Thursday April 18, 2024
Local Connection
Weather
Traffic
@LouisvilleDispatch
@LouisvilleDisp
Subscribe
Photo: Louisville Forward
In celebration of National Economic Development Week, Mayor Greg Fischer and Kent Oyler, president and CEO of Greater Louisville Inc., today announced that Louisville Forward, the city’s economic development organization, and Greater Louisville Inc. (GLI), the region’s chamber of commerce, have been jointly recognized as a Top U.S. Economic Development Group for 2017 by Site Selection magazine. This is a back-to-back win for the two organizations.
Working together in 2017, with partners in two states and 15 counties, these two groups have helped the Greater Louisville region attract 62 projects, representing more than $1.7 billion in investment and nearly 6,000 jobs. GLI attracts leads looking at the region and transitions projects to the local economic development organization after the company has narrowed its search.
“This back-to-back achievement is further proof that our strategic partnership with GLI and our region is helping fuel Louisville’s tremendous economic momentum,” said the Mayor. “We are honored to be among the nation’s top regions as Louisville continues to punch above its weight.”
As the economic hub for the region, Louisville Forward had a banner year in 2017, locating 57 projects in Jefferson County, representing $1.68 billion in investment, and 5,096 new jobs. Louisville Forward also celebrated Passport Health Plan’s $130 million expansion and relocation of its headquarters to west Louisville, Ford’s continued commitment to the city with a $900 million investment at its Kentucky Truck Plant, and Diversified Consultants Inc.’s initial location and expansion into the Louisville market with a double-down on investment totaling nearly $20 million and creating 1,000 new jobs.
“For the second year in a row, GLI is proud to share this prestigious award with our regional partners and Louisville Forward. We are clearly making an impact with our collaborative efforts around economic development. The future looks bright for our region and we will continue working together to attract even more employers to our 15-county region,” said Oyler.
In 2017, GLI assisted its partners in locating 12 projects for the 15-country region, resulting in projects representing $73.4 million in investment, and creating 809 jobs with an additional 25 referrals that resulted in seven locations, 556 jobs, and $21 million in investment. The region also hosted its first ever Familiarization Tour for 10 national site selectors with the assistance of the Advance Greater Louisville Regional Partners.
Louisville Forward was formed in July 2014 to unite economic development efforts and built environment functions, allowing business owners to go from concept to permit in one streamlined agency. To achieve its goals of raising the median wage across the city and growing the number of jobs, the Louisville Forward team focuses on five strategic business categories that are historic and contemporary areas of strength to Louisville: Advanced Manufacturing, Food and Beverage, Lifelong Wellness and Aging Care, Logistics and eCommerce, and Business Services.
Since its creation, Louisville Forward has helped businesses create nearly 22,000 new jobs in Louisville, representing an investment of $5.2 billion dollars. This award marks the fourth straight year that Louisville Forward has been recognized by Site Selection magazine.
GLI is focused on growing the regional economy. As the region’s largest convener of business leadership, GLI leads global economic and outreach strategies focused on business attraction; nurtures the entrepreneurial eco-system; and champions the development of the community’s talent base. As the voice of Greater Louisville’s business community, GLI advocates for a pro-business environment and facilitates businesses engagement on issues that impact regional competitiveness.
Site Selection magazine’s recognition is based on six criteria – total projects, total investment associated with those projects and total jobs associated with those projects; and those same three numbers calculated per capita for the metro area.
“Greater Louisville’s economic development success comes from a sense of all-for-one and one-for-all that transcends jurisdictional and organizational boundaries. Companies and institutions collaborate, corporations and startups convene, cities and even whole states cooperate and converge on challenges and opportunities as they arise,” said Adam Bruns, Managing Editor, Site Selection magazine.
Top projects for the groups that are featured in the May issue of Site Selection magazine include:
Ford Motor Company – continuing its commitment to Louisville, is investing $900 million in upgrades to the Kentucky Truck Plant to prepare it to manufacture the new Ford Expedition and Lincoln Navigator. This investment is in addition to the $1.3 billion investment and creation of 2,000 jobs announced in 2015.
Aravato Bertelsmann – is quadrupling its logistics capacities with a $5 million investment, creating 250 new jobs.
ResCare – founded in Louisville in 1974, this leading health and human services provider is building its $34 million headquarters at the Shelbyhurst Office and Research Park, creating 200 new jobs.
W.W. Grainger – a Fortune 500 company, is investing $273 million for a large distribution center in south central Louisville. The company plans to grow 500 new jobs with this attraction project.
For more information about Louisville Forward, visit http://louisvilleky.gov/louisvilleforward.
For more information about GLI, visit http://www.greaterlouisville.com.
Photo: Louisville Forward
Mayor Greg Fischer announced that Louisville Forward’s Small Business Development team is launching a Food Entrepreneurship series designed to foster the development of new restaurateurs and food entrepreneurs. The interactive 9-class series will run from March 3rd to June 30th and will be taught by local industry-leading professionals. All classes will meet on Saturdays from 8:30 – 11:30 a.m.
“From the Hot Brown to Bourbon infusions, Louisville has been internationally recognized for its innovative and fresh culinary scene and we want to keep this momentum going,” said Fischer. “Through this interactive series, entrepreneurs will learn how to open a restaurant or food service business and strengthen operations.”
Registration is open, but space is limited. To participate, individuals must be over 18 years of age, attend 8 of the 9 classes and be a Louisville resident. There is no fee to participate in the series. Upon completion of the program, participants will receive continued assistance and connections to resources from Louisville Forward’s Small Business Development team.
Schedule, class descriptions and venue locations are listed below.
1. March 3, 2018
Health and Safety Regulations – This course will cover the basics of proper food handling, inspections and placarding, review of common reasons restaurants fail inspections and how to keep from failing. The course also will cover the top five ways a customer becomes ill and things to consider when changing the type of food service you offer.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
2. March 17, 2018
Kitchen Set-Up and Menu Development – This course will cover the importance of proper and efficient kitchen set-up to help minimize ticket times and ensure quality and safe food preparation, as well as highlight the basic types of equipment available and its proper use. Participants will learn the basics of menu development, focusing on such things as ingredients and sourcing, food cost, authenticity of cuisine, cross utilization, and concepts of proper pricing.
Venue: Jefferson County Technical College, 109 E Broadway, Louisville, KY 40202
3. April 7, 2018
Purchasing and Managing Food Cost – Knowing food costs is integral to understanding a restaurant’s full budget. Participants will learn tips for managing food costs, through purchasing habits, tracking inventory, ands tools to help track and calculate.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
4. April 21, 2018
Employee Orientation and Training – In this course, participants will come away with a better understanding of how to navigate employment laws and regulations related to running a restaurant. Additional Human Resources best practices and policies for on-boarding and managing employees also will be covered.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
5. May 12, 2018
Customer Service – During this session participants will be instructed in ways the physical space and staff can go above and beyond the call of duty to create a welcoming, and pleasurable environment that customers want to come back to.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
6. May 19, 2018
Accounting and Cash Handling – This course will cover steps a food entrepreneur should take to ensure their accounting system is properly set up, including budgeting, cash flow, expense management, tax payments/filings, options of bookkeeping software, and what you should know for tax preparation.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
7. June 2, 2018
Management Training – From staff management and scheduling to creating a culture for your restaurant, this session will cover day-to-day restaurant management skills, including staff training to promote from within.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
8. June 16, 2018
Marketing and Branding – Participants will learn how to market their concept and themselves as a brand, by reviewing the various mediums of marketing from websites, social media and traditional methods such as flyers and brochures.
Venue: Tim Faulkner Gallery, 1512 Portland Ave, Louisville, KY 40203
9. June 30, 2018
Safety: Inside and Outside – This course will review safety best practices to maintain a safe environment for customers and employees, including proper lighting, opening and closing procedures, signs of suspicious activity, how to handle disruptive incidents inside and outside of your establishment, and suggestions of how to strengthen the street block.
Venue: Chef Space – 1812 W Muhammad Ali Blvd, Louisville, KY 40203
Mayor Greg Fischer and Kent Oyler, president and CEO of Greater Louisville Inc., today announced that Louisville Forward, the city’s economic development organization, and Greater Louisville Inc. (GLI), the city’s chamber of commerce, have been jointly recognized as Top U.S. Economic Development Groups for 2016 by Site Selection magazine.
Working together in 2016, with partners in two states and 15 counties, these two groups have helped the Greater Louisville region welcome 70 projects, representing nearly $1.4 billion in investment and more than 8,500 jobs. GLI attracts leads looking at the region and transitions projects to the local economic development organization after the company has narrowed its search.
“Louisville is seeing tremendous growth right now – from our highly skilled workforce to infrastructure improvements to our welcoming and inclusive culture – and quality companies are investing in our city at a rate never seen before,” said the Mayor. “This recognition is proof that our strategic partnership with GLI is working and the hard work of our economic development team, led by Chief Mary Ellen Wiederwohl, is paying off.”
As the economic hub for the region, Louisville Forward had a banner year in 2016, locating 61 projects in Jefferson County, representing $1.3 billion in investment, and creating 6,820 new jobs. Louisville Forward also celebrated the $310 million expansion of UPS Centennial Hub and the announcement of Computershare’s regional office with 1,100 jobs, representing a $32 million investment.
“This award proves that this region continues to be the best place in the world to relocate, expand or start a business. The diversity of resources here and the collaborative, community attitude make this an excellent market for new business,” said Oyler. “We will use this momentum to encourage more investment throughout our 15 counties.”
In 2016, GLI generated 9 leads for the 15-country region, resulting in projects representing $69 million in investment, and creating 1,750 jobs with an additional 43 projects in the pipeline to end the year. GLI also celebrated the launch of OneJet flight service out of Louisville International Airport, which was facilitated by GLI’s Regional Air Coalition and the Louisville Regional Airport Authority.
Louisville Forward was formed in July 2014 to unite economic development efforts and built environment functions, allowing business owners to go from concept to permit in one streamlined agency. To achieve its goals of raising the median wage across the city and growing the number of jobs, the Louisville Forward team focuses on five strategic business categories that are historic and contemporary areas of strength to Louisville; Advanced Manufacturing, Food and Beverage, Lifelong Wellness and Aging Care, Logistics and eCommerce, and Business Services.
Since its creation, Louisville Forward has helped businesses create nearly 12,000 new jobs in Louisville, representing an investment of more than $2.4 billion dollars. This award marks the third straight year that Louisville Forward has been recognized by Site Selection magazine.
GLI is focused on growing the regional economy. As the region’s largest convener of business leadership, GLI leads global economic and outreach strategies focused on business attraction; nurtures the entrepreneurial eco-system; and champions the development of the community’s talent base. As the voice of Greater Louisville’s business community, GLI advocates for a pro-business environment and facilitates businesses engagement on issues that impact regional competitiveness.
The recognition is based on six criteria – total projects, total investment associated with those projects and total jobs associated with those projects; and those same three numbers calculated per capita for the metro area.
Top projects for the groups that are featured in the May issue of Site Selection magazine include:
Clariant Corporation – headquartered in Switzerland, Clariant Corporation, a leading manufacturer of catalysts, announced the development of a $100 million manufacturing plant located on Hill Street near 12th and 13th Streets. Clariant created 41 new jobs with the expansion of the Louisville operation.
Evolent Health – a strategic alliance between Passport Health Plan and Evolent Health created The Medicaid Center of Excellence. The Center is the first of its kind in the country and combines Passport’s expertise in Medicaid managed care with Evolent’s industry-leading technology and operations to offer centralized services for provider-led Medicaid health plans nationwide.
Guess, Inc. – located in Jefferson Riverport International, Guess Inc. announced its $11.5 million expansion to build a second warehouse of 232,500 square feet, more than doubling the footprint of the distribution center. The new warehouse created 200 new jobs, bringing its total employee count to 600.
In addition to the projects mentioned above, Louisville Forward and GLI partnered to attract global law firm Hogan Lovells to open its global business services center in Louisville, an $8.9 million investment, creating 250 high-quality jobs.
Click here for more information about Louisville Forward.
Click here for more information about GLI.
