March 2010
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Three start-up companies plan to hire 145
New center, changes at Fort Knox starting to be felt in region
Grindmaster to add at least 33 jobs
Louisville creates business incentive programs
University of Louisville researcher may hold key to a cure for sickle cell disease

Three start-up companies plan to hire 145
Three new companies recently announced plans to create a total of 145 jobs in Louisville over the next three years.
 
Trax Mechanical Systems plans to hire up to 110 people, mostly skilled manufacturers, at its 93,000-square-foot facility. The jobs would pay an average of about $35,000 per year. The company plans to make components like axles and suspension systems for trucks, buses and trailers.

Bio Pharma Logistics plans to build a 50,000-square-foot cold storage facility in Riverport where it will warehouse and distribute pharmaceuticals and frozen blood plasma. The company plans to hire 25 and pay an average of about $41,000.

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New center, changes at Fort Knox starting to be felt in region
 Mike Zong was warming to the prospect of calling Kentucky home as he hit the midpoint of a recent five-day, six-county tour of the Fort Knox area. "It's not ‘small town' at all," said Zong, a database manager who works in a suburb between Baltimore and Washington. "It has almost everything that I have right now."

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Grindmaster to add at least 33 jobs
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Louisville creates business incentive programs
Louisville-Jefferson County Metro Government has added the following four, small-business incentive programs to encourage economic development and the creation of "green" jobs: 
  • The Providing Opportunities with Emissions Reduction (POWER) Loan program, which is a $2 million revolving loan fund for the retrofit off-road diesel equipment.
  • The Green Jobs Revolving Loan Fund, a $1.4 million revolving loan fund for companies with new green jobs or products;
  • Nonprofit Energy Audit Grant, a $200,000 grant pool for nonprofit organizations to improve the energy efficiency of their facilities through energy audits;
  • And the Go Green Loan program, a revolving loan fund that provides incentives for manufacturing companies that limit energy usage by installing monitors on power equipment.
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University of Louisville researcher may hold key to a cure for sickle cell disease
 It strikes thousands of African Americans every year, clogging blood vessels with sickle-shaped cells - causing strokes, blindness and excruciating pain as it damages the heart, liver, lungs and kidneys.

Half of its victims die by age 40.

But University of Louisville researchers are testing a revolutionary cure for sickle cell disease, giving hope to a new generation of families that carry the potentially fatal gene.

Based on the discoveries of Dr. Suzanne Ildstad, Director of the Institute for Cellular Therapeutics at the University of Louisville, the treatment involves a "mini" bone marrow transplant that is performed as an outpatient procedure and does not require a perfect donor match.
 
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