Mazak Corporation announced Friday that it will significantly expand the company’s North American manufacturing plant in Florence, Ky. This expansion will allow for increased production and support of new and additional Mazak machine models in Kentucky, and increase the facility’s potential production capacity to 200 machines per month to meet surging customer demands. Completion of the expansion is set for the fall of 2013.
Giving a historic bank new life as a chic cocktail lounge earned a preservation award Sunday for Andy Shea and Kerry Glass when the Blue Grass Trust for Historic Preservation presented its annual Preservation Awards, reports the Lexington Herald Leader.
The Blue Grass Trust presented awards to 15 winners in 10 categories during the ceremony at the Hunt-Morgan House in Gratz Park.
As sluggish as the economy is for many adults, it’s even tougher for teens trying to get summer jobs, the Louisville Courier-Journal reports.
Nationally and in Kentucky, those between the ages of 16 and 19 face some of the highest unemployment rates of any age group.
Last summer, 16.2 percent of Kentucky teenagers looking for work couldn’t find it, according to the most recent statistics from Northeastern University’s Center for Labor Market Studies, compared to 25.2 percent nationally, the paper reports.
A worsening shortage of truck drivers is pushing up freight rates and delaying some deliveries, defying the weak economy, high unemployment and falling gasoline prices, reports USA TODAY.
Many Baby Boomers are retiring and fewer young people are interested in long-haul-trucking careers that often require drivers to be away from home for weeks at a time, says Ben Cubitt, senior vice president of Transplace, which manages freight delivery for businesses, the paper reports.
When it comes to the economy, half of Americans in a new poll say it won’t matter much whether Barack Obama or Mitt Romney wins — even though the presidential candidates have staked their chances on which would be better at fixing the economic mess, USA TODAY reports.
People are especially pessimistic about the future president’s influence over jobs, according to the Associated Press-GfK poll. Asked how much impact the November winner will have on unemployment, 6 in 10 gave answers ranging from slim to none.