German American Bancorp, an Indiana-based bank holding company, has signed a merger deal worth around $154 million with Citizens Union Bancorp of Shelbyville (CUB). The deal was announced in late September 2021. Based in Kentucky, Citizens Union Bancorp of Shelbyville is the bank holding company for Citizens Union Bank of Shelbyville. The bank’s branch offices […]
JLL Income Property Trust has acquired Louisville Distribution Center, a 1 million-square-foot, Class A industrial property in South Louisville, Kentucky, for $95 million. The Louisville Distribution Center includes 40-foot clear heights, LED motion sensor lighting, cross-docking, HVAC throughout, and 234 trailer parking spaces. JLL Income Property Trust said that the new investment takes its total […]
Heartland BancCorp acquisition of Victory Bancorp : Heartland BancCorp has completed its $41.1 million acquisition of Kentucky-based bank holding company Victory Bancorp, a deal that was signed in December 2019. While Heartland BancCorp is the holding company of Heartland Bank, an Ohio state member bank, Victory Bancorp, is the owner of the Victory Community Bank, […]
US craft distiller Angel’s Envy has announced the global launch of Kentucky Straight Bourbon Whiskey Finished in Port Wine Barrels. The port-finished bourbon will be initially launched in a limited number of cases in select on-premise accounts in the UK. It will be followed by the spring roll out across Singapore, Canada, and Australia, and […]
Retail industry news : US eclectic retailer 2nd & Charles is all set to open its first Kentucky location in the Owensboro suburb on 19 January 2019. The new store, which is located at 2520 Calumet Trace, will have books, video, games, vinyl records, collectibles and other items. 2nd & Charles Owensboro will be open […]
Drinks industry news : Barrell Spirits, based in Louisville, Kentucky, has launched three new spirits, which includes two whisky products and a rum product under the Barrell Craft Spirits range. The whiskey and rum spirits manufacturer says that it has worked on the new Barrell Craft Spirits range for three years while adding that the […]
Home appliance company GE Appliances (GEA) will make two separate investments totaling over $200 million to expand its dishwasher and laundry manufacturing facilities in Louisville, Kentucky. The investments will be used in Appliance Park, the largest manufacturing facility of the home appliance company and also in its headquarters location in Louisville, throughout 2018 and 2019. […]