USINESS OCUS BOFFICIAL PUBLICATION OF COMMERCE LEXINGTON INC. F OCTOBER 2017 VOLUME XXV, ISSUE X Oct. 24th SPOTLIGHT Series Features Fayette Commonwealth’s Attorney Lou Anna Red Corn PRESENTED BY INSIDE THIS ISSUE: Kentucky Regional Tour Heads to Louisville Region Oct. 16-17 @330: Protect Your Company’s Data Against Cyber-Attacks Lexmark International Hosts Business Link on November 2 Photos & Recaps from Business on the Green, South Africa Trip www.CommerceLexington.com BUSINESS FOCUS October 2017: Volume XXV, Issue X INSIDE THIS ISSUE ECONOMIC DEVELOPMENT: Association of Chamber of Commerce Executives 4 KITO U.S.A. Breaks Ground on Expansion in BG Business Park Blue Grass Stockyards Officially Opens State-of-the-Art Facility 2016 Chamber Global Executive Breakfast Forum Features Governor Matt Bevin of the Year STAT OF THE MONTH: Impact of Equine Industry in Lexington Business Focus is published once a month for a total of 12 issues per year by Commerce EVENTS: Lexington Inc., 330 East Main Street, Suite 100, Lexington, KY 40507. Phone: (859) 226-1600 6-13 Kentucky Regional Tour to Visit, Study Louisville Region SPOTLIGHT Features Fayette Prosecuting Attorney Red Corn 2017 Chair of the Board: @330 Series: Protect Your Data from Cyber-Attacks Carla Blanton, President Lexmark Hosts Next Business Link on November 2nd Carla Blanton Consulting 2017 Business on the Green Recap & Photos Publisher: RECAP: Nearly 70 People Participate in South Africa Trip Robert L. Quick, CCE, President & CEO Commerce Lexington Inc. Editor: Mark E. Turner GET CONNECTED: Communications Specialist: Elizabeth Bennett 14-19 Commerce Lexington Inc. Social Media Guide Printing: Post Printing 2017 Winner’s Circle Maintains Steady Progress Mail Service: SouthEast Printing & Mailing AMBASSADOR SPOTLIGHT: Dwayne Edwards Service, LLC (2610 Palumbo Drive) Leadership Development Program Recaps Subscriptions are available for $12 and are Welcome New Commerce Lexington Inc. Members included as a direct benefit of Commerce Member Personnel Announcements & Awards Lexington Inc. membership. Business Focus (USPS 012-337) periodical postage paid at Lexington, Kentucky. POSTMASTER : Send address corrections to Business Focus, Commerce Lexington Inc., WHAT 2 WATCH 4 P.O. Box 1968, Lexington, KY 40588-1968. Display Rates For DISPLAY RATES in Business Focus, con - tact Dana Zinger at (859) 226-1607 or [email protected], and an Oct. 24th SPOTLIGHT Series to 2017 Kentucky Regional Tour account executive will contact you . Feature Fayette Commonwealth’s Takes Delegation to Louisville Attorney Lou Anna Red Corn Region October 16-17 Personnel Updates Submit your company’s awards and mile - stones or personnel changes and additions to [email protected]. Personnel news might include promotions, additions, awards and milestones, recogni - tions and certifications and/or appoint - ments. Information is published only as Oct. 10th @330 Series Helps You Lexmark International Hosts space permits. Protect Your Company’s Data next CLX Business Link event From Cyber-Attacks on Thursday, November 2nd 2 BUSINESS FOCUS OCTOBER 2017 Commerce Lexington Inc.’s EMERGE Conference received an Excellence Award from the Kentucky Chamber of Commerce Executives (KCCE). Left to right: Brad Richardson, current KCCE President & President of the Hardin Co. Chamber of Commerce; Kristie Woodrum, CLX Business Development Manager; Dana Zinger, CLX Assistant VP, Membership Development; Matt Valego, Infintech & sponsor of the annual KCCE Conference; and Amy Cloud, KCCE Executive Director. EMERGE Recognized With Statewide KCCE Excellence Award At the 52nd annual Celebration of the Kentucky Chamber of Commerce Executives (KCCE), Commerce Lexington Inc.’s EMERGE Conference was recognized with an Excellence Award in the Outstanding Special Event Category (Group V). The KCCE Excellence Awards recognize superior achievement and professional excellence among local chambers throughout Kentucky, with awards presented in commu - nications, membership and special events, as well as to top volunteers, staff members and executives. Commerce Lexington’s annual EMERGE Conference brings together entrepreneurs, emerging leaders, business professionals, and community members. The event was created following the organization’s Leadership Visit to Omaha, Nebraska, in 2013, during which there was a heavy focus on how that city engaged its young profes - sionals and leveraged its YP network. In its first four years, EMERGE has grown rapidly, with more than 400 people attending the 2017 conference. The Emerge conference engages the next generation of leaders through networking, as well as education through breakout ses - sions in the areas of community engage - ment, professional development and per - sonal growth. The 2017 event included a luncheon, keynote speakers, networking reception, and the opportunity to develop stronger ties to our community. OCTOBER 2017 BUSINESS FOCUS 3 ECONOMIC DEVELOPMENT A Collaborative Effort of the Bluegrass Business Development Partnership (BBDP): SUBMITTED BY : Gina Greathouse, Hannah Crumrine, Kimberly Rossetti & Allison Boyd | CLX Economic Development Division KITO U.S.A. Breaks Stat of the Month: Ground on Expansion Impact of Equine On August 30, KITO U.S.A., a Japanese manufacturer of robotic welding equip - Industry in Lexington is ment, broke ground on its expansion in the Blue Grass Business Park. They Substantial to Economy were the second business to locate in The equine industry is a leading sector of Commerce Lexington's business park in 1997 and have continued to grow their Kentucky’s economy, and Lexington is a sub - operation. Congratulations on your stantial part of that industry. With 24,600 hors - expansion! es in Lexington’s approximate 280 square miles, Lexington takes up less than one percent of Kentucky’s land but is home to 10-percent of Kentucky’s horses, according to the Kentucky Blue Grass Stockyards Opens State-of-the-Art Facility Equine Survey. To measure Lexington’s equine industry, consider the location quotient, which On September 8, Mayor Jim Gray and quantifies an industry’s concentration in a Commerce Lexington Inc. joined the region compared to the nation. An LQ of Blue Grass Stockyards and other digni - greater than one signals a regional strength. taries in celebrating the grand opening The industry with the largest LQ in Lexington is of its new state-of-the-art facility. The horses and other equine production (NAICS 232,000-square foot facility, located off I- 11292), at 78.94 (U.S. Bureau of Labor 75 near the Kentucky Horse Park Statistics, 2016). includes 40,000 square feet of office and In other words, horses are Lexington’s most retail space. There’s a Regional unique industry and the share of equine Marketplace at the Stockyards, featuring employees in Lexington is 79 times higher than over 20 businesses, including Bromagen the national share. Over 630 people were Commodities, a broker; the Chop Shop, employed in Lexington’s equine industry in a local meat market; a restaurant, cloth - 2016, averaging an annual salary of $40,770. ing store and all kinds of services cattle Looking at the region, the Lexington MSA has farmers need. Congratulations to the the second largest LQ in the country at 118.02. Stockyards on this exciting new facility! Gov. Bevin Speaks at Global Executive Breakfast Forum By The Numbers: In 2017, Commerce Lexington’s Commerce Lexington attended the World Economic Development Division Trade Center’s Global Executive Breakfast responded to calls from the following: in August at the Governor’s Mansion in Frankfort. Governor Bevin was the keynote New Business: 79 new prospects speaker focusing on boosting Kentucky interested in finding a new location exports and increasing foreign direct or expanding operations investment, which was followed by four Existing Clients & Local panelists from across the state. One pan - Entrepreneurial Companies: 36 elist was a representative of the Bluegrass companies with potential expansions Economic Advancement Movement in Lexington (BEAM) region and spoke on the work our Client Visits: 16 team is doing with the middle market, Existing Business Visits: 129 exports, mergers and acquisition, and market prioritization. Photo Courtesy of the Kentucky Chamber of Commerce. www.LocateinLexington.com | www.twitter.com/locateinlex | www.facebook.com/locateinlex 4 BUSINESS FOCUS OCTOBER 2017 EVENTS KENTUCKY REGIONAL TOUR | O CTOBER 16-17, 2017 | REGISTER NOW! Kentucky Regional Tour Delegation to Visit and Study Louisville Region PRESENTED BY : Lexington may be only about an hour away from Louisville, but how much do you really know about the city and region? We’ve all gone to concerts, basketball games, performances, meetings, and eaten at many great restau - rants, but there is so much more to one of nation’s top metros that you may not know. PLATINUM SPONSORS During the 2017 Kentucky Humana Regional Tour presented by Stoll Kentucky Distillers’ Association Keenon Ogden, PLLC , on October LG&E / KU Energy 16-17 , you’ll have an exclusive opportunity to learn about the at Jim Beam Urban Stillhouse at 4th Street Live. University of Kentucky Athletics innovations driving Louisville’s national attention WesBanco In 2009, Commerce Lexington Inc. revived a and experience things that you may not have been long-ago tradition of visiting other areas of WindstreamCommunications aware of, all while networking with a delegation of Kentucky with the goal of listening and learning about 50-60 Lexington