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October 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.
2008 Ryder Cup; From Tee to Shining Tee
Eaton to invest $160 million in data centers
Software maker completes move to Louisville, changes name
Every1Reads reaches goals
Reynolds aluminum foil plant to upgrade, add 100 jobs
Kentucky colleges, universities issue most degrees, credentials
Whiskey Row Lofts to include 27 dwellings, offices and restaurants
2008 Ryder Cup; From Tee to Shining Tee
 After a weeklong, citywide celebration of music, rallies and elegant galas, one of golf's most prestigious events ended in sweet victory for the Americans.
Nine years of Ryder Cup frustrations vanished in a frenzied 10-minute period on the 17th green at Valhalla Golf Club.
With a raucous crowd covering every inch of the grounds around the hole, U.S. captain Paul Azinger riding down the fairway in his cart pumping up the fans and "Boooo" cheers echoing throughout the golf course, the underdog Americans pulled it off.
First Campbellsville's J.B. Holmes and then Jim Furyk closed out their matches on No.17, sending the Americans to their first Ryder Cup victory since 1999. Read more.
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Eaton to invest $160 million in data centers
Eaton Corp., a Fortune 250 company that manufactures products for a variety of industries, plans to build identical data centers in Shelby and Jefferson counties.
The Cleveland-based company will invest a total of $160 million for both facilities, each of which will be 55,000 square feet.
The two data centers will have a combined work force of 15 to 20 workers with an annual payroll of $1.1 million to $1.5 million. Read more.
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Software maker completes move to Louisville, changes name
A Minnesota-based software developer has completed moving its executive offices and financial team to Louisville, bringing its local employment to about 50.
Dairyland Healthcare Solutions LLC also has announced that it will be called Healthland, a name that better reflects its core business of providing software for rural hospitals. The company offers a suite of nearly 40 software applications to help very small hospitals manage everything from billing to running their pharmacies. Read more.
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Every1Reads reaches goals
 Every1Reads, a program focused on improving the reading skills of Jefferson County students, has achieved its goal of raising $8 million.
Jefferson County Public Schools matched the funds dollar for dollar.
The funds are being used to train volunteers, create reading curricula and develop teacher and staff education programs. Read more.
In addition to the fund-raising goal, Every1Reads reached another milestone when it trained its 10,000th volunteer. The volunteers serve as mentors and work one-on-one with students on their reading skills. Read more.
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Reynolds aluminum foil plant to upgrade, add 100 jobs
The maker of Reynolds Wrap aluminum foil is making a major investment in its West Louisville facility that could result in 100 new jobs for Louisville.
Reynolds Foil Inc. announced its expansion plans at a meeting of the Kentucky Economic Development Finance Authority in Frankfort.
The company will spend $13 million to upgrade and provide new technology and equipment at its aluminum foil production plant.
The expansion will also add 100 positions, which would have an annual average payroll of $4.6 million. Read more.
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Kentucky colleges, universities issue most degrees, credentials
Kentucky's public universities and colleges awarded a record number of degrees and credentials in the 2007-08 academic year, according to state officials.
In all, 45,904 degrees and credentials were conferred by public institutions.
That is 4.5 percent more than the previous academic year. Read more.
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Whiskey Row Lofts to include 27 dwellings, offices and restaurants
 Two neighboring historic Main Street buildings near the downtown arena site are being restored to include 27 dwellings, offices and restaurants.
The Whiskey Row Lofts project will cost about $18 million. It is being developed by siblings Julie "Valle" Jones and Stephen Jones and by Bill Weyland, an equity partner and the project architect.
The name Whiskey Row reflects that the block was the cornerstone of Louisville's whiskey-distribution and warehouse industry a century or more ago.
Construction should start next spring and be completed in 2010. Read more.
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