Tag: Louisville

GE Appliances to remove hotel AC unit line from Louisville Appli – WDRB 41

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GE Appliances to remove hotel AC unit line from Louisville Appli – WDRB 41 Louisville News

LOUISVILLE, Ky. (WDRB) — GE Appliances plans to shift production of a hotel-room air conditioner from Louisville Appliance Park to one its four other U.S. factories, but the company said none of the 140 union workers who make the AC units here will be laid off.

The move is meant to free up space so that Derby Industries, GE Appliances third-party parts distributor, can once again operate on site at Appliance Park, said GE Appliances spokeswoman Kim Freeman.

Derby Industries, which supplies the parts used to make the appliances, has been in Shepherdsville since April 2015, when a fire destroyed the building in which the company had operated at Appliance Park.

The move will affect about 140 union workers who make the Zoneline packaged terminal room air conditioner, a product typically used in hotel and motel rooms.

Freeman said the workers will be able to obtain other jobs at Appliance Park, including on the dishwasher line, where a second shift will be added soon.

Still, it s disappointing to see a product removed from the Louisville campus, said Dana Crittendon, president of the IUE-CWA Local 83-761, which represents the roughly 3,800 rank-and-file workers at Appliance Park.

Once again, it’s a blow to Appliance Park here, and the autonomy here, Crittendon said.

Crittendon added that the move will mean less hiring at Appliance Park in the future even though no workers are losing jobs now.

The investment was completed in February 2016, about four months before General Electric Co. sold the Louisville-based appliance division to China-based Qingdao Haier Co. for $5.6 billion.

Crittendon said it will be at least six months until the GE Appliances can move the Zoneline work because will choose to exercise its right to decision bargaining under federal labor law. It’s a process whereby the company has to evaluate alternatives proposed by the union.

The union used the process last year when trying to convince GE Appliances not to outsource the operation of its finished-products warehouse at Appliance Park to a third-party company, but GE Appliances ultimately followed through with the plan.

About 200 union workers in the warehouse were moved into other positions at the park. The union filed a complaint with the National Labor Relations Board over the move.

None of GE Appliances other factories in Georgia, South Carolina, Tennessee and Alabama have a union workforce, meaning the Zoneline production would move to a non-union plant.

Crittendon said those plants use temp agencies which pay entry-level wages even lower than the $12 per hour starting wage the IUE-CWA members begrudgingly agreed to when approving a labor contract with Haier earlier this year.

But Freeman said the plan to move Zoneline is not about wages but regaining the tremendous logistics advantage of having Derby Industries on site at Appliance Park again.

The delay in transporting parts from Shepherdsville has made it challenging to keep up with customer orders and even led to production idling at times, she said.

We are moving it to make the room for Derby, she said. It is really not a financial situation for Zoneline.

Building 2, which houses the Zoneline production, is also under capacity because GE Appliances shut down the money-losing GeoSpring hybrid-electric water heater line last year, Freeman said. That means the building is less efficient to operate for the Zoneline alone, she said.

The Zoneline AC unit production line at Louisville Appliance Park, February 9, 2016

Members of IUE-CWA Local 761, led by president Dana Crittendon, rallied ahead of previous contract negotiations in May 2015.

Updated: Tuesday, August 8 2017 5:02 PM EDT 2017-08-08 21:02:28 GMT

Gov. Matt Bevin, left, and Braidy Industries CEO Craig Bouchard announced the aluminum mill on April 27, 2017.

A former top official in Gov. Matt Bevin s administration has been hired as a senior executive with Braidy Industries, the company that plans to build a $1.3 billion aluminum rolling mill in Greenup County with the help of a $15 million investment from state taxpayers.

A former top official in Gov. Matt Bevin s administration has been hired as a senior executive with Braidy Industries, the company that plans to build a $1.3 billion aluminum rolling mill in Greenup County with the help of a $15 million investment from state taxpayers.

Updated: Monday, August 7 2017 6:33 PM EDT 2017-08-07 22:33:05 GMT

Workers at the Toyota plant in Georgetown, Kentucky.

Gov. Matt Bevin said Kentucky will be going full throttle to convince Japanese automakers Toyota and Mazda that the Bluegrass state is the ideal location for a $1.6 billion factory they plan to build in the United States.

Gov. Matt Bevin said Kentucky will be going full throttle to convince Japanese automakers Toyota and Mazda that the Bluegrass state is the ideal location for a $1.6 billion factory they plan to build in the United States.

Updated: Friday, August 4 2017 2:14 PM EDT 2017-08-04 18:14:46 GMT

Gov. Matt Bevin’s home in Anchorage (WDRB drone camera)

Gov. Matt Bevin won his fight with Jefferson County tax officials over the value of the historic mansion and surrounding acreage he bought for his family s residence earlier this year in an east Louisville suburb.

Gov. Matt Bevin won his fight with Jefferson County tax officials over the value of the historic mansion and surrounding acreage he bought for his family s residence earlier this year in an east Louisville suburb.

Updated: Wednesday, August 2 2017 5:06 PM EDT 2017-08-02 21:06:47 GMT

Papa John’s International CEO John Schnatter, June 12, 2017

Investors bid up shares of Louisville-based Papa John s International on Wednesday after the Louisville-based company said it would increase debt to fund $500 million in stock buy-backs over the next year to 18 months.

Investors bid up shares of Louisville-based Papa John s International on Wednesday after the Louisville-based company said it would increase debt to fund $500 million in stock buy-backs over the next year to 18 months.

Updated: Wednesday, August 2 2017 5:05 PM EDT 2017-08-02 21:05:15 GMT

Louisville-based Humana Inc. reported higher than expected earnings in the April-June quarter and said it will be in a better position to earn extra payments from the federal government in 2018 for its bread-and-butter Medicare Advantage business.

Louisville-based Humana Inc. reported higher than expected earnings in the April-June quarter and said it will be in a better position to earn extra payments from the federal government in 2018 for its bread-and-butter Medicare Advantage business.

Updated: Tuesday, August 1 2017 3:43 PM EDT 2017-08-01 19:43:59 GMT

Gov. Matt Bevin’s home in Anchorage (WDRB drone camera)

The Jefferson County Board of Assessment Appeals inspected Gov. Matt Bevin s home in Anchorage on Tuesday as a part of dispute over the property s value for tax purposes.

The Jefferson County Board of Assessment Appeals inspected Gov. Matt Bevin s home in Anchorage on Tuesday as a part of dispute over the property s value for tax purposes.

Updated: Friday, July 28 2017 3:14 PM EDT 2017-07-28 19:14:14 GMT

GE Appliance Park Zoneline production line

GE Appliances is moving forward with a plan to shift production of a hotel-room air conditioner from Louisville, but the 140 employees who work on the line will be able to get other jobs within Louisville Appliance Park, the company said Friday.

GE Appliances is moving forward with a plan to shift production of a hotel-room air conditioner from Louisville, but the 140 employees who work on the line will be able to get other jobs within Louisville Appliance Park, the company said Friday.

Updated: Thursday, July 27 2017 8:38 PM EDT 2017-07-28 00:38:16 GMT

The emergency room at University Hospital, Nov. 18, 2015.

A special government fund set up in 1983 to help pay for uninsured patients at University of Louisville Hospital, the city s safety net hospital for the poor, will be dissolved soon as officials say it s no longer needed because of Kentucky s expansion of Medicaid.

A special government fund set up in 1983 to help pay for uninsured patients at University of Louisville Hospital, the city s safety net hospital for the poor, will be dissolved soon as officials say it s no longer needed because of Kentucky s expansion of Medicaid.





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Louisville Business First: 20 People to Know: Trey Riddle #online #business #degree

#business first louisville

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Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

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Webster University Louisville #university #of #louisville #online #degrees

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Webster University Louisville

About Location

Convenient to downtown and located off I-71 at exit 2, many students find that the location, small class sizes and individual attention result in better networking opportunities and successful learning outcomes within their profession or local community.

Webster personalizes education to meet specific goals and schedule demands while maintaining full-time employment or actively serving in the military. In Louisville and around the world, Webster University is recognized as a leader in global education and a pioneer in adult and military education.

Webster University’s Louisville campus location:

  • The MHA program is one of the top graduate degrees for healthcare administrators in the region
  • Faculty members are working professionals, not just “professors”
  • Class schedules are convenient for employed professionals
  • Real-world, project-based teaching and learning experiences

Student Resources

– Truc Ly, MA Counseling Student

“Webster was able to help me put most of my concerns and anxiety with returning back to school behind me. The professors are awesome; they bring their personal experience to the classroom and really made going back to school a great experience for me. Not only did I earn my MA in counseling, I developed long-lasting friendships with professional people who work in the same field.”

– Kenisha, MA Media Communications ’11

“Webster provided me great guidance and instruction from experts in not only the field of Media Communications but from Business as well. Whenever I needed guidance on an internship, or even a professional project, I was confident in reaching out to the faculty at Webster because I understood they’re not only my professors but also members of my network who want me to succeed.”

– Sean, MA Management and Leadership Student

“Webster University has a solid reputation and has many degrees compatible with future employment. Classes and breaks are about half as long as traditional university courses and are only 9 weeks long. This degree makes me a better leader for the Air National Guard and will help me transition to civilian employment.”





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Business – First Capital Bank of Kentucky – Louisville, KY #opening #a #business

#business first louisville

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Allow the business expertise of First Capital Bank to be your most important financial resource. We work with our clients to develop a keen understanding of their businesses and personal lives, as they are often closely interwoven. We can then evaluate financial hurdles and opportunities intelligently, recommending solutions that make sense on a personal and professional level. We respond to our business customers by designing an approach that asks the right questions and provides the solutions necessary to meet the unique needs dictated by today s changing business climate. Allow our experienced, knowledgeable and highly qualified team to provide you with the most responsive financial products and services available to you and your business. Check out our options, use our helpful financial tools, and schedule a visit with us today. We re eager to help you get started.

Contact Us

Thank you for your interest in First Capital Bank of Kentucky. We strive to make ourselves available to you, via email, telephone, postal mail and in person at any of our branch locations. or use the secure form found on our Contact Us page.

First Capital Bank of Kentucky
293 N. Hubbards Lane
Louisville, KY 40207





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Louisville Business First: 20 People to Know: Trey Riddle #best #online #business

#business first louisville

#

Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

Share This Story, Choose Your Platform!





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Louisville Business First: 20 People to Know: Trey Riddle #harvard #business

#business first louisville

#

Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

Share This Story, Choose Your Platform!





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The Eye Care Institute CEO Again Recognized by Business First of Louisville #drop #shipping

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You are here: Home / The Eye Care Institute / The Eye Care Institute CEO Again Recognized by Business First of Louisville

The Eye Care Institute CEO Again Recognized by Business First of Louisville

Mark Prussian, Chief Executive Officer of The Eye Care Institute, was again honored as a Partner in Health Care by Business First of Louisville.

The award recognizes businesspeople who offer support to the Greater Louisville health care industry. A print profile of Prussian is featured in the March 12, 2010 supplement to Business First. This is the fourth year in a row for Prussian receiving this recognition. Prussian also received the Business First Forty under 40 award in 1999.

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Business – First Capital Bank of Kentucky – Louisville, KY #franchise #businesses

#business first louisville

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Allow the business expertise of First Capital Bank to be your most important financial resource. We work with our clients to develop a keen understanding of their businesses and personal lives, as they are often closely interwoven. We can then evaluate financial hurdles and opportunities intelligently, recommending solutions that make sense on a personal and professional level. We respond to our business customers by designing an approach that asks the right questions and provides the solutions necessary to meet the unique needs dictated by today s changing business climate. Allow our experienced, knowledgeable and highly qualified team to provide you with the most responsive financial products and services available to you and your business. Check out our options, use our helpful financial tools, and schedule a visit with us today. We re eager to help you get started.

Contact Us

Thank you for your interest in First Capital Bank of Kentucky. We strive to make ourselves available to you, via email, telephone, postal mail and in person at any of our branch locations. or use the secure form found on our Contact Us page.

First Capital Bank of Kentucky
293 N. Hubbards Lane
Louisville, KY 40207





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Consult the Expert – Business First Louisville – CUB: A Kentucky Community Bank #start

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Consult the Expert Business First Louisville

Topic:
The Era of Smart Technology

Nearly all of us today have a Smart Phone, but what is a Smart Safe?
A Smart Safe is key to managing the challenges of cash in a retail environment. A Smart Safe automatically accepts, validates and stores notes while recording each transaction.

Smart Safe features include:
• Note Validation – tracks and records each note while checking for counterfeits
• Cash Tracking – deposits tracked by each user of the safe by Login ID
• Reporting – various reports can be generated to streamline reconcilement
• Connectivity – stores can provide online access to an armored car carrier and the bank

Benefits of this technology:
• Eliminates the employee risk of taking cash to a bank branch.
• Can lower expenses associated with armored car services as frequency of pickups may be reduced.
• If your bank has online access to the cash deposits they may be willing to provide you advanced availability even though the cash may still be sitting in the safe. If your business consists of managing large amounts of cash, get safe smart.

Online Banking

Convenient Capture Login

Update Your Contact Info
and Earn $1

Personalize Your Debit Card

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Business – First Capital Bank of Kentucky – Louisville, KY #unsecured #business #loan

#business first louisville

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Allow the business expertise of First Capital Bank to be your most important financial resource. We work with our clients to develop a keen understanding of their businesses and personal lives, as they are often closely interwoven. We can then evaluate financial hurdles and opportunities intelligently, recommending solutions that make sense on a personal and professional level. We respond to our business customers by designing an approach that asks the right questions and provides the solutions necessary to meet the unique needs dictated by today s changing business climate. Allow our experienced, knowledgeable and highly qualified team to provide you with the most responsive financial products and services available to you and your business. Check out our options, use our helpful financial tools, and schedule a visit with us today. We re eager to help you get started.

Contact Us

Thank you for your interest in First Capital Bank of Kentucky. We strive to make ourselves available to you, via email, telephone, postal mail and in person at any of our branch locations. or use the secure form found on our Contact Us page.

First Capital Bank of Kentucky
293 N. Hubbards Lane
Louisville, KY 40207





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