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May 2008
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.
 Ford committed to Louisville
Humana among magazine's Top 10 corporate citizens
Louisville one of top cities for affordable housing
Best Cities For Cycling: Louisville, Kentucky
Designers release details of new span
Five Kentucky companies make Fortune 500
Ford committed to Louisville
As Ford Motor Co. plans to reinvent or replace its entire lineup by 2010,
the Louisville Assembly Plant will produce "something new with real
presence in the marketplace," according to Mark Fields, the
automaker's vice president of the Americas.
Talks with Kentucky economic-development officials continue, Fields said,
to tailor hundreds of millions of dollars in state incentives to
transform the Louisville Assembly Plant on Fern Valley Road into a
flexible manufacturing center capable of producing multiple makes and
models.
While Fields declined to say what type of vehicle Louisville Assembly
would build after 2010, when Explorer production ends, he stated that,
"We have made a commitment to Louisville. We are going to fulfill
that commitment." Read
more.
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Humana among magazine's Top 10 corporate citizens
Humana Inc. has been included in Corporate Responsibility Officer
Magazine's 2008 list of the "100 Best Corporate Citizens."
Large-cap companies were ranked based on their efforts in the areas of
climate change, employee relations, environment, financial performance,
governance, human rights, lobbying and philanthropy. Read
more.
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Louisville one of top cities for affordable housing
 A recent Bizjournals.com
study comparing housing affordability in the top 50 metropolitan areas
nationwide showed that Louisville, with a No. 11 ranking, is one of the
least expensive markets in which to own a home.
Rankings were based on the percentage of median monthly income in 2006
that was required to meet the median housing payment per month, which
consisted of the median mortgage per month and the median property-tax
payment per month. Read
more.
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Best Cities For Cycling: Louisville, Kentucky
 Louisville has
been named one of the Top 3 Most Improved Cities for cycling by Bicycling
Magazine.
Prior to 2005, the Gateway to the south, with its half-million residents,
was marginal, at best, from a city biker's perspective: It had no bike
lanes, a measly two shared-use paths and a number of
halfhearted-but-never-implemented plans for bike-friendly facilities. But
faced with several challenges--traffic congestion, the need for downtown
revitalization, his city's obesity problem--Mayor Jerry Abramson saw the
positive impact bikes could have when he visited bike-friendly Vail,
Colorado. Back home, he called a citywide bike summit in February '05,
and Louisville hasn't been the same since. Read
more.
Mayor Jerry Abramson recently dedicated the first section of the planned
100-mile Louisville Loop around Jefferson County with a ribbon-cutting
ceremony. A Louisville Loop marker sign was also unveiled. The 23-mile
section, which includes the Riverwalk and the new Levee Trail, cost $3.8
million, according to city officials.
Louisville Loop is part of the City of Parks initiative, which will add
4,000 acres of parkland to the city. Read
more.
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Designers release details of new span
 Bridge
designers released their choices for specific details of a planned
downtown span between Louisville and Jeffersonville, Ind.
The
design details -- from towers to light fixtures -- were unveiled during
an open house in Jeffersonville.
The
details include color schemes, general design and lighted renderings of
the bridge, which would be built just east of the Kennedy Bridge. Read
more.
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Five Kentucky companies make Fortune 500
Five Kentucky companies -- led by health insurer Humana Inc. -- are part
of this year's Fortune 500, an annual ranking of the nation's largest
companies in terms of revenue.
Humana ranked No. 98 and Louisville-based Yum Brands Inc. (NYSE: YUM),
which owns the Taco Bell, Pizza Hut and KFC fast-food chains, ranked No.
253.
Chemical company Ashland Inc. and pharmaceutical firm Omnicare Inc., both
based in Covington, and Lexington-based printer manufacturer Lexmark
International Inc., ranked No. 322, No. 386 and No. 470, respectively. Read
more.
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