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Channel: Lane Report | Kentucky Business & Economic News » February 2008
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Indiana

OFS Brands Holdings Inc. has launched an $81 million expansion of its national headquarters and furniture manufacturing operations in Huntingburg, Ind. OFS, which produces office furniture under the...

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Ohio

General Motors Corp. is laying off approximately 350 workers at its Ohio Assembly Plant in Moraine, Ohio, where it produces the Chevrolet TrailBlazer, the GMC Envoy, Saab 9-7X and Isuzu Ascender....

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Tennessee

Novita Technologies, Inc. has located its corporate headquarters and manufacturing facility in Hendersonville, Tenn.’s Freehill Industrial Park, bringing 60 high-tech jobs to the area. Novita...

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The Tavern and the Green

  If you’ve ever tucked in your napkin for Sunday dinner at Boone Tavern on Berea’s College Square, you’ve probably been served the restaurant’s signature spoonbread, a dish so loved that it inspired a...

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National City Bank Closes Mortgage Division; 900 Jobs Cut

In response to the downturn in the mortgage, housing and credit markets, National City Bank has closed its wholesale mortgage division. The decision affects 900 positions. National City Mortgage will...

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Poor choice for the poor

It was front-page news on the Jan. 14 issue of the San Francisco Chronicle that blacks by the tens of thousands have left the San Francisco Bay area since the 1990 census. Since my book Applied...

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Commentary on life in Kentucky

Venture Funding in Bluegrass Region Tops $37 Million for Early Stage Companies Fifty-five early-stage companies in central Kentucky reported an 82 percent increase in funding and 35 percent growth in...

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Changes to the status Quo

Some current political statistics may surprise you – they surprised me. For decades, Democrats have portrayed Republicans as the party of the rich and themselves as champions of middle- and lower-class...

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Making The Grade

Every salesperson, you included, gets a report card – every day. Most salespeople, you included, ignore it. Every time a customer gives you an order, they’re grading you for your quality, your value,...

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Pension Plan Pitfalls

In a business-sponsored defined contribution pension plan, there exists a liability to the performance of an employee’s portfolio that is tied directly to the employer. And the majority of employers...

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