January 2007
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.
 Brown Town: UPS Airlines has put Louisville on the map
as an international distribution hub
Amgen plans expansion of distribution center
Gannett to open 240-job call center in C-J building
$5 million logistics center planned for Shepherdsville
Road
Cardiovascular research center set to open
Museum Plaza enlists international art adviser
The found link: UPS's Supply Chain Solutions goes far
beyond warehouse and distribution
Thieneman, Indianapolis developer plan $13 million
distribution
Brown Town: UPS Airlines has put
Louisville on the map as an international distribution hub
 Because
United Parcel Service Inc. chose to locate its fledgling air-cargo
transportation unit in Louisville two decades ago, Louisville's primary
airport later was able to adopt the "international" moniker.
In some respects, the maturation of UPS in Louisville
during the past two decades has broadened the perspective of
Louisvillians, helping them think and operate beyond the borders of the
United States.
UPS has ground, brokerage, business financing,
truckload and less-than-truckload transportation and third-party
logistics operations in Louisville.
But when people in Louisville think UPS, they think
airplanes and Worldport, UPS's largest international shipping hub.
People who have seen UPS Airlines grow from its
inception in 1987 marvel at the astonishing growth the division has
experienced in 20 years.
Today, it is the eighth-largest airline in the world,
with 268 aircraft. It serves 400 domestic and 377 international airports
and flies 1,071 domestic and 767 international flight segments daily. Read
more.
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Amgen plans
expansion of distribution center
Amgen, one of the world's largest biotechnology companies, will spend $38
million on a 27,000-square-foot expansion of its U.S. distribution center
in eastern Jefferson County. The expansion, expected to be completed next
year, will eventually create some jobs at the facility at 12000 Plantside
Drive, though Amgen officials said they don't yet know how many.
The distribution center opened in 1992 and employs
about 40 people. It ships medicines created and produced by
California-based Amgen to hospitals and other health-care providers
around the country. Read
more.
The expansion project might not have happened if not for a bill passed by
the Kentucky General Assembly last year.
Each year, Amgen ships small vials of very expensive
medications---billions of dollars worth of medicine subject to local
property taxes--- both into and out of their Louisville distribution
center. City and state economic development officials worked with
legislators to exempt the medicines Amgen ships by adding
"biotechnology products held in a warehouse for distribution by the
manufacturer" to a long list of other property exempt from local
taxes.
The bill's passage "created a favorable climate" for Amgen to
stay and grow in Kentucky and the tax change has also helped Kentucky
land other biotech-distribution businesses. Read
more.
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Gannett to open
240-job call center in C-J building
Gannett Co. Inc., parent company of The Courier-Journal, will open a
240-job customer-service call center in the newspaper's building.
Gannett plans to refurbish 14,732 square feet of space that was vacated
in 2004 when The Courier-Journal began using new printing presses.
When opened in July, the center will serve up to 33 Gannett-owned
newspapers. Employees will handle calls about late or missing newspapers,
vacation stops and other circulation issues.
Gannett will start hiring in late March or early April. Read
more.
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$5 million logistics center
planned for Shepherdsville Road
Encouraged by the early
success of Global Port, a speculative industrial complex under way near
General Electric Co.'s Appliance Park, developer Bob Duane has put his
own plans for new warehouse space in motion.
Duane and his
company, Duane Realty Inc., are building a $5 million, 126,000-square-foot
distribution center at Shepherdsville and Rangeland roads, just west of
GE.
The first of two
63,000-square-foot buildings is under construction and will be completed
by April. Read
more.
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Cardiovascular research center
set to open
 After
spending three years and about $27 million so far to develop a facility
for cutting-edge heart research, officials at the University of
Louisville and Jewish Hospital & St. Mary's HealthCare Inc. are ready
to open the doors and go to work.
The Cardiovascular Innovation Institute will be used
to conduct early-stage research, animal studies, clinical trials and
other studies aimed at advancing medical care for heart-related
conditions. And it is expected to help draw millions of dollars worth of
public and private research grants for University of Louisville
scientists, according to Dr. Laman Gray, clinical director of the
Cardiovascular Innovation Institute.
The nonprofit institute will be used by about 15 to 20 scientists for
research such as developing sensors that measure the pressure in the
heart and working with stem cells to find ways to regenerate heart
tissue.
Officials also are working to earn a designation as one of only three
large animal laboratories approved by the U.S. Department of Defense to
conduct medical research. That designation could result in additional
funding to test devices before conducting human trials. Read
more.
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Museum Plaza enlists
international art adviser
 A new
international member for Louisville's Museum Plaza planning team has
arrived in town a first round of introductions to the art and business
communities.
Chris Dercon, 48, is artistic director of Hause der
Kunst in Munich, which Adolf Hitler built from 1933 to '37 as a space for
the cultural propaganda of his nationalist art program and a way to
demonstrate the unacceptability of "degenerate," or what was
then contemporary, art. Today, Hause is a contemporary art center.
Dercon is noted for his experience in transforming
older museums into vibrant community centers of art.
Dercon's presence in Louisville underscores the increasingly global
position of the $465 million riverfront project that is scheduled to
break ground early next year. Read
more.
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The found link: UPS's Supply
Chain Solutions goes far beyond warehouse and distribution
 When
officials with Actavis Group determined that the company could save money
by focusing on its core business of making generic pharmaceuticals and
outsourcing inventory management and product distribution, it called on
United Parcel Service Inc.
UPS's Supply Chain Solutions subsidiary offers a variety of third-party
logistics functions, including warehousing, order fulfillment and
shipping.
Worldwide, Supply Chain Solutions serves all types of businesses, but in
Louisville, the company has begun to focus on providing services to
high-tech, health care, medical-device and pharmaceutical businesses. Read
more.
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Thieneman,
Indianapolis developer plan $13 million distribution
Louisville developer Chris Thieneman has partnered with the Indianapolis
office of an Illinois development firm to bring a large distribution
facility to southwest Jefferson County.
Chris Thieneman LLC and Rosemont, Ill.-based Verus Partners will invest
about $13 million to buy land and build a 378,000-square-foot speculative
distribution facility on 24 acres.
Construction on the distribution facility is expected to begin by the
third quarter of 2007.
Read
more.
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