Alltech’s Lexington Brewing Co. is adding a distillery that will produce a new malt whiskey named after Alltech founder Pearse Lyons. The first Lyons Reserve is expected to be ready in time for the 2010 Alltech FEI World Equestrian Games.
As part of the company’s plans to bolster its inkjet division, Lexmark is closing its inkjet cartridge manufacturing facility in Chihuahua, Mexico, where it employs approximately 650 people. The company plans to relocate the Chihuahua operations to a lower-cost country, a move that it estimates will result in a total annual savings of about $9 million.
The Radisson Plaza Hotel in downtown Lexington has been rebranded as the Lexington Downtown Hotel & Conference Center. A comprehensive renovation of both the guest rooms and public spaces is planned for the 376-room hotel.
A new study out of the University of Kentucky shows that emergency room visits for asthma have decreased by 22 percent since the city of Lexington enacted smoke-free legislation. The study, which appears in the September issue of the Journal of Allergy and Clinical Immunology, is the first to find a link between smoke-free laws and reductions in emergency visits for asthma in the general population.
Statistics released by the Lexington-Bluegrass Association of Realtors show that as of June 30, the year-to-date median sales price for area homes was unchanged. The statistics are in sharp contrast to national figures, which showed a 6.3 percent drop in median sales prices in May 2008.