislative Update…Budget Impasse

Speaker Stumbo and President Stivers announced moments ago that the Budget Conference Committee has reached an impasse and at the current time is unable to reach an agreement on a two-year spending plan for the state. The Conference Committee was up against a deadline to get the budget agreed to and printed in time for a vote late tomorrow in order to preserve the General Assembly’s ability to override any vetoes that might be issued by the Governor. Stivers and [...]

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2016 Legislative Update…Day 58

The General Assembly finished Day 58 of the 2016 Session much like they started, without a budget or a road plan and a lot of work ahead of them. After much negotiating on the budget in the conference committee, where the House and Senate each traded proposals to end the stalemate, no agreement could be reached. The two main sticking points appear to be no cuts to education for the House and more monies for pensions in the form [...]

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2016 Legislature…Week Twelve Update

The politics and legislative activity for this week were dominated by the budget process. The Senate passed its budget on Wednesday, see our report HERE. The House refused to concur with the Senate version and pushed the bill into a conference committee. The budget conference committee is made up of leadership and other key members from each chamber who are charged with working out the differences and forging a final budget compromise. The key negotiating points heading for the [...]

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2016 Legislature…Budget Update, Senate Version

Senate Passes Budget After 54 legislative days, all three versions of the state’s next two-year spending plan have been revealed. The Senate passed its version of the budget yesterday, just a week after the House. Here are the key provisions and differences with the Governor’s and House budgets: Budget Cuts – The Senate kept most all of the Governor’s proposed cuts to state government at 4.5% current year and 9% in FY17 and FY18. They maintained similar exemptions from the cuts [...]

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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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