Business and the Economy http://weku.fm en Kentucky Bourbon Inventory Tops 5 Million Barrels http://weku.fm/post/kentucky-bourbon-inventory-tops-5-million-barrels <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">Kentucky bourbon makers are churning out larger volumes of whiskey being stored for aging.</p><p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px;">The Kentucky Distillers' Association said Tuesday the state's bourbon inventory has topped 5 million barrels for the first time since 1977.</p><p> Tue, 22 Jul 2014 19:21:57 +0000 Associated Press 62787 at http://weku.fm Kentucky Bourbon Inventory Tops 5 Million Barrels Technology Helps Kentucky Farmers Save Money and Beef Up Livestock http://weku.fm/post/technology-helps-kentucky-farmers-save-money-and-beef-livestock <p></p><p><span style="line-height: 1.5;">Making hay in Kentucky has more to do with science than with what the feed looks like.&nbsp; Knowing what's inside their hay can save farmers dollars and help produce healthier livestock.</span></p><p></p> Thu, 17 Jul 2014 20:16:13 +0000 Stu Johnson WEKU News 62583 at http://weku.fm Big Tobacco Merger, Cool Temperatures on Minds of Burley Growers http://weku.fm/post/big-tobacco-merger-cool-temperatures-minds-burley-growers <p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;</p><p>Central Kentucky tobacco growers&nbsp;this summer are feeling the impact of the unseasonably cool weather. Growers are also feeling the effect of decisions made in the board room.</p><p></p><p></p> Wed, 16 Jul 2014 02:40:56 +0000 Stu Johnson WEKU News 62493 at http://weku.fm Big Tobacco Merger, Cool Temperatures on Minds of Burley Growers Morehead Mill to Help Keep Barrels Rolling http://weku.fm/post/morehead-mill-help-keep-barrels-rolling <p></p><p><span style="line-height: 1.5;">A Morehead wood mill scheduled to open early next year is expected to help keep bourbon barrels rolling out of Lebanon, Kentucky. &nbsp;</span></p> Mon, 14 Jul 2014 01:32:52 +0000 Stu Johnson WEKU News 62373 at http://weku.fm Morehead Mill to Help Keep Barrels Rolling Plant Groundbreaking Helps Reinforce Economic Recovery http://weku.fm/post/plant-groundbreaking-helps-reinforce-economic-recovery <p></p><p><span style="line-height: 1.5;">An economics researcher says a groundbreaking for an aluminum plant in western Kentucky sends a bigger message about economic recovery.&nbsp; Governor Steve Beshear, who was joined by other public and private sector officials, broke ground last week on a $150 million dollar aluminum production plant in Bowling Green.&nbsp;</span></p><p></p><p></p><p></p> Mon, 07 Jul 2014 21:13:20 +0000 Stu Johnson WEKU News 62082 at http://weku.fm Plant Groundbreaking Helps Reinforce Economic Recovery Kentucky Job Growth Seen at Slower Pace than National Average http://weku.fm/post/kentucky-job-growth-seen-slower-pace-national-average <p></p><p><span style="line-height: 1.5;">A federal labor department report released&nbsp;Thursday&nbsp;shows higher than anticipated job creation for June across the U.S.&nbsp; State Economist Manoj Shanker&nbsp;is also&nbsp;seeing&nbsp;employment gains in many Kentucky counties. "Compared to a year ago, 111 counties out of 120 are doing better than they were a year ago,” says Shanker.&nbsp;&nbsp;“As the state economy improves, it's almost evenly split, except for some parts of eastern Kentucky.”</span></p><p></p><p></p> Fri, 04 Jul 2014 01:20:59 +0000 Stu Johnson WEKU News 61947 at http://weku.fm Kentucky Job Growth Seen at Slower Pace than National Average Gas Prices Could Vary Greatly Across Kentucky This Weekend http://weku.fm/post/gas-prices-could-vary-greatly-across-kentucky-weekend <p></p><p></p><p>Motorists traveling from one end of Kentucky to another this holiday period could see a differing range of gasoline prices.&nbsp; GasBuddy-Dot-Com Petroleum Analyst Patrick Dehaan&nbsp;says the lowest-priced gas is found near Bowling Green at three dollars 34 cents a gallon.&nbsp; Compare that to Louisville where travelers may find prices hovering around four dollars a gallon.&nbsp;</p><p></p><p></p> Wed, 02 Jul 2014 20:13:19 +0000 Stu Johnson WEKU News 61870 at http://weku.fm Gas Prices Could Vary Greatly Across Kentucky This Weekend Economist Says Advanced Manufacturing Should Include Infrastructure Focus http://weku.fm/post/economist-says-advanced-manufacturing-should-include-infrastructure-focus <p></p><p></p><p>The mayors of Kentucky's two largest cities continue to promote an advanced manufacturing economic agenda. &nbsp;A university economist yesterday&nbsp;cited&nbsp;the state's diverse business makeup as one of its strongest attributes.</p><p></p> Fri, 27 Jun 2014 02:48:15 +0000 Stu Johnson WEKU News 61629 at http://weku.fm Economist Says Advanced Manufacturing Should Include Infrastructure Focus Honey, Fast Cars Make the Scene at Weekend NASCAR Event http://weku.fm/post/honey-fast-cars-make-scene-weekend-nascar-event <p></p><p><span style="line-height: 1.5;">NASCAR fans could get a taste of Kentucky honey this weekend. Honey produced in Letcher County will be part of the Kentucky Proud display on Saturday during the Quaker State 400 at Kentucky Speedway in Sparta.</span></p><p></p><p>In collaboration with the state agriculture department, Kentucky Proud products will be served at the Sparta track for the remainder of the racing season.&nbsp;&nbsp;</p><p></p> Fri, 27 Jun 2014 02:42:26 +0000 Stu Johnson WEKU News 61628 at http://weku.fm Honey, Fast Cars Make the Scene at Weekend NASCAR Event UK, City of Lexington to Meet on Rupp Project http://weku.fm/post/uk-city-lexington-meet-rupp-project <p></p><p></p><p>Lexington Mayor Jim Gray and University of Kentucky President Eli Capilouto are scheduled to meet later this week to discuss the Rupp Arena Project.&nbsp; The meeting this Thursday came at the request of Gray.&nbsp; Governor Steve Beshear supports the reinvention of Rupp and construction of a new convention center.&nbsp;</p><p></p><p></p><p></p> Tue, 10 Jun 2014 02:45:46 +0000 Stu Johnson WEKU News 60780 at http://weku.fm UK, City of Lexington to Meet on Rupp Project 400 Mile Yard Sale to Stretch Across Kentucky http://weku.fm/post/400-mile-yard-sale-stretch-across-kentucky <p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;<span style="line-height: 1.5;">Four hundred miles worth of bargains are coming to a&nbsp;yard sale near you. &nbsp;This weekend marks the 11th&nbsp;U-S 68 cross state&nbsp;yard sale.&nbsp;</span></p><p></p><p>Trucks and tractors full of potential sales gathered outside the gate of the Servant Heart Farm Wednesday, waiting for the padlock to come off.&nbsp;</p><p></p><p></p> Thu, 05 Jun 2014 02:26:59 +0000 Stu Johnson WEKU News 60589 at http://weku.fm 400 Mile Yard Sale to Stretch Across Kentucky Eastern Kentucky Bee Specialist Set to Begin New Role as State Apiarist http://weku.fm/post/eastern-kentucky-bee-specialist-set-begin-new-role-state-apiarist <p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;<span style="line-height: 1.5;">Kentucky's new state apiarist sees her primary role to increase bees and beekeepers across the Commonwealth.&nbsp; Tammy Horn will join the State Department of Agriculture in just over a week.</span></p><p></p><p></p><p>Tammy Horn is a senior researcher at Eastern Kentucky University and nationally known beekeeping authority.&nbsp; Significant bee loss problems have caused great concern for honey makers for several years.&nbsp;</p><p></p><p></p><p></p> Mon, 26 May 2014 02:37:46 +0000 Stu Johnson WEKU News 60119 at http://weku.fm Eastern Kentucky Bee Specialist Set to Begin New Role as State Apiarist Lexington Lawmaker Says Rupp Poll Results Not Unexpected http://weku.fm/post/lexington-lawmaker-says-rupp-poll-results-not-unexpected <p></p> Mon, 19 May 2014 21:10:03 +0000 Stu Johnson WEKU News 59824 at http://weku.fm Lexington Lawmaker Says Rupp Poll Results Not Unexpected Following Judge's Ruling, Farmers to Plant Hemp http://weku.fm/post/following-judges-ruling-farmers-plant-hemp <p></p> Mon, 19 May 2014 14:48:36 +0000 Jonathan Meador 59791 at http://weku.fm Following Judge's Ruling, Farmers to Plant Hemp Kentucky's Harsh Winter Causes Longer Wait for Harvest http://weku.fm/post/kentuckys-harsh-winter-causes-longer-wait-harvest <p></p><p><span style="line-height: 1.5;">Central Kentuckians may be hankering for local produce, but the wait may be a little longer this spring.&nbsp; A rather strong winter in many parts of Kentucky put a delay on plantings and the growing season. &nbsp;</span></p><p></p><p></p><p></p><p></p> Tue, 13 May 2014 03:46:09 +0000 Stu Johnson WEKU News 59506 at http://weku.fm Kentucky's Harsh Winter Causes Longer Wait for Harvest Lexington Examines Branding Options http://weku.fm/post/lexington-examines-branding-options <p></p><p><span style="line-height: 1.5;">Lexington city leaders are examining branding options.&nbsp; This week, Mayoral Senior Advisor Scott Shapiro laid out a "blue horse" logo option.&nbsp; He says there is a proliferation of city-related logos with no standard.&nbsp; "There are things that the city does that you all as council members fund that people of Lexington don't know that the city is responsible for," said Shapiro.</span></p><p></p><p></p><p></p><p></p> Fri, 09 May 2014 14:05:31 +0000 Stu Johnson WEKU News 59359 at http://weku.fm Lexington Examines Branding Options Kentucky's Electric Utilities Recruiting Veterans http://weku.fm/post/kentuckys-electric-utilities-recruiting-veterans <p></p><p><span style="line-height: 1.5;">Kentucky's most prominent electrical utility is putting out a call for workers with military experience. &nbsp;</span></p> Fri, 09 May 2014 14:02:33 +0000 Stu Johnson WEKU News 59358 at http://weku.fm Kentucky's Electric Utilities Recruiting Veterans Blasting Paves Way for Centre Point High-Rise Development http://weku.fm/post/blasting-paves-way-centre-point-high-rise-development <p></p><p><span style="line-height: 1.5;">The Centre Point commercial development in the heart of downtown Lexington is in full construction mode.&nbsp; It's a large scale project, recently redefined in scope, approaching a cost of 400 million dollars and including hotel-retail-office- and condominium uses.&nbsp;</span></p><p> Thu, 08 May 2014 12:56:52 +0000 Stu Johnson WEKU News 59296 at http://weku.fm Blasting Paves Way for Centre Point High-Rise Development Lexington Leaders Consider Expanding Food Truck Options http://weku.fm/post/lexington-leaders-consider-expanding-food-truck-options <p></p><p><span style="line-height: 1.5;">Lexington city leaders are looking into expanding where food trucks can conduct business.&nbsp; A city council committee reviewed a proposal Tuesday to allow food trucks in professional office zones around the community.&nbsp;</span></p><p></p><p></p><p></p><p></p> Wed, 07 May 2014 03:09:14 +0000 Stu Johnson WEKU News 59245 at http://weku.fm Lexington Leaders Consider Expanding Food Truck Options Focus on Business: Scott Clark on Social Media and Website Performance http://weku.fm/post/focus-business-scott-clark-social-media-and-website-performance <p>Scott Clark is an online business consultant and owner of Lexington-based BuzzMaven Labs. He focuses on helping his clients find ways to improve the performance of their websites. And he offers guidance on internet marketing investments and social media activities. &nbsp;</p><p></p><p></p> Mon, 05 May 2014 14:56:33 +0000 Bryan Bartlett 59158 at http://weku.fm Full Lake Cumberland Ready for Spring Boaters http://weku.fm/post/full-lake-cumberland-ready-spring-boaters <p></p><p><span style="line-height: 1.5;">The president of Lake Cumberland State Dock says all signs point to a tremendous season for tourism. Bill Jasper got good news this week when the U.S. Army Corps of Engineers announced the water level at Lake Cumberland was at its full summer level for the first time in eight years. The water level was dropped in 2007 when repair work began on nearby Wolf Creek Dam. &nbsp;</span></p><p></p><p></p><p></p> Fri, 02 May 2014 20:06:17 +0000 Kevin Willis Kentucky Public Radio 59064 at http://weku.fm Full Lake Cumberland Ready for Spring Boaters Thoroughbred Retirement Farm Hopes to Welcome More Derby Competitors One Day http://weku.fm/post/thoroughbred-retirement-farm-hopes-welcome-more-derby-competitors-one-day <p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;</p><p></p><p>The founder of a thoroughbred retirement center in central Kentucky hopes to one day meet some of horses racing at Churchill downs this week.&nbsp; The "Old Friends Thoroughbred Retirement" facility welcomed one horse just over a decade ago.&nbsp; &nbsp;President Michael Blowen says there are 150 horses on site today.&nbsp;</p><p></p><p></p><p></p> Fri, 02 May 2014 19:58:58 +0000 Stu Johnson WEKU News 59063 at http://weku.fm Thoroughbred Retirement Farm Hopes to Welcome More Derby Competitors One Day Future of Richmond-Berea Economic Plan Receives Mixed Reviews http://weku.fm/post/future-richmond-berea-economic-plan-receives-mixed-reviews <p></p><p></p><p>A Madison County&nbsp;official&nbsp;worries a just-released economic development plan for Madison County lacks on-the-ground support. &nbsp;Berea Mayor Steve Connelly says there could be a problem turning recommendations into action, saying most&nbsp;people never took notice,&nbsp;&nbsp;“There was never a conversation of people who would do anything.” He went on to say,&nbsp;“We have a plan but we don't have any implementers.”&nbsp;&nbsp;Connelly went on to express his&nbsp;skepticism&nbsp;about the plan.</p><p></p><p></p><p></p> Tue, 29 Apr 2014 17:30:05 +0000 Stu Johnson WEKU News 58908 at http://weku.fm Future of Richmond-Berea Economic Plan Receives Mixed Reviews Focus on Business: Alan Stein on "Reputation Management" http://weku.fm/post/focus-business-alan-stein-reputation-management <p>In recent years institutions that we tend to take for granted: our airport, the library, the Kentucky League of Cities, the Kentucky Association of Counties, the Bluegrass Area Development District, have experienced controversies that have shaken faith in leadership, highlighted instances of lax board governance, and most painful of all, damaged reputations.</p> Tue, 29 Apr 2014 13:21:43 +0000 Bryan Bartlett 58899 at http://weku.fm Lexington Public Housing Complex Up for Overhaul http://weku.fm/post/lexington-public-housing-complex-overhaul <p></p><p><span style="line-height: 1.5;">Plans for renovating 200 public housing apartment units in Lexington carry a whole new financing and construction strategy.&nbsp; The project involves the Pimlico Apartment complex on Centre Street.&nbsp; Federal Housing and Urban Development's Greg Byrne participated in the ceremony today.</span></p><p></p><p></p><p></p><p>"We've allowed them to work with private investors, and lenders, and all that, just like anybody else who owns multi-family real estate.&nbsp; Bringing public housing into the 21<sup>st</sup>&nbsp;century," said Byrne.</p><p></p> Tue, 29 Apr 2014 03:44:15 +0000 Stu Johnson WEKU News 58886 at http://weku.fm Lexington Public Housing Complex Up for Overhaul Bluegrass Pipeline Project Pulled http://weku.fm/post/bluegrass-pipeline-project-pulled <p style="background-position: initial initial; background-repeat: initial initial;"><span style="font-size: 13.5pt;">The proposed Bluegrass Pipeline, which would have crossed a dozen Kentucky counties over a 180-mile route, appears to be dead.<br /><br /><!--[if !supportLineBreakNewLine]--><br /><!--[endif]--><o:p></o:p></span></p> Mon, 28 Apr 2014 17:14:24 +0000 Kentucky Press News Service 58857 at http://weku.fm Horse Park Awaits Word on World Equestrian Games http://weku.fm/post/horse-park-awaits-word-world-equestrian-games <p></p><p><span style="line-height: 1.5;">Following the </span><span style="line-height: 1.5;">36</span><sup>th</sup><span style="line-height: 1.5;">&nbsp;Kentucky Rolex Three Day Event this weekend, attention is focusing quickly toward this summer and the anticipated announcement of the site of the 2018 World Equestrian Games.&nbsp; The Kentucky Horse Park hosted the international horse competition four years ago.&nbsp; Veteran Equine Public Relations Specialist Marty Bauman believes central Kentucky is in a good position to host the event again. &nbsp;</span></p><p></p><p></p><p></p> Mon, 28 Apr 2014 10:00:00 +0000 Stu Johnson WEKU News 58828 at http://weku.fm Horse Park Awaits Word on World Equestrian Games Interim Director Named at Kentucky Horse Park http://weku.fm/post/interim-director-named-kentucky-horse-park <p></p><p></p><p>The Kentucky Horse Park has an interim director to take over the reins following the quickly approaching retirement of its long-time director John Nicholson.&nbsp;The Kentucky Horse Park Commission has chosen Ted Nicholson, no relation to John Nicholson, to serve as interim director of the Horse Park. &nbsp;</p><p></p><p></p> Wed, 23 Apr 2014 21:34:22 +0000 Stu Johnson WEKU News 58648 at http://weku.fm Interim Director Named at Kentucky Horse Park Council Meeting Provides Some Answers About Rupp Financing http://weku.fm/post/council-meeting-provides-some-answers-about-rupp-financing <p></p><p><span style="line-height: 1.5;">Discussion of funding for the Rupp Arena Project consumed parts of two city council meetings yesterday afternoon at city hall.&nbsp; Rupp Project Manager Frank Butler took questions during a committee meeting and then before the full Council. &nbsp;</span></p><p></p><p></p><p></p> Wed, 23 Apr 2014 14:29:16 +0000 Stu Johnson WEKU News 58617 at http://weku.fm Council Meeting Provides Some Answers About Rupp Financing State Economist Says Jobless Rate Not a Cause for Alarm http://weku.fm/post/state-economist-says-jobless-rate-not-cause-alarm <p></p><p><span style="line-height: 1.5;">A state economist says an uptick in the Kentucky unemployment rate is no reason for alarm.&nbsp;Kentucky's jobless average for March stood at seven point nine percent.&nbsp; It increased one tenth of a percentage point in both February and March.&nbsp;&nbsp; </span></p><p></p><p></p><p></p> Thu, 17 Apr 2014 21:31:04 +0000 Stu Johnson WEKU News 58374 at http://weku.fm State Economist Says Jobless Rate Not a Cause for Alarm