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HILLIARD Lyons April Lane CoversJM.qk:Layout 1 4/2/10 4:13 PM Page 991 TOURISM & AUTO MANUFACTURING The LaneReport ® KENTUCKY’S BUSINESS NEWS SOURCE FOR 25 YEARS APRIL 2010 $4.50 KENTUCKY BRIDGES, NATIONAL IMPACT Enhanced Ohio River crossings will alleviate U.S. transportation and commerce chokepoints Page 24 lanereport.com LANE ONE-ON-ONE: MARCHETA SPARROW Secretary of Tourism, Arts, and Heritage Cabinet April Lane CoversJM.qk:Layout 1 4/2/10 3:04 PM Page 992 April Lane 1-23JM.qk:Layout 1 4/2/10 2:23 PM Page 1 April Lane 1-23JM.qk:Layout 1 4/2/10 2:24 PM Page 2 APRIL The 2010 Lane Report ® Kentucky’s Business News Source For 25 Years Volume 25 Number 4 FEATURES 24 COVER STORY: KENTUCKY BRIDGES, NATIONAL IMPACT Enhanced Ohio River crossings will alleviate U.S. transportation and commerce chokepoints 28 PUTTING RECALLS IN 28 THE REARVIEW MIRROR Toyota gives its top Kentucky executive St. Angelo key quality control oversight role for company 32 LUXURY & SOPHISTICATION Six Kentucky hotels rate one of AAA’s highest stamps of approval for service with style 34 VISITORS STILL MAKING WAVES 34 Out-of-state rivals’ claims of Lake Cumberland’s demise are greatly exaggerated DEPARTMENTS 4 Perspective 6 Fast Lane 16 Interstate Lane 17 Kentucky Intelligencer 18 Corporate Moves 19 On the Boards 20 Lane One-on-One: Marcheta Sparrow Secretary of the Tourism, Arts and Heritage Cabinet 36 Marketing 37 Economic Commentary 38 Spotlight on the Arts 39 The Lane List 40 Exploring Kentucky 24 42 Passing Lane 44 Kentucky People ON THE COVER The sun rises March 30 on the Clark Memorial Bridge between Louisville and New Albany, Ind. The Ohio River Bridges Project now moving forward will add 12 new traffic lanes across the river in and near downtown Louisville. The project will relieve congestion for Louisville and Southern Indiana, and improve commerce from Gary, Ind., to Mobile, Ala. Ralph Homan photo KENTUCKY BUSINESS NEWS AVAILABLE ONLINE 2 FEBRUARY 2010 KYBIZ.COM • THE LANE REPORT April Lane 1-23JM.qk:Layout 1 4/2/10 2:24 PM Page 3 April Lane 1-23JM.qk:Layout 1 4/2/10 2:24 PM Page 4 The PERSPECTIVE Lane Report ® Kentucky’s Business News Source for 25 Years EDITORIAL DIRECTOR SUPPORTING THE colleagues for their support of the infa- Mark Green mous “Greed Bill,” which granted ASSOCIATE EDITOR LAWS OF THE LAND extraordinary retirement income ben- Karen Baird efits to special groups of state legisla- CREATIVE DIRECTOR Nation needs leaders who are tors. While it did not set well with his Jessica Merriman willing to risk power for principles colleagues, he knew it was the proper CORRESPONDENTS position and his integrity commanded Amanda Arnold; Rena Baer; him to stand up for principle and Shannon Leonard Boone; BY PAT FREIBERT Katherine Tandy Brown; Patrice Bucciarelli; against the elitist self-interests. Anne Charles Doolin; Debra Gibson; Congress and the administration must Susan Gosselin; Carl Heltzel; Feoshia Henderson; HILE the word “integrity” is a grow some backbone in facing up to their Kara Keeton; Meredith Lane; Nancy Miller; bit difficult to define, we all folly and fantasy of explosive spending Dennis O’Connor; Robin Roenker; know what it means when we without any ability to pay for it. It demon- Robyn Sekula; Eddie Sheridan; Wsee it. And we saw it recently when Ken- strates a complete lack of integrity and Don Ray Smith; Gary Wollenhaupt tucky U.S. Sen. Jim Bunning stood plain good sense to continue this agenda SYNDICATED COLUMNS alone on the Senate floor to object to of dependency and profligate expansion Creators Syndicate what he knew was an illegitimate of government. Croesus himself could not DESIGN afford the outrageous spending and gov- Stone Advisory ernment expansion presently occurring in PRINTING, OUTPUT & PRE-PRESS SERVICES Pat Freibert Washington. Publishers Printing Co. (patfreibert@ There is no need for all things to ■ lanereport.com) come from government or for all things PUBLISHER is a former Kentucky to come under the control and power of Ed G. Lane state representative government. In fact, government has a ASSOCIATE PUBLISHERS from Lexington way of strangling good community ini- Dick Kelly tiatives with layers of rules and regula- Robin Lachapelle Donna Hodsdon tions. America is a great country, not Lisa Turner attempt to pass a new spending bill with- only because of the genius of its founders in developing our Constitu- BUSINESS MANAGER out providing the money to pay for it. Jim Curry He and the entire Senate knew that the tion but also because of the helping spirit of our country’s civic volunteers. CHIEF FINANCIAL OFFICER measure containing extended unem- Steve Rohlfing, CPA ployment benefits and transportation History is replete with legions of pri- vate citizens who have built and CIRCULATION projects would pass, but that was not the P&B Services question at hand. strengthened communities for genera- tions. Some are unknown outside their COMPTROLLER The question at hand was whether Alma Kajtazovic the Senate would obey the law and pro- own communities, yet their footprints vide the money to fund the legislation, loom large as they have guided, lifted Lane Communications Group is a member of as is required by a very recent mandate and uplifted the civic lives of others signed into law by the president. The around them. requirement, known as “Pay Go,” pro- Businesses, corporations and individu- vides that any future spending legisla- als performing acts of civic kindness and The Lane Report is published monthly by: tion must be accompanied by necessary charity impact how all of us live and work Lane Communications Group funds to pay for implementation. In every day. They leave a legacy of volun- 201 East Main Street 14th Floor other words, new spending shall no teerism and fulfillment of social responsi- Lexington, KY 40507-2003 longer be placed on the nation’s credit bility to their communities in Kentucky [email protected] card to burden future generations. and America. No government commands For more information and Apparently Sen. Bunning takes his these things and no government can repli- advertising rates contact: PHONE: 859-244-3500 oath of office seriously when it comes cate them. In a culture that emphasizes FAX: 859-244-3555 to supporting the Constitution and the living for the moment, they affirm an The annual subscription rate is $29. laws of the land. Too many in public older and more lasting set of priorities. As (Kentucky residents add $1.74 sales tax.) office today demonstrate a more cava- citizens, we need to stand with these peo- Newsstand price is $4.50. lier attitude about the Constitution ple and these values. They are the founda- Send check or money order to: and the laws of the land, especially tion of our free society. Circulation Manager THE LANE REPORT when presented with opportunities to Integrity commands that budgets be 201 East Main Street 14th Floor pass out favors to special constituencies balanced, whether for families or gov- Lexington, Kentucky 40507-2003 without regard to where the money will ernments. And it commands that prom- THE LANE REPORT corrects all significant errors that come from. Bunning, former Major ises be kept and that oaths be taken are brought to the editors’ attention. League baseball pitcher, member of seriously. It commands forthrightness, © 2010 Lane Communications Group the U.S. House of Representatives and fairness and personal responsibility. A All editorial material is fully protected and must not be country cannot endure unsustainable reproduced in any manner without prior permission. state legislator, has a history of being unafraid to stand for what is right – debt and uncontrolled spending for- irrespective of political consequences. ever, and Americans must choose their Years ago in the Kentucky State Sen- political leaders from among those who ate, he stood on the floor to chastise understand this axiom. ■ 4 APRIL 2010 KYBIZ.COM • THE LANE REPORT April Lane 1-23JM.qk:Layout 1 4/2/10 2:24 PM Page 5 April Lane 1-23JM.qk:Layout 1 4/2/10 2:24 PM Page 6 FAST LANE A compilation of economic news from across Kentucky LOUISVILLE: SIGNATURE HEALTHCARE ANNOUNCES PLANS LOUISVILLE: 500 JOBS TO BE TO ESTABLISH NATIONAL HEADQUARTERS IN LOUISVILLE ELIMINATED AT JEWISH & Signature HealthCare photos IGNATURE HealthCARE, a long-term health- ST. MARY’S HEALTHCARE care facility operator based in Palm Beach Gar- dens, Fla., has announced that the company is ITING the strain of lower patient Smoving its national headquarters to Louisville. volumes combined with an increase The move will initially create 96 new jobs in the in uninsured patients, Jewish Hos- Cpital & St. Mar y’s HealthCare is eliminat- commonwealth and is expected to grow to more than 120 jobs with an average annual wage of more ing 500 positions, according to a report by than $75,000, excluding benefits. The (Louisville) Courier-Journal. Four Courts at Cherokee Park in Signature currently The job cuts represent approxi- Louisville is one of the 66 long-ter m mately 6 percent of the company’s total healthcare facilities operated by employs nearly 11, 000 and Signature HealthCARE. operates 66 long-term health- 8,100-member workforce. care facilities in seven South- Company officials said that of the 500 eastern states, 17 of which are located in Kentucky. positions being eliminated, some 250 jobs In announcing the company’s decision to relocate, Signature will be eliminated through attrition and President and CEO E. Joseph Steier III noted that Louisville pro- productivity improvements. vides a central location, rich university partnerships and a strong Janice James, transitional CEO of the talent pool to fuel aggressive company growth.
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