10 Things I Think You Should Know For Feb. 2

1) Amazing and gratifying announcements about the support for I-69 and the I-65 Spur in Gov. Matt Bevin's draft road plan. Now comes the fun part for the Western Kentucky Caucus: defending those allocations from tampering by their colleagues from the other parts of the state as the plan is debated and eventually finalized before the end of the current General Assembly session. 


2) Gov. Bevin and Kentucky Senate President Robert Stivers will be among the featured speaks at West Kentucky Thank You Night, set for 5 to 7 p.m. EST on Feb. 11 at the Frankfort Convention Center. All are welcome to this free event that will include a BBQ dinner and a cash bar. Come meet legislators from around the state. If you want to make a whole day of it, Kyndle is planning transportation up and back, lunch, a Capitol tour and more for just $30. RSVP info is here. Thanks to Air Hydro Power and Pittsburgh Tank & Tower for sponsoring the outing. Also thank you to Stoll, Keenon Ogden, the City of Henderson, Henderson County Fiscal Court and BridgeLink for sponsoring the the big reception. See you there!

3) Very proud to announce Tuesday that Polymeric Resource Corp., parent company to Custom Resins in Henderson County, has decided to expand local operations by 40 employees and invest more than $12 million in the facility here to accommodate the growth. Kyndle, in partnership with Henderson County Fiscal Court and the Kentucky State Economic Development Cabinet, worked for several years to help bring this project to fruition. According to our in-house calculations, this expansion will have a local economic impact of $30 million a year over the next five years. That's primary jobs created, secondary jobs created to support the expansion, primary and secondary property taxes, etc.    

4) A McLean County bank recently got a new name

5) A mine contracting firm just moved to Clay. 

6) The unemployment rate has ticked up a bit in Kyndle counties. The good news is there are plenty of job openings in the region.  
 
7) Eastern Kentuckians are leading the charge for this bill that would level the economic development playing field for coal companies, but it will help coal firms in Kyndle Country, too. 

8) I'll be traveling Friday to Anaheim, Calif., to attend MD&M West, a very large medical equipment design and manufacturing trade show in an attempt to make contact with companies looking to move or expand their manufacturing operations. I'll be there with Kentucky Utilities, which has bought a booth. Several representatives from local economic development organizations in Kentucky will be there as well. Doing these sorts of shows in teams helps us more effectively spread the word that Kentucky is a great place for high-tech manufacturing. 

9) In case you haven't heard about it, the Kentucky Chamber of Commerce commissioned University of Louisville economist Dr. Paul Coomes to examine the commonwealth's economy, identify trends and opportunities, and report back. Coomes has done that and the study is very interesting. A summary with a link to the final report for 2015 is here.   

10) Lots of great Kyndle events coming up. Check out the calendar.   


The 10 Things Business Spotlight shines this week on Orthopaedic Associates and Audubon Metals.

Kyndle would like to thank The Gleaner and Union County First for the use of images throughout this site.