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March 2009
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.
Coke opens first tech center outside Atlanta in Louisville
Norton Healthcare plans $100 million investment in neuroscience
University of Louisville receives supercomputer for research
Clinical trial of cardiac stem cells to start
MBA students flock to region's programs
UPS named ‘Cargo Airline of the Year’
Company that manages planes for other companies moves to Louisville
Coke opens first tech center outside Atlanta in Louisville
 Coca-Cola Enterprises recently opened its new Information Technology Development Center in Louisville.
The business and information-services center will be an extension of IT services provided from the system's Atlanta group, where Coca-Cola Enterprises has its headquarters. It also is designed to reduce reliance on external contractors. The company expects to have 35 employees by the end of the year. Read more.
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Norton Healthcare plans $100 million investment in neuroscience
 Norton Healthcare Inc. has committed to invest as much as $100 million during the next 10 years to expand services related to neurological disorders and conditions.
With the creation of the Norton Neuroscience Institute, the health care provider plans to expand diagnostic and treatment services, research efforts and outreach into other portions of the state. A goal of the institute is to fill gaps in neuroscience coverage in the community by attracting neurosurgeons from other areas and adding new technology. Read more.
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University of Louisville receives supercomputer for research
 The University of Louisville is set to employ the resources of what it calls "the most powerful academic high-performance computing system in Kentucky."
The university has taken delivery of an IBM supercomputer capable of 25 trillion calculations per second. IBM and U of L said it is one of the 500 most powerful computers in the world. The supercomputer will be used to help solve complex research problems in areas such as cancer research, materials science, atmospheric modeling, visualization and bioinformatics. Read more.
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Clinical trial of cardiac stem cells to start
Louisville doctors plan to begin enrolling patients in what they are calling the world's first clinical trial using adult cardiac stem cells to heal hearts.
Doctors from the University of Louisville and Jewish Hospital & St. Mary's HealthCare hope to treat 20 patients who are suffering from heart failure, have had a heart attack and need to undergo cardiac surgery. They also hope to recruit 20 control subjects.
The trial uses adult stem cells taken from the patient's own cardiac tissue. A small piece of tissue that is routinely removed during bypass surgery will be frozen and sent to colleagues at Brigham and Women's Hospital and Harvard University in Boston so that stem cells can be isolated, expanded and prepared before being sent back to Jewish Hospital for use in trial participants.
After the patient recovers for three or four months, doctors will inject the person's stem cells directly into cardiac scar tissue using a minimally invasive cardiac catheterization procedure that reaches the heart through a large artery in the leg. Read more.
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MBA students flock to region's programs
Boosted by rankings that list it among the country's best, enrollment at Indiana University Southeast's MBA program has soared recently, despite stiff local competition from Bellarmine University and the University of Louisville.
Fall enrollment in the IUS program in New Albany grew in 2008 by 16 percent, to a record 253 students, following a BusinessWeek ranking the previous year that put IUS 18th nationally and third in the Midwest among part-time programs leading to a master's degree in business administration. Current enrollment is up 14 percent to a spring-semester record 251.
U of L has 292 MBA students this semester but expects that number to build to about 360 when it adds a full-time program to its current offerings next fall. Bellarmine has nearly doubled fall enrollment in its MBA program over the past five years, from 120 students in 2003 to 230 students in 2008. Read more.
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UPS named ‘Cargo Airline of the Year’
 United Parcel Service Inc.'s UPS Airlines division has been named 2009 "Cargo Airline of the Year" by industry trade publication Air Transport World.
The award was based on UPS Airlines' history of successful global growth, expansion into heavy freight and commitment to safety and technological innovation. Read more.
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Company that manages planes for other companies moves to Louisville
Joe Pendergrass, owner of the charter air company Bluegrass Air, recently moved his main office from Georgetown, Kentucky, to Louisville International Airport.
Bluegrass Air manages a total of six planes, stationed either at Bowman Field, Louisville International Airport or airports in Cincinnati, Lexington and Georgetown, Kentucky.
The company acts as a flight department for its clients, overseeing the maintenance, scheduling, insurance and staffing of a client's plane. Bluegrass Air also pays the client a fee to use the plane for other charter flights.
Pendergrass made his move to Louisville's main airport because said he believes the Louisville market is ripe for this kind of service. Read more.
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2009 © Greater Louisville Inc. - The Metro Chamber of Commerce
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