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Greater Louisville Inc. The Metro Chamber of Commerce
× Greater Louisville Inc. The Metro Chamber of Commerce

August 2022

Kentucky General Assembly approves $212 million in flood relief funds

Kentucky lawmakers concluded their three-day special session on Friday after approving a $212 million bill to fund relief efforts for the Eastern Kentucky flood disaster in July. Governor Andy Beshear called lawmakers to Frankfort for the special session, which began lastWednesday, after weeks of conversations on a legislative package to…

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GLI’s familiarization tour positions Louisville as top destination for relocating, expanding companies

Economic development site consultants participated in three-day immersive experience of region Louisville, Ky (August 26, 2022) – Greater Louisville Inc. (GLI) hosted ten site selectors and consultants at its annual Familiarization (FAM) Tour presented by LG&E and KU. The three-day event included interactive tours of Jefferson County and Southern Indiana,…

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GLI testifies on local tax reform

On Thursday, GLI’s vice president of government affairs and communications, Shelby Somervell, testified before a joint committee of the House Local Government and the Senate State and Local Government Committees on the need to modernize the local tax structures for city and county governments in Kentucky. State Representative and House…

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Louisville awarded nearly $21 million in federal infrastructure grants

Last week, Louisville Metro announced it will receive $20.5 million in federal funding for two transformational projects which will improve connectivity and promote economic development and equity in downtown Louisville. $15.5 million was awarded for the final design and construction of the ‘Reimagine 9th Street’ project and an additional $5…

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From the Desk of the CEO: August 2022

It’s hard to believe we are already halfway through the third quarter of 2022.  I know there is a degree of uncertainty related to the trajectory of our economy and what it means for you and your business. With talks of an impending recession, it’s more important than ever that…

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INVESTOR PERSPECTIVE: Strategic Planning for a Pending Recession

We are facing much economic, political, financial and trade uncertainty.   While different countries and industries lag or lead recessions at different times, there is real potential for a future recession to impact your business. As you move into your next strategic planning cycle, it is a good idea to strategize…

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U.S. Senate passes $700 billion health care and climate bill, GLI voices concerns for tax implications

On Sunday, the Senate passed the Inflation Reduction Act on a party line vote of 51-50 through reconciliation which requires a simple majority only. The surprise deal comes after more than a year of internal negotiations among Democrats about the size and scope of the proposed legislation. Originally proposed by…

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July 2022 New and Renewing Investors

Top Investor Renewal Aetna Better Health of Kentucky AT&T Kentucky Bellarmine University Boyd CAT Capacity Care, Inc. Cushman & Wakefield | Commercial Kentucky Foster McCarl Business Coaching Frost Brown Todd LLC Kentucky Derby Museum Kentucky Trailer Liberty Financial  Louisville Forward WorK Architecture + Design, Ltd. Co. Core New Automotive Apprenticeship…

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August Investor Spotlight: Home of the Innocents

Company: Home of the Innocents Founded In: 1880 Number of Employees: 480 Describe what your organization does in two sentences. Home of the Innocents enriches the lives of children and families with hope health and happiness. We provide residential and community services for medically complex children and children and families in…

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August Ambassador Spotlight: James Wimsett  

Name: James Wimsett Title:  Financial Analyst Company: Merchant’s PACT How long have you been a GLI Ambassador? About 3 months What is your favorite part about being a GLI Ambassador? Being given the opportunity to network with other business professionals and visit many different business locations across Greater Louisville. The…

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