4:07pm

Thu September 1, 2011
Business and the Economy

Stability, Education Key to State Economy

A better educated workforce is a major key to helping Kentucky compete in the global manufacturing marketplace. That was the message put forth by the Kentucky Association of Manufacturers Thursday during an appearance before the Lexington Forum. K-A-M Vice President Ken Carroll told the civic and business group that Kentucky manufacturers need smart workers; and a lot more of them.

"It takes people that are innovative, creative, can communicate, problem solve, all these various things to be able to supply the people we need for the human capital supply chain, if you will. It's going to be the key to our success now and in the future."

The city and county governments of Lexington and Louisville have recently entered into an agreement to collaborate rather than compete, on a major advanced manufacturing initiative. The so-called BEAM project is a public / private undertaking using funds and resources from the Brookings Institution. 

BEAM stands for Bluegrass Economic Advancement Movement.