Business

A group of local investors has purchased the monthly magazine Shelby County Life.

Led by the magazine's managing editor, James Mulcahy, and his wife, Julie, the group bought the magazine from longtime publisher William Matthews of Shelbyville. He started Shelby County Life in 2007.

Matthews, who also is co-owner of the magazine Back Home in Kentucky, said he wanted to concentrate on other initiatives. "I had so many projects," said Matthews, who recently published a book and does other specialty products for clients such as Toyota.

The BBB  has issued descriptions of the latest scams circulating around the country, including the newest one, the Economic Stimulus Bill Scam.

BBB also issued warnings about some companies that have very unsatisfactory records.

What can we do to encourage economic growth in the community? What are we doing well? Where are we getting stuck? What are the priorities that need attention if we, as a community, are going to thrive 10 to 20 years down the road? 

Those were the broad questions tackled at a planning retreat last week sponsored by the Shelby County Industrial and Development Foundation. This brainstorming session involved about 40 leaders of business, government and non-profit organizations from the community.

At a time when doom and gloom dominates the Industrial headlines, Roll Forming Corporation [RFC] is flying high after announcing its latest major contract.

Earlier this week it was announced that RFC and RTI International Metals have entered into a 10-year contract worth around $120 million to provide a product for The Boeing Company 787 “Dreamliner.”

Through its Aerospace division in Shelbyville, RFC will supply the laser welding, forming, and inspection of structural titanium components manufactured by RTI.