Kentucky Business- from Horse Breeding to Manufacturing

Kentucky is a medium-sized state with a population of over 4 million, in the south-eastern United States. Kentucky is known for its bourbon whiskey, and thoroughbred horses, but also manufactures cars. Its agricultural sector produces cattle, tobacco, dairy, hogs, corn, and soybeans, and breeds horses. Kentucky in its eastern portion has large coal fields. In various Kentucky towns, Ford, GM and Toyota have car production and assembly plants. Hope this gives you some ideas for your Kentucky Incorporation.

The track at Churchill Downs is the site of the annual Kentucky Derby horserace in Louisville, Kentucky. Louisville is the largest city in Kentucky, with about 700,000 people in its metropolitan area in Kentucky, and another 500,000 in neighboring Indiana. Louisville is on the Ohio River, by the Falls of the Ohio. The Falls continue to be the location of a hydroelectric plant. Historically, a canal was built around these falls. The McAlpine locks around the Falls are still used, but are undergoing a major rehabilitation. Louisville continues to be a transportation hub, with its airport used as a hub by the UPS delivery service.

Another major industry in the Louisville area is the brewing of whiskey. The Brown-Foreman Company is the brewer of Jack-Daniels, and also produced Southern Comfort and Early Times Kentucky Whiskey. The company employs about 1,300 workers in Louisville. Also partly in the Louisville area is the famous Fort Knox, the home of U.S. Gold reserves. Recently, in 2006, Kentucky removed its taxes on bonds, notes, trusts and other intangible personal property.

The second largest city is Lexington, with over 260,000 people, and also the home of the University of Kentucky, in Eastern Kentucky. There are three public universities, and five private colleges in the city. The surrounding Bluegrass Region is home to Kentucky’s famous horse breeding farms, but there is manufacturing in Lexington as well. Leading companies in the area include Affiliated Computer Services (ACS), Lexmark International, and United Parcel Service. ACS is an information technology and outsourcing company. Lexmark is a leading manufacturer of printers used with personal computers and has a plant and its headquarters in the city. Toyota’s auto manufacturing plant is nearby in Georgetown, Kentucky. Bowling Green, a city of 56,000 in central-western Kentucky is the home of a GM auto-manufacturing plant, and also of Western Kentucky University.

Mammoth Cave National Park is a U.S. National Park in central Kentucky, which is the home of the famous Mammoth Cave, part of the longest cave system in the world. The park is quite large at 52,000 acres in Edmonson County, centered on the Green River.
Lake Cumberland, in South-east Kentucky has marinas on its shores, and many water-sports can be enjoyed here, from waterskiing to fishing. Lake Cumberland Resort Park has a wide variety of places to stay at the lake, which despite a dry season, still covers over 35,000 acres. The lake is known for its fish, including various types of bass, including largemouth and smallmouth. Also available to enjoy are horseback riding and hiking trails. In general, Kentucky is known for its large number of bodies of water and navigable rivers. Or try some of the horse farms in the Bluegrass Region. Claiborne Horse Farm in Paris, Kentucky has horse riding and tours, and the headstone of Secretariat, the 1973 Triple Crown Winner, and one of the greatest horses ever.

Howard Giske writes about how to get your
Kentucky Incorporation
and other business info at Inc Paradise