Business Briefcase: July 20, 2012

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By The Staff

APT owner Sageser named to 40 Under 40 honors


A second Shelby County resident has been named to Business First’sannual 40 Under 40 list, which is scheduled to be released later this month.

Renea Sageser, president and owner of Associates in Pediatric Therapy, has joined previously announced Josh Hurst on the list.

The list honors rising business leaders who provide service to their community.

Sageser opened APT in 2008 in the basement of her home with a single employee. Four years later APT has more than 50 employees, a 5,400-square-foot office in Shelby County and seven other locations in the Greater Louisville area.


Hembree to represent spa association

Shelby County native Allie Hembree has been named public relations manager for the Lexington-based International SPA Association. She will work with global media outlets as she promotes the visions and messages of the spa industry.

“Allie’s professional experience and get-it-done attitude are a natural fit for ISPA,” ISPA President Lynne McNees said. “We are excited about the possibilities.”

Hembree joins ISPA after receive a bachelor’s degree in broadcast journalism from Western Kentucky University. She is pursuing her master’s degree in business administration from Midway College.

“I am honored to be a part of such a prestigious group of individuals,” Hembree said. “The spa industry is a passion of mine, and I am thrilled to now be a part of it.”

Hembree will handle day-to-day media relations for ISPA and collaborate with the staff on the association’s publication Pulse, a magazine written for the spa professional with insight on the latest trends and news in the industry. 


Nichols joins real estate firm

Kathy H. Nichols, Shelby County’s circuit court clerk for 22 years, has joined Greater Louisville Properties Realtors as a sales associate.

Nichols was elected as circuit clerk in 1988 after working 14 years at Citizens Union Bank. She retired from that position in 2010. As circuit clerk, she served as president of the Trust for Life, which promotes organ donation awareness, was treasurer of the Kentucky Circuit Clerk’s Association and was on the legislative, drivers license and educations committees. She was a member of the Shelby County Woman’s Club when the junior miss program was founded.

Nichols and her husband, Willie, are the parents of three children, and three grandchildren.


Stylist at new salon

Stylist Ashley Standafer moved this week to a new location, Sister Act Salon on Alpine Drive. You can reach her at 633-2357.


State business has challenges

Kentucky has serious work to do to become a more competitive place to do business and achieve economic prosperity, according to a new report from the Kentucky Chamber of Commerce. “Ready for Jobs?” examines how Kentucky compares to other states on key indicators of a competitive business environment and finds the state coming up short in such areas as health, education and tort liability but performing relatively well in business taxation and the cost of doing business.
Listed among the state’s strengths were its low cost of doing business, low energy costs and being in the top tier of economic growth in 2009-2010. Among weaknesses were its being 47th in per-capita income, being fifth among residents below poverty level and an unlikelihood of improving personal economic standing.

There were numerous other breakdowns, such as regulation and education, and the full report, with detailed findings and data sources, is online at kychamber.com/jobs.
“It is our hope the information in this report will promote action to create policies that will help businesses grow, create good jobs and build a stronger future for all Kentuckians,” said Dave Adkisson, president and CEO of the chamber. “We stand ready to work in a constructive partnership with policymakers and other businesses and organizations to achieve our shared goal of moving the state forward.”


Public workers undercompensated

A new report shows that Kentucky public workers are already undercompensated compared to their private sector counterparts. Public sector workers receive 12.8 percent less total compensation on an annual basis and 9.2 percent less on an hourly basis. The report is produced by the Kentucky Center for Economic Policy and authored by Jeffrey H. Keefe, an associate professor of labor and employment relations at the School of Management and Labor Relations, Rutgers University.

“The state pension system for public employees has been poorly funded by the Kentucky legislature, and a task force is now considering further cuts – or even elimination of the defined benefit pension system--on top of cuts made in 2008,” KCEP Director Jason Bailey said. “But before there are more cuts, and before accepting the claims that public employees have overly-generous benefits, we should look at the facts about public sector compensation.”
The report notes that while public sector workers receive a greater share of their overall compensation in the form of retirement and health benefits, it is invalid to simply compare public and private sector benefits and claim that public workers are overpaid. Public sector employees in Kentucky have much lower wages than comparable workers in the private sector, making their overall compensation somewhat lower.
The report can be accessed at www.kypolicy.org .


Bulletin board

§       Applications are now being accepted for next year's Leadership Shelby Class.  The deadline for applying is July 30. Applications are available at the Shelby County Library or online at leadershipshelby.com.

§       The Shelby County Farmers’ Market is open weekly from 8 a.m. until noon on Saturdays through Oct. 27. Local vendors offer fresh produce of many kinds, eggs, jams, jellies, cut flowers, perennials, shrubs and trees, as well as baked goods, honey, handmade soap, jewelry, pottery, yarn goods, and more.


Bits & bytes

§       The Louisville Convention & Visitors Bureau has appointed Michael D. Howerton as chair of the Greater Louisville Convention & Visitors Bureau Commission. Howerton, market vice president and general manager of the Louisville Marriott Downtown, replaces Gary Ulmer, president of the Louisville Bats, who will remain on the board.

§       Average retail gasoline prices in Louisville have risen 9.6 cents per gallon in the past week, averaging $3.51 per gallon as of Sunday. This compares with the national average that has not moved  in the last week to $3.42, according to LouisvilleGasPrices.com.


The Kentucky Press News Service contributed to this report. The Sentinel-Newswelcomes Briefcase items. Information and photos may be E-mailed to sharonw@SentinelNews.com. The deadline is noon Wednesday.