Business

Business
9:13 am
Wed September 4, 2013

Kemmerich will Not Develop in Murray

Kemmerich Engineering German auto parts manufacturer has announced it will no longer develop a plant in Murray.

Economic Development Corporation C-E-O Mark Manning announced today that disagreements over the feasible cost of the project resulted in Kemmerich leaving the negotiation table and seeking other options elsewhere. 

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Business
4:57 pm
Fri August 30, 2013

Policy Solutions Around the Growing Workforce Needs of Manufacturers

Greg Higdon, President & CEO of Kentucky Association of Manufacturers
Credit kam.us.com

Former Kentucky State Senator Greg Higdon, now President and CEO of the Kentucky Association of Manufacturers, seeks policy solutions around the growing workforce needs of manufacturers. These needs include recruiting more students into workforce development programs; developing a curriculum spanning secondary and postsecondary education to produce a more work-ready adult graduating and more. The Fancy Farm native’s career trajectory has put him in Frankfort for work, but Higdon returns to western Kentucky each weekend and he visits Kate on Sounds Good to talk about his latest progress.

Business
7:20 am
Fri August 30, 2013

PADD Starts Micro Loan Program

Area businesses should find it easier to receive small loans as the Purchase Area Development District announces a new Small Business Administration loan program. The Microloan Fund gives between $1,000 and $50,000. The program is designed to help small, local or emerging businesses in rural areas who need assistance in purchasing equipment, or require capital in the Purchase Area.

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Business
4:53 pm
Thu August 29, 2013

Paducah Bank Names New President

Credit Paducah Bank

Paducah Bank has named Mardie Herndon Jr. as the bank’s new president and COO.  Herndon succeeds Wally Bateman who is leaving the post after 20 years in the position. Bateman will remain as a director and officer for the bank.

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Business
2:36 pm
Thu August 29, 2013

Hopkinsville Manufacturer to Expand Operations

A company that aims to manufacture steel tubes for the energy industry is expanding its operations and employment in Hopkinsville.

PTC Seamless Tube Corp. announced Thursday that it plans to create nearly 300 jobs and invest over $100 million in a new manufacturing facility. 

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Hospital
2:26 pm
Wed August 28, 2013

Three West Kentucky Hospitals Name New Presidents

Credit Wikimedia Commons

Three West Kentucky Hospitals have named new CEO's this week.

William Brown will lead Baptist Health Paducah, Michael Baumgartner will lead Baptist Health Madisonville and Phillip Patterson will head the Owensboro Health Hospital.  Brown will also assume the newly created title of West Regional Executive to oversee operations of both the Paducah and Madisonville Baptist health campuses.  

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Hospital
10:04 am
Wed August 28, 2013

Baptist Health Madisonville Names New President

Credit Baptist Health Madisonville

Michael Baumgartner is the new president of Baptist Health Madisonville. Baumgartner currently serves as president of St. Francis Medical Center in Shakopee, Minnesota and has 37-years of healthcare related experience.  Current President Bert Whitaker announced his retirement in April after seven years with the hospital. Baptist Health is the largest not-for-profit healthcare system in Kentucky. Baumgartner will start his new position once Whitaker retires September 23rd.

Business
6:44 am
Wed August 28, 2013

U of L Issues Demands After Norton Announcement

The University of Louisville has issued a list of demands for Norton Healthcare over the company's decision to jointly operate Kosair Children's Hospital with the University of Kentucky. U of L argues that Norton has violated an agreement by allowing the partnership, and Attorney General Jack Conway is expected to release an opinion soon.

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Business
4:36 pm
Tue August 27, 2013

KY Chamber Rep on what the Affordable Care Act Means for Businesses

An overview of how the Patient Protection and Affordable Care Act will affect you and your business is on the horizon for attendees of this Thursday's Business@Breakfast of the Murray Calloway County Chamber of Commerce and Murray State's Town & Gown office. It starts at 7:30 a.m. in MSU's Curris Center Ballroom. The Kentucky Chamber of Commerce presentation includes several online and in-person resource options. Its Manager of Public Affairs, Ashli Watts, brings the program. The Campbellsville University and University of Louisville graduate worked at the Kentucky Bar Association and the LRC before joining the chamber last year. Kate Lochte has the interview.

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Business
7:10 am
Tue August 27, 2013

Comer Reacts To UK Hemp Study

Credit KY Department of Agriculture

Kentucky's agriculture commissioner says the economic case for industrial hemp remains strong, despite a new study that paints a mixed picture.

James Comer says he still has high hopes for the crop, following the  release of the University of Kentucky study that says the legalization of hemp wouldn't immediately produce the thousands of jobs some
supporters have predicted.

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