Latest / Kentucky Business News / 2.12.26

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2.12.26 · Kentucky Business News

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Speaker 1: Hello. Today, I'll be reading from business sources in Lexington
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and Louisville, including The Lane Report and others from around
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the Commonwealth. Your reader today is Julia Shane. As a reminder,
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RADIOI is a reading service intended for people who are
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blind or who have other disabilities that make it difficult
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to reprinted material. The first article comes from the February eleventh,
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twenty twenty sixth edition of The Lane Report and is
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titled Long John Silvers brings iconic menu item to stores
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for Lent. Long John Silver's, an iconic American seafood restaurant brand,
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is giving fans a new way to enjoy one of
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its most requested menu items. Starting this month, bottles of
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Long John Silver's Tartar Sauce will be available for a
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limited time at select Kroger Family of Stores locations. The
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launch comes just ahead of Lent, offering fans a new
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way to enjoy Long John Silver's Outside of restaurants. Known
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for its creamy texture and signature flavor, Long John Silver's
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Tartar Sauce has long been a fan favorite. Now guests
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can enjoy that unmistakable flavor at home, whether they're frying
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up a Friday fish dinner, hosting a seafood spread or
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adding a nostalgic finishing touch to their favorite meals. Bringing
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our tartar sauce to retail for the first time is
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an exciting step for Long John Silvers, said Christopher Caudle,
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Senior vice president Supply Chain and Commercial Strategy at Long
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John Silvers. It allows us to reach guests beyond our restaurants,
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giving them a chance to enjoy a little piece of
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the Long John Silver's experience wherever they're eating. Fans are
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encouraged to grab a bottle while supplies last. Final pricing
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will be set by retail stores and vary by location.
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About Long John Silvers. Founded in nineteen sixty nine, Long
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John Silvers is on a mission to create treasured moments
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through high quality food and bell ringing service with restaurants
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from from sea to mouth watering Sea, Long John Silvers
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continues building on the belief that the unique seafood experience
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with the coast should be accessible to all. The next
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article from the Lane Report is titled Mercer County's Megasite
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Industrial Park gets two million dollars to help attract jobs today.
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US Congressman Andy Barr announced two million dollars in federal
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funding for the Wilkinson Farm Megasite Industrial Park Improvements, a
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transformative investment that will help Mercer County continue developing the
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Bluegrass Innovation Gateway and position the region to attract major
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employers and high quality jobs. This funding was secured through
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the Transportation, Housing, and Urban Development Appropriations Bill that President
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Donald Trump signed into law. The funding awarded to the
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Mercer County Fiscal Court will support critical infrastructure and site
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development needed to bring the Megasite closer to full market readiness.
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Local leaders say the investment builds years of work to
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make the property one of Kentucky's most competitive locations for
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large scale industrial recruitment. H m CIDA is extremely grateful
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for the advocacy of Congressman Bar and his team, said
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Grayson Evans, executive at Harrisburg Mercer County Industrial Development Authority.
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The Bluegrass Innovation Gateway is already one of our state's
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most prominent development opportunities, and the funding secured only enhances
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our community's red hot momentum. Congressman Bar and his staff
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have been instrumentally elevating this site and spreading the word
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even at the federal level that Mercer County is open
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for business. The proof is in the pudding apple corning,
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earth breeze, other opportunities on the horizon, and robust funding
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for what we believe is one of the best and
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fastest to market megasites in the country. The Wilkinson Farm
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Mega Site is designed to serve as a catalyst for
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long term economic growth in Central Kentucky, creating construction opportunities
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in the near term, while laying the groundwork for permanent
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jobs and expand industry in the years ahead. Central Kentucky
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is competing on a national stage for the next generation
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of manufacturing and technology investment, and the Bluegrass Innovation Gateway
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is a prime example of how preparation meets opportunity. Congressman
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Bar said, I'm proud to work alongside our outstanding local
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partners to keep this momentum going. I'm also grateful to
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President Trump and his support for this funding that helps
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rural America compete and win. Congressman Andy Barr has been
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a strong supporter of the Bluegrass Innovation Gateway from the start,
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said Sarah Steele, Mercer County Judge Executive. His continued efficacy
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is helping us build the infrastructure needed to create jobs
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and drive economic growth in Mercer County and throughout the region,
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and I'm grateful to him and his team for their leadership.
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This two million dollars in federal funding is exactly the
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kind of targeted investment our region needs to move the
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Bluegrass Innovation Gateway from vision to reality, said State Senator
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Amanda Mays Bledsoe. By supporting essential infrastructure and site readiness,
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this appropriation strengthens Mercer County's ability to compete for high
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impact employers and quality jobs. Representative Bar continues to deliver
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when it comes to support of our community. The Bluegrass
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Innovation Gateway Park is able to move forward more readily
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with the introduction of this two million dollar award. Thank you,
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Representative Bar for your leadership, service, and above all, friendship
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with the Harrodsburg Mercer County community. Harrodsburg Mayor Bob Williams said.
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The next article from the Lane Report is titled Kentucky
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Council on post Secondary Education of It proves Murray State
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Veterinary Program. Murray State University has received program approval by
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the Kentucky Council on post Secondary Education to offer a
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Doctorate of Veterinary Medicine DMV, marking a significant step forward
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in its pursuit of a school of Veterinary Medicine. Murray
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State has received approval and support from countless individuals and
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entities to pursue a Doctorate of Veterinary Medicine in order
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to advance the Commonwealth from numerous standpoints, particularly in areas
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of economic growth, workforce development, and industry needs. This is
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a significant step as we continue to make great strides
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in advancing this important initiative, which will greatly benefit our
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region and the Commonwealth. We are very grateful to the
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Kentucky Council on post Secondary Education, led by doctor Aaron Thompson,
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for supporting our efforts as we move forward with the
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offering of a Doctorate of Veterinary Medicinet Mamurray State University.
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Murray State President Doctor Ron Patterson said, I would also
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like to thank both past and present members of our
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Board of Regents, my predecessor, Doctor Bob Jackson, and the
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leadership team Murray State, faculty, staff and students, our West
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Kentucky Delegation, and the General Assembly. Murray State will work
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toward obtaining American Veterinary Medical Association program accreditation and remains
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on track to enroll the first class of DVM students
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as soon as the fall of twenty twenty eight. In
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twenty twenty five, Senate Bill seventy seven was passed unanimously
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by both chambers and a bipartisan manner, and was signed
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into law by Governor Andy Basheer. Passage of this bill
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provided a path forward for the university to establish a
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Doctorate of Veterinary Medicine. According to a twenty twenty four
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study by Delatoi, eighty out of Kentucky's one hundred twenty
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counties are currently designated as having a veterinary shortage or
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identified as an underserved rural area for veterinarians. The state
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of Kentucky currently does not have a school of veterinary medicine,
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and in the United States there are only thirty three
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veterinary colleges accredited by the American Veterinary Medical Association. The
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US Bureau of Labor Statistics BLS estimates that there are
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eighty six thousand, three hundred veterinarians in the United States,
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and this occupation is expected to grow by over nineteen
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percent by twenty thirty one. The BLS also reports a
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total of one hundred twenty two thousand, eight hundred veterinary
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technologists working today in the field is expected to grow
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by twenty percent by twenty thirty one, celebrating its one
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hundred year of agriculture. Murray State holds multiple existing assets
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on its campus, including the A. Carmen Animal Health Technology Center,
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the Rudolph Equine Education Center, multiple farms, as well as
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the breath At Veterinary Center, which is a nationally pre
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eminent animal disease diagnostic laboratory dedicated to protecting the invaluable
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assets of Kentucky's equine, livestock, and poultry industries. In addition,
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a new sixty million dollar veterinary science building, generously funded
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by the state legislature will be constructed on the university's
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West Farm. The university's Hudson School of Agriculture has the
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largest estimated pre veterinary medicine veterinary technology enrollment of any
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university in Kentucky and is just one of three programs
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in Kentucky that is fully accredited by the American Veterinary
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Medical Association. This past fall, the Hudson School of Agriculture
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achieved a record enrollment of undergraduate and graduate students. The
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next article from the Lane Report is titled World's first
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Disappearing storage shelf made in Kentucky. By transforming mirrors and
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picture frames into fold down horizontal shelves, Secret Shelfy stores
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decorative pillows and blankets off the floor while blending seamlessly
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into wall decore. Secret Shelfy, a patented home to Core Innovation,
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announces the launch of the world's first disappearing storage shelf
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designed specifically for decorative pillows and blankets. The product transforms
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a wall mirror or picture frame into a full down
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horizontal shelf, offering a practical solution to daily clutter caused
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by pillows and throws that typically end up piled on
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the floor or on furniture. Decorative pillows and blankets have
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become staples in modern home styling across Pinterest, Instagram, and
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interior design trends, yet until now, no product has existed
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specifically to store them when they are not in use.
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As more Americans spend time relaxing, working, and watching television
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and or on sofas, soft furnishings have increased in everyday
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spaces without a designated place for them to go. Secret
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Shelfy addresses this gap by combining decor with function. When closed,
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it appears as a framed photo display or mirror. When needed,
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it folds down into a shelf that neatly holds pillows
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and folded blankets off the floor, then closes back up
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to disappear into the room. People didn't know to search
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for this because they never existed before, said Terry Callahan,
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founder and inventor of Secret Shelfe. I've worked in real estate,
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decor and healthcare, and I kept seeing the same problem everywhere,
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beautiful pillows and blankets with nowhere to go. They don't
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belong on the floor, and furniture shouldn't be added just
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to hold them. Secret Shelfy was designed to solve that
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one daily frustration. Each Secret Shelfee is handcrafted in Kentucky
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by Amish craftsmen using native popular wood, a plentiful species
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commonly used in furniture making because it is stable, versatile,
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and stains beautifully. The brand combines traditional craftsmanship with modern
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multifunctional design. Twenty twenty six, home design trend reports from
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House and Pinterest highlight rising demand for multifunctional storage that
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blends into decor rather than standing out as furniture. Secret
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Shelfy aligns with this shift by replacing an existing mirror
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or picture frame while quietly serving as a hidden fold
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down storage. Why it's different. Secret Shelfy is the only
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patented pillow and blanket storage shelf designed to integrate directly
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into well decor. Unlike traditional shelving or furniture solutions, it
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replaces an existing mirror or photo frame while serving a
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second function as a fold down shelf, eliminating the need
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for additional furniture. The standard size measures thirty seven inches
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wide by twenty inches high with a one point seventy
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five inch depth, and is designed for everyday storage of
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decorative pillows and blankets over a dresser or desk. Secret
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Shelfee is offered in satin white, semi transparent black, and
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semi transparent gray finishes. Customers may choose between a mirror
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version or a picture frame version that holds three eight
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x ten photos. Custom colors are available with extended lead times.
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Pricing starts at two hundred and twenty nine dollars. Secret
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Shelfee is currently sold through Etsy and Select Boutique Home
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to core retailers, with plans to expand distribution in twenty
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twenty six. The next article comes from the February sixth
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to twenty twenty six edition of Business Lexington and is
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titled Gallo acquires historic Four Roses brand in seven hundred
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seventy five miss million dollar deal. Kieran Holdings Company Limited
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announced Friday that it has agreed to sell its Four
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Roses distillery to E. And J. Gallo Winery for approximately
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seven hundred and seventy five million dollars, with an additional
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fifty million dollar contingent on Four Roses meeting certain revenue
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targets after the sale. The transaction is expected to close
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in the second quarter of this year. Financial Times in
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October said that Kieran was exploring the sale of Four
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Roses as part of a strategic pivot away from the
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struggling spirits sector in Japan and towards its growing healthcare business.
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Since our acquisition of Four Roses in two thousand and two,
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the brand has experienced strong growth, primarily in the United
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States market, and contributed significantly to Kieran's enterprise value, the
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company said in a statement announcing the sale. At the
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same time, Kieran regularly reviews its balance sheet and business
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portfolio from a medium to long term perspective. After careful consideration,
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we decided to transfer four Roses to Gallo, which will
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allow us to reallocate resources to businesses that can grow
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by leveraging Kieran's organizational capabilities and further enhance enterprise value.
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Founded in eighteen eighty eight, four Roses operates a distillery
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and visitor center in Lawrenceburg, Kentucky, along with a bottling
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and warehouse facility and a second visitor center in Cox
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Creek near Bardstown. The brand underwent a fifty five million
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dollar expansion in twenty fifteen. Gallo, in its statement, said
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it plans to maintain current operations, production, and distribution. We're
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incredibly excited about this acquisition and the opportunity to welcome
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four Roses into our portfolio, the company said. The next
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article comes from the February eleventh, twenty twenty sixth edition
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of Here Lexington and is titled Lexington Dirty Soda Truck
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expands to brick and mortar location. Local entrepreneurs capitalize on
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the expanding dirty soda trend. A popular Lexington dirty soda
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truck with a massive social media presence is expanding and
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opening a brick and mortar location. After gaining significant attention online,
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the business is set to establish a permanent storefront to
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serve its growing customer base. The expansion follows the success
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of the mobile Dirty Soda Truck, which has attracted a
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large following through its engaging social media content and unique
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beverage offerings. The new brick and mortar location aims to
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provide a consistent and accessible spot for customers to enjoy
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their favorite drinks. What is a dirty soda? Dirty sodas
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a trend that originated in Utah, are customizable non alcoholic
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beverages made by mixing soda with various flavors and creams.
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This delightful concept has gained traction and popularity across the country,
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with numerous businesses seizing the opportunity to offer these unique beverages,
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local success inspiring further growth. The Lexington Dirty Soda Truck's
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decision to open a brick and mortar location reflects growing
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demand for these unique beverages and the success of the
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mobile business model. A dedicated storefront will enhance the customer experience,
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offering patrons a place to enjoy their drinks and engage
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with the brand, which aligns with the positive perception of
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local entrepreneurship and innovation national trend informing regional developments. As
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the dirty soda trend continues to gain traction, other regions
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have also seen the emergence of similar businesses. For instance,
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get PHYSYCT in Connecticut is expanding its operations with plans
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to open a brick and mortar location. As businesses across
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the United States embrace this delicious trend, it's encouraging to
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see local entrepreneurs capitalize on a model that presents significant
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growth opportunities. Supporting local businesses, The expansion of the Lexington
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Dirty Soda Truck exemplifies the entrepreneurial spirit thriving in our community.
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By investing in a permanent location, the owner demonstrates a
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commitment to meet consumer demands while contributing to Lexington's economy.
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Supporting such ventures nurtures job creation and promotes economic vitality
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in the area. In conclusion, the arrival of a brick
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and mortar location for the Lexington Dirty Soda Truck not
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only highlights entrepreneurial innovation, but also celebrates the positive upsurge
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of small businesses that enhance our community. As the demand
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for these customizable beverages grows, it's essential for local residents
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to support such endeavors. Engaging with local businesses fosters a
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vibrant economy and vibrant community spirit in Lexington, Kentucky. The
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next article comes from the February eleventh, twenty twenty sixth
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edition of Louisville Business First and is titled U of
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L Joints Exclusive Sandbox Entrepreneurship Program written by Stephen Schmidt.
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When it comes to name association, the University of Louisville
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is not generally getting looped in with the likes of
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Brigham Young University, Boise State University, Northern Arizona University, and
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Utah State University. Yet that is the company the school
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keeps when it comes to universities that have allowed their
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students to play in a particular digital sandbox. Make that sandbox.
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Sandbox is a provo Utah based startup accelerator style program
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embedded within universities that give students college credit to build
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and operate companies while still enrolled. The program's U of
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L chapter began in August with eighteen students, after around
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two hundred of them had competed for spots in the
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program through a hackathon to demonstrate that students could do
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customer discovery on their own while using AI enabled development
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tools to create a tangible product. Sandbox wants people with
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the right mindset because it takes so much high agency,
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said Jack Manzella, the local managing director. You're asking these
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students to do a lot of work on their own,
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and so they have to be highly motivated. Those juniors
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and seniors who were chosen have been able to run
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companies while still getting up to nine hours of college
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credit each semester. The program was initially done in partnership
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with the College of Business, Speed School of Engineering, and
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the Height Institute of Art and Design. I first found
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out about the program while working on a profile story
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on Do good Or, a Louisville based startup that has
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been growing at a fast clip since co founders Nate
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Royal and Ethan Havertape first met each other through Sandbox.
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It's just been a really neat process to kind of
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be able to go all in on Do Gooder while
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still getting college credit. So it's been great have Hertape
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said at the time. Do Gooder is one of our
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twenty twenty six kyn startups to watch. The original event
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was scheduled to take place on January twenty seventh, but
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was postponed for several reasons. The makeup date has been
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set for March fifth at the Ice House in downtown Louisville.
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How Sandbox spread east to the University of Louisville. The
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program first came to u of L by way of
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Ryan Quinn, an associate professor of u of l's College
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of Business. Quinn has a son, Mason, who attended BYU
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and took part in the Sandbox program. He graduated from
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the Provo, Utah based institution in twenty twenty four with
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a major in Strategic management in the Marriott School of Business,
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after looking to possibly drop out of college after going
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through required general education classes. Sandbox, though, turned everything around
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for Mason. According to his father, Quinn does to look
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to establish a chapter at u of L. His company
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didn't even succeed, but he still had an amazing experience
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and it's affected everything else he's done since then. Ryan
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Quinn said, I said, you know, I want to give
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students at Louisville that experience. At the time, Ryan Quinn
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was serving a three year term as the chair of
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the Department of Management and Entrepreneurship at the College, a
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position now being served by Zachary Goldman since July of
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twenty twenty five. Mason put his father in touch with
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Chris Crittenden, the CEO of Sandbox, in the spring of
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twenty twenty four. The next article from Louisville Business First
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is titled HBO Documentary explores Old Louisville murder case, written
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by Michael Jones. When author David Dominie was looking for
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a new home in Old Louisville in two thousand and eight,
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he toured a house at fourteen thirty five South Fourth
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Street that had a wine cellar. The home wasn't right
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for him, but two years later the wine cellar captured
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his imagination again when authorities found a body buried there.
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The murder became the subject of Domine's twenty twenty one
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true crime book, A Dark Room in Glitterball City, Murder,
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Secrets and Scandal in Old Louisville. On February nineteenth, HBO
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will debut a new two part documentary, Murder in Glitterball City,
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based on Domine's book, The Glitter Ball In. The book
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and film title refers to Louisville being one of the
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world's largest producers of disco balls. The HBO documentary was
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filmed by directors Fenton Bailey and Randy Barbato, the duo
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behind HBO's Mabel Thorpe, Look At the Pictures and The
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Eyes of Tammy Fay. Bailey and Barbado are the founders
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of World of Wonder Productions, the company behind RuPaul's Drag Race,
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which happens to be one of Domine's favorite television shows.
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Domine said his book drew attention from producers almost immediately
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after it was published. I got a good review in
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the New York Times, and that got word out, Domine said.
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After that review came out, me and my agent started
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getting calls from people in Hollywood. All the big movie
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names and production companies started to call. They wanted to
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know about interest in making a movie or somehow bringing
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it to screen, because the story's so crazy. In June
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of twenty ten, Jeffrey Munt placed a call to nine
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one one and said his boyfriend Joseph Bannis was trying
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to kill him with a knife in the patrol car
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on the way to the police station. Bannis told officers,
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there was a body buried in the basement of Month's home.
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The body of Jamie Carroll had been hidden in a
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plastic container for seven months after he was stabbed and shot.
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Carrol was killed during a weekend binge of sex and drugs,
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and the case became known as the Pink Triangle murder.
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Bannis and Munt each blamed the other for the crime.
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Bannis was convicted of the murder and sentenced to life
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in prison. Was found not guilty of murder, but convicted
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of robbery and tampering with evidence. Since two thousand and four,
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Domine has led walks and given ghost tours in Old
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Louisville through his company Louisville Historic Tours. So the story
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of Carroll's killing was squarely in his wheelhouse. It was
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just like the story fell in my lap, Domine said.
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And then as things progressed, all these other things started
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coming out about the house, the fact that other people
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had died in the house, and for a time there
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was a sanatorium there. It had a reputation for being
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a haunted, creepy kind of place. And then it turns
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out Joey and Jeffrey, the guys who were arrested and
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accused of the murder of Jamie Carroll were counterfeiting money
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on the second floor, Domine said. The lead character in
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the book and documentary is Old Louisville itself, which is
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bounded by Broadway on the north, I sixty five on
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the east, Cardinal Boulevard in the University of Louisville campus
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on the south, and ninth Street or CSX tracks on the way.
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The community includes about ten thousand residents and businesses according
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to the latest census data, and has the nation's largest
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collection of Victorian homes. Domine expects the neighborhood to become
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even more of a tourist draw once the HBO film
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is released. The next article from Louisville Business First is
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titled New lou Marketplace Expansion to include independent Bookstore Wine Cafe,
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written by Michael Jones. A combination independent bookstore and wine cafe,
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along with a new co working space are coming to
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newlu this spring. Your Mom's Bookstore and Wine Cafe and
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Greenhouse work space will be located in the three story,
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nearly fifty five thousand square foot New lou Marketplace North development,
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spanning eight zero eight to eight one four East main
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Street being built by Mode Del Joe, developer of the
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original newlu market Place. The bookstore and co working space
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are both being launched by Tara Lee Good, co founder
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of florid List Communications and vice president of Strategic Partnerships
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for the weather information service Climbate Vision. Your Mom's Bookstore
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and wine Cafe will occupy about three thousand square feed
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on the first floor of New Loly Marketplace North. It
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will be open daily from ten am to eight pm
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and initially employee about six people. Greenhouse Workspace will occupy
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about forty five hundred square feet above the bookstore. The
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co working studio will include eleven private offices suited for
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individuals or small teams, along with open coworking and virtual
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membership options. The cost of launching the two concepts has
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not been released. This concludes the reading of the most
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recent business news in Lexington, Louisville and around the state.
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Your reader today has been Julia Shane. If you have
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any questions or comments about this program, please give our
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Lexington Studios a call at eight five nine four two
27:55
two six three nine zero. Thanks for listening, and now
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please stay tune. And four readings from the Kentucky series
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here on Radio I