Home » Lane Links: Ky business news roundup

Lane Links: Ky business news roundup

A group of investors has bought iconic Calumet Farms, the visual definition of a signature Kentucky Thoroughbred operation, for $36 million. Its white plank fenced pastures and red-trimmed, steepled barns are an image known around the world. A Louisville lawyer is the face of the unnamed investors, who plan to lease operation to a horseman who has a colt in Saturday’s Kentucky Derby. READ THE FULL STORY

To raise the visibility of cancer awareness, Jeffboat launched a new 200- by by 35-foot pink barge Thursday afternoon. Jeffboat, America’s largest inland shipbuilder and repair facility, operates near Louisville on 68 acres with Ohio River frontage in Jeffersonville, Ind. READ THE FULL STORY

A 16-year court battle between a dairy farm and the city of Stanford was resolved with a jury upholding the terms of a 120-year-old land donation deal and requiring the town to pay $94,000 in damages for cutting off water for three weeks in 1996. READ THE FULL STORY

Owensboro Municipal Utilities customers will soon see an increase in their electric bills, with the average residential customer paying $9.38 more a month by the first of next year. That translates to a 9.6 percent increase. READ THE FULL STORY

Perry Madden is working to renovate some of downtown Ashlands’s most prominent but now disused buildings into apartments and refreshed commercial space at ground level. READ THE FULL STORY