BEAM

Louisville, Lexington Work to Grow Ky Exports, Attract Investors

Nov 28, 2016
kentuckyunitedonline.org

After an election season in which both major political parties bashed free trade deals, the mayors of Kentucky’s two largest cities have renewed their initiative to attract foreign investment to — and exports from — the region.

Louisville Mayor Greg Fischer said Lexington and Louisville need to join forces to be relevant on the global stage.

“We need to work together so we can present a unified force to the world that would allow us to better compete together for our whole state,” Fischer said during a news conference on Monday.

While Lexington and Louisville remain rivals in many areas, the mayors of both cities continue to move forward on a mutually beneficial economic partnership. They formed the Bluegrass Economic Advancement Movement (BEAM).  They commissioned the Washington, D.C. think tank, The Brookings Institution, to conduct a study into the feasibility of creating a 22-county economic region, anchored by Lexington to the east and Louisville to the west. 

In this week's Focus on Business, Tom Martin discusses some of the study's findings and its vision with Lexington Mayor Jim Gray.