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Feature Story NKY Map - abs

Signature Tri-ED catalog highlights NKY business solutions

With the new Signature Sites and Buildings catalog, Northern Kentucky shows site selection professionals the region's competitive edge.

Feature Story Newly Weds Foods - abs

Newly Weds Foods to open manufacturing plant in Boone County

Newly Weds Foods joins over a dozen food manufacturers and distributors in the region. Northern Kentucky's skilled workforce and central location enticed the Chicago-based company to open its thirteenth manufacturing center nationwide in Boone County. 

Southern Air moving headquarters to CVG to be nearer to DHL

Southern Air, an air freight operator, is moving its headquarters to the Cincinnati-Northern Kentucky International Airport (CVG). The move will bring Southern Air closer to its largest customer, DHL, which also has it major operations at CVG. Northern Kentucky already represents Southern Air's largest hub of activity.
 
The move has been in the works since mid-2012. Read the full story here.

bioLOGIC is bigger and open for business

Covington's bioLOGIC is expanding and expecting to attract related companies. The life sciences incubator will triple its size when it moves in its newest companies in March. 
 
"Our goal is to be the first stop and the first step for anything in life science. They can start here and if there are resources on the Kentucky side that are good for them we'll take them that direction. If it's on the Ohio side, we can work though that as well."
 
Northern Kentucky Tri-ED hopes to connect these growing life sciences companies to resources and support in Boone, Kenton and Campbell counties. Says Karen Finan, Senior Vice President of Northern Kentucky Tri-ED, in a report from WVXU: 
 
"And while I can't name companies specific at this point, I can say that we do expect a number of announcements over the course of this year and next as we continue to get the word out about life sciences in Northern Kentucky in concert with the availability down at the bioLOGIC Center." Read or listen to the full story here.

Boone boom keeps expansion going

Boone County had more new economic development projects than any metropolitan area of comparable size in the country in 2011, according to the Northern Kentucky Tri-ED.
 
A total of 18 economic development projects were announced in Boone County in 2011. The positive economic development outlook in the region has continued throughout 2012 and into 2013, where in Boone County alone, 23 projects have  received at least preliminary approval for state tax incentives since Jan. 1, 2012, according to a database maintained by the Cabinet for Economic Development. Read the full story here.

Frontier flights may add $16M to economy

Frontier Airlines' arrival at the Cincinnati/Northern Kentucky International Airport this spring is projected to have a $16 million annual impact on the local economy, according to results of an airport-commissioned study.
 
That is for one nonstop flight, six days a week between CVG and Denver International Airport. Reports the Cincinnati Enquirer:
The number is large and it may be surprising, but it should remind people that airline flights are of high value to the community, said aviation consultant Michael Miller, who did the study for CVG.  
Read the full story here.

New retail development coming to Northern Kentucky

An Indiana company purchased about 1.6 acres of land in Northern Kentucky for a new retail development.  
Thompson Thrift Development bought the land at 2800 Alexandria Pike, near Northern Kentucky University, and plans to build a more than 13,000-square-foot retail center. The project will be anchored by City Barbecue, Firehouse Subs, Pizza Hut and Ft. Thomas Jewelers. About 5,300 square feet remains available for lease. Read the full story here.

Legion Logistics adds 24 employees, $1M investment

A company that began in a Union, KY basement is expanding, adding 24 jobs and a $1 million investment to the region.
 
It's the second expansion in just one year for Legion Logistics, which moved to its current facility in Florence in March 2012. Last year, Legion tripled its workforce. This expansion will more than double it, and add 2500 square feet to its existing space to meet growing customer demand.
 
Legion was founded in 2009 by Tony Coutsoftides, a service-disabled veteran who immigrated to the U.S. from Cyprus when he was 16 years old to pursue a career in the military. After his injury, he translated his skill and experience in military logistics into an innovative customer service-based business that filled a need in the market. 
 
"Our mission is to be the best service provider we can be," says Lacy Starling, president of Legion Logistics. "That means providing our customers with seamless solutions, working with carriers to be ethical … [and] creating a work environment where people feel ownership, understand what their work means, are part of the goal-setting process, and are excited to come to work every day." 
 
Starling credits a supportive environment for business growth for Legion's decision to stay in Northern Kentucky. 
 
"We had options when we looked to move out of the house," Starling says. "It was a question of: Where do we feel at home in the community? Where have we been accepted and welcomed? Whenever we reach out to the Northern Kentucky community, we're referred to folks who are willing to just bend over backward to help you … and are willing to help you tap into their networks." 
 
Legion's expansion was aided by the Kentucky Business Investment (KBI) program. To encourage the investment and job creation in Northern Kentucky, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $300,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
 
Coutsoftides, Starling and their employees have collaboratively set aggressive goals for the company's growth this year, so Northern Kentucky can look to Legion for more good news in the future.
 
"Our recruiting staff is sort of bleeding from the eyes right now, but when your employees set those goals and are involved in the process, they put in the extra time and effort to make it happen," Starling says. "I believe 100% that my employees can accomplish anything they put their mind to. I have no doubt that we're going to get there."

Gov. Beshear digs NKY nursing facility

Governor Beshear broke ground this month on a nursing facility in Cold Spring, KY that will add 200 jobs and a $24M investment to the local economy.  
"Any time we can announce something like that, you can bet I'll be here," Beshear said at the press conference. 
The Carespring Health Care Management transitional facility will provide care to residents that need extra services as well as short-term rehabiliation services. Read the full story here.
 

Westpack to locate new manufacturing facility in Covington, create 63 jobs

With a low cost of business, high quality of life, and lots of bourbon, Kentucky just makes sense for Westpack. 
 
The Russia-based bottle decorating and packaging company could have located their new manufacturing facility anywhere in the world. But expanding into the U.S. market was a natural next step for the company, which has plants throughout Europe.   Kentucky turned out to be the perfect fit. Westpack will establish its U.S. manufacturing operations in Covington, creating 63 jobs and investing nearly $4.5 million in the local economy.
 
"Selecting the right state for our production was a function of customer logistics, business operating costs and quality of life," said Simon Mnoyan, Westpack Managing Director, in a press release. "The Commonwealth of Kentucky provided and met all three requirements for our expansion. We would like to express our gratitude to the Commonwealth and the city of Covington for guidance and support in our endeavor."
 
Westpack joins approximately 420 internationally-based companies from 30 nations in the Commonwealth of Kentucky, which together employ nearly 80,000 people.
 
Westpack will mainly serve spirit, wine, and of course bourbon producers, as well as the perfume and cosmetic industries. The company will also produce promotional tumblers and other items for the tableware industry, according to Sam Popianksy, director of business development for Westpack. The company's services include screen printing, etching and frosting, electrostatic and liquid organic spray coating, automated hot stamping, PSL and decal application.
 
The company will locate in an redeveloped vacant building in the Latonia neighborhood. 
 
"The redeveloped building will hopefully attract new companies to the area and breathe new life into the market," says Karen Finan, senior VP at Northern Kentucky Tri-County Economic Development Corporation.
 
To encourage the investment and job creation in Covington, the Kentucky Economic Development Finance Authority  preliminarily approved the company for tax incentives up to $1.5 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
 
Read more news about growing companies in Northern Kentucky at northernkentuckyusa.comCaitlin Koenig of Soapbox contributed reporting to this story. 

Feature Story Tri-ED - 220

Learn more at NorthernKentuckyUSA.com

To learn more about the business climate, job growth, and the benefits of growing your business in Northern Kentucky, visit Northern Kentucky Tri-ED at NorthernKentuckyUSA.com or call 888-874-3365.

Feature Story NKY Convention Center

Study: Tourists spending big in Northern Kentucky

Over 22 million people visited the Greater Cincinnati region in 2011, contributing $4.3 billion to the economy. A recent economic impact report suggests that tourism will only get bigger in years to come. 

Feature Story Castellini - 220

NKY resources abound for entrepreneurs

For those who dream of starting a business, Northern Kentucky boasts a robust entrepreneurial ecosystem. Here's how to chart your course, from higher education to mentorship programs to mastery. 

Thousands of jobs created in Boone County in 2012

New and existing companies created or committed to create thousands of jobs in Boone County in 2012, in part due to efforts by Northern Kentucky Tri-County Economic Development Corportation.  Writes Boone County Judge / Executive Gary Moore in an op-ed for the Cincinnati Enquirer:
As chair of Tri-ED's Board of Directors and chair of the business retention and expansion committee, I was pleased to assist with the launch of NKY Boost, an enhanced effort to serve our existing businesses in Boone County and Northern Kentucky. Our goal is to visit primary industry employers in Boone County on a regular basis. We will be meeting with companies that directly create jobs in fields of advanced manufacturing and technology. Through these meetings, we will help our existing companies address workforce needs, identify expansion opportunities and facilitate solutions to any challenges they are facing. Duke Energy's sponsorship and ongoing support of this program is a groundbreaking move for the community and will have tremendous impact on our business base.   
Read the full story here.

Kentucky among top 10 in the U.S. for education

Kentucky's ranking in an annual ranking of states on key education indicators rose four places in 2012, making it tenth in the nation for its efforts to improve teaching, raise student achievement, crade-to-career efforts, and other variables related to public education.
 
Each year, Education Week produces a special issue, "Quality Counts." The report tracks key education indicators and grades states on their policy efforts and outcomes. Last year, Kentucky ranked 14th in the nation. In 2010, the state was in 34th place in this annual report. On the release of the report, Kentucky Education Commissioner Terry Holliday called Kentucky an "emerging leader in education" in the United States.  Read the full story here.

Kentucky, Ohio, Indiana sign landmark water agreement to spur innovation

Here comes the flood: Water is about to be a life force for innovation in Northern Kentucky. Regulators from Ohio, Kentucky and Indiana signed a landmark agreement this month aimed at making Greater Cincinnati more attractive location for water technology companies.  
The multi-state memorandum of understanding has been brokered over the past two years by Confluence, a nonprofit working to make the broader Dayton-Cincinnati-Northern Kentucky region an international hub for water technology research and commercialization. It was signed on January 16.  Reports the Cincinnati Business Courier:
Prior to the agreement, a company that wanted to test some new water technology had to apply for permits one state at a time, jumping through the same regulatory hoops over and over. This agreement allows Confluence to work with companies to complete testing that can be approved by all three states at once – dramatically speeding time to market. It also should help state agencies, which struggle with the manpower to process such approvals, said Ohio EPA Director Scott Nally, a big supporter of the MOU.  
Read the exclusive report here.

NKU center gives startups a boost

The Cincinnati Enquirer profiles Barbara Wagner, director of the Small Business & Nonprofit Law Clinic at the Salmon P. Chase School of Law at Northern Kentucky University. Wagner oversees a program that provides local entpreneurs and small business owners with free legal advice -- serving as "another important piece of the puzzleas this region builds out its innovation ecosystem":
Beyond the work itself, Wagner views herself as a “connector,” and is networking on behalf of herself and her students with the local entrepreneurial community. The idea is to connect people with resources, jobs … and each other. She also wants to expose her students to a variety of businesses, which will better prepare them for their legal careers, and also keep things interesting at the clinic.
Read the whole story here.

PizzaBomba opens storefront in Covington

PizzaBomba, a Northern Kentucky food truck, is no longer just on four wheels. As of Dec. 26, PizzaBomba opened its doors to its permanent location on E. Fifth Street in Covington. Both the food truck and the store serve New York-style pizza, made with homemade dough and sauces and local ingredients.
 
PizzaBomba’s owner, Bill Stone, put himself through college bartending and waiting tables at a high-end Italian restaurant in Rochester, NY. He’s also worked in Cincinnati restaurants and been trained in food and beverage management.
 
Stone and his partner Terri Wilson, who helps with PizzaBomba when she can, began their food truck last March 30. After their fast success, a storefront seemed like the next logical step, says Stone.
 
If you’re looking for something a little out of the ordinary, the Load of BS pizza is topped with homemade pizza sauce, Brussels sprout leaves, bacon and ricotta cheese. PizzaBomba also serves salads, sandwiches (atop homemade bread) and pasta skillets. Customers keep coming back for the Bangin’ Elvis sandwich, which is topped with creamy Thai peanut butter, pepper jelly and bacon, says Stone.
 
Stone currently employs four people, and once PizzaBomba’s POS system is completely up and running, they’ll start delivery service to Covington, Newport, Bellevue, downtown Cincinnati and Over-the-Rhine to Liberty Street. PizzaBomba is still waiting on its beer-only license from the state, but they’ll soon serve local brews and a few higher-end microbrews.
 
The restaurant is open Tuesday-Thursday from 11 a.m. to 9 p.m., Friday and Saturday from 11 a.m. to midnight and Sunday from 11 a.m. to 9 p.m. If you’re looking for the food truck, make sure to follow PizzaBomba on Facebook and Twitter to find its daily location.
 
By Caitlin Koenig This story originally appeared in Soapbox on Jan. 8, 2013.
 

NKY-based U.S. Playing Card gets casino deal

Erlanger-based U.S. Playing Card Co. has received a lucrative card contract to supply all decks to the Horseshoe Casino Cincinnati, which opens March 4.
 
The contract means the local company will supply hundreds of thousands of decks to the downtown casino. Dealers and table game supervisors already are practicing with custom-made cards from the company's premium Bee line.
Reports NKY.com:  
"We're excited because it's a local business, and it's a contract with one of the biggest casino companies in the world," said Karen Baer, senior product manager with U.S. Playing Card.  Read the full story here.

Inaugural UpTech class finishes successful Demo Day at NKU

Eight Northern Kentucky startups were unveiled to a roomful of educators, aspiring entrepreneurs and potential investors at a Demo Day event at Northern Kentucky University. Following drinks, bites and conversation, each company's founder pitched their vetted and nurtured informatics-based idea. The companies came from a variety of places; some are still in the beta stage, while others are on the market with paying customers. All grew dramatically in six months as the first class of Northern Kentucky's UpTech superaccelerator. UpTech is a new business informatics incubator launched by several Northern Kentucky institutions, including Northern Kentucky University, Tri-ED, ezone and Vision 2015. The intense, six-month accelerator program started in June and included $100,000 in funding. Companies selected to participate will also be working with students and faculty at NKU's College of Informatics. The organization plans to invest in 50 companies over the next five years. It’s funded mostly by private investors and some state funding. Many of UpTech’s mentors and support service providers are students and volunteers. Through a series of programs, Up-Tech guides participant startups through areas of business development that range from marketing and fundraising to market research and pitching the company to both investors and clients. Each company must stay in the Northern Kentucky region for two years after completing the program. During Demo Day, companies outlined their business ideas, their stages of business development and ended by asking for investment for continued growth. Each company had one-on-one coaching with mentors, in addition to the volunteer business team they were assigned. You can read about the UpTech companies here. Some companies made big changes in their business focus, names or even their business idea through the process. For example, Adam Treister came out of UpTech with a new company name, logo and revised direction. Student Source, formerly Student Designed, is an online student freelance work site. The company, which is working with local and other universities, matches students with businesses seeking contact work. Projects range from $50 to $5,000. Student Source has three partners and has raised $145,000 to date. Treister found the UpTech experience invaluable. "Working closely with NKU gave us an inside view of what universities are looking for, and how to better meet the challenges of partnering with a university," he says. While in UpTech, Triester also made a change in how businesses connect with students. Initially, company projects had to go through a professor who could use the idea as a class project. Now, companies can work directly with a student, speeding up the process. "We launched this version a week ago, and we're really excited," Treister says. By Feoshia H. Davis This story originally appeared in Soapbox on Dec. 11, 2012.