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December 2006
Welcome to
eFYI, your exclusive monthly e-newsletter
from Greater Louisville Inc. - The Metro Chamber of Commerce.
As one of our valued partners, you can count on
eFYI to cover the topics and issues of most
interest and benefit to you. Share your comments and ideas
with us any time at VFisher@greaterlouisville.com.
 Louisville named top
manufacturing city in the Southeast
Man gets new hand after 32
years
Philip Morris site to get new
life
Diggin an arena event
Condos draw affluent
entrepreneurs
Churchill seeks high-tech
answers
$15 million airport upgrade to
proceed
U of L touts cancer
breakthrough
Waterfront Park among nation's
top urban parks
UofL cancer researcher sees
'miracles'
Louisville named top manufacturing city in the
Southeast
Louisville's manufacturing industry accounts
for the most manufacturing jobs in the Southeast, according to
a report published by Manufacturers' News Inc.
Louisville has 65,071 manufacturing jobs, the report
said, ranking the state first in the nine-state Southeast
region.
Ford Motor Co., with 9,300 Louisville employees, GE
Consumer & Industrial, with 5,220 local workers, and
Brown-Forman Corp., with 1,500 local employees, are the city's
largest industrial employers. Read
more.
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Man gets new hand after 32
years
 Louisville doctors
performed the nation's third successful hand transplant,
operating on a Michigan man whose right hand was amputated
after a work-related machine accident 32 years ago.
The
medical team, from Jewish Hospital & St. Mary's
HealthCare, the University of Louisville and Kleinert, Kutz
and Associates Hand Care Center performed the 15-hour
operation, calling the operation a medical
milestone.
The nation's other two hand transplants were
also performed at Jewish Hospital. Read
more.
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Philip Morris site to get new
life
Six years after Philip Morris closed its
cigarette plant at Broadway and Dixie Highway, the 23-acre
site is being sold to a local developer planning a $40 million
commercial and business park.
All nine buildings on
the site -- some of which date to World War II and have a
total of 617,000 square feet of space -- will be demolished to
make way for the mixed-use NewBridge Crossing
project.
It will take at least five years to
fully develop the project, which could create 300 to 500
jobs. Read
more.
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Diggin an arena event
There were
so many officials on hand for yesterday's ceremonial
groundbreaking for Louisville's downtown arena that it
required five waves of shovel brigades.
But local and
state officials said the shovel exchanges were symbolic of the
many players required to bring the long-planned and
often-derailed $450 million project to fruition.
One
dignitary after another mounted a stage set up in a parking
lot near the corner of Third and Main streets, where the arena
will go, to praise the cooperative spirit that emerged earlier
this year to solidify the project. And the speakers boasted to
a sizable crowd that the arena will boost the local economy
and the community's pride.
The first actual work
at the site -- demolition of existing structures -- won't
begin until spring, and construction won't start until
mid-2008. The arena is scheduled to open in fall
2010. Read
more.
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Condos draw affluent
entrepreneurs
The Park
Grande Condominiums project is complete and the list of owners
of the six luxury apartments overlooking Cherokee Park
includes some of Louisville's most prominent
entrepreneurs.
Above the floor with a lobby, theater
and party room is Vencor founder Bruce Lunsford's new place --
at a price of $1.65 million. Two stories above him, Papa
John's pizza magnate John Schnatter bought in for $1.85
million. Read
more.
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Churchill seeks high-tech
answers
Churchill Downs
Inc. is expanding to Silicon Valley.
New President and
CEO Robert L. Evans announced that the company is putting a
team, initially of six to eight people, in California's
high-technology capital to work on initiatives to bring more
fans to racing and other ventures.
Evans said that by
thinking of Churchill Downs as an entertainment company, as
opposed to solely racing, new products can emerge, such as
slots and video poker machines. Read
more.
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$15 million airport upgrade to
proceed
 Louisville
International Airport is proceeding with an upgrade to
accommodate mammoth Airbus A380 freighter jets ordered by UPS
-- even though the European manufacturer is behind on
production and some industry experts say the cargo plane could
be delayed further or canceled.
The improvements, budgeted at $15 million, include adding
a taxiway along the west runway and possibly widening the
runway. The work will be needed even if the Airbus deal falls
through, airport and UPS officials said.
UPS also
has agreed to buy 10 Boeing 747-400s, which are smaller than
A380s but still large enough to require the Louisville airport
improvements. Read
more.
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U of L touts cancer
breakthrough
Two
University of Louisville researchers have developed a vaccine
that prevents lung cancer in mice, a treatment they say could
lead to a vaccine for humans against lung and other forms of
cancer.
John W. Eaton, one of the researchers, presented the
findings at an international cancer conference in Prague,
Czech Republic. Eaton, deputy director of UofL's
James Graham Brown Cancer Center and colleague Robert
Mitchell, assistant professor of biochemistry and molecular
biology, have been working on the project for nearly four
years. Read
more.
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Waterfront Park among nation's top urban
parks
Waterfront Park in
downtown Louisville has been named one of the nation's top 10
urban parks by the Urban Land Institute.
The Waterfront Development Corp. estimates that more than
$350 million in commercial and residential investment has been
made in the waterfront district since the park was created in
1994.
The Urban Land Institute selected the top
10 parks for "fostering interaction, stimulating development,
increasing tourism, and attracting businesses and
residents. Read
more.
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UofL cancer researcher sees
'miracles'
Advanced
melanoma -- a deadly form of skin cancer -- is almost always a
death sentence for patients.
But researchers at the University of Louisville report
dramatic progress with an experimental treatment that already
is prolonging life for a handful of cancer patients.
"We literally are seeing miracles in the clinical
trials," said Dr. Jason Chesney, who presented the findings of
his research team at an international cancer conference in
Prague, Czech Republic. Read
more.
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