The AT&T Foundation has contributed $100,000 to Kentucky Educational Television to support a new media technology program to train students and teachers across the commonwealth. The program will emphasize science and the arts, and will provide hands-on training for thousands of teachers and students across Kentucky in the use and creation of rich multimedia resources. The equipment packages will also be available for other computer training.
The Lexington Herald-Leader eliminated another 53 positions last month as the newspaper implemented its fifth round of layoffs in less than a year. In a business dependent on advertising revenue, the newspaper industry has been slammed by the country’s economic problems as advertisers cut back their ad budgets or, in some cases, have gone out of business altogether. In the last four years, the Herald-Leader staff has shrunk from 465 employees to 286 and most remaining employees, including the executive staff and publisher, are seeing their wages cut. The paper has also eliminated its printing press day shift and will have items such as the weekly TV book and Sunday comics printed by The (Louisville) Courier-Journal.
Komatsu America Corp. plans to close its Lexington manufacturing plant by November, eliminating some 115 jobs. The plant remanufactures engines and other components used in construction and mining equipment. The company is also closing plants in Georgia and Canada, which will eliminate a total of 500 positions.
The American Basketball Association has added an expansion team for the 2009-2010 season that will be based in Lexington. The Bluegrass Stallions will be coached by former University of Kentucky basketball standout Kyle Macy, who spent seven years in the NBA and coached Morehead State University for nine years. The Stallions will begin playing in November. The ABA also has two other Kentucky teams: the Kentucky Bisons, out of Owensboro, and the Kentucky Travelers, of Louisville.
Lexmark International is expanding its printer distribution at six office superstores as part of a company strategy to increase focus on the small-business market. The company’s Professional Series of printers and all-in-one fax/printer/scanner products, which have been designed to meet the needs of small- and medium-sized businesses, will be carried by Staples, Office Depot, OfficeMax, InkStop, MicroCenter and Fry’s.