The students from the Yale School of Architecture who visited Louisville in February have unveiled their designs for a distillery downtown. The students studied the region on their visit, with a specific focus on Louisville’s downtown and the bourbon industry. Their task was to each design a distillery that could stand near First and Main… Continue reading Yale Students Present Downtown Distillery Designs for Louisville
General Electric is trying to reverse decades of outsourcing by doing something it hasn’t done in over 50 years, opening a new manufacturing operation in Louisville. China is where earlier versions of the GeoSpring Water Heater were manufactured. But Louisville’s Appliance Park has since advanced, and will now build the new energy-efficient hybrid GeoSpring. “The… Continue reading General Electric Begins Manufacturing New Hybrid Water Heater in Appliance Park
Louisville Mayor Greg Fischer has chosen a member of his cabinet to lead a grant-funded project to develop a new manufacturing region with Lexington. Bloomberg Philanthropies is giving Louisville and several other cities grants to form so-called innovation teams to carry out municipal improvement projects. Fischer has tapped interim Economic Development Director Margaret Handmaker to… Continue reading Fischer Chooses Economic Development Director to Lead Bloomberg Project
Louisville is among five cities chosen to receive money and assistance from the philanthropic arm of the Bloomberg company. Bloomberg Philanthropies is giving a total of $24 million to Louisville, Atlanta, Chicago, Memphis and New Orleans. The money will essentially pay for brain power, through what the charity is calling innovation teams. They’ll work with… Continue reading Louisville to Receive $4.8 Million Bloomberg Grant
The epidemic of vacant properties in Louisville is growing. That’s one of the many facts cited in the latest annual Competitive City Report from the Greater Louisville Project. According to the report, in some areas of the city, more than 15 percent of homes and business are vacant. The 2010 Census puts the average for… Continue reading Report Finds Rapid Growth of Vacant Properties, Room for More Manufacturing
The Ford Motor Company’s performance in the first quarter of this year was the automaker’s best since 1998. Ford earned $2.6 billion in the quarter, surpassing Wall Street estimates by half a billion dollars. Company officials attribute the earnings to new vehicles and price increases that offset the rise in cost of raw materials. Ford’s Louisville… Continue reading Ford Earnings Surpass Expectations
A Toyota Motor Company spokesperson says reports from Monday afternoon about impending plant shutdowns were not entirely accurate.
Due to a shortage of parts from Japan, the Toyota Motor Company will shut down its North American factories.
Spokesperson Mike Goss says the shutdowns will likely begin this month and last until earthquake-damaged plants can resume operations.
Kentucky Governor Steve Beshear met with Ford Motor Company CEO Alan Mulally this week, and he says the conversation was encouraging. With Ford upgrading the Louisville Assembly Plant to produce new vehicles, Beshear says he’d been planning to meet with Mulally for weeks. They convened on Monday and Beshear says Mulally told him that Ford’s… Continue reading Beshear Says Ford CEO Positive On Louisville's Future
“The fight for American manufacturing is the fight for America’s future,” the New York Times quoted President Obama saying in a recent article. Due to longtime losses to foreign competition and more recent declines associated with the effects of the national recession, the president is surely referring to one tough fight. So what does the future look like for manufacturing in Kentucky? Listen to the Show