Louisville Zoo Welcomes Infant Gorilla for Fostering

LOUISVILLE, Ky. (August 20, 2024) –The Louisville Zoo has welcomed a 1 ½-month-old infant male western lowland gorilla named Abeo (ah-bay-OH) to our award-winning Gorilla Forest habitat. His name means “bringer of happiness” in Yoruba, a language spoken in West Africa. Born on June 28 at the Woodland Park Zoo in Seattle, Washington., the infant is the offspring of Akenji, a first-time mom. When Akenji was unable to bond with her infant and when training another foster didn’t progress fast enough, Woodland Park officials moved into quick action to find suitable care for the infant gorilla.

Woodland Park Zoo collaborated with the Gorilla Species Survival Plan (SSP) to secure a new home. The SSP, a cooperative breeding program managed by the Association of Zoos and Aquariums (AZA) aims to ensure a healthy, self-sustaining population of gorillas. The program maintains a list of potential foster gorillas across the country.

The Louisville Zoo’s 40-year-old female gorilla, Kweli, was selected to be the baby’s foster mom due to her success with Kindi – our now 8-year-old, sub-adult female gorilla. Kindi was orphaned after her mother, Mia Mojo, died the day after giving birth.

“While we always hope for a natural mother-infant bond, circumstances sometimes require alternative solutions for the well-being of the gorilla,” said Louisville Zoo Director Dan Maloney. “Our Gorilla Forest care team’s successful work with Kindi and Kweli stands as a testament to their expertise. Kweli is a dedicated mother, and Kindi is thriving in her family group, showing all the proper, healthy gorilla behaviors. I look forward to seeing this young gorilla flourish with his new family.”

The Gorilla Forest keeper team will provide round-the-clock care for the infant, including feeding, socializing, and using behavioral cues, including vocalizations like those of a gorilla mother. This approach will mirror the successful process implemented with Kindi in 2016. The team will work to ensure that the infant can navigate the habitat and respond to training cues, including coming to the habitat mesh on request to receive a bottle. Initially, interactions with the adult gorillas will occur through a mesh panel, known as a “howdy door,” to facilitate gradual introductions. Once these key milestones are met, the infant will have closely monitored bonding sessions with Kweli, his foster mother, before being integrated into the existing gorilla troop. This troop includes silverback Casey (42 years old), adult females Paki (35 years old), Kweli (40 years old), young female Kindi (8 years old) and recently added Patty (11 years old). The group will rotate with bachelor gorillas Bengati, Jelani, Cecil, and Kicho.

The infant gorilla’s highly anticipated public debut in the Gorilla Forest will occur after he has been successfully introduced to his new home and introduced to Kweli. The Zoo will provide updates on his progress through a dedicated blog at louisvillezoo.org/gorillafoster and via its social media channels.

Guests can also “adopt” Abeo through a special ADOPTS package which includes a plush gorilla, an adoption certificate, an animal fact sheet, a Zoo magnet, the adopter’s name listed on the Zoo’s website, a Fahlo bracelet that tracks gorillas in the wild and two admission passes to visit to the Louisville Zoo — all for $99. Visit louisvillezoo.org/adopts for more information and to purchase.

Gorilla Conservation Status

Only found in the dense forests of west central Africa, gorillas are critically endangered and could face extinction if stronger efforts are not mounted to protect them. The primary threats to their survival are illegal poaching, civil unrest, disease, and habitat destruction due to extractive industries such as mining.

Zoo Hours

The Zoo is open daily year-round. Summer hours are 10 a.m. – 5 p.m. (stay until 6 p.m.) through Sept. 22, 2024. The Zoo will close early on Saturday, August 24 (10 a.m. – 2 p.m., exit by 3 p.m.) for Brew at the Zoo with Wine and Food, Too! The Zoo is open year-round except on Thanksgiving, Christmas, and New Year’s Day. Visit louisvillezoo.org for more information.

***

The Louisville Zoo, the State Zoo of Kentucky, is the top, non-profit, paid attraction in the state. The Zoo is dedicated to bettering the bond between people and our planet by providing excellent care for animals, a great experience for visitors, and leadership in scientific research and conservation education. The Zoo is accredited by the Association of Zoos and Aquariums (AZA).

 

# # #

Republic Bank is the Only Bank in Top 10 on 2024 Corporate Philanthropist List

Republic joins large companies from all industries receiving recognition.
 
Louisville, Ky. (Aug. 19, 2024) – Republic Bank (“Republic” or “the Bank”) has been recognized as eighth on the list large company in Louisville Business First’s 2024 Partners in Philanthropy awards. Republic is the only financial institution of any kind to be honored in the top 10 in the large company category of the Corporate Philanthropist Lists.
 
“We’re honored to be named a top-10 Corporate Philanthropist in Greater Louisville,” Logan Pichel, Republic Bank president and chief executive officer said. “Being the only bank honored in the large business category speaks volumes about our investment in the community – in addition to our commitment to serving our clients, associates and partners.”  
 
Partners in Philanthropy is an annual Louisville Business First program that highlights local businesses and their donations and partnerships with charities. Republic is one of the top capital donors in Greater Louisville, earning the distinction on the 2024 Corporate Philanthropists Lists.
Republic is a committed partner to numerous community organizations throughout Greater Louisville. Most recently, the Bank partnered with Kentucky African Americans Against Cancer (KAAAC) and Kare Mobile to improve health outcomes in the West End through free health screenings at its fourth annual Juneteenth celebration in an effort at the Republic Bank Foundation YMCA.
 
“Our roots are in Louisville, and this notable designation is a testament to the strength and stability we’ve built by serving our community for more than 40 years,” Republic Bank Executive Chair Steve Trager said. My father, the founder of Republic Bank, used to say ‘what we make here, stays here,’ and we’re proud to continue that today.”
This is the eighth consecutive year the Bank has been recognized by Louisville Business First and included in the Partners in Philanthropy Lists. All 2024 Large Company Corporate Philanthropist award winners can be found at: https://bizj.us/1qlvth.

About Republic Bank 

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri. The Bank offers internet banking at www.republicbank.com. The Company is headquartered in Louisville, Kentucky, and as of June 30, 2024, had approximately $6.6 billion in assets. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market. 
Source: Republic Bancorp, Inc. 
Republic Bank. It’s just easier here. ® 
 
Media Contact 
Jim Ensign, Senior Vice President & Chief Brand Officer 
(502) 584-3600 
###

Clarksville to Host Ribbon-Cutting for New Storywalk® in Gateway Park

Storywalk® made possible with a $10,700 grant from Duke Energy Foundation.

 

CLARKSVILLE, IN (August 19, 2024) – Nature and imagination come together as the Clarksville Parks and Recreation Department prepares to unveil a new Storywalk® in Gateway Park.  The project is a special collaboration between the Clarksville Parks Department, Jeffersonville Township Public Library, and the Duke Energy Foundation.

A Storywalk® is a picture book which families and young children can enjoy while traveling along a walking path.  In this case, the story will be told as visitors travel along the walking path around the Little League fields in Clarksville’s Gateway Park.  The project was made possible thanks to a $10,700 grant from the Duke Energy Foundation.

A special ribbon-cutting ceremony will be held on Monday, August 26th at 10:00am to celebrate the grand opening of Clarksville’s new Storywalk®.  Area residents and members of the media are invited to join us for this celebration of nature and imagination!

WHAT:              Ribbon Cutting for Clarksville’s New Storywalk®

WHEN:             Monday, August 26th @ 10:00am

WHERE:           Gateway Park – 500 Little League Boulevard, Clarksville, IN

 

 

####

Nonprofit Spotlight | Jeffersonville Township Public Library

Jeffersonville Township Public Library
Jefflibrary.org

211 E. Court Avenue
Jeffersonville, IN  47130
812-285-5633
Contact person: David Seckman, Executive Director

1312 Eastern Blvd.
Clarksville, IN  47129
812-416-8128
Contact person:  Dave Thomas, Foundation President

Vision Statement:
Sharing the Joy of Lifelong Learning by Connecting People and Ideas

Year established:
1852. The Jeffersonville Township Public Library has its roots in the workingmen’s library movement of the early 1800’s.

Counties/regions serviced:
Southern Indiana, with an emphasis on the Clark County cities of Jeffersonville and Clarksville, while enjoying reciprocity agreements with surrounding counties and their library systems.

Focus areas:
The Jeffersonville Township Public Library (JTPL) is a vibrant cultural and educational, community destination that welcomes everyone to gather, engage, create, learn, and grow.

Impact in Community:
The Jeffersonville Township Public Library connects people and ideas through experiences, technology, and information in the pursuit of lifelong learning.

Volunteer Opportunities:
Volunteer at the library, or with the Friends of the Library, serve on the Library Foundation Board or as a Trustee.

How 1si members can help:
There are a multitude of ways to help YOUR library that will enhance your business or organization. Planned Giving, Corporate Donations, Payroll Deduction, Point of Sale contributions or becoming a corporate sponsor of the Summer Reading Program.

Offer library cards to your employees, use our resources to obtain hardbound and audio books, puzzles, movies, music and documentary CD’s, free tutoring, online database access, computer labs, programs, training, job postings and search resources, historical, business, geographic, scientific, and genealogical research, make inexpensive purchases of all media types from our massive used bookstore and book free rooms for study or group meetings!

Attend the 1si Non-profit Round-table discussion on August 14th, at the library. Jeffersonville Township Public Library at 211 E. Court Avenue, Jeffersonville, IN 47130. Beginning at 8:30 AM and held in our North Program Room (immediately on your right when entering the library), we will be concluding discussions on Board Involvement and providing coffee and donuts!

Additional information:
Single or repetitive giving opportunities are available online, in-person, by mail, electronic (wire) transfer, wills, bequests, endowment contributions, stock, security, life insurance, real estate, or artifact donations to the Jeffersonville Township Public Library Foundation.

We welcome the opportunity to work with your investment or tax professional to arrange an IRS section 135 tax exempt donation. Click here to donate, or contact us:

Donate: http://www.jefflibrary.org
Contact: foundation@jefflibrary.org

Jeffersonville Steel Processing Company Chooses Ports of Indiana-Jeffersonville for Major Expansion

voestalpine Roll Forming Corporation significantly grows Jeffersonville operations

Jeffersonville, IN. (Aug. 19, 2024)

voestalpine Roll Forming Corporation (RFC) will move forward on a major expansion of its Jeffersonville operations. The expansion includes a new production line for frame rails for several major global customers, including over $77,900,000 in construction, equipment, and other related services. The expansion will also include over 100 new jobs that will meet or exceed the Clark County average wage.

voestalpine RFC, a supplier of roll formed metal, services several different industries, including aerospace, construction, material handling, off-highway, office furniture, solar, and transportation, is wholly owned by voestalpine AG, a globally leading steel and technology group operating in over 50 countries.

“This next chapter of growth for RFC would not be possible without the support from state and local leaders. We look forward to expanding our business operations with this transformative project adding long-term infrastructure, employment opportunities and overall value to the Jeffersonville community for years to come,” said Kevin Dierking, President & CEO, voestalpine Roll Forming Corporation.

“Indiana has a rich tradition of manufacturing and delivering high quality materials that power the world around us thanks to commitment of companies like voestalpine,” said IEDC Chief Strategy Officer Ann Lathrop. “The company’s continued growth and industry partnership in Southern Indiana will help advance critical industries, from aerospace to energy to infrastructure and transportation, while supporting job growth and community development in Jeffersonville and the surrounding region.”

“We are thrilled voestalpine RFC continues to find success in Jeffersonville and has officially decided to significantly grow operations at their Ports of Indiana-Jeffersonville location, adding over 100 new jobs, all of which are at or above the county average wage,” said Mayor Mike Moore. “The City of Jeffersonville’s continued focus on quality of place, complimented with a competitive business environment, has set the stage for this continued momentum and long-term community impact.”

“Our team is very pleased that voestalpine RFC has chosen Ports of Indiana-Jeffersonville for its new operations,” said Ports of Indiana CEO Jody Peacock. “voestalpine RFC is a forward-thinking leader in producing specialized roll-formed metal for vital sectors like aerospace, construction, solar energy, and transportation. Establishing the new facility adjacent to their current operations allows voestalpine to capitalize on the port’s multimodal connections, comprehensive logistics services and operational synergies, thereby strengthening their competitive edge.”

“Voestalpine has operated in this region for years, and when a customer of ours chooses to expand here, it’s a win for Hoosiers,” said Duke Energy Indiana President Stan Pinegar. “We are glad to work with them to help make this possible. This will bring both capital investment and jobs—both permanent and construction—to the community.”

“One Southern Indiana welcomes this announcement from RFC and celebrates another win for our growing community,” said One Southern Indiana CEO and President Lance Allison. “This announcement offers our residents and industry a growing opportunity and is yet another indicator of our regional strength and capacity to support global industry leaders such as RFC.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) will commit an investment in voestalpine Roll Forming Corporation of up to $2 million in the form of incentive-based tax credits and up to $2 million in Hoosier Business Investment tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

About voestalpine Roll Forming Corporation

voestalpine Roll Forming Corporation supplies custom roll formed metal components into several industries including Aerospace, Construction, Material Handling, Off-Highway, Office Furniture, Solar and Transportation.

In 2000, Roll Forming Corporation was acquired by globally leading steel and technology group voestalpine AG joining the Metal Forming, Tubes and Sections division. In 2001, voestalpine Roll Forming Corporation became a corporate partner to the state of Indiana by adding a manufacturing facility in Jeffersonville, Indiana.

Today, voestalpine Roll Forming Corporation has seven production facilities across three states with five facilities and headquarters located in Shelby County, Kentucky and one facility each in Pennsylvania and Indiana.

About Ports of Indiana: Ports of Indiana is a statewide port authority operating three ports on the Ohio River and Lake Michigan. Established in 1961, Ports of Indiana is a self-funded enterprise dedicated to growing Indiana’s economy by developing and maintaining a world-class port system, and by serving as a statewide resource for maritime issues, international trade, and multimodal logistics. Web: www.portsofindiana.com

About Duke Energy

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 900,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

About One Southern Indiana
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. Web: www.1si.org

Contact:
voestalpine AG
mediarelations@voestalpine.com

One Southern Indiana
Brittany Schmidt, Manager of Programs, Events, and Groups
BrittanyS@1si.org   
812-945-0266

###

Louisville Zoo Celebrates Birth of Giraffe Calf

Watch Progress on Live Giraffe Cam at louisvillezoo.org/giraffecam

LOUISVILLE, Ky. (August 12, 2024) – There’s a six-foot-tall bundle of joy at the Louisville Zoo. A newborn male Masai giraffe, born to parents Kianga and Baridi on August 9, 2024, will mark the first giraffe calf born at the Zoo in 12 years. The last giraffe calf was Silvester in 2012. A name will be announced in the coming weeks.

After a gestation period of 15 – 17 months, 7-year-old Kianga delivered the healthy calf, who weighed 160 pounds and stood at six feet and two inches tall at birth. This pregnancy was a planned part of the Association of Zoos and Aquariums (AZA) Species Survival Plan for Masai giraffes, aimed at maintaining the genetic diversity of managed animal populations in human care.

“We are delighted to celebrate this important birth,” said Dan Maloney, Director of the Louisville Zoo. “Both Kianga and the calf are doing well, and the Zoo staff is closely monitoring them to ensure their continued health and well-being.”

Currently, the calf is being raised and nurtured off exhibit. Guests are invited to follow updates and watch the calf’s first weeks by viewing the giraffe cam at louisvillezoo.org/giraffecam. Updates on when the public can view the calf will be communicated via the Zoo’s social media channels and official website. The Zoo anticipates the calf will make its public debut in the coming days.

Guests can also “adopt” the giraffe calf through a special ADOPTS package coming soon which includes a mom and calf plushie, an adoption certificate, the adopter’s name listed on the Zoo’s website, a colorful Zoo magnet and two admission passes to visit to the Louisville Zoo — all for $99. Visit louisvillezoo.org/adopts for more information and to purchase.

Zoo fans can also support the new calf and mom with donations at louisvillezoo.org/giraffe-donation-2024. Support like this will help ensure that this adorable calf and his parents continue to receive top-notch care around the clock, engaging enrichment activities, and all the essentials needed to thrive. Donations of any amount make an impact.

About Masai Giraffes

Masai giraffes, native to East Africa, are the largest subspecies of giraffe. They are distinguished by their irregular, star-shaped spots which are like a fingerprint and unique to each individual animal.  The International Union for Conservation of Nature (IUCN) Red List of Threatened Species categorizes giraffes as a whole as vulnerable.  Masai giraffe numbers have declined more than 50 percent in last 30 years. Their largest threats are habitat loss and poaching. The Louisville Zoo is committed to the conservation of this majestic species through education, breeding programs, and support of conservation efforts in the wild.

Zoo Hours

The Zoo is open daily year-round. Summer hours are 10 a.m. – 5 p.m. (stay until 6 p.m.) through Sept. 22, 2024. The Zoo will close early on Saturday, August 24 (10 a.m. – 2 p.m., exit by 3 p.m.) for Brew at the Zoo with Wine and Food, Too! The Zoo is open year-round except on Thanksgiving, Christmas, and New Year’s Day. Visit louisvillezoo.org for more information.

***

The Louisville Zoo, the State Zoo of Kentucky, is the top, non-profit, paid attraction in the state. The Zoo is dedicated to bettering the bond between people and our planet by providing excellent care for animals, a great experience for visitors, and leadership in scientific research and conservation education. The Zoo is accredited by the Association of Zoos and Aquariums (AZA).

# # #

Economic Update: Fed Inaction Leads to Market Overreaction

submitted by
Uric Dufrene, Ph.D., Sanders Chair in Business, Indiana University Southeast

A few weeks ago, the Economic Update suggested that there was an outside chance for the first Federal Reserve cut to come in July, but more than likely we would see the first cut in September. After the last batch of key economic releases, the FedWatch Tool is now pricing, with 100% odds that the first cut will come in September. We predicted that cuts would then come again in November and December. Current probabilities are now pointing to cuts in November and December. Will the economy see a recession in 2024, or will it simply hit an expected soft patch? 

The odds of a September rate cut quickly changed with the release of the July employment report, coming in weaker than expected. The BLS reported that the nation’s economy added 114,000 jobs, far less than the expected level of 175,000. The unemployment rate increased from 4.1% to 4.3%. While the report showed that the labor market is weakening, as we have been expecting, the stock market reaction was probably an overreaction. Payroll growth slowed, but not far under what we would expect as normal job growth. The unemployment rate did notch upward, but a closer look suggests that the increase may not persist.     The number of unemployed increased by 352,000, and of this amount, 249,000 were on temporary layoffs. Without the large increase in temporary layoffs, the unemployment rate would have remained unchanged at 4.1%. 

One dynamic of the labor market over the past year has been the divergence between employment from the household survey and payrolls from the establishment survey. Employment from the household survey increased about 1.3 million (.8%) since last year, with some months showing declines. The establishment survey showed payroll growth at 2.4 million (1.5%), a difference of approximately 1 million. Historically, a divergence between these two series is usually followed by convergence. In the current state,  convergence would require either a slowdown in payrolls or an acceleration in employment. Last week’s report produced a slowdown in payrolls, perhaps the start of slower growth from the establishment survey. The report also showed a decline in weekly hours worked, and a small gain in average hourly wages.    

Following the report, expectations for a Fed cut in rates spiked. The FedWatch Tool is currently showing an almost even split between a reduction of a quarter or half a percent. Unless we get a much weaker payroll report for August, along with very soft inflation reports, the likely cut in September will be ¼% of a point.     

Equity markets sold off with the release of the July employment report, and the signal of a slowing economy. Then came Monday, with the Dow dropping more than 1,000 points. Markets were somewhat relieved and cut losses after the release of the ISM Services report, pointing to expansion in the service economy.   

More encouraging news came later in the week,  with the release of new claims for unemployment.  For the past several weeks, claims had been trending upward, an  indicator of a slower economy. Markets were surprised when claims came in below what was expected and surged as a result.   

The market turbulence last week was a combination of Fed inaction and market overreaction. With CPI less food, energy, and shelter rate running under 2%, a justification could have been made for the first cut in July. Market overreaction came in response to the national employment report on Friday, followed by Monday’s Yen carry trade-related sell-offs.  

The softening of payrolls brought a significant decline in the 10-year Treasury yield, a precursor to lower mortgage rates. 30-year mortgage rates have come down to 6.5%, and this will bring about a boost to the supply of homes, thus applying headwinds to shelter costs.  One reason for the current limited supply of homes has been the “lock-in” effect from homeowners with sub-4% mortgages. A reduction in rates will boost supply, as homeowners exercise options to either scale up or down in home ownership preferences.    

We are not ready to declare a recession just yet. While the labor market will continue to soften, this is also a matter of normalization of the macro-economy. Payroll changes averaged 251,000 a month in 2023, and that is still too high. Unemployment claims have risen from earlier levels but remain low compared to historical levels. Job openings have declined but still at levels that exceed the number of unemployed. Recession territory would need to see the opposite. Negative year-over-year changes in industrial production usually correspond to a recession, but for the last two months, the change in industrial production has turned positive, a reversal from the first quarter. The economy has not escaped a recession just yet. Keys to watch in the coming weeks will be the labor market and consumer spending. If both weaken considerably, recession calls will increase in intensity.  

Expansion on the Horizon: Jeffersonville Steel Processing Company Considers Growth at Ports of Indiana-Jeffersonville 

voestalpine Roll Forming Corporation looking to potentially expand Jeffersonville operations. 

Jeffersonville, IN. (Aug. 5, 2024) 

voestalpine Roll Forming Corporation (RFC) is considering a major expansion of their Jeffersonville operations. If Jeffersonville is chosen, the expansion would result in a new production line for frame rails for several major global customers, and would include over $77,900,000 in construction, equipment, and other related services. The expansion would include over 100 new jobs that will meet or exceed the Clark County average wage. 

voestalpine RFC, a supplier of roll formed metal, services several different industries, including aerospace, construction, material handling, off-highway, office furniture, solar, and transportation, is wholly owned by voestalpine AG, a globally leading steel and technology group operating in over 50 countries. 

Several locations are under consideration for the company’s expansion project. As part of its decision-making process, the company is requesting support from the City of Jeffersonville with a final location decision determined and communicated by voestalpine AG on August 19, 2024. Duke Energy has also offered additional incentives. 

“As we look to further develop new markets and grow our business to meet our customer’s needs, we want to thank the Indiana Economic Development Corporation, Duke Energy Indiana, Clark County, One Southern Indiana, Jeffersonville Redevelopment Commission, and the City of Jeffersonville for the support in evaluating where the next chapter of growth will reside for voestalpine Roll Forming Corporation. The cooperation with state and local leaders is a key consideration for us,” said CFO of voestalpine Roll Forming Corporation, Brad Lacy. “It is important to note that we still have a decision to make on an ideal location for our investment for all stakeholders including employees, customers and the communities in which we operate. We will finalize this decision the week of August 12 in partnership with our executive team and an official press release will follow the week of Monday, August 19 from voestalpine AG.” 

“We are thrilled voestalpine RFC continues to find success in Jeffersonville and are now under final consideration to significantly grow their operations at their Ports of Indiana-Jeffersonville location,” said Mayor Mike Moore. “This expansion is yet another reflection of the vibrant economic environment we have fostered over the years, now affording us this opportunity to bring over 100 new high-wage jobs to the community, all of which are above the Clark County average wage.” 

“Ports of Indiana is delighted voestalpine RFC is considering the Jeffersonville port for this critical expansion,” said Ports of Indiana Chief Executive Officer Jody Peacock. “This is a visionary company that provides specialized roll formed metal for key industries, including aerospace, construction, solar, and transportation. By locating next to its existing facility, it can further enhance its competitive advantage by leveraging the port’s multimodal connections, logistics services, foreign-trade zone and operational synergies within the port’s steel campus.” 

“Voestalpine has operated in this region for years, and when a customer of ours considers expanding here, it is a win for Hoosiers,” said Duke Energy Indiana President Stan Pinegar. “We are glad to work with them to help make this possible. This would bring both capital investment and jobs—both permanent and construction—to this community.” 

“We are delighted about the potential expansion of voestalpine RFC in Southern Indiana,” said CEO and President of One Southern Indiana, Lance Allison. “This move underscores the attractiveness of our business and economic development environment and the strong network we offer to companies looking to grow in the region.” 

About voestalpine Roll Forming Corporation 

voestalpine Roll Forming Corporation supplies custom roll formed metal components into several industries including Aerospace, Construction, Material Handling, Off-Highway, Office Furniture, Solar and Transportation. 

In 2000, Roll Forming Corporation was acquired by globally leading steel and technology group voestalpine AG joining the Metal Forming, Tubes and Sections division. In 2001, voestalpine Roll Forming Corporation became a corporate partner to the state of Indiana by adding a manufacturing facility in Jeffersonville, Indiana. 

Today, voestalpine Roll Forming Corporation has seven production facilities across three states with five facilities and headquarters located in Shelby County, Kentucky and one facility each in Pennsylvania and Indiana. 

About Ports of Indiana: Ports of Indiana is a statewide port authority operating three ports on the Ohio River and Lake Michigan. Established in 1961, Ports of Indiana is a self-funded enterprise dedicated to growing Indiana’s economy by developing and maintaining a world-class port system, and by serving as a statewide resource for maritime issues, international trade, and multimodal logistics. Web:  www.portsofindiana.com

About Duke Energy 

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 900,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier. 

About One Southern Indiana 
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.  


Contact: 
voestalpine AG  
mediarelations@voestalpine.com 

One Southern Indiana 
Brittany Schmidt, Manager of Programs, Events, and Groups 

BrittanyS@1si.org  
812-945-0266 

 

###