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Local business loans getting a bump up

Community banks in Northern Kentucky and Greater Cincinnati are writing more business loans — even as banks nationwide continue clamping down.

Read the full Cincinnati Enquirer article by Alex Coolidge here.

Manufacturing enters a new age

Wave of retirements — and high-tech shift — means workers, not jobs, will soon be scarce. Nearly 38,000 manufacturing jobs have been lost in Greater Cincinnati and Northern Kentucky over the past 10 years, but this industry is far from dying.

Read the full Cincinnati Enquirer article by Mike Boyer here.

Northern Kentucky chamber to launch innovation summit

The Northern Kentucky Chamber of Commerce  is trying to establish an innovation summit where organizational leaders from throughout the region gather to "create a groundswell of creativity, innovation and excellence." University of Cincinnati innovation expert Drew Boyd will kick off the event with a presentation entitled, "Teaching the Innovation Process." University of Cincinnati innovation expert and Cialdini Facilitator Drew Boyd will kick off the event with a presentation entitled, "Teaching the Innovation Process."

Read more from the Cincinnati Business Courier.

Want to see your home or business in a Hollywood movie?

Then grab your digital camera and start shooting. In a first-of-a kind campaign to lure movie production here, the Greater Cincinnati and Northern Kentucky Film Commission wants residents to submit digital photos to a database to be shared with location scouts, directors and producers.

Read the full article by John Kiesewetter here.

American Airlines Starts Non-stop Service from JFK to Cincinnati

American Airlines announced a daily non-stop service flight between New York and Cincinnati as well as Indianapolis and Norfolk. This addition allows more access to three key business cities for New York residents and also more access to international flights from JFK for Cincinnati residents.

Read the full story here.

Farms Still Call Boone Home

On a hot summer morning Larry McGlasson is out picking fresh apples from trees at his family's Lakeview Farm off bustling North Bend Road near Interstate 275 in Hebron.

It doesn't seem like a scene you'd find often in growing Boone County. Yet, McGlasson carries on. He said these days this farming business is "tough. ... It's more expensive to farm. Equipment's more expensive."
Boone County was once a lot more rural than it is today. However, there are still people like the McGlassons farming.

The public will learn more about the county's agricultural industry when a study is released by the Boone County Farm Initiative during an open house at 5 p.m. Sept. 1 at the Boone County Public Library's Main Library, 1786 Burlington Pike, Burlington.

Read the entire article here.

Northern Kentucky Receives $12M for Transit Projects

More than $12 million is coming to Northern Kentucky to help pay for six different highway and transit projects.

The Ohio-Kentucky-Indiana Regional Council of Governments says the projects will address traffic problems to limit congestion and improve safety.


The Boone County projects include nearly $5 million for a reconstruction project on KY 237 from Conner Drive to Medical Arts Drive. Also in Boone County, $3 million will help pay for a new connector road between Burlington Pike and Turfway Road.


Read the entire article here.

Covington Named One of The 10 Least Expensive Cities for Living in The USA

8. Covington, Ky.

Cost of Living Index: 87.4
Metro Population (including Cincinnati): 2,138,528
Median Household Income: $51,926
Average Home Price: $238,675


Although Covington is just across the Ohio River from Cincinnati, the cost of living in this Northern Kentucky city is lower than in its big-city neighbor. Low housing, utility and transportation costs make Covington more affordable.


Lindner Tennis Center Announces Major Expansion

The Lindner Family Tennis Center announced a major expansion plan Saturday that will bring six more courts and allow men's and women's matches to take place simultaneously at next year's Western & Southern Financial Group Masters and Women's Open.


The expansion will add 5.4 acres to the facility in Mason, as well as a new ticket office and entry plaza. Work is expected to start immediately after the men's finals match on Sunday, with design handled by Browning, Day, Mullins and Dierdorf of Indianapolis and construction by Vector Construction of Northern Kentucky, according to a press release.


The Western & Southern Masters and Women's Open is the largest summer tennis tournament in the nation outside of the U.S. Open. Officials said attendance so far this year is up 4 percent over 2009.

"Cincinnati has had this tournament for 111 years, and this year has been the best. Next year will be even better, I can't wait," said John Barrett, CEO of sponsor company Western & Southern Financial Group.


Read the entire article here.

Duke Names Six Cincinnati Locales for Site-readiness Program

Duke Energy selected six Greater Cincinnati locations for its Site Readiness Pilot Program, which seeks to identify potential development sites and draw new companies or corporate expansions to the counties the utility serves.


The sites are:


• Interstate 75 Richwood Interchange SE (Boone and Kenton counties) Total of about 700 acres.

• 2251 Wayne Madison Road in Butler County. About 244 acres.

• Franklin Business/Shaker Industrial Park at I-75 and Ohio 123 in Warren County. About 343 acres.

• Marydale: Southwest quadrant of Houston Road and Donaldson Highway in Boone County. About 230 acres.

• Clough Point, near McMann Road in Clermont County. About 79 acres.

• Harrison Commerce Center; off I-74 at the Dry Fork exit. About 135 acres with 80 more available.


Read the entire article here.

Tending Stained Glass Treasures

The stained glass for many churches and homes in the region have passed through Cliff Kennedy's Covington shop in MainStrasse the past three decades.

As the stained glass artist prepares to celebrate the 30th anniversary next year of his business, Kaleidoscope Stained Glass, Kennedy soon will start renovating two historically significant windows.
One window is one of only three stained glass likenesses of Abraham Lincoln made during the 16th president's lifetime, Kennedy said.

The other is a 100-year-old, 15-foot-wide, 7-foot-tall Tiffany stained glass window for a church in Ohio, he said.

Read the entire article here.

Landor Windows Inspire Staff, Passersby

It's hard to walk along Race Street north of Sixth these days and not become mesmerized by the windows full of mannequins in gowns of gold, seaglass or copper pennies.

Beside them are carefully hand-drawn portraits of women in lavish dresses, hats and furs circa 1930s-1970s. And embedded within the displays are images of Procter & Gamble products like Tide, Old Spice and Pantene.

The windows line the offices of Landor Associates, a branding and design firm that helps companies like P&G market their iconic brands. It's also the ground floor of the old Shillito's department store building, once housing several floors of clothing, accessories, shoes and home goods.

Through July, these brightly colored and lit displays will catch the eyes of passersby. Along with a public exhibit inside the lobby of the firm, the displays pay tribute to the work of Covington fashion illustrator Anne Wainscott.

Read the entire article here.

Farmers Market Comes to Florence

There is good news for Florence residents who would like farm fresh vegetables and food, but can't always make it down to the Farmers Market in Burlington.

From July through September, farmers will be setting up a mini farmers market in Florence by the Boone County Public Library at U.S. 42.

"We had gotten requests for a market in Florence for a while now, because some people don't have transportation to Burlington where we have our large farmers market," said Coy Wilson, agricultural technologist and market manager at the Boone County Extension Office.

"So first of all we approached the farmers about whether there was an interest in setting up in Florence. Many of our farmers have other jobs, and not all of them can set up on Fridays," Wilson said.

Read the entire article here.


Jeanne Schroer on a Mission to Raise $10 Million to Jump-start Northern Kentucky Redevelopment

Jeanne Schroer has a tall task ahead as the executive director of a high-profile group charged with re-energizing Northern Kentucky's urban cities.

Amid the stock market swings, an ailing housing market and lingering recession, Schroer has been on a mission to raise $10 million from private investors to kick off the initial development fund of Catalytic Development Funding Corp.

Launched by Corporex Cos. CEO and chair William Butler in 2007 with a contribution of $1 million, the corporation was created to jump-start redevelopment in Bellevue, Covington, Dayton and Newport. Loans from the fund will be used to help bridge the financing gap that developers often face when taking on riskier and costlier urban residential and retail projects. It's taken nearly two years for Schroer to define the revitalization strategy, align early allies and raise the initial funding support. Now, Schroer says, she's getting close to a major milestone. She spoke with Business reporter Lisa Bernard-Kuhn last week.

Read the entire article here.

UIFL Announces Third Team, to be Located In Northern Kentucky

The Ultimate Indoor Football League (UIFL) announced today the creation of a third league team for the 2011 season, to be housed at The Bank of Kentucky Center on the campus of Northern Kentucky University in Highland Heights, KY.

 

The team will play seven regular season home games during the 2011 season, which will run from mid-March through June. Football capacity for The Bank of Kentucky Center will be about 6,000.

 

"We're excited to bring professional indoor football to northern Kentucky," said Molly Pascucci, GM of The Bank of Kentucky Center. "The Greater Cincinnati region has a rich tradition of high school and collegiate football excellence, and we are thrilled to be building upon that strong foundation. We believe this team will bring a fast-paced professional football product that is both entertaining and affordable."

 

The UIFL was formed to serve as a training ground to develop professional players, coaches and personnel on and off the field. The league emphasizes fundamental development, career development, community involvement and education to everyone involved with the league and its franchises.

 

The league has already announced teams in Johnstown, PA., and Huntington, WV. The UIFL will announce additional teams in the coming weeks, with an ultimate goal of fielding six or eight teams for the 2011 season.

 

"It has been a pleasure working with the university, SMG and Molly Pascucci the arena manager," said UIFL Co-Founder Michael Taylor. "The Bank of Kentucky Center is a perfect facility for our product, and we are excited to be bringing a team to Northern Kentucky. The UIFL business model was designed to help keep costs down for team owners so that they can achieve long-term sustainability and success. We strive to be the most fan-friendly professional sports league in the country."

 

"When we opened The Bank of Kentucky Center, we emphasized over and over again that it was more than just a facility for NKU athletics," said NKU President James C. Votruba. "We have brought national artists and events that have enhanced the cultural vitality of our region and entertained thousands. Bringing a professional indoor football team to this facility will further expand its impact on our region."

 

The UIFL will conduct a local press conference this summer to formally announce the team, a logo, an ownership group, ticket pricing and other details, including information about how and when a roster will be developed. The league is also conducting a name-the-team contest.

 

For additional information on the UIFL, or to submit a name for the contest, visit http://www.theuifl.com or call (877) 500-UIFL.

 

For details on the Bank of Kentucky Center, visit http://www.thebankofkentuckycenter.com.

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