SOKY Economic Development and Business News

April 17, 2023

Vol. 1, Issue 12

Content Compiled from Various Sources

Greenview Hospital location gets state approval for second location

TriStar Greenview Regional Hospital has the green light to establish a second location in Bowling Green, but the hospital’s leadership hasn’t yet revealed plans for building the proposed 72-bed facility in the Lovers Lane corridor.

The Kentucky Cabinet for Health and Family Services on March 31 issued a final order approving a certificate of need that will allow Greenview to move forward with a project expected to cost $350 million and potentially transform the local health care environment.

--Don Sergent, Bowling Green Daily News

WKU unveils plans for new building to house Gordon Ford College of Business

Western Kentucky University unveiled plans today for a new state-of-the-art building to house the Gordon Ford College of Business.

The 113,000-square-foot building will transform undergraduate and graduate business education in the region and fulfill an important component of WKU’s 2021-2031 Campus Master Plan.

-WKU News

MyXR, Inc. Brings Global Engagement

to Its New Regional HQ in Bowling Green, KY

MyXR, Inc. is excited to announce its upcoming move to Bowling Green, KY, as part of the region’s emerging technology and storytelling scene. The company, specializing in augmented reality and engagement platforms for business, education, non-profit, and sports/entertainment/media customers, will initially occupy a 1,200-square-foot space at the Western Kentucky University Innovation Campus HQ, projecting to create over 60 new jobs in the region.

-Brian Pickerel, Bowling Green Area Chamber of Commerce

America’s Labor Shortage: What Is It and What Can We Do About It?

America is dealing with a massive labor shortage, and it’s sending shockwaves throughout the country. Thousands of U.S. businesses have cut their hours or completely closed shop because they can’t fill their open positions. And entire industries have slowed production because they simply don’t have enough workers or supplies to keep their normal pace.

All of that leads to unavoidable price squeezes on big-ticket items like cars, furniture and appliances. And don’t forget about random shortages of everyday goods like baby formula, cleaning products and even cream cheese.

-Ramsey Solutions

With inflation stubbornly high, 58% of Americans are living paycheck to paycheck: CNBC survey

Between higher costs and a possible recession on the horizon, families feel increasingly strained financially.

More than half, or 58%, of all Americans are now living paycheck to paycheck, according to the CNBC Your Money Financial Confidence Survey, conducted in partnership with Momentive.

And even more — roughly 70% — said they feel stressed about their finances, mostly due to inflation, economic uncertainty and rising interest rates, the survey found.

-Jessica Dickler, CNBC

The DeCesare Group Podcast: Interview with Ron Bunch now streaming

Jim interviews Bowling Green Area Chamber of Commerce President and CEO, Ron Bunch.

Jim and Ron will discuss the $6.5 billion in capital investments and over 12,000 jobs created in Bowling Green and Warren County over the last 10 years.

Listen Now

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