Driving Advanced Manufacturing Toyota Powering Central Kentucky’S Push to Develop Global Economic Reputation

of Central Kentucky 2012-2013

Driving Advanced Manufacturing Toyota powering Central Kentucky’s push to develop global economic reputation

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MarketReviewCover.indd 1 8/29/12 1:21 PM MarketReviewCover.indd 2 8/29/12 1:21 PM 2011 MRBG 83-104.qk:2004 Market Review 1-24.qk 8/31/11 12:45 PM Page 99

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2012 MRBG 21-52.indd 21 8/29/12 2:05 PM EQUINE INDUSTRY Horses Are Big Business Diversified horse industry is a significant economic engine for Kentucky

HROUGHOUT Central Kentucky, famous horses and famous horse Tfarms – and other things horsey – are commemorated in the names of streets, businesses, shopping areas, neighborhoods, festivals, churches, sports teams and more. Lexington is called the Horse Capital of the World because of this signature industry, which, combined with breathtaking countryside, makes it different from every other city around the globe. Horses of many breeds and disciplines represent a multibillion-dollar industry in the commonwealth that provides jobs – for those with modest educational backgrounds to those with post-graduate training – that support the industry at every level. The region is home to hundreds of scenic, well-maintained farms where horses receive only the best, as well as to cutting-edge veterinary hospitals, rehabilitation centers and research facilities that pursue the latest advances in equine medicine, training and care. Central Kentucky companies produce and supply horse feed and all Above: Three Chimneys Farm near Midway is sorts of tack and equipment. Racetracks, among the Thoroughbred farms in the region that conduct business with people from around the sales companies, competition facilities world and schedule regular tours to introduce the and equine-related businesses around public to the industry. Lexington attract industry professionals and horse lovers from around the Right: The Rolex Kentucky Three-Day Event at the Kentucky Horse Park is one of the most popular nation and the world who spend money equestrian competitions in Central Kentucky. on horses not to mention on hotels, restaurants, shops and more. Kentucky’s horse industry has a jobs and has an $8.8 billion economic $4 billion economic impact, generates impact on Kentucky’s tourism industry. as many as 100,000 direct and indirect This is according to the Kentucky Equine

Staff photo Education Project, which works to educate the public and elected officials about the benefits of the industry to the state’s economy. and 19th centuries who brought with A showcase for the horse industry on them the tradition and love of breeding the outskirts of Lexington is the Kentucky and racing horses. Those horses grew Horse Park, which bills itself as “The strong from eating the grass enriched by Heart of the Horse Capital of the World” the massive limestone filtration system. and is featured in a special section within Because of the hint of blue in the grass in this publication. springtime, early settlers began to call the So why all this horse business in region “The Bluegrass.” Central Kentucky? In 1850, the Thoroughbred that secured Bluegrass prominence was born. Limestone foundation After a successful racing career (during The answer has been years in the making. which he was renamed to represent Just below the surface of the region’s rolling his hometown), Lexington became the hills is an ancient limestone shelf that acts leading sire of racehorses every year Buyers inspect a horse for sale at Keeneland, as a natural filter. That was invaluable to from 1861-1875 (his grandson Aristides the world’s largest Thoroughbred auction house. many new residents in the area in the 18th won the first Kentucky Derby in 1875),

22 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 22 8/29/12 2:05 PM UNIVERSITY OF KENTUCKY GLUCK EQUINE RESEARCH FOUNDATION 108 Gluck Equine Research Center and twice headed the list posthumously. Lexington, KY 40546-0099 (859) 218-1089 His record of 16 years as leading sire of ca.uky.edu/gluck racehorses still stands today.

The University of Kentucky Thoroughbred center Maxwell H. Gluck Equine Rood & Riddle Equine Research Center, a UK Ag The Bluegrass has been world famous for Hospital and other facilities Equine Program, is the only Thoroughbreds since the days of Lexington, in the region offer state- scientific institute in the the horse. Lexington the city is a sister city of-the-art healthcare for all breeds of horses. United States with nearly all with Deauville, France; County Kildare, faculty conducting full-time research in equine health and Ireland; Shinhidaka, Japan; and Newmarket, Dr. Mats diseases. England – areas that share the tradition of important program,” said Nick Nicholson, Troedsson, Construction began on Thoroughbred breeding and racing. who retired as Keeneland President on Director, UK the 81,000 square foot facility Nowhere is the Thoroughbred more Sept. 1 after nearly 13 years in the post. Maxwell H. in 1986 and was completed “The Tiffany craftsmen have created a Gluck Equine in 1987. The center is named celebrated than at Keeneland Race Course, Research af ter the late Maxwell H. which celebrated its 75th anniversary in superior design that truly reflects the Tiffany Center Gluck, owner of Elmendorf 2011. Keeneland offers boutique racing elegance and Keeneland tradition. Plus, it Farm in Lexington. Maxwell seasons in April and October and holds four is very satisfying to do business with one of Gluck and his wife, Muriel, gen erously donated Lexington’s newest employers.” $3 million to the University of Kentucky in 1983 annual horse sales that attract buyers from for construction of the research facility on the around the world who spend millions of Following is a sample of everything condition the gift be matched by $3 million from dollars on racing and breeding stock. equine in the Bluegrass. All are in the state and $3 million from members of the In early 2012, Keeneland partnered Lexington unless indicated. (Please horse industry. see the Kentucky Horse Park special The mission of the Gluck Center with another famous name, Tiffany & is scientific discov ery, education and Co., which has a new manufacturing section for information about events and dissemination of knowledge for the benefit of facility in Lexington. Tiffany now organizations located there.) the health and well-being of horses. provides unique pieces that are part of Today, the Gluck Center faculty conducts ATTRACTIONS & EVENTS equine research in six targeted areas: genetics and Keeneland’s signature trophy program. genomics, infectious diseases and immunology, “Tiffany is regarded as the finest trophy Fasig-Tipton musculoskeletal science, parasitology, maker in the world, and we are honored to Thoroughbred, Standardbred sales pharmacology/toxicology and reproductive health. partner with such an iconic brand on this fasigtipton.com

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Festival of the Horse Parades, entertainment Georgetown festivalofthehorse.org Keeneland Thoroughbred racing, sales keeneland.com Keeneland Library Collection of racing archives keeneland.com Lexington Junior League Charity Horse Show Historic Saddlebred event lexjrleague.com The Red Mile Keeneland photos Harness racing Tiffany & Co. is the official provider of trophies Lexington award to the winners of Keeneland’s most theredmile.com prestigious races during its boutique racing Secretariat Festival seasons in the spring and fall. Celebrates legendary Thoroughbred Paris secretariat.com/fan-club/2012-secretariat-festival Midway College Equine Studies Midway midway.edu/academic-programs/equine EDUCATION North American Racing Academy Asbury College Equine Studies Equine workforce education Wilmore nara.kctcs.edu asbury.edu/academics/departments/hper/ equine-center The Race For Education College scholarships Georgetown College Equine racingscholarships.com Scholars Program Georgetown University of Kentucky The Horse: Your Guide to Equine Health georgetowncollege.edu/equinescholars/ Ag Equine Programs thehorse.com www2.ca.uky.edu/equine/ Kentucky Equine Management HorseChannel.com Internship Program Horse Illustrated EQUINE RESCUE & ADOPTION kemi.org horsechannel.com Kentucky Equine Humane Center Kentucky Horseshoeing School The Horseman & Fair World Nicholasville – kyehc.org Richmond harnessracing.com kentuckyhorseshoeingschool.com Horse Radio Network HEADQUARTERS & ORGANIZATIONS horseradionetwork.com Association of Racing Horse Racing Radio Network Commissioners International horseracingradio.net arci.com KEENELAND Keeneland Magazine Breeders’ Cup Ltd. 4201 Versailles Road keenelandmagazine.com Lexington, KY 40588 Thoroughbred racing program The Paulick Report (859) 254-3412 breederscup.com paulickreport.com keeneland.com The Jockey Club Thoroughbred registry, affiliated companies Thoroughbred Times Keeneland will jockeyclub.com thoroughbredtimes.com mark a milestone Jockeys’ Guild Young Rider this fall as President Jockey representation youngrider.com and CEO Nick jockeysguild.com Nicholson retires RESEARCH following nearly 13 National Horsemen’s Benevolent years at the helm and Protective Association Maxwell H. Gluck Equine and Bill Thomason, Thoroughbred trainers representation Research Center Nick Nicholson and currently Vice nationalhbpa.org University of Kentucky Bill Thomason, Keeneland President and National Thoroughbred ca.uky.edu/gluck/ Chief Financial Racing Association Ofﬁcer, becomes Keeneland’s seventh president. League office for Thoroughbred racing VETERINARY CLINICS During Nicholson’s tenure, highlighted by the ntra.com Hagyard Equine Medical Institute 2011 celebration of the track’s 75th anniversary, Race Track Chaplaincy of America hagyard.com Keeneland strengthened its leadership position rtcanational.org in the Thoroughbred industry and established Lexington Equine Surgery records in auction sales and in attendance Thoroughbred Owners & Sports Medicine and wagering during its April and October and Breeders Association lexingtonequine.com toba.org race meetings. Park Equine Hospital Nicholson, citing Thomason’s knowledge parkequinehospital.com of both the ﬁnancial and equine sectors of the MEDIA industry following 28 years with Mill Ridge Rood & Riddle Equine Hospital The Blood-Horse roodandriddle.com Farm, described his successor as “uniquely bloodhorse.com poised” to lead Keeneland during this vitally Woodford Equine Hospital important time for Thoroughbred racing. Daily Racing Form Versailles – woodfordequine.com l drf.com

24 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 24 8/29/12 2:05 PM RESEARCH, INNOVATION & COMMERCIALIZATION Winning Collaboration UK, Minova develop quick-curing concrete for mining and infrastructure disaster recovery

MAGINE a tragedy where an act of Engineers can use Tekcrete terror damages a building, runway, Fast to immediately stabilize Itunnel, bridge or dam. Now imagine damaged structures. The a quick-curing concrete that can be high-strength, quick-setting sprayed to reinforce the structure concrete achieves set and structural strength in minutes. almost immediately, before it fails catastrophically, providing safety for rescue workers, who risk their lives minutes after disasters hit. A technology developed at the University of Kentucky Center for Applied Energy Research (CAER) and Minova North America headquartered in Georgetown, Ky., does just that. The products, called Tekcrete Fast and Tekcrete Fast M (with a specific application for mining safety), have been licensed by Minova, and can be used by engineers to immediately stabilize damaged structures. It is a high-strength, quick-setting concrete that achieves “This is a great example of how a said UK President Eli Capilouto. set and structural strength in minutes. modern research university engages in “Lending our intellectual capital and Minova has licensed the technology for the economic development process by scientific expertise, in partnership with application in the underground mining, bringing transformative research and industry leaders such as civil and tunneling industries as well. advanced technology to the marketplace,” Minova, is a vital element of the Kentucky Promise. This collaboration yields Lab Sets Energy Standard, Promotes Research innovations that advance HE UK Center for Applied Energy Research (CAER) dedicated a new laboratory building in August Kentucky’s economy and 2012 that sets the standard in energy efficiency and follows the center’s mission to investigate energy impacts critical national Eli Capilouto, Ttechnologies to improve the environment. policy initiatives.” UK President The 43,000-s.f. building was funded by a stimulus grant of $11.8 million from the National Institute of Standards and Technology, matched with $3.5 million from the Commonwealth of Kentucky and $1.9 Minova North America million from UK. An additional award of $3.5 million in state stimulus funds, from the Department of Energy is a part of Minova International, a Development and Independence, allowed the project to seek Leadership in Energy and Environmental company that provides mechanical, Design (LEED) Gold certification. structural and chemical-based solutions The new lab features two energy recovery wheels that capture the heat in air exiting the building and return it to air entering the building. This significantly reduces heating and cooling costs. A closed-loop water for underground mining, infrastructure, system, tied to geothermal wells under the parking lot, recycles the water used to cool scientific equipment. tunneling and civil engineering Visitors can use touch-screen displays to see the efficiency of these new technologies, compared to applications. the energy usage of the 1970s-era lab building next door. Large interior windows allow visitors to see “Collaborations such as this are CAER scientists working on biofuels, solar devices and batteries. The new facility houses a biofuels laboratory, funded by important for translating technologies from the Congressionally directed Kentucky Biofuels Program, the laboratory bench to the marketplace,” to test fuel quality and develop new processes and new said Waverly McFarland, vice president biofuel products. The facility houses a photovoltaic and

Lee P. Thomas Photography marketing of Minova North America. thermo-electric laboratory to develop materials and devices that convert sunlight into electricity. The building also The research and joint patent leading provides the Kentucky-Argonne Battery Manufacturing to the Minova license began in 2009 when Research & Development Center with specialized clean CAER partnered with Minova on a project rooms and ﬁre-proof bunkers for battery manufacturing, production and testing. for the U.S. Department of Homeland “The U.S. has traditionally been very strong in Security, Science & Technology Directorate. developing new materials for energy storage,” said CAER This ongoing development and deployment Director Rodney Andrews. “Where we have not been project for the structural stabilization of The new CAER lab building features competitive is in manufacturing those devices. We’re shock-damaged structures is managed a specialized dry lab, which operates very concerned that we may be replacing dependence on at 0.5 percent relative humidity. This is petroleum for dependence on batteries that we get from by the National Institute for Hometown critical for lithium-ion battery production, other countries. So the idea is: How do we go after that Security in Somerset, Ky. because lithium can react violently with manufacturing capability? This building is a ﬁrst step in Why would CAER, a center that water in the air. lowering manufacturing costs on the next generation of batteries and solar cells that will power our nation.” principally performs energy research, develop a national security project?

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According to associate director and Coldstream Surpasses 2,000 Employees principal investigator Tom Robl, “This project and One Million Square Feet takes advantage of The Coldstream Research Campus serves COLDSTREAM QUICK FACTS expertise developed in as a gateway to downtown Lexington and • Zoning created in 1992 Tom Robl, nontraditional (i.e. non- UK. The 735-acre hub of innovation and Associate • 61 companies Portland) cement systems creativity is the location of choice for locally Director • 1,372 employees and Principal at the UK CAER stemming grown research and development companies Investigator, from work with coal and contributes to the city of Lexington’s • $62 million annual payroll CAER combustion byproducts. vibrant entrepreneurial community, educated • $685,000 in property taxes Also critical has been a workforce, low cost of living and high quality • 735 acres, including 225-acre city park long-standing collaboration between of life. • 16 buildings, including 4 owned by UK researchers at Minova and CAER. These Coldstream is home to 61 companies, • 850,000 out of 984,000 s.f. occupied two factors allowed us to work together many with ties to UK, and nearly 1,400 • 330,000 s.f. under development to develop solutions for these problems employees working in biotechnology, • 86.1% of available space occupied that are unique.” pharmaceuticals, equine health, and a variety • Core industry sectors at Coldstream: And the collaborations aren’t just of other business sectors. Some are graduates — Agricultural biotechnology happening in Kentucky. of ASTeCC, UK’s high-tech business incubator; — Drug discovery and delivery “A lot of test work we did took place — Engineering technology others have licensed UK intellectual property — Equine research/animal science in Scotland with the Concrete Technology or are clients of the Von Allmen Center for — Pharmaceutical manufacturing Unit at the University of Dundee,” said Entrepreneurship. — Software/IT Robl. “They were very instrumental in Coldstream is the new home to helping and guiding us with some of the international headquarters for A&W Restaurants and Tempur-Pedic. Another research testing and project formulations.” significant construction project is the $129 million Eastern State Hospital, CAER also has the largest program which will provide a modern setting for inpatient psychiatric treatment. With the in the U.S. looking at the use of coal completion of these facilities, Coldstream will include 20 buildings consisting of combustion byproducts. 1.31 million s.f. and 2,100 employees. “The program is really UKColdstream.com important to the state of Kentucky because there is not a federal program OLLOWING are other examples of which will fund the center through that supports the use of research at UK in various colleges and 2016, is a testament to the legacy of the combustion byproducts,” healthcare-related areas. UK Sanders-Brown Center on Aging said Rodney Andrews, F Rodney and a confirmation of the quality of its Andrews, director of CAER. “This UK OFFICE OF THE VICE researchers and volunteers. Director, UK particular project, using PRESIDENT FOR RESEARCH Center for combustion byproducts James W. Tracy, Vice President for Research Gregory Jicha, Robert T. and Nyle Y. Applied Energy to develop this sort of Research research.uky.edu McCowan Alzheimer’s Research Chair cement, is a great example Gregory Jicha, an associate professor of of how we’re able to work UK’s research enterprise neurology, works in the Sanders-Brown with industries to develop things that is thriving. In fiscal year Center on Aging and is spearheading a meet their needs but at the same time 2012, grant and contract project called Telemedicine Assessment are reducing environmental hazards.” awards totaled $274.1 of Cognition in Rural Kentucky. The million, with $152.3 goal of the project is to adapt and validate About CAER million awarded by federal a standard set of questions developed The UK Center for Applied Energy Research James W. (CAER) investigates energy technologies agencies. UK’s investigators by the National Institute on Aging and Tracy, UK Vice to improve the environment. Researchers are successfully competing asked of every patient being screened for President for contribute to technically sound policies Research for funding to make Alzheimer’s for diagnosing early dementia related to fossil and renewable energy. basic science discoveries in the telemedicine setting. Jicha’s work is The CAER is a non-academic unit that is staffed by professional scientists and and then take that the first study in the nation to show that engineers, has extensive interactions with new knowledge from the lab to our telemedicine is just as effective as an in- faculty members and students, and provides community. Some examples of this person evaluation. analytical services for outside organizations. translational research include: Jicha is also involved in a spinal fluid CAER adds to the teaching and instruction arm of UK by educating students from pre- donation project. Scientists can test college to postgraduate levels and being Linda Van Eldik, Dr. E. Vernon Smith cerebral spinal fluid for altered proteins involved in labor force development for the and Eloise C. Smith Alzheimer’s associated with Alzheimer’s disease. commonwealth. Research Chair. These so-called biomarkers are a sign caer.uky.edu UK’s success in securing the $7 million of chemical changes in the brain long Alzheimer’s Disease Center renewal grant before a person develops the symptoms from the National Institute on Aging, of Alzheimer’s.

26 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 26 8/29/12 2:06 PM Philip Kern, Barnstable Brown The center’s funding supports essential Health, the Guggenheim and the National Kentucky Diabetes and Obesity Center infrastructure, including supporting Endowment for the Humanities. Endowed Chair the Clinical Research Development and College faculty helped attract nearly $42 Philip Kern, a professor of endocrinology Operations Center at the UK Albert million in grants in fiscal year 2011-12 and and molecular medicine, is director of the B. Chandler Hospital, where patients were responsible for more than $17 million Barnstable Brown Diabetes and Obesity participate in clinical research studies. It in grant support. They work with colleagues Center. Weight gain causes low-grade also will be used for educational programs across the university and around the world inflammation throughout our tissues, making for future investigators, for community to complete their varied investigations. us more resistant to the actions of insulin. engagement, and to fund research pilot Kern is partnering with Charlotte Peterson in grants and an informatics program. UK COLLEGE OF DENTISTRY the College of Health Sciences to understand CENTER FOR ORAL HEALTH the effects of exercise in maintaining insulin UK COLLEGE OF AGRICULTURE RESEARCH sensitivity and preventing diabetes. He is also Nancy M. Cox, Jeffrey L. Ebersole, Director looking at the anti-inflammatory benefit of Associate Dean for Research mc.uky.edu/cohr/default.htm omega 3 in fish oil. ca.uky.edu Kern leads the UK Center for Clinical The clear link between and Translational Science, which in 2011 The UK College of oral health and overall was awarded a $20 million grant. The Agriculture is home to health is a catalyst for center’s goal: Speed up the process of cutting-edge plant and many research initiatives taking discoveries made in the lab to animal science with of the UK College of patients in the doctor’s office. nationally recognized Dentistry Center for Oral leaders in alternative Dr. Jeffrey Health Research. Susanne Arnold, Rose Carol Shumate Nancy Cox, energy fields and L. Ebersole, The center Professor in Cancer Research Associate sustainable agriculture. Director, UK spearheaded the creation Dean for Center for Tobacco is the leading cause of lung cancer, Research, UK In 2011, the college Oral Health of the Kentucky Oral and research has shown that Appalachian College of received more than $32 Research Health Network as colon cancer patients had significantly Agriculture million in new grants and an infrastructure for higher amounts of arsenic, chromium and contracts, while research outreach and engagement, which has nickel than non-Appalachian patients. expenditures exceeded $83 million. developed partnerships with community Although trace amounts of metals are Inventors in the college are responsible health centers, local departments of necessary for the body’s normal functions, for two of UK’s top five revenue- public health, regional universities, prolonged exposure to trace elements has generating technologies. Head Start programs and public school been linked to several types of cancer, Start-up companies continue to sprout systems in over 50 counties to evaluate including lung cancer. from research conducted by the faculty, oral health and deliver preventive Susanne Arnold’s study is exploring post-doctorate and graduate students. and comprehensive dental services to this connection. The Kentucky native also Researchers and teachers also advise ag- children across the commonwealth. spearheads the Marty Driesler Cancer related companies outside the university Project, a partnership between the Markey environs. The Agricultural Technologies UK COLLEGE OF MEDICINE Cancer Center and community healthcare Commercialization Center, an incubator Frederick C. de Beer, M.D., Dean providers in the 5th District targeting early within the Kentucky Tobacco Research Vice President for Clinical Academic Affairs detection, prevention and treatment of lung, and Development Center, provides lab medicine.uky.edu liver and esophageal cancer. and office space for start-ups based on plant science and technologies. The productivity of the UK CENTER FOR CLINICAL AND UK College of Medicine TRANSLATIONAL SCIENCE UK COLLEGE OF has led to impressive Philip Kern, Director ARTS & SCIENCES gains in research funding. ccts.uky.edu/ Mark Kornbluh, Dean Grants and contracts in as.uky.edu the college amounted to The UK Center for Clinical Frederick more than $115 million and Translational Science Many UK research C. de Beer, in fiscal year 2011, is supported by a $20 professors are housed M.D., Dean, including $70 million UK College million grant awarded in the UK College of of Medicine, in National Institutes of in 2011 by the National Arts & Sciences, and Vice President Health funding. Coupled Institutes of Health to help the majority of their for Clinical with the UK Center for Philip Kern, move research discoveries research is supported Academic Clinical and Translational Affairs Director, UK to healthcare solutions Mark Kornbluh, by grants and contracts Science’s recent Clinical Center for Dean, UK Clinical and more quickly through from federal, state and and Translational Science translational science, a College of private funding agencies, Award from the NIH, the college is part Translational Arts & Sciences Science discipline charged with and from foundations, of a select national biomedical research helping research make the including the National Science consortium and putting UK on its way to translation “from the bench to the bedside.” Foundation, the National Institutes of becoming a top 20 research institution.

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UK COLLEGE OF DESIGN Michael Speaks, Dean uky.edu/Design

As 3-D printing becomes more widely available and affordable, architecture schools across the country are integrating this technology into Michael Speaks, the everyday workﬂow Dean, of undergraduate and UK College graduate digital design of Design and fabrication courses. The UK College of Design is performing complex studies of architectural forms and producing museum-quality physical representations of architectural designs. Faculty members are employing the technology to advance their research on topics such as furniture design and The main living area of the 1,000-s.f. modular house in Monticello, Ky., features energy-efficient GE kinetic facade development. appliances and locally sourced hardwood floors and cabinets. UK COLLEGE OF PHARMACY Houseboat Manufacturers Change Course Tim Tracy, Dean pharmacy.mc.uky.edu/ to Build Energy-Efficient, Affordable Housing

The UK College of Students and faculty in the UK College of Design are using research and work Pharmacy has a research in the classroom to provide low-cost, energy efficient housing options to faculty that ranks fourth Kentuckians while helping houseboat industry workers expand their skill set to out of 354 institutions in building houses on dry land. scholarly activity and is Houseboat to Energy Efficient Residences (HBEER) is a partnership between engaged in pharmaceutical the College of Design, the UK Center for Applied Energy Research, the Kentucky Tim Tracy, UK science research with Highlands Investment Corporation and the Kentucky Housing Corporation. The College of therapeutic targets such multi-year project has responded to the impact of the economic downturn on the Pharmacy as drug abuse, cancer houseboat manufacturing industry in Kentucky. More than 50 students and faculty at and cardiovascular disease. Research is UK School of Architecture researched and developed initial models of energy-efficient, supported through funding from the affordable housing to be produced by the region’s houseboat manufacturers. National Institutes of Health and other key HBEER has created green jobs and brought back to work some of the funding agencies and is often conducted 575 skilled workers and 1,000 related jobs that were lost in the houseboat in collaboration with researchers from manufacturing and marine industries due to the economy. When the partnership other UK disciplines as well as with began in 2009, Stardust Cruisers had 12 full-time employees and 12 contract researchers from other universities and the workers. As of January 2012, Stardust has 56 full-time employees, including pharmaceutical industry. six who are dedicated to the HBEER project. As a result of this project, Stardust also has improved the energy efficiency of its houseboats and is one of the few UK SANDERS-BROWN houseboat manufacturers exporting new products. CENTER ON AGING The next phase of the HBEER project includes a prototype for multifamily Linda Van Eldik, Director housing, classroom space for schools as an energy-efficient and more durable centeronaging.uky.edu alternative to portable classrooms, and medical clinic space. HBEER has received financing from the U.S. Department of Energy through The Sanders-Brown the Kentucky Department of Local Government and the Kentucky Energy and Center on Aging serves as Environment Cabinet, the U.S. Department of Agriculture, the Appalachian a resource for researchers Regional Commission, U.S. Department of Housing and Urban Development, the and clinicians dedicated U.S. Commerce Department’s Economic Development Administration, Rural Local to geriatric health. Faculty Initiatives Support Corporation and UK. members are involved in Linda Van major research programs Eldik, Director, on Alzheimer’s and other dementia. The ultimate goal of the In 2011, the center received more Sanders-Brown age-related brain diseases, center’s work is to more effectively than $7 million in funding from the Center on translate research findings into National Institute on Aging, a division Aging focusing on understanding the mechanisms involved information and interventions to directly in development and progression of benefit older adults. Continued on page 30

28 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 28 8/29/12 2:06 PM 2012 MRBG 21-52.indd 29 8/29/12 2:06 PM RESEARCH, INNOVATION & COMMERCIALIZATION

Engineering Innovation Helps Autistic Children Learn

Sen-Ching “Samson” Cheung is an associate professor in the UK College of Engineering’s Department of Electrical and Computer Sen-Ching Engineering and a “Samson” faculty member within Cheung, Associate the UK Center for Professor, the Visualization and Virtual UK College of Environments. Most of Engineering’s his research has been in Department the area of multimedia of Electrical and Computer information analysis, but Engineering his work recently became photo and Virtual Environments UK Center for Visualization much more personal. Cheung and his wife’s son was diagnosed with autism spectrum disorder a few years ago, and Cheung needed Dr. Cheung and doctoral student Ju Shen to ﬁnd an effective way to help his son interact with the virtual mirror system. learn. A common therapy for children with autism is to have them watch videos of other children performing the skills child performing the actions he needs “Developing something new that they need to learn for themselves, but to learn (speaking, sitting still, social will help autistic children is incredibly autistic children do not typically respond interactions with others, etc.). Through rewarding for me,” he said. “I am taking well to those videos. However, recent seeing the instant visual feedback from my background and expertise and research says they can relate to their own the virtual mirror, Cheung hopes the connecting them to something I have a face and have little problems recognizing technology helps autistic children like personal stake in seeing succeed. It’s for it in a mirror. his son better concentrate on behavioral our child and also for countless other This gave Cheung the idea to learning and generalizing abstract parents of autistic children who need help. develop a virtual mirror, where a concepts to daily life. Not many professors get to come to work child will be able to look at himself Cheung is conducting preliminary as personally invested in their research as on a large computer display. As he stages of his research in UK’s new Davis I am, and as my graduate students – who looks at himself, the program takes Marksbury Building and is working with come to my house often and play with his image and virtually creates the others on campus. him – are.”

Continued from page 28 and international level for awards, and Kentucky and is nationally members often are on multidisciplinary recognized as a leader in of the National Institutes of Health, to research teams with colleagues in the advancing the treatment continue research and clinical initiatives colleges of Medicine, Pharmacy, Arts and prevention of geared toward treating Alzheimer’s & Sciences and Agriculture. They cardiovascular disease. disease. participate in research around the globe, Allied with the Gill such as China and Paris, and work with Susan S. Heart Institute is the UK COLLEGE OF ENGINEERING a wide variety of partners in industry. Smyth, Medical Dr. Sibu and Becky John Walz, Dean Director, UK Gill Heart Saha Cardiovascular Eric Grulke, Associate Dean for Research UK GILL HEART INSTITUTE Institute Research Center, where engr.uky.edu Susan S. Smyth, Chief and Medical Director many Gill physicians Mark Plunkett, Surgical Director pursue their research With over 300 ongoing ukhealthcare.uky.edu/Gillheart interests alongside basic research projects overseen and translational science by more than 130 UK SAHA CARDIOVASCULAR researchers. The center faculty members in eight RESEARCH CENTER also teaches and trains departments, the UK Alan Daughtery, Director Alan scientists of the future. College of Engineering SahaCVRC.uky.edu Daugherty, In the most recent John Waltz, directly impacts life Director, ﬁscal year, the center Dean, UK in Kentucky, the U.S. UK Saha The UK Linda and Jack Gill Heart Cardiovascular totaled $4.1 million in College of and the world. Faculty Engineering Institute is at the forefront in the battle Research funding from the National compete on the national against heart disease and stroke in Center Institute of Health,

30 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 30 8/29/12 2:06 PM $321,000 in American Heart Association clinical trials and increased community awards, $163,876 in American engagement, including volunteers, Diabetes Association awards and an patient advisory groups, and education additional $150,000 from other sources, and intervention programs for making it a powerhouse in the field of Kentuckians. The designation also cardiovascular research. Its faculty work provides a significant economic impact, on an array of research related to the funneling millions of dollars into the local prevention, diagnosis and treatment of economy through increased faculty and cardiovascular disease. staff recruitment, spin-offs from high-tech advances and new patient referrals. UK MARKEY CANCER CENTER Dr. Mark Evers, Director UK SPINAL CORD & BRAIN ukhealthcare.uky.edu/Markey INJURY RESEARCH CENTER James Geddes, Director The UK Lucille P. Markey mc.uky.edu/scobirc Cancer Center continues to push for better methods The UK Spinal Cord & of cancer screening and Brain Injury Research A major research and treatment facility, UK’s treatment to provide Center focuses on Markey Cancer Center is seeking a National accessible care for every discovering effective Cancer Institute cancer center designation. Dr. Mark Evers, cancer patient in Kentucky. treatments for the Director, UK In September 2012, estimated 11,000 Markey Cancer James Geddes, Center Markey will apply for Americans who suffer an official cancer center Director, UK spinal cord injuries each funded in excess of $20 million from Spinal Cord designation by the National Cancer & Brain Injury year and the 247,000 the National Institutes of Health, the Institute. Benefits of the designation Research Americans who are living Kentucky Spinal Cord and Head Injury include up to $1.5 million annually Center with spinal cord injuries. Research Trust, various foundations, and in funding, access to nationwide Research at the center is the pharmaceutical industry. l

2012 MRBG 21-52.indd 31 8/29/12 2:06 PM ADVANCED MANUFACTURING Driving Advanced Manufacturing Toyota powering Central Kentucky’s push to develop global economic reputation

BY MARK GREEN

DVANCED manufacturing, already a regional strength, is the Aeconomic sector best positioned in the near-term for new and existing business growth and job creation, Bluegrass region officials believe. Six additional business clusters present great promise for growth and recruiting efforts, according to a strategic analysis of the 17-county Bluegrass region’s existing assets, liabilities and goals. Those sectors match up both with local competitiveness advantages and with the region’s economic needs and vision for its future. The six area identified in an exhaustive process by highly regarded Angelou Economic of Austin, Texas, are: • Clean tech – fuel cells, biomass and clean coal technology • Software & IT – design and digital media, gaming and interactive media, tech support and data storage centers • Business & professional services – support for entrepreneurs and financial services • Visitor industries – cultural and sporting events, conventions and business Shaun Ring photo associations, and continuing education • Animal sciences – veterinary However, only the advanced The 2013 Avalon at the end of one of TMMK’s two assembly lines in Georgetown is the first services, training, breeding, research and manufacturing sector is anchored locally Toyota totally designed and engineered in North development by a global powerhouse like Toyota America and is the company’s most American- • Life sciences – biotechnology, Motor Manufacturing Kentucky. Its sourced vehicle ever at more than 90 percent. pharmaceutical R&D and manufacturing, 25-years presence continues to generate a medical device manufacturing, and regional ripple effect of “The Toyota Way” vehicle line, the next-generation of the full- regional healthcare services centers. expertise and best practices, which the size Avalon sedan. Joe Polimeni photo company happily shares freely. The 2013 Avalon is Toyota’s first vehicle With 7,000 employees and a total designed and engineered completely in plant investment topping $5.96 billion, North America where, in anticipation the 7.5 million-s.f. TMMK facilities in of a resurgence in sales, it is expanding Georgetown, Ky., are the largest North production. Toyota sent North American American operation for the world’s largest suppliers production forecasts calling for automaker. Moreover, the Japanese record numbers of vehicle rolling off its giant’s North American engineering and assembly lines in 2012, 2013 and 2014, operations center is only an hour north industry trade publication Automotive News in Erlanger, Ky., near the Cincinnati- reported in August. Covington International Airport. It’s a sharp rebound from 2011 when In August 2012, the company began a March earthquake-tsunami in Japan yet another expansion of the Georgetown disrupted global supply chains and even operation, this one a $30 million project took Georgetown out of production briefly. The 2013 Toyota Avalon designers (left to right) that will create another 80 full-time jobs In 2012 from Jan. 1 to Aug. 4, Toyota Mona Beattie, Benjamin Jimenez, Ian Cartabiano, and increase 4-cylinder engine production Miljan Jevremovic, Tadao Mori and Kevin Hunter assembled slightly more than 1 million pose with the vehicle at its debut during the 2012 to 500,000 annually. And in late summer, vehicles in North America compared to New York International Auto Show TMMK launched production of its latest 618,000 for the same period in 2011.

32 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 32 8/29/12 2:06 PM Toyota’s strategy now is to increasingly Lexington Produces source more vehicles and parts in North Recognition America, according to Automotive News. The TMMK-assembled Camry has been the 2012 most American-sourced of Toyota’s vehicles • #4 Lowest International Business Location to date, but the 2013 Avalon will reach 90 Costs in the U.S./Canada; KPMG LLP percent North American content. To supply and support the U.S. auto 2011 industry, Kentucky has 440 automotive- Louisville Mayor Greg Fischer (from left) with • #9 Best Places for Retirement; Forbes related manufacturers with 68,000 skilled Jim Host, initial chair of the Bluegrass Economic • #1 Top 10 Mid-Sized Counties; Fourth workers building car and truck parts, Advancement Movement’s steering committee, Economy components and systems. Many of those and Lexington Mayor Jim Gray. • 100 Best Communities for Young People; operations are located amid the scenic America’s Promise Alliance Bluegrass region, and approximately 100 With Toyota’s modern vehicle- • #25 America’s 50 Best Cities; BusinessWeek Kentucky manufacturers are part of the production base in Georgetown as one • #6 Best Value City; Kiplinger TMMK supply chain. cornerstone and Ford Motor • #4 Best Place for Business and Careers; Forbes Most prominent among Kentucky’s Co.’s two plants in Louisville • #6 Best City for College Graduates; The automotive suppliers is Hitachi, itself a as the other, the goal is to Daily Beast major Japanese industrial manufacturing develop the Bluegrass into • Top Ten Cities of The Future; FDi conglomerate, which has facilities in a brand the global business Intelligence Berea and Harrodsburg specializing in community likens to • #1 The Best Cities for Finding a Job; Forbes electronic system elements. Wil James, Germany – a region known Anticipating growth trends for vehicle President for premium production 2010 component demand, Hitachi recently Toyota Motor operations and with a • #2 The Best Cities for Education; launched electric engine production in Manufacturing skilled craftsmanship culture Parenting Magazine Kentucky Berea in Madison County and lithium- in which best practices • #3 Best Places to Retire; CNNMoney ion advanced battery production in organically cross-fertilize manufacturing • #5 The Best Cities for Families; Parenting Magazine Harrodsburg in Mercer County. facilities throughout the area. Ford is a worthy bookend to Toyota. • #5 The Best Markets for Single Family Home Investment; Wall Street Journal A Lexington-Louisville It recently reopened its 3.1 million-s.f. • #5 Top Medium-Sized U.S. Cities for global super region Louisville Assembly Plant after a $600 Entrepreneurs; Grasshopper Group Bluegrass region public and private leaders million reconstruction into what the • #5 Best Real Estate Market Buy; MSN Real have broader and longer-term perspective. company calls the “most ﬂexible vehicle Estate An advanced-manufacturing enhancement assembly facility in the world.” LAP • #6 Top Metros – Low Cost Manufacturing strategy with transformational potential was is capable of producing six different Centers; Business Facilities initiated in 2011 when the administrations vehicles simultaneously. It also can retool • #7 Percent of population over age 25 of Louisville Mayor Greg Fischer and a line for a new vehicle within weeks with an advanced degree among cities over Lexington Mayor Jim Gray announced plans rather than the months to respond to 250,000; U.S. Census 2009 ACS to merge in the eyes of the world into a changing market conditions. For now, the • #7 Best Cities In Terms of Business Costs; KPMG Competitive Alternatives single economic development super region. Ford Escape SUV being built there is so popular that second and third shifts have • #7 Top 10 Metros Quality of Life; Business The project is called the Bluegrass Economic Facilities Advancement Movement and is being been added to meet demand. • #7 Highest State Increase of directed by a steering committee of CEOs, Ford’s other Louisville facility, the 4.5 Entrepreneurial Activity; Kauffman university presidents and prominent leaders million-s.f. Kentucky Truck Plant, also Foundation from Lexington, Louisville and Frankfort. is about to get a $600 million advanced • #8 2010 Best-Performing Cities: Biggest TMMK President Wil James is a manufacturing rebuild. The $1.2 billion Gainers; Milken Institute member of the BEAM guidance panel, total investment at the two plants is a • #8 The Best Large Cities to Bank In; of course. dramatic outcome and vote of conﬁdence. gobankingrates.com • #9 The Best Places For Business And Careers; Forbes • #13 Percent of population over age 25 with at least a bachelor’s degree among cities over 250,000; U.S. Census 2009 ACS • #14 Best Mid-Sized Cities for Job Growth; New Geography • #41 Bike-Friendly Cities; Bicycle Magazine • Top 10 College Towns; RelocateAmerica.com

Left: Toyota Motor Manufacturing Kentucky in Georgetown today encompasses 7.5 million s.f. of facilities on 1,300 acres.

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2012 MRBG 21-52.indd 33 8/29/12 2:06 PM ADVANCED MANUFACTURING

In early 2009 at the depth of the global goals and a step-by-step process to achieve Toyota Motor Manufacturing economic crisis and recession Ford was them in the coming years. Kentucky Inc. (TMMK) considering a pullout from Louisville. Region and state officials already are Products: Camry, Camry Hybrid, Avalon, Venza, As it prepared in late 2012 to working on one issue they know will be 4-cylinder and V6 engines commence its makeover, KTP had more a concern. They are creating strategies to Annual Capacity: 500,000 vehicles than 3,800 employees assembling the ensure there are enough skilled workers Employment: 7,000 F-250 through F-550 truck lines, Super to meet their own growing economic Payroll: $441 million Duty pickups, and Ford Expedition and expectations as well as replace those who Facilities: 7.5 million s.f. on 1,300 acres Lincoln Navigator full-size SUVs. will be retiring. Total Investment: $5.96 billion Ford has not announced what a Meanwhile, Toyota team members President: Wil James revamped KTP’s future vehicle production are building hundreds of thousands of lineup or the impact on its workforce will vehicles a year in Scott County, including be. The rebuilt LAP’s addition of second the Camry family sedan, the best-selling relationships and partnerships it has in and third shifts has more than doubled its car in the United States the past 15 the public and private sector. full-time employee numbers to 4,500. years. The first American-made Camrys The Toyota Way’s “lean system” Together, Toyota and Ford and their began rolling off the line in Georgetown manufacturing process enjoys a strong scores of suppliers give the Lexington- in 1988, and in less than a decade in reputation. It is studied and taught around Louisville region one of the strongest 1997 car buyers were choosing it over the world. The company encourages advanced manufacturing workforces in the everything else on the market. adoption of its economical just-in-time nation to build upon. TMMK produces the Camry, the approach by others, both as a practice of Camry Hybrid, the full size Avalon and corporate citizenship and to improve the New York, Washington the Venza crossover on two assembly efficiency of potential supply chain partners. powers back BEAM lines, and makes 4-cylinder and The BEAM project has powerful backing V6 engines. Highly educated and from outside entities. The (New York There has been a sustained payoff technically adept Mayor Michael) Bloomberg Foundation is since Kentucky officials successfully The automaker collaborates with helping fund study, analysis and planning courted Toyota to the commonwealth’s Bluegrass region higher education entities by the Brookings Institution Metropolitan famed Thoroughbred horse country also. This has created strong programs Policy Program. The strategy-building in the mid-1980s. The company has for the partner schools, and it gives local effort goes aboveground in early 2013 invested, expanded and reinvested residents access to specialized training in when Brookings issues its assessment of many times. It’s been an ongoing the advanced-manufacturing skills and the combined regions’ assets and liabilities, vote of confidence in the region, its expertise that Toyota most values. along with a statement of specific BEAM workforce and the many support service It’s helped upgrade the technical expertise of a workforce that already has Lean Is the Way to Go long been billed as one of the best-educated Variety of companies reap benefits from UK Lean Systems Program in the nation. Lexington/Fayette County’s percentage of adults over age 25 with

Joseph Rey Au photo The UK Lean Systems Program, based in the UK College advanced degrees is in the top 10 in the of Engineering, has helped thousands of organizations increase efficiency, cut waste and improve leadership United States for communities of 250,000- by teaching a nine-phase lean implementation plus, according to U.S. Census statistics. sequence. Originally working with companies in the There are 10 local colleges and manufacturing sector, it soon became apparent that universities in the Bluegrass region and lean applies to almost any process: an assembly line, record keeping, patient handling, invoicing – there’s no as many more professional, technical, limit. That is when it branched into many other areas, specialty and proprietary post-secondary including UK HealthCare. In fact, faculty and staff from institutions and branch campuses. all over UK’s campus have had lean training. The largest is the University of Described by Business Excellence magazine as “perhaps the closest you can come to understanding lean as Toyota Kentucky, one of the nation’s major land- UK lean instructor Bill Cooper, right, sees it,” the lean program was developed as a university- grant entities and the state’s flagship coaches students during the program’s industry partnership initiated by simulated cylinder/regulator factory. university. An administrative emphasis TMMK in 1994. The intent of this on research the past decade has put the partnership was to explore, study and teach the workings of Toyota’s production system (TPS), also known as “lean systems.” The overall concept of a lean system is to increase school on a trajectory to enter the ranks operational efficiency through systematic waste elimination. Introduced in the early of the top 20 U.S. research universities 1990s, this “train the trainer” program has become known worldwide, and UK’s lean sometime soon after 2020. program has helped more than 2,000 companies nationally and internationally. In addition to major medical, life “While many others teach only the whys and whats of lean, our program teaches people how to apply true lean in a way they can immediately use in their Ken Kraefle, science and mining research programs, own processes,” said Ken Kreafle, director of the program. Director, UK’s many focused-curriculum programs To learn the basics of true lean, UK offers a certification series that teaches UK Lean include the Institute of Research students step by step how to facilitate a true lean implementation across any Systems business process. They are instructed by qualified and experienced UK faculty Program for Technology Development, an and former Toyota employees on how to apply lean meaningfully within their interdisciplinary entity with support from departments, while giving participants the confidence and ability to raise the important questions, Toyota dedicated to solving industry’s see the real problems, understand and avoid potential failure modes and, most importantly, help technical problems. IR4TD is a successor leadership understand its key role in this transformation process. to the Painting Technology Consortium

34 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 34 8/29/12 2:06 PM at UK, which joined academic researchers and industrial resources from Toyota to develop a new generation of energy- efficient, environmentally friendly painting technology, producing several U.S. patents. IR4TD also offers UK students access to training in Hitozukuri human resource theory for manufacturing workers. Hitozukuri emphasizes strong communications across generational lines and the importance of employees’ contributions to maintaining competitiveness through continuous improvement. Also, Bluegrass Community Technical College partnered with Toyota three years The University of Kentucky’s Center for Applied ago to create the Advanced Manufacturing Energy Research christened new $20.8 million Technician program whose participants laboratory facilities in August 2012. It includes work in Georgetown 24 hours a week and the Kentucky-Argonne Battery Manufacturing take educational courses 16 hours a week. Research & Development Center. BCTC students get paid while earning an University of Kentucky photo associate degree in Industrial Maintenance Technology, taking what Toyota has U.S. Department of Defense and others. located region’s advanced manufacturing identified as the most critical courses to Another important University of sector. Lexington is within overnight become a skilled advanced manufacturing Kentucky operation is its Center for delivery range of over half of the U.S. maintenance technician. Advanced Energy Research, which in market. Additionally, the UPS Worldport Students have an opportunity to learn August 2012 christened a new $20.8 and DHL’s “super hub,” two of the “lean” manufacturing principles and million laboratory building that will world’s largest international freight develop productive work behaviors that expand ongoing research into the region’s shipping centers, are each an hour away provide excellent self-development skills growing renewable energy industries. at the Louisville International Airport that are very attractive to employers. The These include biomass and biofuels, and the Cincinnati/Northern Kentucky multiskilled course work model includes electrochemical power sources (like International Airport in Hebron, Ky., electricity, fluid power, mechanics, capacitors and batteries), and distributed respectively. fabrication, troubleshooting, problem solar energy technologies. Lexmark International, a maker of solving, etc. Importantly, the 43,000 s.f.-building printers and document management Participants can become eligible, too, also is home to the Kentucky-Argonne systems, is headquartered in Lexington for more advanced technical training with Battery Manufacturing Research & and employs 2,800 engineers, designers, robots, machine communication systems, Development Center laboratories, managers and administrative staff members. laser vision technology, programmable a unique partnership between the Lockheed Martin is investing $26 controllers and more. commonwealth of Kentucky, the energy- million and adding 200 employees over While a Toyota career is possible, research focused Argonne National a three-years period at its U.S. military AMT graduates have no guarantee of Laboratory in Chicago, UK and the special operations support services employment. However, there are no University of Louisville. Portions of CAER facility in eastern Fayette County. restrictions on where they can go to work were designed and specially equipped for Much of the work there is related to upon completion. research and development of capacitor car manufacturing; Lockheed Martin The program has been such a and advanced battery manufacturing that refurbishes military aircraft and vehicles. success in Toyota’s view that it plans to is considered vital to future hybrid and Tiffany & Co. opened a 25,000-s.f. implement it West Virginia and Indiana, electric vehicle production. manufacturing facility in September 2011 then across North America. The Kentucky-Argonne lab is that produces a variety of its renowned an advanced “open access” battery gold, platinum and diamond jewelry. Pushing the advanced manufacturing R&D facility. Industrial “We have found the infrastructure and manufacturing envelope users may contract lab space and employees to meet Tiffany’s standards of Advanced manufacturing initiatives at UK equipment use, or contract to have the quality and craftsmanship,” CEO Michael also include the Sustainable Manufacturing center’s experts conduct research for them Kowalski said. Research Program bringing together faculty but protecting the intellectual property Link-Belt Construction Equipment from Engineering, other UK colleges, and rights of the industrial partner. Co., a leader in the design, manufacture from other U.S. universities and a dozen CAER research will play a significant and sales of telescopic and lattice foreign countries to pursue multidisciplinary role in advancing the future energy and boom cranes, has its headquarters and projects to help manufacturing achieve economic security of the United States. manufacturing facilities in Lexington. long-term profitability and societal benefits Big Ass Fans is headquartered in without harm to the environment. Toyota Plenty of company Lexington and manufactures all its is among the funding entities along with Toyota is the largest, but it has plenty high velocity, low speed air movement Boeing, Semicon Associates, Caterpillar, the of company in the geographically well equipment here also. l

lanereport.com Best Educated Workforce in Kentucky 35

2012 MRBG 21-52.indd 35 8/29/12 2:06 PM CORPORATE HEADQUARTERS Base of Operations National and international companies are located in Central Kentucky

Corporate and Association Headquarters in Lexington

• A & W Restaurants • Saint Joseph • Ale-8-One Health System • Alltech Inc. • Tempur-Pedic • Appalachian • Thiel Audio Regional Healthcare • Thomas & King Staff photo Staff Staff photo Staff • ArchVision • Urban Active A&W Restaurants returned to Lexington in 2012 The new $18 million Tempur-Pedic headquarters is with new global headquarters. to open in October. • Asphalt Institute • Valvoline • Belcan • Big Ass Fans Equine • Brock-McVey • American • Central Bank & Trust Association • Council of State of Equine Governments Practitioners • Denham-Blythe • American Farrier’s Company Inc. Association • Dupree Mutual • Association of Racing

Staff photo Staff Funds Commissioners Link-Belt has a 500,000 s.f. facility that manufactures telescopic and lattice boom cranes. • eCampus.com International • Fazoli’s • Breeders’ Cup Ltd. • Florida Tile • The Jockey Club • The Forcht Group • The Jockey’s Guild • Fortune Hi-Tech • National Marketing Horsemen’s • Galls Benevolent • Gray Construction and Protective • iHigh.com Association • International Spa • National Association Thoroughbred Staff photo Staff • Kaba Mas Racing Association Lexmark is a global technology company with $4 billion in revenue in 2011. • Laura’s Lean Beef • The Race for • Lockmasters Education • Mason & Hanger • Racetrack Chaplaincy of America • MedPro Safety Products • Thoroughbred Owners and • National Touring Breeders Association Association • United States • NetGain Technologies Equestrian Federation • Office Suites PLUS • Phi Gamma Delta Sources: Commerce Lexington,

Staff photo Staff The Lane Report Staff photo Staff • R. J. Corman Big Ass Fans produces residential, commercial and Urban Active Fitness health clubs are located in Railroad Group industrial ceiling fans. seven states. Staff photo Staff Lexington CVB photo Alltech photo Wild Turkey makes its globally popular bourbon Alltech’s global headquarters are Florida Tile moved its corporate in Lawrenceburg. in Jessamine County. headquarters to Lexington.

36 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 36 8/29/12 2:06 PM Staff photo Staff Valvoline, a division of Ashland Inc., provides specialty chemical solutions for consumer and industrial markets. Staff photo Staff Staff photo Staff photo Staff NetGain Technologies provides managed IT MedPro Safety Products serve Thomas & King is the nation’s 16th-largest services and IT solutions around the world. the healthcare industry. restaurant franchise company. Staff photo Staff The Council on State Governments is a national organization that serves all three branches of state government. Staff photo Staff Staff photo Staff Staff photo Staff R. J. Corman Railroad Group, based in Nicholasville, Fazoli’s is a quick-serve Italian restaurant chain The Jockey Club conducts a variety of business serves the railroad industry. with more than 220 locations. related to the Thoroughbred industry. Staff photo Staff Staff photo Staff photo Staff Meyer Natural Foods is a source for natural, National headquarters of the Phi Gamma Delta Office Suites PLUS, with national headquarters in organic and premium beef. fraternity has been in Lexington since 1973. Lexington, provides full-serviced office space and virtual offices.

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2012 MRBG 21-52.indd 37 8/29/12 2:06 PM MADE IN THE BLUEGRASS Portfolio of Products Manufacturers in region create products known in Kentucky and beyond

OYOTA Camrys, Tiffany jewelry, Post-it notes, Jif Tpeanut butter and Wild Turkey bourbon are just a few of the name brand products manufactured in Central Kentucky and known around the United States and the world. Of course, the region is home to some of the world’s most famous Thoroughbred breeding farms and is globally recognized for the production of racehorses. These manufacturers are located in Lexington unless indicated. Clockwise from left: Kentucky Ale is produced by Alltech’s 3M Lexington Brewing Company. Post-it products, Scotch Tape Corning’s Gorilla Glass is used in Cynthiana mmm.com many touchscreen smart phones. Ale-8-One Bottling Co. Tiffany & Co. has a manufacturing Soft drinks facility in Lexington. Winchester ale-8-one.com Jif peanut butter is made at the world’s largest peanut butter Alltech Inc. production facility. Natural animal feed additives Nicholasville alltech.com Alltech’s Lexington Brewing and Distilling Co. Beer kentuckyale.com Barrel House Distillery Moonshine, rum, vodka barrelhousedistillery.com Big Ass Fans Industrial ceiling fans bigassfans.com Buffalo Trace Distillery Bourbon Frankfort buffalotrace.com Bulleit Distilling Co. Bourbon Lawrenceburg bulleitbourbon.com Lexmark is a name known Carhartt Inc. around the world. Work clothing Irvine carhartt.com Caterpillar Inc. Tractor components Danville cat.com Corning Display Technologies Glass processes & products technology Harrodsburg corning.com Above: Scotch Tape is made at the Country Boy Brewing 3M plant in Cynthiana. Craft beer countryboybrewing.com Florida Tile Inc. Porcelain & ceramic tile Lawrenceburg floridatile.com

38 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 38 8/29/12 2:06 PM Left: Woodford Reserve is the official bourbon of the Kentucky Derby.

Right: Carhartt produces work clothing in Irvine.

Below: Laura’s Lean Beef does not contain growth hormones or antibiotics. Woodford Reserve photo Woodford

Above: Big Ass Fans are for industrial, commercial and residential use.

Left: Buffalo Trace Distillery invites consumers to rate a line of its bourbon.

Above: Marble inspires Florida Tile’s porcelain flooring.

Right: Kaba Mas supplies high-security electronic locking solutions.

Four Roses Distillery International Paper Lectrodryer Mingua Beef Jerky Bourbon Corrugated boxes Liquid dryers Paris minguabeefjerky.com Lawrenceburg fourroses.us internationalpaper.com Richmond Monessen Denyo Manufacturing Corp. Jim Beam Brands lectrodryer.com Fireplaces, wood-burning stoves High-output diesel generators Bourbon Link-Belt Construction Paris monessenhearth.com Danville Frankfort jimbeam.com Equipment Co. Nacco Materials denyo.co.jp/eng/group.dmc.html J.M. Smucker Co. Telescopic & lattice boom cranes Handling Group GE Lighting LLC Jif peanut butter linkbelt.com Lift trucks Automotive headlights, jif.com Lockheed Martin Berea nmhg.com specialty lamps Johnson Controls Inc. Military operations logistics support Neogen Corp. ge.com Automotive foam pads lockheedmartin.com Food & animal safety products Georgia-Pacific jci.com Lore Brewing Co. neogen.com Dixie Cup cups & plates Kaba Mas LLC Craft beer Old Kentucky Candies gp.com High-security locking solutions Danville lorebrew.com oldkycandy.com Highbridge Spring Water kaba-mas.com Lucas Equine Equipment Osram Sylvania Bottled water Kinetic Technologies Equine stall components, Fluorescent/tungsten halogen lamps Wilmore Animal, human supplements farm entrance gates Versailles/Winchester highbridgesprings.com kinetictech.com Cynthiana sylvania.com lucasequine.com Hobart Laura’s Lean Beef Parker Seal Commercial dishwashing equipment Natural beef products Lyons Spirits Engineered o-rings Danville hobartcorp.com laurasleanbeef.com Bourbon parker.com lyonsspirits.com

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2012 MRBG 21-52.indd 39 8/29/12 2:06 PM MADE IN THE BLUEGRASS

Pittsburgh Glass Works Tiffany & Co. Windshields Luxury jewelry Berea pgwglass.com tiffany.com Q-Lighting Inc. Tokico Inc. Commercial lighting solutions Brake & suspension systems q-lighting.com Berea tokicousa.com Quillin Leather & Tack Toyota Motor Equine halters & equipment Manufacturing, Kentucky Paris quillin.com Automobiles, engines Rebecca Ruth Candy Factory Georgetown Frankfort toyotageorgetown.com rebeccaruth.com Trane Commercial Systems Red River Hardwoods Air systems Hardwood dimension lumber trane.com Clay City Transposagen redriverhardwoods.com Biopharmaceuticals Red Wing Shoe Co. Research technologies Work boots transposagenbio.com Danville Trim Masters Inc. Above: Sauces and condiments redwingshoes.com Automotive interior trim represent the popular restaurants of RockTenn Nicholasville/Harrodsburg chef Ouita Michel. Paperboard folding boxes trimmasters.com Nicholasville rocktenn.com US IOL Inc. Top left: Thiel Audio designs Rocky Top Log Intraocular lenses and builds high-performance usiol.com loudspeakers for the home. Furniture & Railing Log furniture & railing Wausau Paper Bottom left: Ale-8-One soft drinks Lancaster Paper towels & tissues have fans all over. rockytoplogfurniture.com Harrodsburg Ruggles Sign Co. wausaupaper.com Below: Red Wing has a production Commercial signage Webasto Sunroofs Inc. facility in Danville. Versailles Automotive sunroofs rugglessign.com webastosunroofs.com Sargent & Greenleaf Weisenberger Mills Security locks Baking products Nicholasville Midway sargentandgreenleaf.com weisenberger.com Schneider Electric West Sixth Brewing Co. Square D electrical safety switches Craft beer squared.com westsixth.com Sharp’s Candies Wild Turkey Distillery Lexington Bourbon sharpscandies.com Lawrenceburg Left: Link-Belt produces telescopic wildturkeybourbon.com and lattice boom cranes. Sherwin-Williams Automotive Finishes Corp. Woodford Reserve Distillery Automotive coatings/finishes Bourbon Richmond Versailles sherwin-automotive.com woodfordreserve.com l Thiel Audio Products Loudspeakers thielaudio.com Toyota photo Toyota Above: The Toyota Camry is built at Toyota’s largest production facility outside Japan.

Left: Town Branch Bourbon joins Alltech’s line of beverages.

40 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 40 8/29/12 2:06 PM LEGAL SERVICES First-Rate Attorneys Are an Advantage Legal expertise serves prominent industries with local and worldwide business

EXINGTON has long been an important location for legal education L and practice. Transylvania University began legal training in 1799, and noted statesman Henry Clay was a faculty member for two years during its first decade. The program shifted to the University of Kentucky in 1908 when the College of Law was founded as one of the nation’s first state law schools. UK launched the first U.S. law school trial practice program in 1913, and the college’s Kentucky Law Journal is the nation’s 10th-oldest student-run law review. The college earned American Bar Association approval in 1925 and in 1931 was voted into to the Order of the Coif, the most prestigious national legal honorary society. Today in Lexington and throughout the region, the most prominent industries – including horses, healthcare, utilities, manufacturing, telecommunications, and wine and spirits – all need legal services Staff photo Staff as they do business and pursue their interests locally and worldwide. Thanks that these firms do offers a distinct The Fayette County Circuit Court and District to the quality and quantity of area legal advantage, while their access to Court are located in the Robert F. Stephens individuals and businesses that operate Courthouses in downtown Lexington. Courthouse firms, everyone who seeks representation Plaza is the site of a number of community events. for company or personal business closer to home is equally important. Law interests has access to first-rate attorneys. firms in the Bluegrass combine these The work with national and traits to provide the best options and international clients and resources services for their clients. Law firms are focusing on niche

MMLK photo strengths and improving service to their Improvement in 2012 customers. Some managers expect merger Kentucky’s law firm managers have activity among firms seeking stronger said 2012 will be a year of selectively improving business conditions for the STITES & HARBISON PLLC legal services sector. The economy is 250 W. Main St., Suite 2300 still unpredictable and uncertain with Lexington, KY 40507 (859) 226-2300 a month of positive and encouraging stites.com signs of recovery, followed by a month of global events or ineffectiveness in With offices in Lexington, Washington that erode confidence in the Louisville and Frankfort, Stites & Harbison serves kind of investments that drive growth. as counsel to many of the Money has been sitting on the sidelines state’s leading businesses since the early part of the recession, and and institutions. Our goal: firms are optimistic the time has come for to be recognized by our clients as a valued partner in people and companies to begin putting it Gregory P. their business success. to good use. Parsons, Of course, the economy remains below Office Stites & Harbison has Executive the general business activity levels seen more attorneys listed in Member, Stites the Top 50 of the current before the financial crisis hit in fall 2008 & Harbison Kentucky Super Lawyers and the United States went into a steep magazine than any other recession, but the number of transactions law firm in the state. With more than 250 and deals requiring legal support have attorneys in eight offices in five states, the firm Attorneys from McBrayer, McGinnis, Leslie & provides clients the resources to resolve legal Kirkland frequently appear in state and federal increased as overall optimism in the issues – locally, regionally or nationally. courts on behalf of their clients. commercial world slowly brightens.

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2012 MRBG 21-52.indd 41 8/29/12 2:07 PM LEGAL SERVICES

BINGHAM GREENEBAUM DOLL LLP 300 West Vine Street, Suite 1100 Lexington, KY 40507 (859) 231-8500 bgdlegal.com

Bingham Greenebaum Doll LLP is a full-service law ﬁrm providing progressive business, litigation and government services to clients ranging from Fortune 500 businesses and Global 1000 companies Carolyn to regionally based M. Brown, organizations across a Managing variety of industries and Partner sectors. Our attorneys counsel clients on diverse business challenges and serve as close advisors, backed by a far-reaching range of legal services. With locations in Kentucky, Indiana and Ohio, our 250 attorneys are dedicated to building the economic future of Kentucky and of the region.

Delcotto Law Group PLLC dlgfirm.com Dinsmore & Shohl LLP dinslaw.com The University of Kentucky College of Law more legal business. But many of those Ferreri & Fogle PLLC was one of the first nation’s law schools when customers, who themselves have been it was founded in 1908. www.ferreri-fogle.com forced to tighten up operations in the Fowler Measle & Bell PLLC upheaval of the past few years, are driving fowlerlaw.com long-term financial positions. Meanwhile, harder bargains for legal services. Frost Brown Todd LLC there are signs of life in the corporate There also is wariness that the frostbrowntodd.com and commercial real estate sectors. confrontational political climate in an Gess Mattingly & Atchison PSC Expectations that government policy will election year could continue to block gmalaw.com continue to evolve in healthcare, financial policy resolutions and sustain the Golden & Walters PLLC regulation, taxation and environmental uncertainty that has helped dampen goldenandwalters.com compliance is generating a need for overall business activity the past couple Greenebaum Doll & McDonald PLLC of years. greenebaum.com Despite the unpredictability that Jackson Kelly PLLC McBRAYER, McGINNIS LESLIE & jacksonkelly.com KIRKLAND PLLC continues to keep business decisions Kinkead & Stilz PLLC 201 E. Main St., Suite 1000 distinctly conservative, an improving ksattorneys.com Lexington, KY 40507 economy is expected to provide better (859) 231-8780 Landrum & Shouse LLP mmlk.com operating results for the legal services landrumshouse.com sector in 2012. McBrayer, McGinnis, McBrayer McGinnis Leslie “We have all come a long way, and Leslie & Kirkland PLLC & Kirkland PLLC is a business is better than it was during mmlk.com leading law firm with offices Miller, Griffin & Marks PSC in Lexington, Louisville, the 30 or so months we were in the horselaw.com Frankfort and Greenup, recession,” said James H. Frazier III, Ky., and Washington, D.C. managing member of McBrayer McGinnis Morgan & Pottinger PSC For 50 years, the firm has Leslie & Kirkland PLLC. “Our firm www.morganandpottinger.com counseled Kentucky’s leading James H. has noticed an upswing in the areas of Steptoe & Johnson PLLC and growing companies in steptoe-johnson.com Frazier III, every industry navigate a bankruptcy and foreclosure, litigation, Stites & Harbison PLLC Managing complex and ever-changing labor and employment law, healthcare Member stites.com legal landscape. With more and real estate, and we have hired several than 50 attorneys, McBrayer Stoll Keenon Ogden PLLC is experienced and knowledgeable in multiple new lateral-move attorneys to help keep skofirm.com areas of the law, and specializes in business and up the momentum.” Sturgill, Turner, Barker & Moloney PLLC corporate law, litigation, real estate development Following is a list of major law firms sturgillturner.com and healthcare. in the area. All have offices in Lexington. The firm is Kentucky’s exclusive Ward, Hocker & Thornton PLLC representative in the State Capital Global whtlaw.com Law Firm Group, an international network of Boehl Stopher & Graves LLP Wyatt, Tarrant & Combs LLP respected law firms in each U.S. State Capital bsg-law.com wyattfirm.com l and more than 60 foreign countries. Bowles Rice McDavid Graff & Love LLP bowlesrice.com

42 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 42 8/29/12 2:07 PM 2012 MRBG 21-52.indd 43 8/29/12 2:07 PM FINANCIAL SERVICES Staff photo

Banks are prominent members of the Stability Seen in Region’s Banks Lexington skyline. Banks and other financial industries have weathered financial storms

HE Kentucky Department of “DFI has played a significant role “The economy here in Kentucky Financial Institutions (DFI) in protecting the financial interests of doesn’t experience the big highs and the Tcelebrated its 100th anniversary as the citizens of the commonwealth for big lows like the rest of the country,” said a state agency in July 2012. the past 100 years by overseeing state- Randall Attkisson, who served as DFI An agency in the Public Protection chartered banks, credit unions, lenders commissioner from 1980-82. He said Cabinet, the DFI has supervised and investment professionals,” said DFI banks and the other financial industries the financial services industry by Commissioner Charles A. Vice. “We plan benefited from that stability, as well as examining, chartering, licensing and to continue regulating with a goal of from the solid regulation DFI provided. registering various financial institutions, safety and soundness for many years to Meanwhile, Kentucky bankers and securities firms and professionals come.” investment advisers generally have operating in Kentucky. Its mission is to Over the past century, national events seen 2012 as a year of continuing slow serve Kentucky residents and protect have changed the financial landscape – improvement in the economy. Many their financial interests by maintaining from the Great Depression, to the savings companies have improved their balance a stable financial industry, continuing and loan crisis, to bank troubles in the sheets, and some are building significant effective and efficient regulatory 1980s, to the financial crises of modern reserves. But bankers are working harder oversight, promoting consumer times – and yet Kentucky financial for their net margins in today’s tougher confidence, and encouraging economic institutions have steadfastly weathered opportunities. the storm. Continued on page 46

44 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 44 8/29/12 2:07 PM 2012 MRBG 21-52.indd 45 8/29/12 2:07 PM FINANCIAL SERVICES

FIFTH THIRD BANK, KENTUCKY 250 W. Main St. Lexington, KY 40507 (859) 455-5300 53.com

Fifth Third Bank serves the Lexington area through 19 full-service locations. We operate four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Tom Partridge, Our mission is ﬁnancial President/CEO, empowerment, giving Fifth Third people access to the tools Bank, Kentucky and knowledge needed for success. We strive to empower through education, volunteerism and by ﬁnancially supporting initiatives that enable people to achieve their goals. We believe that there is no greater satisfaction than helping people reach their highest potential.

Continued from page 44 of the lingering effects of the 2008 Fifth Third Bank traces its origins to the Bank regulatory environment. Customer service financial crisis and resulting recession. of the Ohio Valley, which opened its doors in is viewed increasingly as a primary Commonwealth business lending Cincinnati in 1858. competitive battlefield. likely tracked the 10 percent increase The general buzz from customers and nationwide last year, and expectations in annual sales compared to midmarket the business community is becoming have been for an even better 2012. and smaller companies with sales of $20 increasingly positive but still tentative. Banks and experts who monitor million and less. The dark days of 2008 and 2009 left a finance generally believed business “For large companies, they are clearly deeply cautious mood. Meanwhile, the lending would expand further in taking advantage of the market to make tenuous state of the European economy, Kentucky in 2012, despite tougher bank investments, to do things for their concerns about federal government lending standards and a strict regulatory business, to make investments,” he said. finances and a possible spike in oil environment. “They have a lot of liquidity and a lot of prices that could dampen or reverse U.S. The optimistic expectations change, balance sheet strength.” job growth are worrisome clouds that they said, if an external economic Mid-market and smaller companies continue to linger on the horizon. problem such as European sovereign debt have not been borrowing as much. They defaults, creating a follow-on financial have remained far more cautious to Interest in business loans crisis, or the price of oil generating record take on risk, to borrow and spend on In 2011, Kentucky commercial gasoline prices that drain U.S. consumer’s lending activity increased, reflecting confidence levels. PNC FINANCIAL slowly but steadily improving “I think business is really good,” SERVICES GROUP INC. business fundamentals working out said Chuck Denny, Kentucky president 301 E. Main St.

Staff photo of PNC Bank, which has the most Lexington, KY 40507 (859) 281-5383 branches and largest share of deposits pnc.com in the state. “As I look at our business line in commercial lending and in PNC offers a wide range of business lending, even in commercial services for all our customers, from individuals and small construction, all of our business areas businesses, to corporations and are up. They were up in ‘11, and we’ve government entities. No matter started out really strong in ‘12.” how simple or complicated “About the economy and markets in your needs, we’re sure to have the products, expertise and Kentucky,” he said, “I see strength. I see John L. resources necessary for financial optimism. I see investment. I see modest Gohmann, success. PNC advisers bring expansion.” Regional financial savvy, local knowledge Most of that borrowing is being done President, PNC and truly personal service to all of our banking relationships. by larger companies with strong financial Serving the community is important to PNC. PNC positions, said Tom Partridge, Fifth and PNC Foundation have provided resources Third’s Kentucky president/CEO. He to seed ideas, foster development initiatives and described a distinct difference between encourage leadership in nonprofit organizations where imagination and determination are at work PNC Bank is the largest bank in Kentucky recent business and borrowing activity by enhancing people’s lives everyday. by market share. large companies with at least $50 million

46 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 46 8/29/12 2:07 PM Community Trust has banking locations in Kentucky, West Virginia and Tennessee, and has trust offices in Kentucky and Tennessee.

COMMUNITY TRUST BANCORP INC. 346 N. Mayo Trail P.O. Box 2947 Pikeville, KY 41502-2947 (606) 432-1414 ctbi.com

Community Trust Bancorp Inc., the largest bank holding company domiciled a new project, and to hire employees, loans have been down for 14 consecutive in Kentucky, operates Partridge said. quarters and aren’t expected to rebuild with two subsidiaries, “They continue to hoard cash and to their numbers soon, he said. Community Trust Bank pay down debt,” he said. Representing financial institutions Inc. and Community Trust and Investment Co. “Bank lending has rebounded. It has in the commonwealth is the Kentucky Jean R. Hale, CTBI provides competitive taken awhile,” said Don Mullineaux, Bankers Association, a nonprofit trade Chairman/ products and services with a a University of Kentucky professor association that has been providing President/CEO, “community banking” level who holds the duPont Endowed Chair legislative, legal, compliance and Community of service. Trust Bancorp CTBI has 70 banking in Banking and Financial Services in educational services to its member locations across Eastern, the Gatton College of Business and institutions since 1891. The organization’s Northeastern, Central and South-Central Economics. “The area that has rebounded directors and staff work together with its Kentucky, six banking locations in southern West has been business lending.” members to make the financial services Virginia, four banking locations in Tennessee, four trust offices across Kentucky and one trust National statistics indicated 10 percent industry a more effective and successful office in Tennessee. As of June 30, 2012, CTBI growth in business lending during the place to work. has assets of $3.6 billion and employs more than past four quarters, Mullineaux said. Growth, change for accounting services 1,000 individuals. Community Trust Bancorp (State-level statistics on lending are not Kentucky’s accounting services sector has Inc. is traded on the NASDAQ stock market under the symbol “CTBI.” available.) Meanwhile, construction expected better business in 2012, but also

lanereport.com Best Educated Workforce in Kentucky 47

2012 MRBG 21-52.indd 47 8/29/12 2:07 PM FINANCIAL SERVICES Staff photo

The new Chase Bank branch in Lexington has live Following is a list of major banks, Fifth Third Bank tellers and three self-service teller machines that credit unions and accounting firms in 53.com resemble iPads. Central Kentucky. First Federal Bank ffbankky.com sees its industry in the commonwealth First Southern National Bank BANKS fsnb.net going through a slow structural evolution American Founders Bank Inc. First State Financial that is taking place across the nation as afbusa.com firststatefinancial.net well. Leaders of state CPA firms have Bank of Lexington Forcht Bank expected mergers and a demand for more bankoflexington.net forchtbank.com complex, specialized services. Bank of the Bluegrass & Trust Company Guardian Savings Bank Among their beliefs: bankofthebluegrass.com guardiansavingsbank.com • There are multiple social and Bankers’ Bank of Kentucky Kentucky Bank business influences. bbky.com kybank.com • The economy is slowly improving Branch Banking & Trust Co. (BB&T) Madison Bank bbt.com and finally luring cautious business madisonbankky.com Central Bank & Trust Co. operators back into action. centralbank.com • International trade is increasing. CHASE BANK Central Kentucky Federal Savings Bank • Federal tax policies are hitting their 201 E. Main St. centralkyfsb.com Lexington KY 40507 expiration dates, and state government Century Bank of Kentucky Inc. (859) 231-2122 has initiated a tax reform process. centurybankky.com chase.com Compliance with business regulations Chase Bank put in place in response to the 2008- chase.com Chase serves Kentucky as a leading global financial 2009 financial crisis is more complex, Citizens Guaranty Bank services firm with assets of especially for public companies. mycgb.com $2.3 trillion and operations Baby boomers who launched and built Citizens Commerce National Bank in more than 60 countries. up CPA firms during the past generation citizenscommerce.com In Kentucky, we serve more than 445 mid-sized are beginning to enter their retirement Community Trust Bank Inc. ctbi.com firms and 35,000 small years; their focus is shifting to estate Don Hellmann, businesses. In 2011, Chase planning, and they are now considering Cumberland Valley Market extended $1.6 billion in National Bank & Trust Co. President/ merging or selling their accounting new or renewed loans and www.cvnb.com Division lines of credit to Kentucky businesses. Deposit Bank of Carlisle Manager, small businesses and raised The business world’s need and depositbank.net Chase more than $830 million demand for CPAs’ expertise and informed Commercial in financing for local Farmers Bank & Capital Trust Co. Banking advice is growing in 2012. Firms need farmersbankky.com governments and non-profit organizations in Kentucky. talented members. Farmers National Bank Through our philanthropy, Chase contributes As a result, the collective mood and fnbky.com more than $1.5 million annually to Kentucky expectation has been distinctly, if not Farmers National Bank Corp. charities. Chase and its predecessors have universally, positive for near future. fnbcynthiana.com been a part of Kentucky since 1835.

48 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 48 8/29/12 2:07 PM KENTUCKY BANK 401 Main St. Paris, KY 40361 (859) 987-1795 kybank.com

Kentucky Bank calls eight counties home – Bourbon, Clark, Elliott, Harrison, Jessamine, Rowan, Scott and Woodford – with 13 branches located in those markets. This year Kentucky Bank was named one of the “Best Louis Prichard, Places to Work in Kentucky.” President, We are very proud of this Kentucky Bank designation; we know our 225 employees are the face and personality of our company. Kentucky Bank has Customers beneﬁt from our full array of headquarters in

services, beginning with personal banking downtown Paris, where Kentucky Bank photo products and including wealth management its Bourbon Banking and brokerage. Our commercial services Center, Administration and include lending, electronic services and Operations offices occupy corporate products. three of the four corners on Main and Fourth Streets.

Mainsource Bank mainsourcebank.com Town & Country Bank and Trust Co. CREDIT UNIONS PBI Bank mytcbt.com Commonwealth Credit Union pbibank.com Traditional Bank ccuky.org Peoples Exchange Bank traditionalbank.com Greater Kentucky Credit Union pebank.com United Bank & Trust Co. gtkycu.com PNC unitedbankky.com Health And Education pnc.com US Bank Federal Credit Union Republic Bank & Trust Co. usbank.com thefcu.com republicbank.com Whitaker Bank Kentucky Employees Credit Union whitakerbank.com www.kecu.org

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2012 MRBG 21-52.indd 49 8/29/12 2:07 PM FINANCIAL SERVICES

CENTRAL BANK 300 W. Vine St. Central Bank is the second-largest bank Lexington, KY 40507 charted in Kentucky. (859) 253-6222 or (800) 637-6884 centralbank.com

Central Bank provides the beneﬁts of community bank service with the advantages of a broad range of banking, investment, insurance, wealth management products. The Bank has built a Luther Deaton, network of 28 convenient Chairman/ ofﬁces in Central and President/CEO, Northern Kentucky and Central Bank Louisville and serves more than 110,000 customers in person, at ATMs, online and by mobile device. And, with assets exceeding $2.1 billion, it is the second-largest bank chartered in Kentucky.

Federal Credit Union kuefcu.com Lexington Postal Credit Union lexpcu.com Members Heritage Federal Credit Union membersheritage.org

Staff photo Metro Employees Credit Union metroemployeescu.org

2012 MRBG 21-52.indd 50 8/29/12 4:15 PM Downtown Lexington is home to many prominent banks and businesses that provide a variety of financial services. Staff photo Staff

Park Community Federal Credit Union Barr Anderson Roberts PSC Donald & Co. PSC parkfcu.org Lexington – barcpa.com Lexington – donaldandco.com University of Kentucky Blue & Co LLC Dulworth, Breeding & Karns LLP Federal Credit Union Lexington – blueandco.com Lexington – dbkcpa.com ukfcu.org Crowe Horwarth LLP Duncan, Smith & Stilz PSC Lexington – crowehorwath.com Lexington – dssky.com ACCOUNTING FIRMS Dean Dorton Ford PSC Fister,Williams & Oberlander PLLC Baldwin CPAs PLLC Lexington – ddfky.com Lexington – fwpllc.com Richmond – baldwincpas.com

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2012 MRBG 21-52.indd 51 8/29/12 2:07 PM FINANCIAL SERVICES

REPUBLIC BANK Five Lexington locations (859) 225-5099 republicbank.com

Republic Bank is one of Kentucky’s largest locally owned community banks Bo Henry, with five banking centers in Central Lexington and 29 additional Kentucky banking centers across the Market commonwealth; three in President, Southern Indiana, four in Republic Bank the Tampa, Fla., market, one in Blue Ash (Cincinnati), Ohio, and one in Franklin (Nashville), Tenn. Republic’s success has been built on reliability and responsiveness to client needs, with a full range of personal and business financial products ,including the latest technologies of Internet and mobile banking. In 2012, Bank Director Magazine identified Republic Bancorp as the best performing bank in the U.S. based on financial performance and level of capital.

Republic Bank established a Lexington presence in 1985. Ray, Foley, Hensley & Company PLLC Lexington – rfhco.com Hisle & Company Potter & Company Stiver & Associates PCS Lexington – hisle-cpa.com Lexington – gotopotter.com Lexington – stiverscpa.com l Miller, Mayer, Sullivan & Stevens LLP Pricewaterhouse Coopers LLP Lexington – mmssllp.com Lexington – pwc.com Source: Commerce Lexington Mountjoy Chilton Medley Radwan, Brown And Co. PSC Lexington – mcmcpa.com Lexington – radwanbrown.com

52 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 21-52.indd 52 8/29/12 2:07 PM EDUCATION Flagship Innovation in Student Housing University of Kentucky enters unique agreement to overhaul its student housing

EXINGTON is among the “brainiest” cities in the U.S., according to the LU.S. Census Bureau. For cities with a population of 250,000 or more, Lexington is 13th overall with nearly 40 percent of its population age 25 and older having earned a bachelor’s degree or higher. When considering those with advanced degrees, Lexington is seventh among cities of comparable size. That trend continues across the region, which is home to a number of quality colleges and universities. Within 60 miles of Lexington are 24 colleges and universities with 27 campuses, several ranked nationally for excellence. They include the University of Kentucky in Lexington and Centre College in Danville, a noted liberal arts college. At UK, an innovative project is underway. In February 2012, the UK Board of Trustees approved a plan to work with a private company, Education Realty Trust (EdR), to build a 600-bed residence hall to open in August 2013 in the first step in what could be a $500 million overhaul of UK’s residence hall system. In the 50-year ground lease, EdR will develop and manage the new residence hall on Haggin Field near the W.T. Young Library that will house photo Staff honors students and some high-tech EdR, a publicly traded company based Under construction on the 800-plus acres of classrooms and office space. in Memphis, would own the building it the University of Kentucky campus is a 600-bed residence hall expected to open in August 2013. constructs and manage basic operations, such as maintenance. UK would maintain Lexington’s Focus on Education control of student programming such as Earns National Rankings resident advisers. “That’s a significant difference and Among many reasons for serves to underscore why our efforts have #2 Most Educated Workforce Based on percentages of Lexington’s moving forward with new a sense of urgency attached to them,” workforce that are high school graduates residence halls is the impact Capilouto added. or have attained a bachelor’s or more on student performance If the agreement with EdR is successful, advanced degree. Seattle is No. 1. Source: in terms of retention and UK would move forward to replace and Business Facilities, 2008. graduation rates, said UK build up to 9,000 beds over the next five #2 Best Cities for Education President Eli Capilouto. Eli Capilouto, to 10 years on campus. UK currently has President, According to Parenting Magazine, 2010. “Quite simply, our University about 6,000 residence hall beds, only 600 #6 Best City for College Graduates students do better – much of Kentucky of which are modern. At the end of the According to The Daily Beast, 2011. better – when they live on project, all but six of UK’s 22 residence campus, when they can become part of a halls would be replaced. The average age of #7 Percent of Population With vibrant university life and when they are UK’s residence halls is nearly 50 years old. an Advanced Degree: 16.6 able to more readily reach out to faculty Among cities of 250,000 or more people. A lengthy waiting list exists for the Source: US Census Bureau, 2009 ACS and staff, who can help nurture their 600 modern beds on campus, meaning progress,” he said. In fact, students who UK is turning away students each year #13 Percent of Population With live on campus have a retention rate some to live on campus. Retention rates for Bachelor’s Degree or Higher: 39.1 Among cities of 250,000 or more people. 20 percent higher than those students students living on campus are nearly 90 Source: US Census Bureau, 2009 ACS who live elsewhere – nearly 90 percent percent – some 20 percent higher than compared to 68 percent. students who live off campus.

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2012 MRBG 53-68.indd 53 8/29/12 1:35 PM EDUCATION

UK is thought to be the first, large public research institution to contemplate a public-private partnership that would encompass a university’s entire housing stock. The UK project also is expected to create hundreds of good-paying construction jobs over the next several years, a significant economic impact and boost to Fayette County and the region. In the budget he proposed in January 2012, Gov. Steve Beshear authorized UK to spend $175 million over the next two years on the residence hall project. In Centre College photo addition, the budget allows UK to spend up to $200 million in agency bonds of KCTCS’ 27,813 program completions Centre College in Danville is one of the most – bonds that would be paid off with were for certificate credentials rather than recognized liberal arts and sciences college in the United States. university revenues – on building projects associate’s or bachelor’s degrees. across the campus. In fact, beginning in 2009-10, “We are living in a new normal in certificates surpassed bachelor’s degrees terms of the public support we will awarded by Kentucky’s public colleges and receive to help fuel our ambitions universities. As recently as 2001-02, four- Manufacturing builds for Kentucky,” Capilouto said. “That year baccalaureate degrees outnumbered tech program growth means we have to form partnerships – certificates more than 3-to-1. And the push for more manufacturing partnerships with the state and federal Commonwealth residents earn the vast jobs in Kentucky is increasing. That is governments and partnerships with majority of certificates, which confirm partly thanks to the city government private enterprise that will enable us to completion of a specific skills-oriented administrations of Louisville and Lexington continue our ascent. The important step curriculum, at KCTCS’ 16 institutions starting work on a regional economic today taken by our Board of Trustees across the state. development initiative, the Bluegrass affirms the faith they have in our campus “We offer all kinds of (skills) Economic Advancement Movement, whose and in our plans to be the state’s beacon certificates, from as little as six credit aim is to leverage both cities’ already existing of hope.” hours all the way up to 30 hours,” competitiveness in advanced manufacturing. KCTCS Chancellor Dr. Jay Box said. A plan to build on this strength is slated to Rewiring the job market “All of these certificates were developed be ready later this year. Meanwhile, skills training certificate for the purpose of meeting the needs of While a manufacturing emphasis is programs in Kentucky are proving their businesses and industry, and the lengths “nothing new” for KCTCS, Box said, there worth. In 2010-11, more than 60 percent are determined by the level of job that the is more and more work in the classroom

Kentucky State University photo skills require.” on the robotics piece of manufacturing, Certificate earners often get jobs particularly teaching students to quickly. Among students who left troubleshoot robotics. For example, an KCTCS in 2009-10 with a fresh instructor will program a failure in the certificate, said KCTCS Public Relations system and students must figure out Manager Kristi Middleton, most notably solutions. This and other specialized in 2009 as recessionary unemployment mechatronics-based jobs are a big focus climbed. Middleton said, more than for Kentucky’s schools today. 62 percent were employed within six About half of KCTCS students are months – and that doesn’t include the majoring in some sort of technical self-employed and those who work out program, Box said. And completing a of state. technical program, or any other at a school Box thinks the cost of tuition at a like KCTCS, will likely pay the bills. traditional four-year school is not as “Our current statistics in Kentucky much of a deterrent as is the simple fact show that our associate’s degree students that finding a job after earning a four-year in our career and technical programs are degree is not as easy as it once was. making an income that is very close to a “What drives the popularity of our bachelor’s degree,” Box said. “In Kentucky certificates is the jobs that comes with right now, there’s not a tremendous gap it,” he said. “Employers are looking for a between an associate’s degree and a certain skill set, and so we matched up bachelor’s degree as an average. our certificates with these skill sets. … “Presently our (KCTCS system) tuition In Kentucky in particular, manufacturing is $135 a semester credit hour,” he added. “It’s a good investment and a good bargain A statue of Whitney M. Young Jr., distinguished certificates are in high demand, mainly civil rights activist, has a place of honor at his alma because of the abundance of the auto for higher education compared to a four- mater, Kentucky State University in Frankfort. manufacturing (sector) in our state.” year university. When you consider that an

54 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 54 8/29/12 1:35 PM entry level certificate would be a six-hour Midway College offers majors in business, equine investment, that’s very reasonable.” studies, healthcare, nursing, teacher education and more at several Kentucky locations and online. Kentucky focuses on five top job sectors for training and employment, Box said. They are manufacturing, healthcare, energy, transportation and logistics, and information technology. With 600 credit ITT Technical Institute program options, KCTCS prepares students Lexington – itt-tech.edu for all five sectors. That includes associate Kentucky State University degrees, diplomas and certificates. Frankfort – www.kysu.edu Following is a list of major colleges, Lexington Theological Seminary Lexington – lextheo.edu universities and post-secondary Medtech College institutions in the region. Lexington – medtechcollege.edu Midway College Asbury Theological Seminary Midway – midway.edu Wilmore – asburyseminary.edu National College Asbury University Lexington, Richmond, Danville Wilmore – asbury.edu national-college.edu Berea College Spencerian College-Lexington Berea – berea.edu spencerian.edu Bluegrass Community Strayer University & Technical College Lexington – strayer.edu Danville, Lawrenceburg, Lexington, Winchester Sullivan University bluegrass.kctcs.edu Lexington – sullivan.edu Centre College Transylvania University Danville – centre.edu Lexington – transy.edu Eastern Kentucky University University of Kentucky Richmond – eku.edu Lexington – uky.edu l Georgetown College Georgetown – georgetowncollege.edu Indiana Wesleyan University

Lexington-- indwes.edu Midway College photo

Are you new to the area, a recent college graduate, or looking to get involved in the community? JOIN LYPA TODAY The Lexington Young Professionals Association provides social, professional development and community service opportunities to young professionals in the local community. Follow us! www.lypa.org

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2012 MRBG 53-68.indd 55 8/29/12 1:35 PM MEDICAL SERVICES Healthcare Makes Notable Advances Central Kentuckians benefit from many improvements in hospital care

BY DEBRA GIBSON

ROM the ﬁrst day, 2012 ushered in grand changes for healthcare in FCentral Kentucky, including new facilities, state-of-the-art equipment that enhanced patient care and much- anticipated announcements such as Kentucky’s ﬁrst statewide hospital system.

Merger creates new system KentuckyOne Health, the name of the new statewide healthcare, is the result of a merger between Louisville’s Jewish Hospital & St. Mary’s HealthCare and Lexington- based Saint Joseph Health System. The new entity, which became official on January 1, 2012, boasts 2,492 active staff physicians at nearly 200 locations, including hospitals, physicians groups, clinics, primary care centers, specialty institutes and home Lexington now boasts the most advanced hybrid health agencies. The system is licensed for operating room in the world, incorporating the more than 2,325 beds and has revenues of highest-quality medical imaging system available at the UK Albert B. Chandler Hospital. more than $2 billion. “Our purpose is unique, forward- thinking and life-changing,” said Ruth “KentuckyOne Health has the Brinkley in her opening remarks as CEO resources and reach to care for people in of the new organization. Brinkley was their own neighborhoods with nearly 200 previously the top executive at CHI’s sites of care.” Kentucky operations for five years. “We merged to create an integrated, UK goes hybrid comprehensive health system known for In February, the University of Kentucky efficiently providing the highest quality opened one of the country’s largest hybrid care and services, reducing the incidence operating rooms as well as eight state-of- of disease, and eliminating inequities the-art, multipurpose operating rooms. in access in the communities we serve,” This represented the most recent phase of Brinkley said. construction and expansion at the UK Albert

Saint Joseph Health System/KentuckyOne photo B. Chandler Hospital, named the No. 1 and need for treatments in the hospital’s hospital in Kentucky in the 2012-13 US intensive care unit, according to Dr. Joseph News & World Report’s Best Hospitals listing. “Jay” Zwischenberger, surgeon-in-chief for The hybrid operating room – the UK HealthCare. first of its kind in the region – combines Zwischenberger said cardiothoracic industrial robotic technology with an and vascular surgeries will be the imaging system that can be controlled predominant surgical procedures at the OR table, allowing physicians performed in the hybrid OR and will to easily image the whole patient in a allow UK to more efficiently use hospital manner not available elsewhere in the resources and medical staff while region. The functionality and flexibility providing a higher quality of care. of the robotic arm lets it move to almost The eight new traditional operating any position around the patient, allowing rooms are designed to support any type the surgeon to see internal organs from of operating procedure and are flexible various perspectives. and adaptive for future needs. With the Advantages to a hybrid operating opening of this new surgical area, trauma Saint Joseph Hospital in Lexington is the central room include greater accuracy of surgical patients treated at the region’s only care facility of the Saint Joseph Health System, now procedures, reduced recovery time, part of KentuckyOne Health. reduced risk of postoperative complications Continued on page 58

56 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 56 8/29/12 1:35 PM 2012 MRBG 53-68.indd 57 8/29/12 1:35 PM MEDICAL SERVICES

CLARK REGIONAL MEDICAL CENTER 175 Hospital Dr. Winchester, KY 40391 (859) 745-3500 clarkregional.org

Clark Regional Medical Center is part of LifePoint Hospitals, a leading hospital company based in Brentwood, Tenn., that focuses on providing quality healthcare services close to home. Clark Regional, Kathy Love, which has served residents CEO, of East-Central Kentucky Clark Regional since 1917, operates a photo Staff Medical Center continuum of care center The UK Albert B. Chandler Hospital is the No. 1 in Winchester and a rural configured around a “central spine,” from which each department of the medical hospital in Kentucky, according to the 2012-13 US health clinic in Powell County, and is fully News & World Report’s Best Hospitals listing. accredited by The Joint Commission. In total, center stems. This enhances patient flow the hospital has more than 150 physicians, and eliminates the vertical congestion 400 employees and 100 volunteers on staff. In March 2012, Clark Regional completed found in many multi-floor facilities. hospital in Kentucky with a 100 percent construction of its new $60 million, 79- “Our new, state-of-the-art facility was geothermal heating and cooling system, bed home in Winchester. Perhaps more designed to enhance patient privacy and which promises to be 33 percent more importantly, a new commitment has been safety,” said CEO Kathy Love. “We have made by every physician, nurse and healthcare energy efficient and environmentally professional to make Clark Regional a healthy invested in the latest technology to speed a friendly than the traditional HVAC system hospital in every sense of the word. patient’s diagnosis and surgical interventions. used in the previous facility. “We’ve had incredible feedback and In August, Clark Regional Medical have seen a sharp improvement in patient Center dedicated a three-story, 45,000 Continued from page 56 satisfaction relating to our expanded s.f. medical office plaza on the hospital’s emergency department and our conversion campus. The $10 million facility houses level-1 trauma center will be able to be to all-private rooms,” Love added. “Our new the Clark Clinic, a subsidiary focused moved efficiently from the heliport to the mothers have raved about our luxurious on family medicine, internal medicine Emergency Department and operating women’s center and labor suites, and we are and pediatrics. The plaza also houses rooms through a central transportation thrilled at the increase in births that we’ve Clark Regional’s Women’s Health Center system within the hospital. already experienced.” and Rehab/Physical Therapy Center. The The construction phase also includes Among the advanced features of the building has the capacity for additional 42 bed pre-operative and post anesthesia new hospital are: practitioners and affiliated staff. care unit (PACU), a surgical pathology area, • Enhanced healthcare information family waiting area, anesthesia workspace technology capabilities, including and offices, staff lounges and conference electronic medical record systems with room and central sterile supply. bedside computer charting at all patient KENTUCKYONE HEALTH care locations 1 Saint Joseph Dr. Grand opening in Winchester • Radiology department with Lexington, KY 40504 In March, Clark Regional Medical diagnostic capabilities, including a Wide (859) 313-1000 Center celebrated the grand opening of Bore MRI and 64-slice CT scanner kentuckyonehealth.org its new $70 million, 79-bed facility in • Surgical department with five state- KentuckyOne Health was Winchester. The event coincided with the of-the-art operating rooms and two formed when two major hospital’s 95th anniversary. endoscopy suites Kentucky healthcare Designed by Louisville-based Stengel organizations came together • Eight-bed intensive care unit. in 2012: the former Jewish Hill Architecture, the 131,000 s.f. The hospital is advanced medically Hospital & St. Mary’s hospital features a single-level design and environmentally. It is the first HealthCare and Saint Joseph Health System. Ruth W. As the largest Brinkley, health system in President/CEO, the commonwealth, KentuckyOne KentuckyOne Health is Health committed to improving the health of Kentuckians by integrating medical research, education, technology and healthcare services wherever patients receive care. KentuckyOne has nearly 200 locations, including hospitals, physician

Clark Regional Medical Center photo groups, clinics, primary care centers, specialty In March 2012, Clark Regional Medical Center celebrated the grand opening of its new $70 million, institutes and home health agencies. 79-bed facility in Winchester in an event that coincided with the hospital’s 95th anniversary.

58 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 58 8/29/12 1:35 PM CENTRAL BAPTIST HOSPITAL 1740 Nicholasville Road Lexington, KY 40503 (859) 260-6100 centralbap.com

Central Baptist Hospital (CBH) is a 383-bed major medical facility recognized as a Joint Commission top performer. Committed to making quality healthcare services convenient, CBH operates six outlying William outpatient centers, G. Sisson, including locations in Central Baptist Hospital in Lexington is working President/CEO, Georgetown, Nicholasville In addition, the regeneration project on a $200 million expansion. Central Baptist and Richmond. will provide all-private patient rooms, Hospital The hospital holds address current traffic flow issues and several cardiac-related meet an increased need for parking. The UK Healthcare national recognitions denoting that it Good Samaritan Hospital meets or exceeds benchmarks for rapidly new cancer center and the new women’s ukhealthcare.uky.edu/goodsamaritan/ diagnosing and treating a heart attack. The center will each have customer-friendly The Women’s Hospital oncology program’s national accreditations exterior access entrances. at Saint Joseph East signify that the hospital uses the latest skills, Central Baptist plans to open a new TheWomensHospitalKY.org knowledge and technology to help patients overpower cancer. dining facility by January 2013 and a new Recognized with Magnet status for its chapel following that. Its new employee FRANKLIN COUNTY – FRANKFORT quality nursing care, CBH continues to lead parking structure is now complete and a Frankfort Regional Medical Center in maternity care, with nearly 4,000 births frankfortregional.com each year. second parking structure is underway. Following are hospitals and notable medical facilities by county. HARRISON COUNTY – CYNTHIANA Expansion at Central Baptist Harrison Memorial Hospital harrisonmemhosp.com In Lexington, Central Baptist Hospital BOURBON COUNTY – PARIS continued work on its $200 million Bourbon Community Hospital JESSAMINE COUNTY – NICHOLASVILLE bourbonhospital.com Nicholasville Road campus expansion Saint Joseph Jessamine project, which includes a seven-story SaintJosephJessamine.org structure that will house: BOYLE COUNTY – DANVILLE • A state-of-the-art cancer center, Ephraim McDowell LINCOLN COUNTY – STANFORD including radiation therapy, a patient- Regional Medical Center emhealth.org Ephraim McDowell Fort Logan Hospital centered chemotherapy/ infusion center, emhealth.org/index.php/locations/fortlogan an expanded multidisciplinary oncology CLARK COUNTY –WINCHESTER MADISON COUNTY – BEREA clinic, and CyberKnife Clark Regional Medical Center • A women’s center occupying three clarkregional.org Saint Joseph Berea floors, including labor and delivery, SaintJosephBerea.org perinatology, antepartum, surgery suites, ESTILL COUNTY – IRVINE MADISON COUNTY – RICHMOND nursery, NICU and gynecology beds, Marcum & Wallace Memorial Hospital marcumandwallace.org Pattie A. Clay Regional Medical Center • ICU rooms, all private rooms and pattieaclay.org inpatient imaging services, FAYETTE COUNTY – LEXINGTON • All-private medical surgical rooms. MERCER COUNTY – HARRODSBURG Cardinal Hill Rehabilitation Hospital cardinalhill.org James B. Haggin Memorial Hospital hagginhosp.org Central Baptist Hospital centralbap.com NICHOLAS COUNTY – CARLISLE Eastern State Hospital bluegrass.org Nicholas County Hospital johnsonmathers.org Lexington VA Medical Center Cooper Division & Leestown Division lexington.va.gov/ SCOTT COUNTY – GEORGETOWN Saint Joseph East Georgetown Community Hospital SaintJosephEastKY.org georgetowncommunityhospital.com Saint Joseph Hospital SaintJosephHospitalKY.org WOODFORD COUNTY –VERSAILLES Shriners Hospital for Children Bluegrass Community Hospital l shrinershq.org/Hospitals/Lexington bluegrasscommunityhospital.com University of Kentucky Former UK men’s basketball player Doron Lamb visits Albert B. Chandler Hospital a young patient at Kentucky Children’s Hospital. ukhealthcare.uky.edu

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2012 MRBG 53-68.indd 59 8/29/12 1:35 PM BUSINESS SERVICES Region Positioned for Business Growth Central Kentucky offers new and relocating businesses expertise and advantages

CCORDING to Commerce Lexington – The Greater ALexington Chamber of Commerce Inc., a new index called the Fourth Economy Community (FED) Index in 2011 placed Lexington-Fayette County first among the top mid-sized counties (population of 150,000 to 300,000) when considering measures within several key areas, including investment, talent, sustainability, place and diversity. Lexington is a diversified growth engine for health and educational services, technology, retail trade and manufacturing. It boasts a highly educated population, an outstanding quality of life and amenities found in much larger cities. Lexington has a revitalized downtown, historic buildings, modern office

complexes and developing business photo Staff parks. Residential options include downtown lofts and condos, homes – in maximizing the advantages of the Construction continues in Lexington at Beaumont in historic districts and established region using modern, efficient strategies. Centre, a neighborhood and major retail and office park in Lexington. neighborhoods, homes in thriving Companies and businesses looking to subdivisions and in the outlying country. expand or relocate in the region can Smaller communities throughout Central refer to Commerce Lexington’s economic condo units each in the final phase of the Kentucky also offer options in business development division, which has an Hamburg Farms upscale condominium/ and residential property while giving extensive list of available property and office townhome/apartment project; and people who work and live in these areas space in numerous urban and rural choices. commencement of construction of a access to major interstates and highways Here is a sample of companies offering 55,000-s.f. Hobby Lobby. and an easy commute to Lexington. a variety of services in the area. One original goal at Hamburg Whether companies chose to move Place was to accommodate an array of their operations to the region or expand HAMBURG PLACE developments. Hamburg Place has become the facilities they already have here, a P.O. Box 12128 the premier location for banks, restaurants, wide range of professionals is available Lexington, KY 40580 educational institutions, physicians, dental to assist them – and their employees (859) 299-1515 offices, pharmacies, home furnishing hamburgplace.com showcases and other office and retailers. We continue to grow with high-quality Located off I-75 and developments of all types. minutes from downtown Lexington, Hamburg INTEGRITY IT Place provides retail, 3080 Harrodsburg Road, Suite 104 residential and professional Lexington, KY 40503 developments. Recent (859) 253-4284 activity includes integrityky.com Patrick W. Madden, construction of 150 Hamburg Place upscale apartments called Integrity IT has been Watermark at Hamburg providing information

Staff photo Farms; construction and opening of technology consulting Hamburg Residence, a 62-unit senior and solutions to hundreds living community by Miller Valentine of companies across Group; construction of The Willows at the Bluegrass since In the heart of downtown Lexington, Victorian Hamburg, an assisted-living facility by Phil Miller, Square is a blend of historical architecture and 2000. Whether you’re Trilogy Health Services; construction President, a small ofﬁce or a large modern comfort that is listed on the National Integrity IT Register of Historic Buildings. of ﬁve new buildings consisting of six organization, we have the

60 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 60 8/29/12 1:35 PM experience, expertise and solutions that ﬁt your needs. Our Managed IT and Cloud Solutions provide the technology foundation your business needs to succeed. You’ve got a business to run, let us manage your IT so that you can focus on what you do best.

KENTUCKY EMPLOYERS’ MUTUAL INSURANCE 250 W. Main St., Suite 900

Lexington, KY 40507 Paris Main Street Program photo 1-800-640-KEMI (5364) Paris and other communities in Central Kentucky have popular downtown districts that attract businesses and kemi.com residents who enjoy the small-town atmosphere.

Kentucky Employers’ and a focus on innovation makes KEMI the business location, is a Mutual Insurance (KEMI) provider of choice for Kentucky businesses. commercial real estate is the largest provider of We are proud to have earned and services firm that workers’ compensation maintained an “Excellent” rating by specializes in owner insurance in Kentucky, A.M. Best. representation, buyer and providing coverage to more tenant representation, Roger Fries, than 20,000 policyholders in LANE CONSULTANTS INC. Ed Lane, appraisals of value, President/ all 120 counties of the state. 201 E. Main St. CEO, Lane consulting, and real estate CEO, Kentucky We provide exceptional Lexington, KY 40507 Consultants Inc. Employers’ advisory services. Mutual underwriting, safety (859) 244-3500 The economic diversity of the Insurance education and claims laneky.com Bluegrass offers much for companies services to our policyholders. looking to locate or expand in Kentucky. This, combined with our competitive Lane Consultants, which selected The wide range of businesses is a strong pricing, responsible financial management Central Kentucky as its own profitable indicator of the combined strengths

2012 MRBG 53-68.indd 61 8/29/12 4:20 PM BUSINESS SERVICES Staff photo com. The website serves as a portal for small businesses and individuals across corporations, smaller enterprises and the region and throughout the country businesses seeking information about receive personalized attention and local expanding their business operations in access from national-level talent. MCM Kentucky. combines the technical and industry expertise of larger firms without MOUNTJOY CHILTON sacrificing the attention and personal MEDLEY LLP service of a local firm. 175 E. Main St., Suite 200 MCM has offices in Louisville, Lexington, KY 40507 Frankfort, Lexington and Cincinnati, and (859) 514-7800 is an independent member of Baker Tilly mcmpa.com International, the world’s eighth-largest accountancy and business advisory network. SIS is a technology solution provider As a large regional CPA firm, Mountjoy based in Lexington. Chilton Medley LLP provides highly REALTY RESEARCH specialized accounting, audit and CORPORATION advisory services to a broad range of 201 E. Main St., 14th Floor of geographic location and a highly clients and industries. Privately and Lexington, KY 40507 educated workforce. publicly held businesses, not-for-profits, (859) 244-3550 One unique attribute of Lane kybiz.com Consultants is that its affiliate, Lane Communications Group, publishes For more than 30 years, Realty Research Kentucky business periodicals. That Corporation has provided consultation, company’s flagship publication is The appraisals, analyses and valuations, Lane Report, Kentucky’s exclusive including professional office, multifamily, statewide business magazine, which industrial, motel, restaurant, retail, farms, has been published for over 25 years. subdivisions, vacant land and a full range Lane publications are published and John Chilton, Diane Medley, Michael Mountjoy, of special-purpose properties in Central archived electronically at lanereport. Founding Partners, Mountjoy Chilton Medley Kentucky. In addition, Realty Research

2012 MRBG 53-68.indd 62 8/29/12 1:36 PM performs business valuations. Because of the current local and national economy and rapidly changing market, keeping Steve Rohlfing, informed is essential. As Principal real estate investment Appraiser, Realty decisions are becoming Research increasingly difﬁcult, Corporation and as property values ﬂuctuate, the need for competent and professional real estate appraisal and consulting services escalates.

SIS 165 Barr St. Lexington, KY 40507 (859) 977-4747 consulting services and data center Housing choices abound in Lexington and ThinkSIS.com solutions. The company’s Managed throughout the region, where residents benefit Solution Center is a state-of-the-art from the easy commute to Lexington. Steve Sigg, SIS is a total technology Tier 3 data center facility that provides CEO, SIS solutions provider serving comprehensive hosting and cloud more than 1,300 customers offerings, including virtualization, business Founded in 1982, SIS is headquartered nationwide. Partnered with leading continuity, security, storage management in Lexington and has regional ofﬁces in IT vendors, SIS delivers hardware and and application support as well as systems Indiana, Kentucky, Michigan, Ohio, Virginia software solutions, technical expertise, monitoring and management. and West Virginia. l

2012 MRBG 53-68.indd 63 8/29/12 1:36 PM CONSTRUCTION Building in the Bluegrass Central Kentucky is home to exciting additions for residents and business Staff photo Staff Bluegrass Community & Technical College (above) will have a new home at the site formerly occupied by Eastern State Hospital. The hospital’s new $129 million facility will provide a modern setting for inpatient psychiatric treatment (below). Staff photo Staff photo Staff Above: A historic bank building in downtown Lexington will become a 21c Museum Hotel.

Left: The 150-unit Watermark at Hamburg Farms apartment complex on Sir Barton Way in east Lexington will include three interior courtyards, a pool and a clubhouse. Staff photo Staff Staff photo Staff Staff photo Staff An original restaurant concept, Coba Cocina by Greer Companies, is expected A new office building is located at Tates Creek Road and New Circle Road. to open on Richmond Road in Lexington in fall 2012.

64 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 64 8/29/12 1:36 PM LFUCG photo

Above: Community leaders are studying plans to undertake an extensive renovation of Rupp Arena, home of the UK men’s basketball team.

Right: UK’s Sanders-Brown Center on Aging is undergoing renovation of its research space.

Below: In a project originally estimated at $19 million, Southland Christian Church is redeveloping the 31-acre former Lexington Mall site on Richmond Road into a new satellite campus to accommodate its weekly attendance of more than 10,000. Staff photo Staff Staff photo Staff Staff photo Staff Above: Texas Roadhouse is adding a restaurant in Beaumont. Staff photo Staff photo Staff Above: South Broadway and Pine Street near UK and downtown Lexington is the site of construction.

Right: A brewery/restaurant is being planned in Lexington’s Chevy Chase neighborhood. Danville CVB photo Staff photo Staff

Above: Denyo Manufacturing Corporation expanded its Danville facility, where it manufactures high-output diesel generators.

The popular specialty grocery store Trader Joe’s opened in Lexington in 2012.

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2012 MRBG 53-68.indd 65 8/29/12 1:36 PM UTILITIES Affordable Place for Business Lexington among most economical places to do business

OYOTA Motor Manufacturing, Kentucky and the University of The E.W. Brown Generating TKentucky are among the largest Station on Herrington Lake in users of utilities in Central Kentucky, Mercer County has three coal units totaling 700 megawatts, which has relatively low utility costs supplemented by six natural and has remained an affordable place gas/fuel oil turbine unites that to do business. This was certainly a can generate 768 megawatts. contributing factor when Lexington was named the nation’s seventh most economical city in which to do business in 2010, according to KPMG’s Competitive Alternatives Guides. According to the Kentucky Cabinet for Economic Development, Kentucky’s industrial power costs are lower than any other state east of the Mississippi River and are more than 25 percent lower than the national average. The reasons for this competitive advantage are the state’s large coal reserves and their proximity to coal-burning utility plants, direct location on the interstate natural gas pipeline corridor and an abundant natural water supply. Business as usual across the state has occurred since the 2010 sale of Louisville-based E.ON U.S., the parent of Louisville Gas and Electric Co. Corp. E.ON U.S. now is a subsidiary of KU headquarters continue to operate in (LG&E) and Kentucky Utilities Co. (KU), PPL, with LG&E and KU remaining as Louisville and Lexington, respectively. to Pennsylvania power company PPL distinct operating entities. The LG&E/ Headquartered in Allentown, Pa., PPL Corp. has a family of regulated utilities that serve 1.2 million customers Contact Information for Major Utilities and consistently rank among the best companies for customer service ATMOS ENERGY CORP. INTER-COUNTY in the United States. LG&E serves atmosenergy.com ENERGY COOPERATIVE 321,000 natural gas and 397,000 BLUE GRASS ENERGY intercountyenergy.net COOPERATIVE CORP. JACKSON ENERGY COOPERATIVE electric customers in Louisville and 16 bgenergy.com jacksonenergy.com surrounding counties. Kentucky Utilities CLARK ENERGY COOPERATIVE KENTUCKY AMERICAN WATER serves 546,000 customers in 77 Kentucky clarkenergy.com amwater.com/kyaw/ counties and ﬁve counties in Virginia. COLUMBIA GAS OF KENTUCKY INC. LG&E/KU Regulating more than 1,500 utilities columbiagasky.com lge-ku.com in the state is the Kentucky Public DELTA NATURAL GAS CO. OWEN ELECTRIC COOPERATIVE INC. Service Commission, a three-member deltagas.com owenelectric.com administrative body with quasi-legislative EAST KENTUCKY RICHMOND UTILITIES and quasi-judicial duties and powers. The POWER COOPERATIVE richmondutilities.com ekpc.coop 78-year-old commission regulates the SALT RIVER ELECTRIC intrastate rates and services of investor- FLEMING-MASON COOPERATIVE CORP. ENERGY COOPERATIVE srelectric.com owned electric, natural gas, telephone, fme.coop SHELBY ENERGY COOPERATIVE INC. water and sewage utilities; customer- FRANKFORT PLANT BOARD shelbyenergy.com owned electric and telephone cooperatives; fewpb.com SOUTH KENTUCKY RECC water districts and associations; and GEORGETOWN MUNICIPAL skrecc.com certain aspects of gas pipelines. gmwss.com WINCHESTER MUNICIPAL UTILITIES Following is information about wmutilities.com companies that provide utilities and related services.

66 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 66 8/29/12 1:36 PM COLUMBIA GAS OF KENTUCKY that provide rebates and free home energy 2001 Mercer Road audits help our customers save energy Lexington, KY 40511 and money, too. (800) 432-9345 columbiagasky.com KENTUCKY AMERICAN WATER 2300 Richmond Road Each day an underground Lexington, KY 40502 network of over a million (859) 269-2386 miles of pipeline safely kentuckyamwater.com carries natural gas from supply areas to homes, The team at Kentucky businesses and factories American Water Herbert Miller across America. In Central understands that quality Jr., President, and Eastern Kentucky, Columbia Gas water service is essential of Kentucky Columbia Gas of Kentucky for a community’s provides safe and reliable prosperity. We are proud natural gas service to almost 140,000 Cheryl to deliver tap water service customers in 30 Kentucky counties Norton, that not only meets but through a system of more than 2,600 President, exceeds all state and Kentucky miles of pipeline. Columbia is one of the federal requirements and seven energy distribution companies of American Water costs our customers less NiSource Inc. (NYSE:NI). than a penny a gallon. Our dedicated team is committed to CAER photo Kentucky American Water is a subsidiary The University of Kentucky’s Center for Applied working with residential and commercial of American Water (NYSE:AWK), the Energy Research has teamed with major power customers to ensure they receive the largest publicly traded U.S. water and producers, government entities and research warmth, comfort and reliability for which wastewater utility company, with regulatory organizations to form the Carbon Management Research Group. Its goal is to advance near-term natural gas is widely known. Market price oversight by the Kentucky Public Service stability and energy efﬁciency programs technologies for carbon dioxide capture and Commission. Headquartered in Lexington, management for coal-fired electric plants.

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2012 MRBG 53-68.indd 67 8/29/12 1:36 PM UTILITIES

KENTUCKY UTILITIES/ United States. PPL committed to keep LOUISVILLE GAS & KU/LG&E headquarters in Lexington and ELECTRIC CO. Louisville, respectively, for 15 years and 1 Quality Street not eliminate any jobs when it acquired Lexington, KY 40507 them in 2010 from German-based E.ON (859) 255-2100 for $7.6 billion. (800) 981-0600 KENTUCKY COAL Relatively low costs ASSOCIATION for utilities provided 2800 Palumbo Drive, Suite 200 by Kentucky Utilities/ Lexington, KY 40509 Louisville Gas & Electric (859) 233-4743 Kentucky American Water serves nearly 500,000 make Central Kentucky a kentuckycoal.org residents in 12 Central Kentucky communities from headquarters in Lexington. very affordable place to do Vic Staffieri business and contribute The Kentucky Coal we provide water service to portions of 10 Chairman/ to it being rated among Association (KCA) is the CEO/President the best places to locate a commonwealth’s leading Central and Northern Kentucky counties, KU and LG&E and have a smaller footprint of wastewater Energy company on a cost basis. organization dedicated to operations, too. Kentucky Utilities advancing Kentucky’s coal We understand that regular serves 546,000 customers in 77 Kentucky industry. KCA’s member investments in our water systems and counties and ﬁve counties in Virginia. Bill Bissett, companies are drawn facilities are critical for us to continue LG&E serves 321,000 natural gas and President, from throughout Eastern 397,000 electric customers in Louisville Kentucky Coal and Western Kentucky, the tradition of quality service that we Association have maintained for more than 125 years. and 16 surrounding counties. from underground as Our annual capital investment of $20 to Their parent company is PPL Corp. well as surface producers. This diversity $25 million has enabled us to continue of Allentown, Pa., a family of regulated enriches the association and allows it to providing ample, award-winning quality utilities that serve 1.2 million customers build consensus as we work to resolve water service to approximately half a and consistently rank among the best the complex challenges facing the coal million people in Kentucky. companies for customer service in the industry. l

68 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 68 8/29/12 1:36 PM EDUCATION Flagship Innovation in Student Housing University of Kentucky enters unique agreement to overhaul its student housing

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2012 MRBG 53-68.indd 53 8/29/12 1:35 PM EDUCATION

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Lexington-- indwes.edu Midway College photo

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2012 MRBG 53-68.indd 55 8/29/12 1:35 PM MEDICAL SERVICES Healthcare Makes Notable Advances Central Kentuckians benefit from many improvements in hospital care

BY DEBRA GIBSON

56 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 56 8/29/12 1:35 PM 2012 MRBG 53-68.indd 57 8/29/12 1:35 PM MEDICAL SERVICES

CLARK REGIONAL MEDICAL CENTER 175 Hospital Dr. Winchester, KY 40391 (859) 745-3500 clarkregional.org

58 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 58 8/29/12 1:35 PM CENTRAL BAPTIST HOSPITAL 1740 Nicholasville Road Lexington, KY 40503 (859) 260-6100 centralbap.com

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2012 MRBG 53-68.indd 59 8/29/12 1:35 PM BUSINESS SERVICES Region Positioned for Business Growth Central Kentucky offers new and relocating businesses expertise and advantages

60 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

KENTUCKY EMPLOYERS’ MUTUAL INSURANCE 250 W. Main St., Suite 900

64 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 53-68.indd 64 8/29/12 1:36 PM LFUCG photo

Above: Community leaders are studying plans to undertake an extensive renovation of Rupp Arena, home of the UK men’s basketball team.

Right: UK’s Sanders-Brown Center on Aging is undergoing renovation of its research space.

Right: A brewery/restaurant is being planned in Lexington’s Chevy Chase neighborhood. Danville CVB photo Staff photo Staff

Above: Denyo Manufacturing Corporation expanded its Danville facility, where it manufactures high-output diesel generators.

The popular specialty grocery store Trader Joe’s opened in Lexington in 2012.

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2012 MRBG 53-68.indd 65 8/29/12 1:36 PM UTILITIES Affordable Place for Business Lexington among most economical places to do business

66 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

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2012 MRBG 53-68.indd 67 8/29/12 1:36 PM UTILITIES

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2012 MRBG 53-68.indd 68 8/29/12 1:36 PM LOGISTICS & TRANSPORTATION

Located five miles from downtown Lexington and from Keeneland Race Course, Blue Grass Airport provides reliable, cost-effective air service and facilities and associated economic development in the region. Staff photo Prime Location Ensures Success Businesses and residents take advantage of logistics and transportation networks

ENTRAL Kentucky’s economic of its hub facility at the airport to meet the called Worldport. The facility connects success is due in large part to its growing demands of international shipping Louisville to 200 countries and territories in Cprime location in the state and the customers. DHL has said the Cincinnati the matter of hours. Thanks to Worldport, nation. Lexington at the crossroads of hub handles about 90 percent of the DHL the Louisville airport ranks third in North Interstate 64 (east-west) and I-75 (north- volume that enters the United States. America – and 10th in the world – in the south) and is about one hour south of Located 75 miles west is Louisville total amount of cargo handled. In 2011, Cincinnati, Ohio, and one hour east of International Airport, home to United the airport handled more than 4.8 billion Louisville, Ky. In fact, Lexington is within Parcel Service’s global air-sorting hub pounds of cargo, freight and mail. 600 miles of 50 percent of the nation’s population, giving businesses in the area Blue Grass Airport serves more than an incredible advantage with easy access a million Kentucky residents a year. to many other U.S. cities in the East, South and Midwest. Lexington is home to Blue Grass Airport, which serves more than a million Airport photo Blue Grass Central and Eastern Kentucky residents a year. Businesses in the region also take advantage of Kentucky’s two other major airports, each of which is home to a major shipping hubs, to give them a leg up on getting products and packages into the global stream of commerce. Located 70 miles north of Lexington is Cincinnati-Northern Kentucky Airport, the hub of DHL. The company has begun construction of a $47 million expansion

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2012 MRBG 69-88.indd 69 8/29/12 1:48 PM LOGISTICS & TRANSPORTATION

Making connections BLUE GRASS AIRPORT Airport Corporation, a public, non-profit 4000 Terminal Dr., Suite 206 Lexington benefits from its proximity to organization, is one of America’s fastest- Lexington, KY 40510 surrounding communities such as Danville, growing airports. Kentucky’s economy (859) 425-3114 Georgetown, Cynthiana, Paris, Midway, is growing thanks in part to the airport, bluegrassairport.com Richmond and Versailles. Residents of the which supports 3,478 jobs and accounts for As the primary airport Danville area now can travel the recently $370 million in annual economic output serving Central and Eastern completed US 27 to and from Lexington. based on direct and multiplier impacts. Kentucky, Blue Grass Airport Reconstructed, four-laned sections are In addition to serving as a catalyst for offers a convenient method of open in Garrard County from the Kentucky travel whether on a non-stop economic growth, the airport also provides domestic flight or connecting River Bridge to the intersection with KY 34 numerous qualitative and societal benefits to to a host of international at Bryantsville. The highway significantly the region by offering services for Medevac cities. The airport offers reduces drive time and improves access flights, search and rescue operations, law Eric J. Frankl, passenger service with five A.A.E., major airlines and is located from Danville and eastern Boyle County to enforcement personnel and, in the case of Executive five miles from downtown south Lexington and Blue Grass Airport. Lexington, horse transport. Director, Blue Lexington. From Lexington, trucks navigate around Located five miles from downtown Grass Airport From inside the terminal Kentucky with ease using the Bluegrass Lexington and across the road from to outside on the airfield, the airport continues to invest in providing Parkway, which leads to the western part Keeneland Race Course, Blue Grass a first-class facility for its passengers. of the state, and the Mountain Parkway airport is the primary scheduled airline Travelers enjoy restaurants and gift shops, a (starting near Winchester), which heads to service provider to 54 Central and covered rental car facility, valet parking and astern Kentucky. This accessibility makes Eastern Kentucky counties. It is served complimentary high-speed wireless Internet access. The Club at Blue Grass, an airport- the area a great spot for companies that by five major airlines with nonstop flights operated executive lounge, provides travelers need distribution capabilities, such as to 13 cities with connecting services to personalized assistance and business facilities. manufacturers and fulfillment corporations. hundreds of destinations worldwide. The Blue Grass Airport also offers corporate Area residents and Kentucky officials airport also features a recently expanded and general aviation services, including a newly constructed general aviation terminal currently are discussing the I-75 Connector and modernized general aviation terminal built by fixed-base operator TAC Air and more Project, a proposed road to connect U.S. 27 for corporate and private aircraft. than 45,000 s.f. of new hangar space. Other in Jessamine County and I-75 in Madison In 2011, many airport improvements services available at the airport include U.S. County. The Kentucky Transportation focused on providing facilities that Customs, charter flights, aircraft maintenance and storage facilities and flight instruction. Cabinet has undertaken the preliminary are more efficient, cost-effective and design and environmental study for the new environmentally sustainable. These link, which proponents believe will improve projects included rehabilitation of the Louisville also is home to UPS’s mobility for people and businesses in the airport ramp and taxiways, terminal roof Centennial hub – another small package southern portion of the region and enhance replacement, escalator and revolving door distribution facility -- and a separate logistics economic development. modernization and replacement of snow campus for inventory management, order removal equipment. fulfillment and critical parts replenishment Airport improvements continue A master plan process is underway mostly for the healthcare and high-tech Blue Grass Airport, owned by the that will guide the airport’s role in serving industry sectors. UPS also has another Lexington-Fayette Urban County customers and supporting the broader air logistics campus for the retail sector in Hebron in Northern Kentucky, along with a retail facility in Elizabethtown. UPS Freight is a business unit of UPS that is one of the largest less-than- truckload (LTL) carriers in the United States. It also provides truckload service and a variety of regional and long- haul capabilities for on-time delivery guaranteed freight shipments. Five of its nearly 200 service centers are in Kentucky and employ more than 435 people. The largest of these facilities is located in Lexington with others in Bowling Green, Louisville, Paducah and Prestonsburg. UPS also has a small package “hub” in Lexington that is an intermediate processing and transit location and not only dispatches the familiar brown truck for small package delivery but also has the sorting and processing operation for tractor trailer moves of UPS Ground packages in the Lextran’s COLT Trolley connects riders with shops, restaurants, central part of the state. nightlife, entertainment venues and other attractions.

70 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 69-88.indd 70 8/29/12 1:48 PM transportation system. This planning effort will emphasize updating existing airport facilities, evaluating updated forecasts of aviation activity in all sectors and reassessing the next 20 years of the airport’s development. The airport also is a venue to highlight the culture, heritage and economic vitality of the region. In June 2012, for the third consecutive year, the airport and several community partners invited the general public to participate in their favorite ﬁtness activities on the airport’s runway during 2nd Sunday at Blue Grass Airport.

Lextran rides around In Lexington, public bus service is provided by Lextran, which operates a ﬂeet of 76 buses, including a campus shuttle service for the University of Kentucky. A resurgence in the popularity of public bus service is thanks in part to Lextran’s COLT Trolley service, which provides free rides around the heart

of downtown Lexington and nearby photo Staff neighborhoods. COLT connects riders with shops, restaurants, nightlife, Cynthiana-Harrison County Airport The U.S. 68 Double Crossover Diamond ky0i8.webs.com reduced congestion and increased safety at one entertainment establishments and other Georgetown-Scott County of Lexington’s busiest interchanges – U.S. 68 attractions, including Keeneland, and to Regional Airport (Harrodsburg Road) and KY 4 (New Circle Road). UK and Transylvania University. georgetownscottcountyairport.com The design is the first of its kind in Kentucky and one of six in the United States. Lextran’s ﬂeet includes seven energy- Madison Airport efﬁcient buses that are part of the Richmond madisonairportky.com operation’s efforts to “go green.” Stanton Airport In June 2011, Lextran joined other Stanton airnav.com/airport/I50/ Con-Way Freight public transportation systems across the con-way.com country that participated in the seventh Stuart Powell Field Estes Danville airnav.com/airport/KDVK/ annual National Dump the Pump Day. estes-express.com Sponsored by the American Public M&E Storage Inc. GENERAL AVIATION mestorage.com Transportation Association (APTA), the TAC Air Old Dominion Freight Line event encouraged people to ride public tacair.com/lex odfl.com transportation instead of driving their cars BUS TRANSPORTATION Penske Truck Leasing in an effort to save money. Lextran offered Greyhound penske.com free trips and distributed reusable green tote greyhound.com Phoenix Transportation Services LLC bags to passengers. Lextran Georgetown/Richmond Lextran reports its ridership has Lextran.com phoenix-transportation.net increased during the past year compared Ryder with the same time the previous year. INTERNATIONAL ryder.com According to the latest APTA Transit SHIPPING COMPANIES Total Quality Logistics tql.com Savings Report, individuals in a two-person DHL dhl.com Transfreight household can save an average of more than Georgetown transfreight.com $10,000 annually by downsizing to one car. FedEx fedex.com UPS Global Freight Services Following is a list of airports in the UPS upsfreight.com region and other companies involved ups.com Vascor Ltd. in businesses related to logistics and Georgetown www.vascorltd.com transportation. All are located in TRUCKING, LOGISTICS & W.T. Young Storage Company LLC Lexington unless indicated. WAREHOUSING FIRMS wtyoung.com ABF Freight System Inc. YRC Freight AIRPORTS lexington.unpack.com yrc.com Blue Grass Airport Associates Warehousing bluegrassairport.com associateswarehouse.com RAIL SERVICES Capital City Airport Averitt Express Inc. R.J. Corman Railroad Group Frankfort cca.ky.gov averittexpress.com Nicholasville rjcorman.com l

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2012 MRBG 69-88.indd 71 8/29/12 1:48 PM MEDIA & MARKETING SERVICES Media Deliver Messages Region has many news, entertainment and information outlets

USINESSES seeking to reach residents of Central Kentucky Bhave a multitude of opportunities, thanks to many news, entertainment and information outlets on paper, on the Internet and over the airwaves. Whether they concentrate on the latest events or on business or lifestyle niches, these outlets enable companies to target their desired audience. The region’s flagship newspaper is the Lexington Herald-Leader, whose roots go back to 1870 and today has a comprehensive website. Among the publications with websites are the Spanish-English newspaper La Voz de Kentucky and the weekly newspapers published in a number of communities. Lexington is home to four major network television stations, several photo Staff of which offer live streaming of their to Insight Communications cable Numerous media outlets throughout Central evening newscasts on their websites. The subscribers. Kentucky provide news, sports and entertainment city also is the headquarters of Kentucky coverage and help businesses deliver their Meanwhile, a variety of radio stations messages to residents. Educational Television, which was inform and entertain Bluegrass residents. begun in 1968 and is the largest PBS- They include National Public Radio BOYLE COUNTY member network in the country. Another stations at the University of Kentucky innovative player on the television scene The Advocate-Messenger and Eastern Kentucky University. UK also centralkynews.com/amnews is cn/2, a 24-hour weather channel that offers a popular student-run radio station, has political news and analysis, and The Cento (Centre College) WRFL, which bills itself as “Radio Free centre.edu/cento.html sports commentary and is available Lexington.” WKYT-TV Lexington also has bloggers who CLARK COUNTY 2851 Winchester Road discuss a variety of subjects, and Winchester Sun Lexington, KY 40509 additional websites that feature the centralkynews.com/winchestersun/ (859) 299-0411 community. These many outlets give WKYT.com businesses a range of advertising and ESTILL COUNTY WKYT went on the air 54 marketing options to sell their products Citizen Voice & Times years ago as a CBS affiliate. and services. A full range of marketing cvt-news.com We have always endeavored agencies is available to advise and assist Clay City Times to be a community leader hatfieldnewspapers.com through operating a in the creation of advertising campaigns Estill County Tribune commercial television and marketing strategies to take estilltribune.com station in the public advantage of everything from traditional interest, informing and outlets to the latest in social media. Wayne Martin, entertaining our viewers FAYETTE COUNTY President/ with high-quality local Following are many of the region’s 360Lexington.com General news and entertainment media outlets and prominent marketing Ace Weekly Manager, programming and helping agencies that include advertising and aceweekly.com WKYT-TV our advertisers achieve financial prosperity. public relations firms. Lexington’s Bank Travel Management Those of us who live and work in the number of equine-related media is listed banktravelmanagement.com Lexington area are at the center of a 31-state in the Equine Industry section. The Best of Lexington distribution area within a 500-mile radius of bestoflexingtonky.com nearly three-fourths of the population of the United States. The Bluegrass is internationally ANDERSON COUNTY BG Magazine – A Way of Life renowned for its equine business and ranks The Anderson News lanereport.com/bg among the highest quality of life areas in theandersonnews.com BluegrassExclusive.com the United States. Lexington is a regional The Bourbon Review hub for shopping, business, entertainment, BOURBON COUNTY thebourbonreview.com educational and cultural activities for Central, Southeastern and Eastern Kentucky. Bourbon County Citizen The Citizen Advertiser Continued on page 74

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Continued from page 72 Skirt! Lexington skirt.com THE LANE REPORT 201 E. Main St., 14th Floor Business Lexington Small Market Meetings Lexington, KY 40507 bizlex.com smallmarketmeetings.com (859) 244-3500 The Cats’ Pause Sophisticated Living lanereport.com catspause.com slmag.net Chevy Chaser Southsider The Lane Report is the only statewide business news chevychaser.com southsidermagazine.com medium, keeping readers abreast of important trends, deals Mark Green, and issues affecting Kentucky’s economy. Founded in 1985, Coffee News Tops in Lex Editorial the monthly magazine circulates in all 120 counties to top coffeenewslexingtonky.com topsinlex.com Director, The corporate managers, professionals, entrepreneurs, business Going On Faith Travelhost (Bluegrass edition) Lane Report owners, civic and political leaders. Two-thirds have incomes goingonfaith.com travelhost.com/bluegrass over $100,000 and 96 percent rate The Lane Report a The Group Travel Leader valuable source of statewide business information. LaneReport.com presents grouptravelleader.com Television Stations continuous updates throughout every business day, and the FasterLane email blast goes out statewide. Market Review of Central Kentucky is one of many Lane Hamburg Journal CN/2 Communications specialty publications. hamburgjournal.com mycn2.com Health & Wellness Magazine Kentucky Educational TV samplerpublications.com ket.org LINCOLN COUNTY Brand Advertising Group baglex.com The Human Resource WDKY-TV (Channel 56) The Interior Journal samplerpublications.com foxlexington.com centralkynews.com/ Connections Advertising theinteriorjournal/ & Marketing Jobs Magazine WKYT-TV (Channel 27) connectionsadv.com samplerpublications.com wkyt.com MADISON COUNTY Cornett Integrated Kentucky Doc WLEX-TV (Channel 18) Marketing Solutions samplerpublications.com BereaOnline.com lex18.com cornett-ims.com Kentucky Homes Eastern Progress WTVQ-TV (Channel 36) Cre8tive Group & Gardens Magazine (Eastern Kentucky University) wtvq.com Wilmore – cre8tivegroup.com kentuckyhomesandgardens.com easternprogress.com Group CJ Kentucky Kernel Richmond Register FRANKLIN COUNTY groupcj.com (University of Kentucky) richmondregister.com Kentucky Gazette kykernel.com Hall Media Inc. kentuckygazette.com hallmediainc.com KyForward.com MERCER COUNTY Kentucky Monthly Hammond Communications Ladies Golf Journey Harrodsburg Herald kentuckymonthly.com Group ladiesgolfjourney.com harrodsburgherald.com State Journal hammondcg.com The Lane Report state-journal.com Hammond Design lanereport.com NICHOLAS COUNTY hammonddesign.com La Voz de Kentucky Carlisle Courier GARRARD COUNTY McEwen Creative lavozky.com carlisle-courier.com Garrard Central Record mcewencreative.com Lexington Family garrardcentralrecord.com Meridian Chiles Inc. lexingtonfamily.com POWELL COUNTY meridianchiles.com Lexington Herald-Leader Clay City Times HARRISON COUNTY Michael Breeding Media kentucky.com hatfieldnewspapers.com Cynthiana Democrat michaelbreedingmedia.com Living Well 50+ Magazine cynthianademocrat.com One Alliance samplerpublications.com SCOTT COUNTY Communications Market Review of Central JESSAMINE COUNTY Georgetown News-Graphic onealliance.com Kentucky news-graphic.com Asbury Collegian PM Advertising LLC lanereport.com (Asbury University) Versailles – pmadv.com Natural Awakenings WOODFORD COUNTY theasburycollegian.com Preston-Osborne awakeky.com Jessamine Journal Ladies Golf Journey preston-osborne.com The Rambler ladiesgolfjourney.com centralkynews.com/ Rainmaker Advertising Inc. (Transylvania University) jessaminejournal/ The Woodford Sun rainmakerads.com transy.rambler.com woodfordsun.com Right Place Media rightplacemedia.com BG MAGAZINE – A WAY OF LIFE MARKETING AGENCIES 201 E. Main St., 14th Floor, Lexington, KY 40507 (All in Lexington unless indicated.) Saybrook Advertising (859) 244-3500 saybrookadvertising.com kybiz.com/bg Ad-Success Marketing Serif Group serifgroup.com BG Magazine – A Way of Life is geared toward young adsuccess.com professionals in the Lexington area. Our editorial goal APS Communications Trapp Communications is to entertain and inform our readers about the high- apscommunications.com trapp.com quality lifestyles offered in Central Kentucky. Having Baker Communications TwoCan Marketing an exceptional educational system and one of the most bakercomm.com twocan.net highly educated workforces in America, Lexington is Balance Creative WebMedley consistently ranked as one of the nation’s best places to webmedley.com work, start a business or raise a family. balancecreative.net Meredith Lane, BG Magazine showcases exceptional young adults Bell Group The Williams McBride Group l Editor, living in the region and the many ways to plug into a Versailles – bellgroupky.com williamsmcbride.com BG Magazine wide range of social, cultural and professional scenes.

74 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 69-88.indd 74 8/29/12 1:48 PM THE BEST BUSINESS PUBLICATION FOR KENTUCKY COVERS THE WHOLE STATE.

WHERE THE NEWS IS MADE BY THE READERS. lanereport.com

Passion runs deep in our state about many things. The Lane Report serves people across the commonwealth who are passionate about leading our economic resurgence. People with a single-minded focus on winning strategy and ﬂawless execution. The Lane Report can help you capitalize on a dynamic new economy.

2012 MRBG 69-88.indd 75 8/29/12 1:48 PM HB-000-WholeState(8.125x10.875).indd 1 8/23/12 12:17 PM MEETINGS, CONVENTIONS & ATTRACTIONS Perfect for Business and Pleasure Region has unique accommodations for meetings and memorable places to see

Located in the heart of downtown Lexington, the URING the June 2012 press the scenic Kentucky capital of Frankfort Lexington Center is considered the region’s premiere sports, entertainment and convention complex. conference to announce the offer a variety of facilities that can Dpopular Rock ‘n’ Roll Half accommodate large gatherings, while Marathon Series had added Lexington numerous smaller venues are available to its schedule of global events for March throughout the region. 2013, Lexington Mayor Jim Gray bragged Downtown Lexington is home to the about the area’s amenities. Lexington Convention Center, which “From basketball to Thoroughbred offers 130,000 s.f. of meeting, banquet racing,” Gray said, “Lexington has always and exhibit space, and the “Triple Crown been a great city for world-class sporting Connection” of hotels and meeting space. events, and because our 13.1-mile course Large-scale meetings also are welcomed is indeed the prettiest half-marathon in at three hotels located ﬁve minutes from the United States our city is going to be downtown and ﬁve minutes from the seen in a whole new light by thousands of Kentucky Horse Park in a collaboration

Photos courtesy of the Lexington Center new runners each spring.” known as the “Equine District.” Stunning countryside, ﬁrst-class In downtown Frankfort, which is facilities and unique attractions make along the Kentucky River, the Frankfort Lexington an appealing location for all Convention Center has a 10,000 s.f, types of events, including conventions 5,300-seat arena, nearly 17,000 s.f. of total and meetings. Lexington, which is more exhibit space and a pedestrian walkway to cosmopolitan than metropolitan, and the historic downtown district.

2012 MRBG 69-88.indd 76 8/29/12 1:48 PM The entire region has many attractions Blue Grass Airport bluegrassairport.com THE CLUB AT SPINDLETOP HALL to educate, entertain and inspire area 3414 Iron Works Pike residents and visitors alike. Guests are Boone Tavern Lexington, KY 40511 Berea – boonetavernhotel.com welcome at famous horse farms and (859) 255-2777 Bright Leaf Golf Resort spindletophall.org racetracks; at museums and landmarks, Harrodsburg – brightleafgolfresort.com particularly in the state capital of Buffalo Trace Distillery THE HILARY J. BOONE CENTER Frankfort; at sites of Revolutionary Frankfort – buffalotrace.com 500 Rose St. War and Civil War battles; at bourbon Capital Plaza Hotel Lexington, KY 40506 distilleries and wineries; and at historic Frankfort – capitalplazaky.com (859) 257-4322 uky.edu/BooneCenter/ homes and communities. Phenomenal Carrick House natural formations, pristine state parks, carrickhouse.com Gerald H. Marvel CCM beautiful vistas and much more illustrate Crowne Plaza –The Campbell House facets of Kentucky character. crowneplaza.com has been the general The Lexington Doubletree Guest Suites Lexington manager of The Club at Convention and Visitors doubletree.hilton.com Spindletop Hall since Bureau (visitlex.com), Embassy Suites Hotel 2004 and its COO since which has a new home just embassysuites.hilton.com 2006. In 2011, then UK across from the Lexington Frankfort Convention Center Gerald H. President Dr. Lee T. Todd Frankfort – frankfortconventioncenter.com Marvel, CCM, Convention Center, has Jr. asked the club’s board Griffin Gate Marriott Resort & Spa COO/GM, to allow Marvel also to Jim Browder, a convention sales and marriott.com The Club at Spindletop manage the “sister” UK President, service staff to assist Hilary J. Boone Center Hall, GM. The faculty club on campus, Lexington organizations with their uky.edu/BooneCenter Convention & meeting needs and provides Hilary J. Boone the recently renovated Visitors Bureau Hilton Lexington Downtown Center Hilary J. Boone Center. visitors with a wealth of lexingtondowntownhotel.com The goal of having one manager lead both information about what to see and do in Hyatt Regency Lexington the city. The bureau’s free LexWalk iPhone lexington.hyatt.com facilities is to refine and improve service App guides visitors on a walking tour of Keeneland and benefit from efficiencies created by 19 points of historic and contemporary keeneland.com the common mission. “I remain very interest in downtown Lexington . Kentucky Artisan Center at Berea honored to work to provide outstanding Information about Frankfort is Berea – kyartisancenter.ky.gov services to our stakeholders, the available from the Frankfort Tourist Kentucky Horse Park University of Kentucky and its extended kyhorsepark.com Commission (visitfrankfort.com). family of people,” Marvel said. Lexington Convention Center Following are some of the area’s lexingtoncenter.com most popular meeting and convention Old Fort Harrod State Park facilities, along with a list of major Harrodsburg – parks.ky.gov/findparks/recparks/fh/ ATTRACTIONS attractions and events. All are in Ramada Conference Center African Cemetery No. 2 Lexington unless indicated. ramada.com Historic burial grounds www.uky.edu/Projects/AfricanCem Shaker Village of Pleasant Hill MEETING & CONVENTION FACILITIES Harrodsburg – shakervillageky.org The Arboretum – State Botanical Garden of Kentucky Beaumont Inn Spindletop Hall ca.uky.edu/arboretum Harrodsburg – beaumontinn.com spindletophall.org Ashland, The Henry Clay Estate Berry Mansion Woodford Reserve Distillery Home of U.S. House Speaker, Senator, statesman Frankfort – historicproperties.ky.gov/hp/ Versailles – woodfordreserve.com henryclay.org berrymansion/ Sources: Lexington Convention & Visitors Bureau, Kentucky Depart- Aviation Museum of Kentucky Best Western Regency Inn ment of Travel and Tourism, The Lane Report Blue Grass Airport – aviationky.org bestwestern.com Battle of Richmond Civil War battlefield Richmond – battleofrichmond.org Bluegrass Classic Stockdog Trials bluegrassclassicsdt.com Bluegrass Heritage Museum Winchester – bgheritage.com Bluegrass State Games Amateur athletic competition bgsg.org Frankfort Convention Center photo Blue Grass Trust Antiques and Garden Show bgtantiquesandgardenshow.org Camp Nelson Civil War Heritage Park Nicholasville – campnelson.org The Frankfort Convention Center, which has more than 15,000 s.f. of exhibit space and 5,100 fixed-back seats, is the home of the All “A” Classic and NAIA Women’s Division I National Basketball Tournaments.

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The renovated Kentucky Military History Museum in Frankfort features artifacts and stories of Kentuckians who fought in battles spanning nearly 200 years. kentuckytourism.com photo Above: Constitution Square in Danville is the site of the signing of Kentucky’s Constitution in 1792.

Cane Ridge Meeting House Fort Boonesborough State Park Site of famous 1801 revival Reconstructed pioneer fort Paris – caneridge.org Richmond – parks.ky.gov/parks/recreationparks/ Capital City Museum fort-boonesborough Frankfort – frankfortparksandrec.com/html/ Fourth of July Festival capital_city_museum.html downtownlex.com Central Bank Thursday Night Live Governor’s Mansion Weekly downtown concert Built in 1914 downtownlex.com/thursday-night-live-concerts Frankfort – governorsmansion.ky.gov/ Commonwealth Stadium Gratz Park Historic District University of Kentucky football stadium gratzpark.org ukathletics.com/athletic-dept/ Henry Clay’s Law Office commonwealth-stadium.html Built in 1803 Daniel Boone’s Grave nps.gov/nr/travel/lexington/hco.htm Ashland: The Henry Clay Estate provides a glimpse Final resting place of noted pioneer High Bridge Historic Park into 19th century life in Lexington of one of the Frankfort Cemetery Landmark railroad bridge kentuckytourism.com/things_to_do/daniel- city’s most prominent families. Kentucky River near Wilmore boones-grave-frankfort-cemetery/1498 Hopewell Museum photo Hopewell Museum Boone Station State Historic Site Bourbon County art and history With one-mile self-guided trail Paris – hopewellmuseum.org parks.ky.gov/parks/historicsites/boone-station Hummel Planetarium Boyd Orchards Richmond – www.planetarium.eku.edu Versailles – boydorchards.com Hunt-Morgan House Constitution Square State Historic Site 1814 home of state’s first millionaire Site of 10 state constitutional conventions bluegrasstrust.org/hunt-morgan.html Danville – parks.ky.gov/parks/historicsites/ constitution-square Jack Jouett House Home of “Paul Revere of the South” Daniel Boone Pioneer Festival Versailles – jouetthouse.org Winchester – danielboonepioneerfestival.com Keeneland Concours d’Elegance Duncan Tavern Classic car show Three-story stone tavern, built 1788 keenelandcouncours.com Paris – kentuckydar.org/duncantavern.htm’ Kentucky Bourbon Trail Explorium of Lexington Tour legendary distilleries Hands-on children’s museum kybourbontrail.com explorium.com Kentucky Doll & Toy Museum First African Baptist Church Carlisle – kydollandtoymuseum.com Founded 1790 nps.gov/nr/travel/lexington/fab.htm Kentucky Horse Park kyhorsepark.com The Hopewell Museum celebrates the historic Kentucky Military History Museum and artistic heritage of Paris and Bourbon County. Frankfort – history.ky.gov

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2012 MRBG 69-88.indd 78 8/29/12 1:48 PM Staff photo Staff Staff photo Staff Above: Families have many activities and attractions to enjoy throughout Central Kentucky.

Right: Thoroughbred Park welcomes visitors to downtown Lexington with a tribute to Kentucky’s signature industry.

Kentucky Sheep & Fiber Festival Liberty Hall Historic Site Old Fort Harrod State Park kentuckysheepandfiber.com Frankfort – libertyhall.org Replica of original settlement Kentucky State Capitol Mary Todd Lincoln House Harrodsburg Beaux Art structure, completed 1909 mtlhouse.org parks.ky.gov/parks/recreationparks/fort-harrod Frankfort – historicproperties.ky.gov/hp/capitol/ Memorial Coliseum Old Governor’s Mansion Latrobe’s Pope Villa University of Kentucky sports arena since 1950 Built 1797-98 Designed by father of American architecture ukathletics.com/athletic-dept/ Frankfort – historicproperties.ky.gov/hp/ogm/ popevilla.org memorial-coliseum.html Old State Capitol Lexington Cemetery McConnell Springs Frankfort – history.ky.gov Final resting place of many notables Campsite of first settlers, nature sanctuary Perryville Battlefield State Historic Site lexcem.org mcconnellsprings.org State’s largest Civil War battle Lexington Farmers Market Isaac Murphy Memorial Art Garden Perryville – parks.ky.gov/parks/historicsites/ lexingtonfarmersmarket.com Celebrates famous African American jockey perryville-battlefield Lexington Legends isaacmurphy.org Raven Run Nature Sanctuary Minor league baseball Natural Bridge State Resort Park lexingtonky.gov lexingtonlegends.milb.com Home of unique sandstone arch Rev. Jessie R. Ziegler House Lexington Lions Bluegrass Fair Slade Designed by Frank Lloyd Wright lionsclubbluegrassfair.com parks.ky.gov/parks/resortparks/natural-bridge Frankfort Lexington Pride Festival lexpridefest.org Continued on page 81

The Battle of Perryville is the site of an annual re-enactment to commemorate the largest Civil War battle in Kentucky.

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Spirits of Central Kentucky

(Located in Lexington unless indicated.) Jean Farris Winery, Bistro and Vineyards CRAFT BEER near Lexington represents the thriving Staff photo Staff Alltech’s Lexington Brewing Co. wine industry in Kentucky, home to more kentuckyale.com than 60 small farm wineries. Beer Engine Danville – kybeerengine.com Country Boy Brewing countryboybrewing.com Lore Brewing Company Danville – lorebrew.com West Sixth Brewing Company westsixth.com

Source: brewgrasstrail.com

DISTILLERIES Barrel House Distillery barrelhousedistillery.com Buffalo Trace Distillery Frankfort – buffalotrace.com Bulleit Distilling Co. Lawrenceburg – bulleitbourbon.com Castle Hill Farm Lovers Leap Vineyards &Winery Four Roses Versailles Lawrenceburg Lawrenceburg – fourrosesbourbon.com Chateau Duvieux Corbeau Winery Lullaby Ridge Lyons Spirits Danville Waynesburg lyonsspirits.com Chrisman Mill Vineyard and Winery Prodigy Vineyards & Winery Wild Turkey Nicholasville Frankfort Lawrenceburg – wildturkey.com Elk Creek Vineyards Rising Sons Home Farm Winery Woodford Reserve Owenton Lawrenceburg Versailles – woodfordreserve.com Equus Run Vineyards and Winery Talon Winery & Vineyards Midway WINERIES The First Vineyard Grimes Mill Winery Nicholasville Acres of Land Winery Richmond Jean Farris Winery & Bistro Wildside Winery Versailles Black Barn Winery Harkness Edwards Vineyards Source: KentuckyWine.com

Four Roses Bourbon in Lawrenceburg is on the Staff photo Staff Kentucky Bourbon Trail, which links distilleries that produce “Kentucky’s Native Spirit.” kentuckytourism.com photo

Above: West Sixth Brewing Company of Lexington is among the region’s emerging craft breweries on the Brewgrass Trail.

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2012 MRBG 69-88.indd 80 8/29/12 1:48 PM kentuckytourism.com photo Shaker Village photo Shaker Village Above and top left: Shaker Village at Pleasant Hill is America’s largest restored Shaker Community with a variety of activities, including rides on the Dixie Belle on the Kentucky River.

Right: White Hall in Madison County was the home of Cassius Clay, emancipationist, politician, newspaper publisher and Minister to Russia in Abraham Lincoln’s administration.

Continued from page 79

Rock ‘n’ Roll Half Marathon Leg of global running series runrocknroll.competitor.com/ Roots & Heritage Festival rootsandheritagefestival.com Rupp Arena Home of UK men’s basketball team rupparena.com Salato Wildlife Education Center Explore Kentucky plants, animals Frankfort fw.ky.gov/navigation.aspx?cid=130 Shaker Village of Pleasant Hill Restored Shaker community, 2,500-acre farm

Harrodsburg – shakervillageky.org Lexington Legends photo Southern Lights Holiday lights display Kentucky Horse Park Thomas D. Clark Center for Kentucky History Frankfort – history.ky.gov Thoroughbred Park Downtown tribute to the racehorse Valley View Ferry Ferry crossing Kentucky River since 1785 Fayette, Jessamine and Madison counties Ward Hall Antebellum Greek Revival mansion Georgetown – wardhall.net Waveland State Historic Site Greek Revival mansion parks.ky.gov/parks/historicsites/waveland William Whitley House State Historic Site Kentucky’s first brick home Stanford parks.ky.gov/parks/historicsites/william-whitley Woodford County Historical Society Museum Versailles – woodfordkyhistory.org l The Lexington Legends, the Class A affiliate of the Houston Astros, play in Whitaker Bank Ballpark.

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2012 MRBG 69-88.indd 81 8/29/12 1:48 PM FAYETTE COUNTY

A Great American City LEXINGTON Educated workforce, high quality of life make Lexington unique

Downtown Lexington has been re-establishing itself as the cultural and residential heart of Central Kentucky.

Overall, Lexington is well known for its diverse economy, strong workforce, quality education system, innovative healthcare and wide range of higher education options. In fact, the numerous colleges and universities in Lexington and the surrounding area have been key in luring businesses that want to tap into the supply of recent graduates and other members of the well-educated workforce. “High-tech businesses are drawn here by our city brand, our high quality of life, our educated workforce and our strong business environment,” Gray said. l Lexington CVB/David Cronen photo

HE June 2012 announcement in Lexington. The city has a thriving that Xact Communications would biosciences sector and it supports a vibrant establish its United States and entrepreneurial community. T COMMERCE LEXINGTON INC. international headquarters in Lexington Cheryl D. Norton, president of Kentucky THE GREATER LEXINGTON was just the kind of news the community American Water, relocated with her family CHAMBER OF COMMERCE likes to make. to Lexington. She has found the city to be Robert Quick, “We have been working hard to bring welcoming and comfortable. President/CEO 330 E. Main St., Suite 100 corporate headquarters to Lexington “This is such a nice place to live Lexington, KY 40507 because headquarters bring strong leaders because you have all of the conveniences (859) 254-4447 and problem solvers who can help us of a city, but the feel is much more like a bquick@ commercelexington.com build a pro-business, progressive city: big town,” Norton said. “The people that commercelexington.com a great American city,” said Lexington I work with are truly exceptional. They Bob Quick Mayor Jim Gray. “Headquarters support are skilled, dedicated and kind.” COUNTY SEAT: and strengthen our efforts to grow good- Founded in 1775, Lexington LEXINGTON paying jobs.” has a rich and colorful history that Jim Gray, Mayor Xact Communications’ goal is is depicted in historic homes and 200 E. Main St. Lexington, KY 40507 to become a premier provider of buildings and in globally recognized (859) 258-3100 telecommunications services for traditions of excellence that range from [email protected] lexingtonky.gov businesses, offering a new choice in Thoroughbred racehorses and bourbon Jim Gray cloud-based phone and Internet services. to the University of Kentucky men’s The company’s announcement was just basketball team, the winningest program FAYETTE COUNTY JUDGE-EXECUTIVE the latest proof that “Lexington is no in major college basketball. Jon Larson horse-and-buggy town,” as reported by For the past several years, downtown 215 W. Short St., Suite 210 Business Facilities magazine in 2010. “In Lexington has been re-establishing itself Lexington, KY 40507 fact, it is rapidly emerging as Kentucky’s as the cultural and residential heart (859) 255-1001 [email protected] high-tech hub. Hardly a week goes by of Central Kentucky. Helping to make without another ribbon-slicing at a that possible is the completion of a FAYETTE COUNTY CLERK cutting-edge facility.” multimillion-dollar Streetscape Master Don Blevins Jr. Lexington is home to the world Plan that installed curbside rain gardens, 162 E. Main St. headquarters of A&W Restaurants Inc., widened sidewalks to accommodate Lexington, KY 40507 (859) 253-3344 Lexmark International and Tempur-Pedic; cafes and gathering spaces, and created [email protected] Toyota’s largest manufacturing facility in dedicated bike lines. Events such as fayettecountyclerk.com the United States is in nearby Georgetown. Thursday Night Live and the Lexington Industry heavyweights IBM, HP, Lockheed Farmers Market along with other Estimated 2011 Population: 301,569 No. of households: 120,917 Martin, Square D, Tiffany’s, Trane, Xerox parades and festivals attract thousands of Median household income: $47,469 and Link-Belt also have a presence people to downtown.

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2012 MRBG 69-88.indd 82 8/29/12 1:48 PM Lexington-Fayette Urban County Government

lexingtonky.gov • LexCall Centralized Service and Information Call Center: 311 • (859) 425-CALL

Mayor Jim Gray and the Lexington- Fayette Urban County Government work out of offices in downtown Lexington.

Chris Ford Tom Blues Diane Lawless Julian Beard District 1 District 2 District 3 District 4 Council Member Council Member Council Member Council Member

Bill Farmer Jr. Kevin Stinnett K.C. Crosbie George Myers District 5 District 6 District 7 District 8 Council Member Council Member Council Member Council Member

Jay McChord Doug Martin Peggy Henson Ed Lane District 9 District 10 District 11 District 12 Council Member Council Member Council Member Council Member

Chuck Ellinger II Steve Kay Linda Gorton Keith Jackson Ronnie Bastin Jane Driskell Sally Hamilton Council Member Council Member Vice Mayor Fire Chief Chief of Police Commissioner Commissioner of At Large At Large of Finance & General Services Administration

Janet Graham Derek Paulsen Clay Mason Beth Mills Jamie Emmons Richard Moloney Commissioner Commissioner of Commissioner of Commissioner of Chief of Staff Chief Administrative of Law Planning Public Safety Social Services Officer

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2012 MRBG 69-88.indd 83 8/29/12 1:49 PM THE COUNTIES OF CENTRAL KENTUCKY

ANDERSON COUNTY BOURBON COUNTY BOYLE COUNTY Estimated 2011 Population: Estimated 2011 Population: Estimated 2011 Population: 21,644 19,998 28,550 No. of households: 8,319 No. of households: 8,132 No. of households: 10,787 Median household income: Median household income: Median household income: $55,506 $40,849 $40,720 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Pam Rice, Executive Director Lucy Cooper, Executive Director Paula Fowler, IOM, Executive Director andersonchamberky.org parisky.com danvilleboylechamber.com County Seat: Lawrenceburg Paris/Bourbon County Economic Danville/Boyle County Economic Edwinna Baker, Mayor Development Authority: Development Partnership: lawrenceburgky.org/County Gov.html Craig McAnelly, Executive Director Jody A. Lassiter, JD, President/CEO Judge-Executive: Steve Cornish [email protected] County Seat: Danville [email protected] County Seat: Paris Bernie Hunstad, Mayor Michael J. Thornton, Mayor danvilleky.org paris.ky.gov Judge-Executive: Harold McKinney Judge-Executive: Donnie Foley boyleky.com bourbonky.com/government.htm

CLARK COUNTY ESTILL COUNTY Estimated 2011 Population: Estimated 2011 Population: 35,537 14,666 No. of households: 14,535 No. of households: 5,604 Median household income: Median household income: $46,575 $28,324 Chamber of Commerce: Estill Development Alliance: Karen Haley, President Joseph A. Crawford, Executive Director winchesterky.com estillcountyky.net Winchester/Clark County County Seat: Irvine Industrial Authority: Ernest Farmer, Mayor Todd Denham, Director Judge-Executive: Wallace Taylor winchesterindustry.com estillky.com County Seat: Winchester Ed Burtner, Mayor winchesterky.com Judge-Executive: Henry Branham winchesterky.com/city/government.html Pioneer Playhouse in Danville was founded in 1950.

FRANKLIN COUNTY GARRARD COUNTY HARRISON COUNTY Estimated 2011 Population: Estimated 2011 Population: Estimated 2011 Population: 49,393 16,885 18,777 No. of households: 20,878 No. of households: 6,294 No. of households: 7,275 Median household income:$47,976 Median household income: $37,095 Median household income: Chamber of Commerce: Garrard Co. Chamber of $40,582 Carmen Inman, Executive Director Commerce: Chamber of Commerce: frankfortky.info Christa Osborne, President Pat Grenier, Executive Director Capital Community Economic/ garrardcounty.ky.gov/ cynthianaky.com Industrial Development Authority: chamber+of+commerce/ Cynthiana-Harrison County Phillip A. Kerrick, Executive Director Industrial Development Authority: Economic Development cceida.com Lancaster/Garrard Co. Authority: County Seat/State Capital: Nathan Mick, Director Ed Ford, Chairman Frankfort garrardcounty.ky.gov County Seat: Cynthiana H. Gippy Graham, Mayor County Seat: Lancaster Steve Moses, Mayor frankfort.ky.gov/ Brenda Powers, Mayor kcjea.org/harrison.html Judge-Executive: Ted Collins garrardcounty.ky.gov Judge-Executive: Alex Barnett franklincounty.ky.gov Judge-Executive: John Wilson garrardcounty.ky.gov

84 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 69-88.indd 84 8/29/12 1:49 PM JESSAMINE COUNTY LINCOLN COUNTY MADISON COUNTY Estimated 2011 Population: Estimated 2011 Population: Estimated 2011 Population: 49,046 24,731 84,188 No. of households: 17,482 No. of households: 9,983 No. of households: 30,756 Median household income: Median household income: Median household income: $47,494 $32,314 $41,894 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Nancy Stone, Executive Director Andrea E. Miller, Executive Director Mendi Goble, Executive Director jessaminechamber.com lincolncountychamber.com richmondchamber.com Jessamine County Economic Stanford/Lincoln County Richmond Industrial Development Authority: Industrial Development Corp.: Wayne Foster, President Development Authority: James Howard, Executive Director nicholasville.org Matt Belcher, Executive Director richmond-industrial.org County Seat: Nicholasville lincolnky.com County Seat: Richmond Russell Meyer, Mayor County Seat: Stanford Jim Barnes, Mayor nicholasville.org Bill Miracle, Mayor richmond.ky.us Judge-Executive: stanford-ky.com Judge-Executive: Kent Clark William Neal Cassity Judge-Executive: William G. Demrow madisoncountyky.us jessamineco.com lincolnky.com

MERCER COUNTY NICHOLAS COUNTY Estimated 2011 Population: Estimated 2011 Population: 7,071 21,282 No. of households: 2,741 No. of households: 8,464 Median household income:$40,259 Lexington CVB photo Median household income: Chamber of Commerce: $47,955 Sue Conley, President Chamber of Commerce: carlisle-chamber.com Brenda Sexton, Executive Director Carlisle/Nicholas County mercerchamber.com Industrial Authority: Harrodsburg/Mercer County Duane Kenney, Chairman Industrial Development County Seat: Carlisle Authority: Kevin Booth, Mayor Drew Dennis, Executive Director nicholascounty.ky.gov mercerkybusiness.com Judge-Executive: Kenneth Lyons County Seat: Harrodsburg nicholascounty.ky.gov Lonnie Campbell, Mayor harrodsburgcity.org Judge-Executive: Milward Dedman mercercounty.ky.gov Midway and many towns offer shopping and more.

POWELL COUNTY SCOTT COUNTY WOODFORD COUNTY Estimated 2011 Population: Estimated 2011 Population: Estimated 2011 Population: 12,651 48,149 24,945 No. of households: 4,701 No. of households: 17,242 No. of households: 10,001 Median household income: Median household income: Median household income: $31,815 $58,028 $56,537 Powell County Industrial Chamber of Commerce: Chamber of Commerce: Development Authority: Jack Conner, Executive Director Tami Vater, Executive Director Craig Dawson, Executive Director gtown.org woodfordchamber-ky.com [email protected] Scott County United: Versailles/Woodford County County Seat: Stanton Jack Conner, Director Economic Development James A. Caudill, Mayor gtown.org Authority: powellcounty.ky.gov County Seat: Georgetown Tami Vater, Executive Director Judge-Executive: Everette Varney, Mayor woodfordcountyinfo.com Darren Farmer georgetown-kentucky.com County Seat: Versailles powellcounty.ky.gov Judge-Executive: George Lusby Fred Siegelman, Mayor scottky.com versaillesky.com Judge-Executive: John E. Coyle woodfordcounty.ky.gov

Sources: Kentucky State Data Center (ksdc.louisville.edu), U.S. Census Bureau State & County Quick Facts (quickfacts.census.gov/qfd/states/21000.html), County Websites

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2012 MRBG 69-88.indd 85 8/29/12 1:49 PM ARTS & CULTURE Celebration of Creativity Central Kentuckians recognize and support many arts and cultural activities Lexington CVB photo

EXINGTON swelled with pride theaters, craft centers, concerts, festivals Woodsongs Old-Time Radio Hour, hosted when Nikky Finney won the 2011 and community events. by Michael Johnathon, celebrates grass-roots Americana music during a weekly live show LNational Book Award for poetry Venues for concerts and other available on TV and radio and worldwide on for her collection titled “Head Off & performances in and near downtown the Internet. The program is produced at the Split.” Finney teaches in the University Lexington include the Kentucky Theater, Kentucky Theatre. of Kentucky English Department and is a the historic Lexington Opera House, Provost’s Distinguished Service Professor. Lyric Theater & Cultural Arts Center, the major singers in the world who want to Her honor was the latest for a resident and Rupp Arena, which can seat 23,000 pursue a career in opera or concert work,” of Central Kentucky, which supports people. In October 2011, the Boston said Dr. Everett McCorvey, the program’s many arts and cultural activities with Pops Orchestra visited Rupp Arena to director. “We feel that we have a world- an abundance of galleries, museums, help celebrate the 75th anniversary of class opera program here and we have

Staff photo Keeneland Race Course in a special “Post always had as our goal is to be the best Time With the Pops” performance. training program for young The concert, which also included the singers in the country. We UK Symphony Orchestra, featured music have the facilities and the that showcased references to the horse in faculty to be that. We are three distinct performance segments, as interested in the serious well as in vignettes related to Keeneland’s student who wants to share history. Concert proceeds went to the in that goal.” James M. Clark, Lee T. and Patsy Todd Music Outreach Other performance President/CEO, Endowment at the UK Symphony, created facilities in the area include LexArts as part of a three-year commitment by the Singletary Center for Keeneland and Maker’s Mark, the world- the Arts on UK’s campus; Transylvania famous Kentucky bourbon distillery, University’s Haggin Auditorium and to raise money for a unique extension Morlan Gallery; the Norton Center for the program highlighting music outreach in Arts at Centre College in Danville; and the schools throughout the state. Center for the Arts at Eastern Kentucky UK also has a noted opera program University in Richmond. Opened in 1922, the Kentucky Theatre in that draws widespread attention. In Lexington and across Central downtown Lexington offers first-run and “The reason we have an opera program Kentucky, the arts are alive and well independent movies, concerts and other events. is because we are interested in attracting for people of all ages. Central Library,

86 The Lane Report’s 2012-2013 Market Review of Central Kentucky lanereport.com

2012 MRBG 69-88.indd 86 8/29/12 1:49 PM Above: Steve Wilson, CEO of 21c Museum Hotels, introduces the blue penguin that will be a visual symbol at the new Lexington 21c hotel, similar to the red penguin at the original hotel in Louisville.

Right: The 2012 Francisco’s Farm Arts Festival in Midway showcased more than 100 artists from 12 states.

the downtown branch of the Lexington and history, enjoy Kentucky cuisine, Following are a number of arts and Public Library, is the home of the world’s and learn about the commonwealth. In cultural activities and organizations. All largest ceiling clock, a ﬁve-story Foucault December 2011, USA Today made the are in Lexington unless indicated. pendulum, and a frieze depicting the center the ﬁrst of 20 craft galleries in the history of the horse in the Bluegrass and of U.S. included in a “10 Great Places to Actors Guild of Lexington noted African-American jockeys. Central Shop at Crafts Galleries” feature article. actorsguildoflexington.org Library also includes a gallery, a theater and In June 2012, Americans for the AFB Woodland Art Fair the Kentucky Room of historic documents. Arts, a national organization that lexingtonartleague.org/woodland Located 45 miles south of Lexington supports the arts and culture through Arts Commission of Danville/Boyle County is Berea, a vibrant arts community that private resource development, honored dcb-arts.org features shops, working artisan studios Alltech of Nicholasville, Ky., and nine Art Museum at the and retail galleries. The Kentucky other companies in the country for University of Kentucky Artisan Center at Berea on Interstate 75 their exceptional commitment to the uky.edu/ArtMuseum welcomes visitors to shop for Kentucky arts through grants, local partnerships, ArtsPlace, Lexington products, experience Kentucky volunteer programs, matching gifts, lexarts.org hospitality, explore Kentucky crafts sponsorships and board membership. Berea Arts Council Berea – bereaartscouncil.org Berea Arts Festival Berea – bereacraftfestival.com Berea Folk Arts and Crafts Berea Tourism Center – berea.com Bluegrass Area Jazz Association bajazz.org Bluegrass Theatre Guild Frankfort – bluegrasstheatreguild.org Bluegrass Youth Ballet bluegrassyouthballet.com Carnegie Center for Literacy and Learning carnegieliteracy.org Central Kentucky Youth Orchestras ckyo.org Citizens Create! citizenscreate.org Downtown Arts Center lexarts.org Kentucky Crafted: The Market presents the works of the state’s artists and craftspeople at the Lexington Convention Center.

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2012 MRBG 69-88.indd 87 8/29/12 1:49 PM ARTS & CULTURE

Eastern Kentucky University Center for the Arts Richmond – ekucenter.com Festival of the Bluegrass festivalofthebluegrass.com Francisco’s Farm Arts Festival Midway – franciscosfarm.org Gallery Hop galleryhoplex.com Grand Theater Frankfort – grandtheatrefrankfort.org Great American Brass Festival Danville – gabbf.org Headley-Whitney Museum headley-whitney.org Lexington CVB photo Jazz Arts Foundation Inc. jazzartsfoundation.org Above: The Headley-Whitney Museum is Kentucky Artisan Center at Berea dedicated to the decorative arts, including Berea – kentuckyartisancenter.ky.gov furniture, textiles, ceramics and jewelry. Kentucky Arts Council Frankfort – artscouncil.ky.gov Right: All ages of Central Kentuckians enjoy and pursue many forms of music, from Bluegrass Kentucky Ballet Theatre to classical. kyballet.com Kentucky Guild of Artist & Craftsmen Berea – kyguild.org Leeds Center for the Arts Kentucky Repertory Dance Theatre Winchester – leedscenter.com krdt.org LexArts Kentucky Theater lexarts.org kentuckytheater.com Lexington Art Factory Staff photo lexartfactory.com Lexington Art League

lexingtonartleague.org photo Staff Lexington Ballet Lyric Theatre & Cultural Arts Center lexingtonballet.org lexingtonlyric.com Lexington Chamber Chorale Mayfest Art Fair lexingtonchamberchorale.org downtownlex.com/mayfest-arts-fair Lexington Children’s Theatre Moondance at Midnight Pass lctonstage.org Amphitheater Lexington Opera House moondancelex.com lexingtonoperahouse.com Norton Center for the Arts Lexington Opera Society Danville – nortoncenter.com lexingtonopera.com Pioneer Playhouse The Lexington Philharmonic Danville – pioneerplayhouse.com lexphil.org Red Barn Radio Above: Central Library is one of six branches Lexington Public Library redbarnradio.com lexpublib.org of the Lexington Public Library. Richmond Area Arts Council The Lexington Singers artsinrichmond.org lexingtonsingers.org Below: The Lyric Theatre & Cultural Arts Center, Rose Barntheater at Battlefield Park once a thriving entertainment centerpiece for Living Arts & Science Center Richmond – rosebarntheater.org Lexington’s Africa-American families, has been lasclex.org renovated and expanded. Singletary Center for the Arts uky.edu/SCFA Staff photo Southwind Drum & Bugle Corps southwind.org Studio Players studioplayers.org University of Kentucky Art Museum uky.edu/artmuseum Woodford Theater Versailles – woodfordcountytheater.com Woodsongs Old-Time Radio Hour woodsongs.com Yuko-En On the Elkhorn, the Official Kentucky-Japan Friendship Garden Georgetown – yuko-en.com l

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