ACQUISITIONS

Synergy Home, LLC announced the acquisition of Sorg Heating and Cooling, LLC in Frankfort. Sorg is one of the oldest heating and cooling companies in Kentucky, originally founded in 1939.

Lexair Inc. To Expand Operations in Fayette County

Lexair Inc. will expand existing operations in Lexington with an $8.5 million investment creating 14 quality jobs.

The project will see the company expand its current operation in Lexington by 35,000 square feet, bringing its total operational space to over 78,000 square feet. The expansion will allow for additional space to house manufacturing assets from Keystone, an Emerson brand, for the U.S. Navy markets. These assets include intellectual property licenses for technology that are trademarked by Emerson.

All manufacturing for these products will move from Emerson’s Pasadena, Texas, facility to Lexair’s new and expanded factory in Lexington.

Founded in 1977, Lexair is a third-generation family-owned manufacturing corporation located in Lexington. The company manufactures machine tool products, commercial hydraulic and pneumatic control valves and a series of CO2 evacuation compressors and stainless valves for the U.S. Navy. The company has been involved in the naval and industrial markets for over 45 years.

Exits

All Lexington locations of BurgerFi are now closed, and a red notice from Franklin Circuit Court dated March 14 was taped to the door of the Hamburg location (per KRS 134.050). A complaint has been filed in Fayette Circuit Court for back rent, taxes, and penalties.

O’Charley’s on Richmond Road has been vacant since 2020, but was recently demolished. A new 7 Brew Coffee is expected to open in the spot.

Business Calendar

APR 8

Lexington Young Professionals Association is cosponsoring a Keeneland Tailgate with The Somebody Society, on the Hill at Keeneland.

APR 13

Fayette County Public Schools is hosting, “Elevate,” an opportunity for emerging teachers, leaders, professionals, and aspiring educators within and beyond the district to engage with current FCPS district-level and school-level staff and community partners. This is not a traditional job fair. This is a networking event designed to help you begin or ELEVATE your current career with FCPS. Are you ready to ELEVATE? This event is hosted by the FCPS Department of Human Resources. If you have additional questions, please send a direct message or contact recruitment@fayette.kyschools.us. 4 pm to 7 pm, Marriott Griffin Gate.

LYPA’s next networking happy hour will be at the recently opened Myriad Meadery on National Avenue, April 13th 5:30-7:30pm. Come network, meet new people, and check out the new venue. 21 and over please.

APR 17

Join The Melodeon downtown at The Grove Lex for an evening of networking and celebrating women. This event is open to women who want to network, chat, and empower other local women in business, 4 pm to 7 pm.

APR 19

Women Leading Kentucky hosts Networking After Hours at Bluegrass Care Navigators on Apr 19, 4:30 pm to 6 pm.

6-month

1-year

1-year 4.9 5

4.9 5

Steve Robertson Financial Advisor 2424 Sir Barton Way Suite 350 Lexington, KY 40509-2521 859-263-0516

Steve Robertson Financial Advisor 2424 Sir Barton Way Suite 350 Lexington, KY 40509-2521 859-263-0516

18-month 4.9

18-month 4.9

%

* Annual Percentage Yield (APY) effective 02/24/2023. CDs offered by Edward Jones are bank-issued and FDIC-insured up to $250,000 (principal and interest accrued but not yet paid) per depositor, per insured depository institution, for each account ownership category. Please visit www.fdic.gov or contact your financial advisor for additional information. Subject to availability and price change. CD values are subject to interest rate risk such that when interest rates rise, the prices of CDs can decrease. If CDs are sold prior to maturity, the investor can lose principal value. FDIC insurance does not cover losses in market value. Early withdrawal may not be permitted. Yields quoted are net of all commissions. CDs require the distribution of interest and do not allow interest to compound. CDs offered through Edward Jones are issued by banks and thrifts nationwide. All CDs sold by Edward Jones are registered with the Depository Trust Corp. (DTC).

CDs require the distribution of interest and do not allow interest to compound. CDs offered through Edward Jones are issued by banks and thrifts nationwide. All CDs sold by Edward Jones are registered with the Depository Trust Corp. (DTC).

Neighborhood Calendar

APRIL

The Bluegrass Farmers Market is scheduled to return to Hamburg for the season, near Liquor Barn, in April.

SAT APR 15

Help expand Lexington’s urban forest and protect local waterways by planting native trees at Reforest the Bluegrass. Since 1999, more than 17,500 volunteers have restored 195 acres by planting 200,000 native tree seedlings. Volunteers will receive free lunch, tree-planting training and a t-shirt (first come, first served). All ages are welcome. 9 am to 1pm, Hisle Farm Park. Approximately 280 acres of rolling pasture land make up Hisle Farm Park, just 5 miles north of downtown Lexington. The park features miles of trails open to both hikers and horse riders. It also boasts a 10-lane archery range with two permanent targets.