Hamburg Journal Business News – May 2021
ACQUISITIONS
Physical Rehabilitation Network (PRN), a physical therapy provider and practice management organization, announced its entrance into Kentucky with its acquisition of Professional Rehabilitation Associates, PSC. (PRA). PRA operates three outpatient physical therapy clinics and manages one inpatient care center in the towns of Cynthiana, Paris, Richmond, and Winchester. This acquisition increases PRN’s nationwide clinic count to 150, across 14 states.
EXPANSIONS
Amazon Logistics announced plans to expand its investment in Kentucky by opening a new delivery station in Lexington in 2021. The new facility will be located at Lexmark and will power Amazon’s last-mile delivery capabilities to increase efficiency of deliveries to customers in Lexington.
Lexington Motorsports plans to purchase the Mist Lake Shopping Plaza at the corner of Man o’ War Boulevard and Richmond Road, with hopes to put a dealership in the former Walmart. This would be the second location for Lexington Motorsports, and no plans have been announced to close the location on Bryant Road.
CONSTRUCTION
The new Exhibit Hall at Central Bank Center in Rupp Arena debuted in April. The new 100,000 square foot exhibit hall is divided into three different halls, including a ballroom and meeting spaces that are expected to be completed next. Once the entire project wraps up in spring 2022, Central Bank Center will offer over 200,000 square foot of flexible meeting and event space.
PEOPLE
Laura Bolen has joined Bank of the Bluegrass & Trust Co.’s loan operations department in the role of loan processor.
Tina Parsons has been promoted to the position of commercial loan officer at Community Trust Bank.
Alice Headley Chandler died on April 6 at the age of 95. Chandler was a Thoroughbred breeder and the owner of Mill Ridge Farm in southeast Lexington. She was the first of three children born to Keeneland co-founder Hal Price Headley and Genevieve Molloy Headley. Among her many roles in the horse industry, she served as chairperson of the University of Kentucky Equine Research Committee and president of the Kentucky Thoroughbred Association. She also served as director of the Breeders’ Cup, Keeneland Association, and the Thoroughbred Owners and Breeders Association.
BUSINESS CALENDAR
Commerce Lexington Inc.’s Leadership Lexington Program is a leadership development program directed toward individuals who demonstrate leadership qualities. Applications for the 2021-2022 program are due by May 14.
The next Commerce Lexington Inc. @330 Series event is on Tuesday, May 18, from 3:30 – 4:30, via Zoom. Explore how SOPs can help you impact your business and your staff in a positive way.
Women Leading Kentucky hosts a Business & Leadership Conference on May 19 at 8 am through May 20. Free, online event.
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This article also appears on page 4 and 5 of the May 2021 print edition of Hamburg Journal.
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