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Business

  • Home sales slip 4.2 percent

    After seeing a slight increase in sales the previous year, the real estate market in Shelby County saw a similar decrease in 2010.

    Total sales for the county was about $74.4 million for the year, about 4.2 percent down from 2009.

    That's very close to the sales trend in Kentucky, which, according to the Kentucky Association of Realtors, dipped 3.7 percent.

    However, Shelby County's median sales price of $140,000 was almost 40 percent higher than the state's and much closer to the national median of $172,700.

  • Foreclosures in Shelby continue to grow in 2010

    Despite continued low interest rates for loans and reports of the recession ending, the number of home foreclosures continues to rise across the nation and state in 2010, and Shelby County was no exception.

    In the past five years the foreclosure rate has risen 117 percent in Shelby County, from 105 to 228.

    That rate started to level off in 2009 but still increased by 2.3 percent in 2010, to 228 foreclosures in the county.

    However, Shelby is in much better shape than the nation and state.

  • Business Q&A: Gramig: Helping families is ROCK’s business

  • Business Briefcase: Feb. 25, 2011

    Farmer featured speaker at home builders event

    Former Kentucky basketball star and current Agriculture Commissioner Richie Farmer will be speaking to the Shelby County meeting of the Home Builders Association of Louisville.

    Farmer, who is running for lieutenant governor on a Republican ticket with state Senate President David Williams, will address the gathering at 11:30 a.m. Tuesday at Claudia Sanders Dinner House.

  • 2 Shelby plants plan expansion

    Two Shelbyville manufacturing plants received good news Thursday from state economic development officials, who granted them preliminary approval for expansion projects.

    Katayama American Company, Inc., on Midland Industrial, is planning a $2.1 million expansion of its plant, which will mean adding 22 new jobs with an hourly wage of about $20 per hour. The plant currently has 245 employees.

    Mark Baker, vice president of Katayama, said the expansion is planned for the end of the year, and the new jobs should be available soon after that.

  • New Business: Jason D. Fowler, PLLC

    Address: 310 Main St., Shelbyville

    Who we are:  Jason D. Fowler graduated from Shelby County High School in 1997 and  enlisted in the Marine Corps Reserves, which, combined with his continuing education, kept him away from Shelby County for nearly a decade. He now has returned home to Shelbyville with a goal of providing legal services to his community.

  • Insight goes all-digital

    Shelby County is about to watch TV on a whole different level.

    The government-mandated conversion of broadcast channels to digital have taken affect, and Insight Communications, which serves Shelby County’s cable TV needs, is making changes, too.

    Just like over-the-air TV, Insight is moving to an all-digital lineup, and for the past two months the company has started informing costumers by mail and through commercials of the network improvements and the possible addition of a mini-box for older analog TVs.

  • A new piece of the pizza pie

    The cheese and sauce of the pizza market in Shelby County are going to have to make room for a new ingredient.

    Snappy Tomato,  a chain based in Burlington, joins the bill of fare in March, when it will open at 1729 Midland Trail in Shelbyville.

    Construction is continuing in the suite next to Family Video. Booths are in place, an oven has been installed and the light fixtures have been delivered.

    A sign out front is encouraging applicants to work there.

  • Business Briefcase: Feb. 18, 2011

    Goody’s starts program
    to support military

    Goody’s department store has announced a program to support members of the military and their families.
    The store, which is located in Village Plaza in Shelbyville, will sell military-themed reusable tote bags adorned with an American flag, for $5, with all proceeds going to Operation Homefront, a military charity that provides emergency support to military families.

  • New Business: Hance Lawn Care

    Address:888 Cedarmore Road, Bagdad
     
    Who we are:Employee John Hance recently purchased Miller’s Lawn Care from Steve and Donna Miller and will operate the business under his name.

    What we do: We are a business that provides a variety of lawn care services, including chemical applications to control weeds and pests, fertilizer and lime applications, complete kill on driveways and fence rows, trimming and fertilizing of shrubs, mulching and de-thatching along with power seeding.