Salute to Small Business Awards Luncheon Is Friday, August 28Th PRESENTED BY
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USINESS OCUS BOFFICIAL PUBLICATION OF COMMERCE LEXINGTON INC. F AUGUST 2015 VOLUME XXIII, ISSUE VIII Salute to Small Business Awards Luncheon is Friday, August 28th PRESENTED BY Congratulations to the 2015 Salute to Small Business Category Award Winners: • CDP Engineers, Inc. • Crank & Boom Ice Cream Lounge • Downtown Lexington Corp. • Holiday Inn Express Hotel & Suites • Integrated Engineering, PLLC • Milward Funeral Directors www.CommerceLexington.com BUSINESS FOCUS August 2015: Volume XXIII, Issue VIII INSIDE THIS ISSUE ECONOMIC DEVELOPMENT: BBDP Showcases Biotech in the Bluegrass at BIO Convention 4-5 Business Focus is published once a month for a Kentucky Among Top States for Economic Development total of 12 issues per year by Commerce STAT: Economic Contribution of Local Auto Industry Lexington Inc., 330 East Main Street, Suite 100, Next Opportunity Exchange Event is Thursday, Sept. 10th Lexington, KY 40507. Phone: (859) 226-1600 2015 Chairman of the Board: PUBLIC POLICY: Herb Miller, President Columbia Gas of Kentucky 6 Central KY Leaders Advocate for Bluegrass Region on Capitol Hill Publisher: Robert L. Quick, CCE, President & CEO EVENTS: Commerce Lexington Inc. 7-14 Register Now for International Trip to Croatia, Nov. 6-14 Business On The Green is August 10th at Andover Editor: Mark E. Turner Special ‘LINK AT THE LEGENDS’ is August 18th Communications Specialist: Elizabeth Bennett Printing: Post Printing SALUTE TO SMALL BUSINESS CATEGORY WINNERS Mail Service: Lexington Herald-Leader Salute to Small Business Awards Luncheon is Aug. 28th @330 Series: Hiring, Developing, Retaining Sales Talent Subscriptions are available for $12 and are included as a direct benefit of Commerce Kentucky Regional Tour Set for September 24-25 Lexington Inc. membership. Business Focus Two Great Good Morning Bluegrass Events Upcoming (USPS 012-337) periodical postage paid at Lexington, Kentucky. GET CONNECTED: POSTMASTER : Send address corrections to Business Focus, Commerce Lexington Inc., 2015 Winner’s Circle Program Kicks Off in August 15-19 P.O. Box 1968, Lexington, KY 40588-1968. Ambassador Spotlight: Howard Stovall, Image360 Leadership Lexington Projects Making a Difference Welcome New Commerce Lexington Inc. Members Display Rates For DISPLAY RATES in Business Focus, con - Member Personnel Announcements & Awards tact Dana Zinger at (859) 226-1607 or [email protected], and an WHAT 2 WATCH 4 account executive will contact you . Personnel Updates Submit your company’s awards and mile - stones or personnel changes and additions to [email protected]. Forcht Bank Presents the 2015 Register Now for August 10th Personnel news might include promotions, Salute to Small Business Awards Business on the Green at additions, awards and milestones, recogni - tions and certifications and/or appoint - Luncheon on Friday, August 28 Andover Golf & Country Club ments. Information is published only as space permits. Cover Design Salute to Small Business Awards design by Stablemate Creative, LLC. Special “LINK” at the Legends New FCPS Superintendent is Tuesday, August 18th, at Emmanuel Caulk Featured at Whitaker Bank Ballpark Sept. 3rd Good Morning BG 2 BUSINESS FOCUS AUGUST 2015 Former Chamber Chair Bruce Cotton Leaves Legacy of Community Involvement The Commerce Lexington Inc. family lost a great sion of Jerrico for 22 years, before leaving in 1997 for a government rela - friend and community leader with the recent pass - tions position at Cracker Barrel. His retirement from Cracker Barrel came ing of Bruce Cotton at age 84. Mr. Cotton served as in 2011. Chairman of the Board of Directors for the Greater In addition to his service as Chairman of the Lexington Chamber, Lexington Chamber of Commerce in 1975. Cotton went on to serve as president of the Kentucky Chamber of Commerce Lexington Inc. President & CEO, Bob Commerce and chairman of the Kentucky Restaurant Association. He Quick, said, “Bruce Cotton was an important also held positions with national organizations, such as the U.S. bridge between the past and present for us here at Chamber of Commerce, National Council of Chain Restaurants, and the Commerce Lexington Inc. He was so eager to par - International Franchise Association, which inducted him into its Hall of BRUCE COTTON ticipate and stay involved well after his service as Fame in 2001. Board Chair. For many years, he was often selected as one of the Past Chair representatives on the board of directors. He was a great friend to Commerce Lexington Inc., and we will miss him greatly.” A Grant County native who grew up on a farm and served in the Air Force, Cotton worked at Transylvania University for 14 years in charge of fundraising and student recruitment. Then, Warren Rosenthal, who was chairman of the restaurant company Jerrico, hired Cotton in the mid-1970’s as director of public affairs. He remained at Jerrico and Long John Silver’s, a chain that began as a divi - Commerce Lexington Inc. Joins Collaborative Safe Communities Initiative At a public announcement on July 27, 2015, at the University of Kentucky’s Boone Center, Commerce Lexington Inc. joined local elected officials, public health professionals, educators and business leaders in a collaborative partner - ship for accreditation of Lexington as a Safe Community under the Safe Communities America program of the National Safety Council. The Safe Communities model aims to reduce needless injuries and deaths by enhancing established safety programs and working across silos to make our community a better place to live, work, and play. This unprecedented part - nership is a model for communities in Kentucky and the United States for organizational, agency, and business partnerships to make our communities safer. Speakers during the event included Deborah Hersman, president and CEO of the National Safety Council, Lexington Mayor Jim Gray, Herb Miller, president of Columbia Gas of Kentucky and 2015 Commerce Lexington Inc. Board Chair, Anthany Beatty, Assistant Vice President for the University of Kentucky, Dr. Rice Leach, Commissioner of the Lexington-Fayette Urban County Health Department, and Aaron Horner from the Kentucky Safety and Prevention Alignment Network. AUGUST 2015 BUSINESS FOCUS 3 ECONOMIC DEVELOPMENT A Collaborative Effort of the Bluegrass Business Development Partnership (BBDP): SUBMITTED BY : Gina Greathouse, Hannah Huggins, Kimberly Rossetti & Allison Boyd CLX Economic Development Division BBDP Representatives Showcase Biotech in the Bluegrass at BIO As a part of the Bluegrass Business Development Partnership (BBDP), Commerce Lexington Inc. and the University of Kentucky exhibited at the 2015 Biotechnology Industry Organization (BIO) International Convention in Philadelphia. BIO is a global biotech conference that draws over 15,000 industry leaders, including 2,500 CEOs, from 50 states and 60 countries. Biotech is a growing industry in Kentucky and is one of Commerce Lexington’s strategic target niches. BIO gives Commerce Lexington an opportunity to showcase Lexington’s strengths in biotech and to network with a variety companies, ranging from start-ups to Fortune 500 companies. This year KentuckyUnited also participated in BIO by host - ing a site selection consultant luncheon in Philadelphia. KentuckyUnited was formed to promote Kentucky as a great place to do business, as well as raise the state’s awareness across the country. This luncheon drew 12 consultants. By attending BIO this year, our team developed leads with five companies that expressed interest in opening operations in Lexington as well as 29 SBIR/STTR companies that are interested in Kentucky’s matching program. Attendees at Kentucky Pavilion learning more about biotech in the state. Kentucky Among Top States for Economic Development in 2015 On July 6, Kentucky Governor Steve Beshear, joined by Mayor Jim Gray, Bob Quick and other com - munity officials, celebrated Kentucky receiving the Governor’s Cup at Xerox. Site Selection magazine named Kentucky the top state for economic develop - ment projects per capita last year and presented the Governor’s Cup to the state earlier this year. Fayette County has played a significant role in growing Kentucky’s economy. Since January 2008, the region announced 115 new and expansion projects, which are projected to create 3,702 jobs and nearly $377.5 million in new investment. PICTURED LEFT TO RIGHT: Commerce Lexington Inc. President and CEO Bob Quick, Lexington-Fayette Urban County Councilmember Jennifer Scutchfield, Kentucky Governor Steve Beshear, Lexington Mayor Jim Gray, and Lexington-Fayette Urban County Councilmember Shevawn Akers. www.LocateinLexington.com | www.twitter.com/locateinlex | www.facebook.com/locateinlex 4 BUSINESS FOCUS AUGUST 2015 ECONOMIC DEVELOPMENT Stat of the Month: Manufacturers’ Networking Group Economic Contribution of Local Auto Industry Kentucky’s automotive industry is among the best in the nation, and Lexington is in the center. According to the Kentucky Automotive Industry Association (KAIA), there are 97 automotive-related manufac - turing facilities in the Bluegrass, represent - ing over 20 percent of all auto-related busi - nesses in Kentucky. In the Lexington Region, over 12,200 people are directly employed by an automotive-related busi - ness, and 41,700 total jobs are supported by the automotive industry with a total pay - roll of $1.88 billion. As a result, the Lexington Region receives almost $20 mil - lion in local occupational tax revenues every year and contributes about $344 million to state