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Business

  • Area ‘Angels’ offer business advice

    A crowd of about 50 people visited the Historic State Theater on  Wednesday to learn about local investors and the experiences they have gathered.

    Investing Angels of the Heartland featured several local business-minded men and women speaking about their successes and sharing tips with potential entrepreneurs and investors.

    The event was sponsored by the Hardin County Chamber of Commerce, the Lincoln Trail Innovation Center and the Lincoln Trail Venture Group to promote the venture group and draw members.

  • Under Construction: Lincoln National's Parkway branch

    An expansion of Lincoln National Bank's Parkway branch in Hodgenville will add four offices and provide greater privacy for creation of new accounts and loan processing, according to Pam Stephens, the bank's marketing director.

    The volume of business has outgrown the facility, which opened in 1999, Stephens said. The contractor is Joe Pearman and work is scheduled to be completed by early summer. The branch is open for business during the renovation.

  • Ag commissioner honors Roy Rich

    Elizabethtown businessman Roy Rich was named honorary commissioner of agriculture Thursday in recognition of nearly a quarter-century of service on a state advisory board.

    Bestowed by Agriculture Commissioner James Comer, the honor came as Rich, who owns E-town Exterminating, resigned his position as chairman from the state’s Pest Control Advisory Board.

    The board reviews commercial structural pest control, conducts enforcement proceedings and makes written recommendations for the state Department of Agriculture.

  • Investment workshop attracts 'angels' among us

    Jim Fugitte said Hardin County is brimming with innovation but originators need the financial assistance to get their idea off the ground.

    “It all starts with the idea fertilized with money,” the businessman said.

    Fugitte, CEO of locally headquartered Wind Energy Corp., addressed the Hardin County Chamber of Commerce luncheon Wednesday about the origins of “angel investing” and an opportunity next week for investors to take a gamble on a concept or a budding entrepreneur to gain insight.

  • Managing bloat in cattle

    In Kentucky, bloat is most common from mid-March through May, but many cases of bloat already have been reported this spring because of unseasonably warm weather. Legumes are the main cause but lush cereal grains such as wheat, oats, barley and rye can also be sources. Although these forage types have many benefits, bloat can decrease animal performance and can cause death as many producers have again experienced this year.

  • Kentucky Indiana Exchange: A new name for an existing group

    Kentucky Indiana Exchange is the new name for an existing group. The Regional Leadership Coalition is rebranding itself and taking the name Kentucky Indiana Exchange.

    The name change is more representative of the 26-county region the organization covers, as well as the collaboration and connections it works to foster, according to the formal announcement released Wednesday.

  • Merchandise madness: UK products sell quickly after title

    There were no more University of Kentucky T-shirts available by late Tuesday morning at Belk in Towne Mall in Elizabethtown.

    The store opened at 8 a.m. the day after the Wildcats program won its eighth NCAA men’s basketball championship, the first since since 1998, with adult-sized T-shirts set up on tables where shoppers easily could grab them.

  • Auto repair shop stays in family after 43 years

    Roger Ewing didn’t set out to spend most of his life in the automotive repair business.

    The Elizabethtown resident grew up on a farm, where it was typical to fix things that broke.

    “We worked on everything,” he said. “Fortunately, it runs in the family, I guess.”

    Many of the skills Ewing has used as owner of Ewing Automotive Center Inc. on South Mulberry Street are lessons he learned from his father, who had the same mechanical inclination.

  • Focus on Finance: How to find financing when your business needs money

    Question: As a small business owner I would like some advice on the best way to go about looking for financing.

    Answer: It’s no secret that small businesses can have a hard time acquiring financing. So before you approach lenders, make sure you ask yourself: How can I maximize my chances of getting credit approval?

    Here are five simple things you can do to up the odds of obtaining a loan.

  • Focus on Finance: Tips for selling or keeping long-held stocks

    Question: My wife and I purchased stock more than 20 years ago. What’s the best way to get the most money from long-held stock?

    Answer: Many individuals own stock they bought decades ago—but they’re reluctant to sell it because of the capital gains taxes that will be due. What’s the best way to get the most money from long-held stock?