Warren Nash will be speaking to NWKF’s Leaders’ Roundtable event on Tuesday morning, 25 August at Wolf’s Banquet Center in Henderson. Nash is the Deputy Commissioner for the Department of Commercialization and Innovation (DCI). The Department is part of the Cabinet for Economic Development.
DCI is the state’s effort to recruit and support high-tech and knowledge based industries. DCI’s programs include manufacturers who are developing new and advanced products, as well as business start-ups.
The Leaders’ Roundtable is a free breakfast meeting for area general managers, plant managers, executives, and business owners.
For more information, contact NWKF at 877.434.3766 or email results@northwestky.com
Brenntag Mid-South, a major existing employer in Northwest Kentucky, recently announced plans to expand its Henderson complex.
The company has started work on a 27,000 sq. ft. expansion that will allow the company to better handle existing activity and planned future growth. The $1.6 million investment will also allow the company to add additional jobs to its more than 200-person workforce.
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NWKF was pleased to help host Kentucky’s Secretary for Education and Workforce Development, Helen Mountjoy, recently to announce that Fortis Plastics was being awarded a $413,000 training grant.
This grant, a partnership that involved the Green River Workforce Investment Board, Green River ADD, local governments, NWKF, and the state, was an integral part of retaining the jobs at Fortis and setting the stage for growth once the economy recovers.
Thanks to Sec. Mountjoy for leading the charge and being willing to work with us in “thinking outside the box” to retain these jobs.
Kentucky’s new Secretary for Economic Development, Larry Hayes, promised to partner with lead economic development organizations like Northwest Kentucky Forward in a renewed effort to advance the Commonwealth.
Secretary Hayes, who previously was Secretary of the Executive Cabinet and has served as interim ED Secretary for nearly year, spent most of Tuesday in Northwest Kentucky in one of his first official roles since being named Secretary the previous Friday.
The Secretary understands what needs to happen for Kentucky to be successful and the partnerships that are vital for Kentucky communities to thrive. NWKF is excited about his appointment and looks forward to working with him in the days ahead.
More than 150 scientists, researchers, and executives involved with algae as an energy source were in Northwest Kentucky over the last two days. The Algae Symposium, sponsored by the University of Kentucky Center for Applied Energy Research in cooperation with Henderson Community College, the Henderson Chamber of Commerce, local governments, and NWKF, focused on the expanding role of algae in both carbon capture and in the production of alternative fuels.
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Wednesday was a great day as Governor Steve Beshear joined local officials to announce that Innovative Workflow Technologies (IWT) would be locating its new $2 million software development and data center in Henderson. The company will also be relocating its corporate headquarters. The company anticipates having 40–50 jobs at the site within a few years with wages between $60–80,000/year.
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In the last fiscal year (1 July 08–30 June 09) NWKF’s entrepreneurship effort met with 198 entrepreneurs!! While some of these were existing entrepreneurs, many were would be business owners. These clients produced the following results during the fiscal year:
v 198 Clients
v 16 micro loans
v 3 jump start loans
v 35 new start up businesses
v 75 new jobs created through counseling and loans
v 17 retention jobs through counseling and loans
Find out more about NWKF helps entrepreneurs and contact us today —results@northwestky.com.
The Henderson County Fiscal Court unanimously approved an $80,000 forgivable loan for a company considering locating in the county. The loan becomes a grant after 3 years if the company creates the agreed upon number of jobs. If not, the county can ask the company to pay back $2000/job plus interest for each job not created.
NWKF thanks and appreciates the support of local elected officials who are willing to think outside the box to meet the needs of prospective new employers.
An announcement regarding this new employer is expected on Wednesday, 12 August.
Kentucky Governor Steve Beshear and Indiana Governor Mitch Daniels met in Henderson earlier this week for a joint signing ceremony. The two governors signed legislation that creates a bi-state authority that can address the funding for the proposed I-69 bridge connecting Henderson and Northwest Kentucky with Southwest Indiana.