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Feature Story ZF Steering - ABSTRACT

Congratulations ZF Steering Systems

Northern Kentucky congratulates ZF Steering for breaking ground on one of Kentucky's largest job-creation and investment projects announced in 2010.

Feature Story NKY office - ABS

Committed to Northern Kentucky

Education. Transportation. Regional cooperation. Four business leaders speak out about Northern Kentucky's unique opportunities, challenges, and potential for growth.

Feature Story ZF Steering

Growth company: ZF Steering

One of the world's leading innovators in vehicle steering technology is expanding its operation in Northern Kentucky -- and bringing new jobs along with it.

Mazak goes global from Florence

Mazak Corp. will begin exporting for the first time machine tools assembled at the company's U.S. headquarters in Florence to Japan, Europe and South America. The exports will begin next month, the company said Monday.
 
Mazak is one of the largest machine tool builders in the nation, employing 600 in Florence and 800 at other sales and technical centers across North America. The Florence plant opened in 1974 and has been expanded more than 15 times to more than 600,000 square feet. Read the full story here.

Party Source plans to add bourbon distillery

The family that operates The Party Source liquor and party-supplies store in Bellevue is preparing to build what it promises will be a world-class craft distillery when it opens in Newport around the end of 2012.
 
"When we finish our distillery, at that time it will be the nicest craft distillery, the most sophisticated, and - I hate to say it - the most expensive craft distillery in the United States," said longtime Party Source owner and President Ken Lewis of Louisville.
 
Read the full story here.

Governor lauds Florence plant expansion

Kentucky Gov. Steve Beshear joined company officials and local leaders at a ribbon-cutting ceremony today for the $95.8 million expansion of the ZF Steering Systems facility here.
 
Beshear called the project a collaborative effort to keep a major supplier for the automobile industry in the state.
 
"The expansion of ZF Steering is an excellent example of how state and local government, community representatives and the private sector all worked together to create a strong partnership to create jobs and investment in the Commonwealth," Beshear said. "I couldn’t be more pleased to see this project become a reality and to know that global companies such as ZF Steering continue to display their confidence in the Commonwealth by creating jobs and making long-term investments."  Read the full story here.

Kentucky Pickens opening at the Levee

Stepping into Kentucky ‘Pickens, the new store that’s opening Thursday at Newport on the Levee, shoppers will find themselves immersed in an ever-changing array of antiques, holiday décor, furniture, crafts and other odds and ends.
 
The shop is the latest venture of entrepreneur David Hosea, who owns 21 Northern Kentucky businesses.
 
"We’re going for the feel of an old general store, like if you were in Rabbit Hash, Kentucky,” Hosea said, “or if you were roaming through an old barn." Read the full story here.

Cincinnati Innovates award winners announced

A web site and mobile application that lets parents reward their kids for completing chores took home a top $25,000 prize in this year's Cincinnati Innovates competition.
 
Founders Chris Bergman and Paul Armstrong of the startup ChoreMonster were among 12 winners awarded a total of $115,000 in investments and in-kind support at an awards presentation Thursday evening at Northern Kentucky University. Learn more and find out about other awardees here

Kentucky to leverage nearly $155 million in small business loans

Governor Steve Beshear announced a major small business initiative that will provide Kentucky's small businesses with access to nearly $155 million in new loans to help with job creation across the state.
The Kentucky Small Business Credit Initiative involves three new small business programs implemented by the Kentucky Cabinet for Economic Development to facilitate increased private lending to Kentucky’s small businesses. The programs include: the Kentucky Capital Access Program; the Kentucky Collateral Support Program; and the Kentucky Loan Participation Program.
 
"This program is great news for the Commonwealth and another critical step in the right direction toward improving the Kentucky economy," Gov. Beshear said. "We want all of our families working, and we know small businesses are incubators for new jobs in our state. The small business credit initiative gives these small businesses an easier path to create those new positions. Economic development officials and business leaders deserve credit for working closely to establish the overall program." Read the full story here.

Ensuring Northern Kentucky youth are "Ready for the Future"

The Northern Kentucky Education Council (NKYEC) and local leaders from education, business, government and the community are using new data to help ensure our youth are "Ready for the Future". In 2010, Gallup selected Northern Kentucky as the national pilot site for an enhanced version of the Gallup Student Poll which captures individual student scores around hope, engagement and well-being. 
 
"We are honored that Northern Kentucky has been able to serve as the national pilot site for this poll," said Marianne Schmidt-Hurtt, Senior Vice President, PNC Bank and Chair, NKYEC Board of Directors. "We are focused on improving educational outcomes and these results will help us ensure that our youth are prepared and ready for the future." 
 
Gallup's research has shown that hope, engagement and well-being are key factors that drive future employment, retention, grades and achievement scores. Hope drives attendance, credits earned, and GPA of high school students; predicts GPA and retention in college; and is a more robust predictor of college success than are high school GPA, SAT and ACT scores. Engagement distinguishes between high performing and low-performing schools and wellbeing tells us how our students are doing today and predicts their success in the future.
 
"Many communities invest resources in tracking the skills and behaviors of their students to help drive success, but few are able to dig deeper to capture the attitudes and perceptions of students that drive performance," said Polly Lusk Page, Executive Director, NKYEC. "Even among those who have such data, too few are using it and translating it into action."
 
In Northern Kentucky, local school districts are using these data to help youth plan for their future and build both school and community-based support systems for our students. "We can't ignore our students' thoughts and feelings," said Kathy Burkhardt, Superintendent, Erlanger-Elsmere Schools. "We have been treating the symptoms, such as test scores and grade point averages, but not the causes, such as feeling hopeless about the future, not feeling engaged or not having a strong support system in place to help them reach their goals."  
The Gallup Student Poll gives young people a voice to convey their daily experiences and aspirations for the future. Poll data can facilitate new conversations and solutions that lead to community engagement and school and student success. To help begin these conversations in Northern Kentucky, NKYEC has invited national youth development expert Karen Pittman to be the keynote speaker at their Fall Council Meeting on September 21. Ms. Pittman is the President and CEO of the Forum for Youth Investment and will share what it means for the entire community to take ownership in ensuring that all children, youth and young adults are "Ready by 21" and "Ready for the Future".
 
"The conversation about the future of American youth starts with a shared understanding of hope, engagement and wellbeing," said Karen Pittman. "When local leaders, schools, businesses and community partners work together, communities can prepare a competitive workforce, strengthen the network of supports for all young people, support families and help all young people realize their full potential." 
 
"The Northern Kentucky community must send a clear message to our youth that we have high expectations for their future," said Jim Votruba, President, Northern Kentucky University. "When we help students overcome obstacles and plan for their future, they will not only be more successful in school, they will be more successful in life."
 
"If our community is going to focus on creating jobs and improving the economy, it is imperative that we connect business and education," said Brent Cooper, President of C-Forward, Inc. and current Chair of the Northern Kentucky Chamber of Commerce. "Hopeful, engaged and thriving youth will grow up to be more productive employees and by investing in their futures we help build the workforce of tomorrow."
 
According to Shane Lopez, Ph.D., Senior Scientist and research director for Gallup, 20 years of field research demonstrate that more hopeful students do better in school and life than less hopeful students. Helping students become more hopeful can improve their ability to learn as well as make them more resilient for future challenges. 
 
"What would Northern Kentucky look like if all youth were hopeful?" asked Ms. Page. "At the Council, we believe in the power of these data to galvanize school, business and community partners to take action on behalf of our youth in Northern Kentucky. By working together with our partners to align practice and leverage resources, we can implement strategies that positively affect the lives of our youth." 
 
The enhanced version of the Gallup Student Poll was developed with support from the Ready by 21 National Partnership. NKYEC is serving as the lead agency for coordination and administration of the two-year pilot with support from the United Way of Greater Cincinnati and Vision 2015. Last spring, the poll was administered in 48 schools representing 13 Northern Kentucky public school districts, with more than 20,000 students in grades 5 through 12 participating in the poll. More information regarding the Gallup Student Poll can be found at gallupstudentpoll.com. Learn more at nkyec.org

Kentucky to leverage nearly $155 million in small business loans

Governor Steve Beshear has announced a major small business initiative that will provide Kentucky’s small businesses with access to nearly $155 million in new loans to help with job creation across the state.  
The Kentucky Small Business Credit Initiative involves three new small business programs implemented by the Kentucky Cabinet for Economic Development to facilitate increased private lending to Kentucky’s small businesses. The programs include: the Kentucky Capital Access Program; the Kentucky Collateral Support Program; and the Kentucky Loan Participation Program.
"This program is great news for the Commonwealth and another critical step in the right direction toward improving the Kentucky economy," Gov. Beshear said. "We want all of our families working, and we know small businesses are incubators for new jobs in our state. The small business credit initiative gives these small businesses an easier path to create those new positions. Economic development officials and business leaders deserve credit for working closely to establish the overall program." Read the full story here.

Video Northern Kentucky Sites ABS

Northern Kentucky's thriving office parks and sites

Northern Kentucky enjoys the availability of well-positioned land sites and real estate product both office and industrial. National and local developers as well as the local real estate community have contributed to fast-track development in Northern Kentucky, including road systems, utilities, and overall IT capabilities. Check out a few of the sites and buildings available in the area!

Feature Story TMC Field Station-ABS

Economic Development 101

Northern Kentucky colleges and universities are making strategic partnerships with local companies in a way that improves student experiences and helps NKY businesses attract, train and retain a highly skilled workforce.

Feature Story Psion ABS

Growing company: Psion

A mobile computing solutions company headquartered in London is striving to be on the cutting edge of mobile technology, and Hebron, Ky. is playing a major role in that goal.

Florence lands pharmacy company

HealthWarehouse.com Inc., a mail order pharmacy company, is moving to Florence. The transition has already started and will continue over the next several months.
The company also on Thursday announced a $1.5 million investment from venture capital firm New Atlantic Ventures, which is based in Northern Virginia and Cambridge, Mass, and which makes seed and early stage investments.
HealthWarehouse.com fills more than 3,000 prescriptions a day. It is licensed in all 50 states to sell prescription medication.
Read the full story here.

CSN to open Hebron center this fall

Online retailing company CSN Stores will open a new distribution hub in Hebron this fall. The distribution center will create up to 105 new jobs in the Northern Kentucky region over the next few years. The 155,370 square-foot facility in Boone County represents a $7.7 million investment and is expected to open this fall.
CSN, which is based in Boston, offers more than 3 million items from 5,000 brands at its 250 specialized online stores. 
Read the full story here.

Northern Kentucky in line for 100+ jobs

Three out-of-town companies are considering new or expanded operations in Northern Kentucky that could create more than 100 manufacturing jobs.
Magna-Tech Manufacturing Corp. of Muncie, Ind.; Columbus-based Core Molding Technologies Inc.; and Milwaukee-based Johnson Controls Inc. have received preliminary approval from Kentucky economic development officials for projects that would represent a total investment of $30 million.
Read the full story here. 

Revitalization funds growing in NKY

The Catalytic Development Funding Corporation of Northern Kentucky is one step closer to reaching their $10 million goal thanks to a $1 million commitment from First Financial Bank. The CDFC and its investment fund are designed to serve as catalysts for the redevelopment of Northern Kentucky's urban cities. 
First Financial Bank joins six other local companies in making major investments in the fund, which currently stands at $7.5 million. Once the corporation reaches its goal, it will begin lending to developers. 
Read the full story here.

NKU makes Forbes 'America's Best Colleges' list for third consecutive year

For the third consecutive year, Northern Kentucky University is ranked among the nation's top higher education institutions in Forbes magazine's America's Best Colleges 2011 list, which was released this week.
The list features 650 public and private universities from across the country. Only about 20 percent of America's undergraduate institutions make the rankings, which are exclusively prepared for Forbes by the Center for College Affordability and Productivity, a Washington D.C. think tank. Rankings are based on five categories: student satisfaction, post-graduate success, student debt, four-year graduation rate and competitive awards. 
NKU ranks No. 644 on the list and No. 204 in the South region.
Read the full story here.

TMC celebrates Chapel groundbreaking

Students, staff, faculty, friends and donors of Thomas More College in Crestview Hills, Ky., gathered on Aug. 2 to break ground on the College's free-standing chapel project. The College met its goal of raising $3.5 million to build the Mary, Seat of Wisdom Chapel earlier this spring. Construction bids are still out through the end of the month. Official construction will begin in September, with anticipated completion of the project in early fall of 2012. 
The chapel is being designed by Northern Kentucky-based architects Robert Ehmet Hayes & Associates PLLC.
The decades-long dream of building a chapel became a determined quest in 2009, when President Sister Margaret Stallmeyer, C.D.P., with the support of the Board of Trustees, launched an official fund-raising campaign to make that dream a reality. The Diocese of Covington, under the guidance of Bishop Roger Foys, led the donor list with a multi-year $500,000 pledge, and soon parishes and other donors joined in the effort. A capstone gift from John and Juanita Griffin and family allowed the College to meet the goal this March. 
Read the full story here.