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Commerce Lexington Inc JUNE 2010 Volume XVIII, Issue VI Check out Expedition Coverage Inside this Issue and Be Part of the On-line Conversation at http://loulex.ning.com Pittsburgh Expedition Builds Collaboration, Generates Ideas Coverage on Pages 3, 10 & 11 Photo by Bill Straus Photography INSIDE: Register Now for 2010 Golf Classic at Griffin Gate Marriott Resort & Spa | Page 7 www.CommerceLexington.com A PUBLICATION OF UPCOMING EVENTS: PRESENTED BY: PRESENTED BY: BUSINESS LINK sponsored by Crowne BUILDING RELATIONSHIPS & SALES Plaza - The Campbell House THROUGH NETWORKING Wednesday, June 16, 4:30 - 6:30 p.m. Wednesday, July 7, 8:30 a.m. - 4:00 p.m. Location: Crowne Plaza - The Campbell House Location: Commerce Lexington Inc. (330 (1375 South Broadway) - SEE PAGE 9 East Main Street) - SEE PAGE 8 BUSINESS FOCUS Business Focus is published once a month for a total of 12 issues per year by Commerce Lexington Inc., 330 East Main Street, Suite 100, Lexington, KY 40507. 2010 Chair of the Board: Kim Menke, Community Relations/ Government Relations BUSINESS FOCUS Toyota Motor Manufacturing, Kentucky, Inc. June 2010: Volume XVIII, Issue VI Publisher: Robert L. Quick, CCE, President & CEO Commerce Lexington Inc. INSIDE THIS ISSUE Editor: Mark E. Turner Communications Specialist: Elizabeth Bennett Printing: Post Printing LEADERSHIP EXPEDITION COVERAGE: Mail Service: MailPro Pittsburgh Expedition Coverage. 3, 10-11 Subscriptions are available for $12 and are included as a direct benefit of Commerce 2 ECONOMIC DEVELOPMENT: Lexington Inc. membership. Business Focus (USPS 012-337) periodical postage paid at Latest Company Announcements & Other News . 4-5 Lexington, Kentucky. Research Update: Lexington among Best Cities to Bank In. 5 POSTMASTER: Send address corrections to Business Focus, Commerce Lexington Inc., P.O. EVENTS: Box 1968, Lexington, KY 40588-1968. Purchase your tickets now for World Equestrian Games . 6 DISPLAY RATES 2010 GOLF CLASSIC REGISTRATION FORM . 7 For DISPLAY RATES in Business Focus, contact Dana Zinger at (859) 226-1607 or dzinger@ “Building Relationships & Sales Through Networking”. 8 CommerceLexington.com, and an account exec- utive will contact you. Next Business Link is June 16th at Crowne Plaza . 9 PERSONNEL UPDATES GET INVOLVED: Submit your company’s personnel changes or Leadership Lexington Arts & Quality of Life Day . 12 additions to mturner@Commerce Lexington.com by June 10th for the July 2010 AMBASSADOR SPOTLIGHT: Dell Link, Key Technology . 12 issue. Personnel news might include promo- tions, additions, awards and milestones, recog- 2010-11 Leadership Central Ky. Applications due June 30. 13 nitions and certifications and/or appointments. Information is published only as space permits. Welcome New Commerce Lexington Inc. Members. 14 PERSONNEL ANNOUNCEMENTS . 15 CONTACT US For questions or comments about Business Focus, contact Mark E. Turner at (859) 226-1606 or [email protected] or Liz Bennett at (859) 226-1615 or lbennett@ CommerceLexington.com. JUNE 2010 BUSINESS FOCUS Pittsburgh Leadership Expedition Builds Collaboration, Generates Ideas --> Top to bottom: Louisville Mayor Jerry Abramson, Lexington BY: PRESENTED Mayor Jim Newberry, and Pittsburgh Mayor Luke Ravenstahl addressed the Expedition group during May 10th sessions at Heinz Field. (Photos by Bill Straus Photography) During the 2010 Leadership Expedition presented by CHASE and E.ON-U.S., nearly 325 business professionals, entrepre- neurs, elected officials, education and community leaders from Lexington and Louisville spent three days in Pittsburgh, Pennsylvania. The mission was two-pronged: 1. To study Pittsburgh’s economic resurgence and identify ways to improve and enhance our two cities; and 2. To build collaboration PLATINUM SPONSORS: between Lexington and Louisville and find ways to work togeth- Babbage Cofounder er more. Crowe Horwath DAY ONE: EQT Corporation Lexington and Louisville participants began the opening day Frost Brown Todd LLC in Pittsburgh with a riverboat ride on the Gateway Clipper (cover Greenebaum Doll & McDonald PLLC photo) before heading to Heinz Field, home of the NFL’s Kentucky American Water Pittsburgh Steelers, to begin sessions. Dr. Paul Coomes, Louisville Water Company Professor of Economics from the University of Louisville, set the Louisville Water Company stage by comparing and contrasting Pittsburgh, Louisville, and Stites & Harbison, PLLC Lexington. Stoll Keenon Ogden PLLC The group then heard from Louisville Mayor Jerry Abramson, U.S. Bank Lexington Mayor Jim Newberry, and Pittsburgh Mayor Luke Ravenstahl, followed by a presentation about the economic transformation of Pittsburgh by Dennis Yablonsky and Bill Flanagan of The Allegheny Conference. GOLD SPONSORS: Next up was an overview of The Pittsburgh Cultural Trust, Brown-Forman which helps support and promote the downtown Cultural District, from Kevin McMahon. The opening day concluded with Central Bank & Trust Co. a star-studded panel discussion on higher education that includ- 3 Dean, Dorton & Ford, PSC ed UK President Dr. Lee Todd, Jr., UL President Dr. James Mountjoy Chilton Medley Ramsey, Carnegie Mellon University President Dr. Jared Cohon, Steptoe & Johnson and University of Pittsburgh Chancellor Mark Nordenberg. More Coverage of the 2010 Leadership Expedition on Pages 10-11 of this issue. Many more photos and conversation located at http://loulex.ning.com JUNE 2010 BUSINESS FOCUS A Collaborative Effort of the Bluegrass Business Development Partnership (BBDP): SUBMITTED BY: Gina Greathouse & Kimberly Solsbury, Commerce Lexington Inc. Economic Development Division Governor’s Office, UK, Commerce Lexington Inc. announce Galmont Consulting to locate Software Testing Facility in Lexington DEVELOPMENT Gov. Steve Beshear recently joined community officials and compa- ny representatives from Galmont Consulting on the University of Kentucky campus in Lexington to announce the location of a new soft- ware testing center. Galmont Consulting will hire 90 new, full-time employees in Lexington and plans to form a partnership with the UK's College of Engineering to hire and train computer science graduates. "Galmont Consulting will be an excellent addition to Lexington's cor- porate landscape, bringing 90 new engineering jobs and a $1.3 million ECONOMIC investment," said Gov. Beshear. "These employment opportunities will also help open the door for our recent graduates from the University of Kentucky's College of Engineering. It's a win-win for everyone." The company plans to locate its new testing center within a 4,000 square-foot facility, located at 108 Esplanade, which offers room for growth. The project represents a $1.3 million investment in the Commonwealth. Average annual wages for the new employees will range from $44,000 to $46,000, exclusive of benefits. Hiring is expect- ed to begin this summer. "We are currently seeing a big swing back in the direction of compa- Left to Right: John Holtrup, Galmont Consulting, Paul Cassell, New York nies trying to bring some of their outsourced testing activities back to the 4 Stock Exchange, Jeri Smith, president and founder of Galmont U.S.," said Jeri Smith, president of Galmont Consulting. "Lexington's Consulting, and Kentucky Governor Steve Beshear on May 14th on the close proximity to our headquarters, as well as the volume of quality UK campus prior to the announcement that the company would locate computer science graduates from the University of Kentucky and other a software testing center in downtown Lexington. (Photo by John Perkins area colleges, will help Galmont better serve our global clientele." | Kentucky Office of Creative Services) Headquartered in Chicago, Ill., Galmont Consulting provides soft- ware engineering and testing for a variety of clients, including many Fortune 500 companies in the insurance, healthcare and financial indus- tries. "Once again, the brainpower at the University of Kentucky is attract- ing high-tech jobs to our city," said Lexington Mayor Jim Newberry. "This is more evidence that our economic development strategy, partnering Hear from Kentucky Governor Steve Beshear with UK and the private sector and focusing on the horse, health care and Galmont president and founder Jeri Smith and high-tech sectors, is moving Lexington forward. With today's announcement and others, our partnership has now attracted over at the Commerce Lexington YouTube Channel. 2,400 jobs." "Lexington is proud to welcome Galmont Consulting to our growing www.youtube.com/commlexingtonky technology sector," said Bob Quick, president and CEO of Commerce Lexington. "Galmont has the potential to grow very quickly and create many high-paying jobs. Galmont's decision to invest in Lexington is a true testament to our quality of life, low cost of doing business, and strong private and public partnerships." By The Numbers: Year-To-Date Conversations are ongoing between Galmont Consulting and the UK So far in 2010, Commerce Lexington Inc.'s College of Engineering to form a partnership that will help identify grad- Economic Development Division responded to calls uating computer science students that could work for the company, test- from the following: ing and delivering software to its global clientele. A co-op program is also being discussed. New Business: 45 new prospects interested in find- "We are excited to welcome Galmont Consulting to the Bluegrass," ing a new location or expanding operations. said UK President Dr. Lee T. Todd Jr. "They are bringing the type of cre- Existing Clients & Local Entrepreneurial Companies:
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