Nonprofit Spotlight | Kosair for Kids

Kosair for Kids                                                        
982 Eastern Parkway
Louisville KY 40217
(502) 637-7696

Contact Person: Thomas Fanning, Director of Development                                                        
Contact Email:                             

Please use 300 words or less to describe your agency and your impact in the community For 100 years, Kosair for Kids has existed to enhance the health and well-being of children in our community by delivering financial support for healthcare, research, education, social services, and child advocacy. We strive to meet kids where they are and raise them to new heights through life-changing partnerships and programs. We believe that every child should have access to the medical care they need, regardless of financial circumstances. Kosair for Kids is the most comprehensive children’s charity in Kentucky and Southern Indiana and with your help, our goal is to help more kids in our second century than in our first.

Agency Mission Statement or Description: Enhance the health and well-being of children by delivering financial support for healthcare, research, education, social services, and child advocacy.

Year established: 1923.

Counties/regions serviced:  Southern Indiana and all of Kentucky.

Focus areas:

Kosair for Kids strives to help children realize their potential while overcoming their obstacles. Our work focuses on four main pillars, Kosair Kids Advocacy, Kosair for Kids Financial Assistance Program, Kosair for Kids Experience Fund and Kosiar for Kids Grants Program. Through these program areas, we create joy for one child, one family, one day at a time.

Impact in community:

Kosair for Kids is the catalyst that creates a world where children in need live life to the fullest. In 2022, its efforts touched the lives of nearly 200,000 children thanks to generous supporters who want to see every child succeed. 94% of programs supported in 2022 serve children with medical disabilities. Kosair Kids in all 120 Kentucky counties and throughout Southern Indiana experienced the power of joy thanks to generous contributors.

Volunteer Opportunities: Volunteers have been making a difference at Kosair Charities for 100 years! Share your time, talent, and enthusiasm by helping support the Kosair Kids of Kentucky and Southern Indiana.

For individual or group opportunities or questions regarding any of our volunteer opportunities, please contact Thomas Fanning at or 502-814-9893.

How 1si members can help your organization:  

We would love to invite you to join us at our 9th annual Pie Auction Presented by Mister “P” Express. This one-of-a-kind event will be held on Sunday, November 19th at Mellwood Art and Entertainment Center. This family-friendly event is a great way to get the perfect treat this holiday season. Guests can bid on pies and other desserts baked by local celebrity chefs and well-known bakeries. To find out more information or to purchase tickets, please visit our website at

Economic Update | Continued Strong Gains for Southern Indiana

submitted by

Uric Dufrene, Ph.D., Interim Executive Vice Chancellor for Academic Affairs, Sanders Chair in Business, Indiana University Southeast

–All eyes on CPI Wednesday

The latest employment report should put a lid on any further rate increases by the Federal this year.  The last BLS monthly report on the nation’s jobs picture showed another steady increase in payrolls, but the unemployment rate increased to 3.8%. An additional 187,000 jobs were added in August, while slower than the numbers produced last year, such a jump in payrolls would be considered quite healthy compared to historical norms. The Fed is striving for a cooling labor market, as evidenced by a higher unemployment rate, but also not putting the economy in a recession. A softening labor market should also bring more progress on the inflation front, helping meet the Fed’s dual mandate of stable prices and employment.    

The other piece of music to the Fed’s ears came in the hourly earnings figures in the report.  Average hourly earnings increased 4.3% over the year, and this was less than the consensus estimates. Slowing earnings will also serve as a headwind to higher inflation.    

There was more good news as it relates to price pressures, and that came with the jump in the labor force. The nation’s labor force increased by 736,000 in August, driving an increase in the labor force participation rate to 62.8%. An expanding labor force increases the labor pool for employers, reducing wage pressures and contributing to softer price pressures.  

Finally, the previous month’s payroll increase was revised downward, from an initial 185,000 to 105,000, a number that signals a cooling labor market.  Altogether, payrolls for the past two months were revised downward by 110,000, removing some of the steam from a previously hot labor market.

With the most recent data, the economy is inching further along to a softer landing.  Job creation continues, without significant spikes in the unemployment rate, and price pressures continue to subside.  The latest ISM report on services showed a higher-than-expected result, pointing to strength in the services side of the economy.  The most recent report on inflation, the PCE Deflator, and the Fed’s preferred inflation gauge, showed that inflation increased by just 2/10ths of a percent in July. On an annual basis, this puts inflation at 2.4%, close to the Fed’s goal of 2%. The Fed will likely keep rates on hold for their next meeting. An increase is not likely, but don’t expect the Fed to reduce rates for the rest of the year. All eyes will be on the CPI report out this Wednesday. FactSet consensus estimates point to a .6% monthly gain and 3.6% on an annual basis. Anything under these numbers will be met very favorably by equity markets.  Anything higher, expect a turbulent day with stocks and bonds.

Turning to Southern Indiana, the five Indiana counties of the Louisville Metro region gained close to 3,500 jobs in the first quarter, matching the quarterly average since the 3rd quarter of 2021.  Average weekly wages notched another increase, moving to $998 a week, marking the highest wage level in Southern Indiana for any first quarter. The three leading industries based on job growth were health care and social services (+1,342), construction (+524) and retail trade (+415). Accommodation and food services notched another 380 payrolls;  industry payrolls are about 1,200 higher than the level existed during the first quarter of 2020. 

As a comparison to other metro areas across Indiana, this places Southern Indiana 2nd among metro areas with respect to payroll growth during the first quarter of 2023, and above the overall average of 1.5%. Payrolls across Southern Indiana grew by 3.1% over the year;  west Lafayette had the highest growth in payrolls with 3.8%.

Two metro areas, Kokomo and Elkhart-Goshen, saw a decline in year-over-year payrolls.  Elkhart-Goshen saw the largest percent decline, 5.5%, and an overall decline of 7,394. RV shipments are down considerably from last year, and the payroll numbers for Elkhart-Goshen likely reflect this shift in spending.

On the wage front, average weekly wages in Southern Indiana are 23.4% higher than the first quarter of 2020;  average weekly wages have gone from $809 in 2020:Q1 to $998 in 2023:Q1. The largest absolute increase occurred in the professional, scientific, and technical services industry, increasing by $311 since 2020:Q1. Other notable increases since 2020 are in transportation and warehousing (+$289), wholesale trade (+$262) and information (+$243).

We’ll likely see no change in Fed rates for the rest of the year, and any recession is now postponed to 2024. Perhaps the economy will miss one altogether.  It is too early to definitively make that call, but 2023 continues to set the economy up for a softer landing in 2024. 


Thank You for Renewing Your Membership | August 2023

One Southern Indiana would like to thank the following members for renewing their membership during the month of August 2023.

Quarter Century Club (25 Years or More)Member Since
Clark Memorial Health1976
Frank Stemler & Sons dba Stemler Plumbing1977
Commercial Kentucky, Inc.1988
Green Tree Mall1989
Custom Foods Catering1990
Kightlinger & Gray, LLP 1991
Duke Energy1993
Community Foundation of Southern Indiana1995
Ten to 24 Years 
Renaissance Design Build, Inc.1999
The Stemler Corporation2001
Health Insurance by Design2003
The Falls of the Ohio Foundation, Inc.2004
Heartland, A Global Payments Company2004
Youth Link Southern Indiana2004
Caesars Foundation of Floyd County2005
Mariner Wealth Advisors2005
Bottles Unlimited2007
Bowles Mattress Co., Inc.2007
Impact Sales Systems2007
Talis Group, Inc.2007
Northern Continental Logistics2008
American Beverage Marketers, Inc.2009
C3 Tech2009
Prosser Career Education Center2009
ID&A, Inc.2010
Lindsey Wilson College2010
The Center for Women & Families2011
LifeSpan Resources, Inc.2012
Lotus Sign & Design2012
Five to Nine Years 
ERL, Inc.2014
First Financial Bank2014
Louisville Orthopaedic Clinic2015
Borden Business Park, LLC2016
H & H Metal Products, Inc.2016
Louisville Zoo2016
Franklin Pest Solutions2018
Workwell Industries2018
Two to Four Years 
Cattleman’s Roadhouse2019
My Scratch & Dent Appliances and Warehousing2019
Progressive Material 2019
Spencer Machine & Tool Co., Inc.2019
Wooded Glen Recovery Center2019
Big O Tires – Sellersburg2020
Conrad Brothers Moving & Storage2020
Idemitsu Lubricants America Corporation2020
Best Western Plus- Louisville North2021
GCCS Educational Foundation, Inc.2021
Harry’s Taphouse and Kitchen2021
Louisville Bats Baseball Club2021
Outward Bound Support Services, LLC2021
Southern Indiana United Soccer Club2021
Zoeller Pump Company2021
One Year 
CertaPro Painters of Kentuckiana2022
Upland Brewing Company2022

Welcome New Members | August 2023

Louisville-based manufacturer to expand into Southern Indiana

Conco, Inc. opening a new facility and investing over $54 million in Scottsburg.

Scottsburg, IN. (August 14, 2023)

Southern Indiana is celebrating the growth of another manufacturing company in the region. Conco, a full-time, full-service supplier of ammunition containers and related services, plans to invest $54.5 million to establish a second facility in the region, this one located in Scottsburg, Indiana. The company’s investment includes over $36 million in new equipment, furnishings, fixtures, hardware, and software; $11.5 million to purchase the former Tokusen USA space; and $6.9 million in improvements to the existing spaces. 

This investment will result in up to 175 new full-time positions at the Scottsburg location, including Production Team Members, Quality Technicians, Welders, Paint Technicians, Process Technicians, Controls Technicians, Tool & Die, Industrial Maintenance, Electricians, Engineering and Administration at an average wage of $28 per hour.

Conco has served the United States Armed Forces as a supplier since 1967. With a strong reputation for high-quality products, on-time delivery, and tech support, they continue to meet military needs and develop innovative products to adapt to ever-changing requirements. Conco is also a designated “return site” equipped to store, de-militarize, and prepare container models for reuse and resale. Their specialized products include insensitive munitions, rectangular containers, square bell containers, and round bell containers, in addition to their refurbished container options.

“We are excited to join the Southern Indiana region with our new facility in Scottsburg,” said Karen Paschal, President and CEO of Conco, “When looking at locations, the former Tokusen USA space was a perfect fit for what we needed to expand, and we look forward to working with the State of Indiana, the City of Scottsburg, and its residents to create additional growth for the region.”

The Indiana Economic Development Corporation (IEDC) has committed to an investment in Conco of up to $1.925 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. In addition, the City of Scottsburg is offering the company personal and real property tax abatement, phasing in over five and ten years, respectively.

“Indiana’s defense sector continues to grow, and we’re excited to welcome Conco to our network of advanced manufacturers that are contributing to and supporting our nation’s armed forces,” said Governor Eric J. Holcomb. “Conco’s decision to locate in Scott County is a testament to the region’s skilled workforce and vibrant communities, and the company’s presence in southern Indiana will further advance new patriotic career opportunities for families for years to come.” 

“The City of Scottsburg is thrilled to be working with Conco and helping them establish a home in Scottsburg,” said Terry Amick, Mayor of the City of Scottsburg. “We are proud to support their efforts as they expand their services for the United States Armed Forces and are excited to see the local community growth they will bring to the area.”

“Southern Indiana has seen major manufacturer growth over the last several years with projects expanding or new locations opening in the region,” said Wendy Dant Chesser, President and CEO of One Southern Indiana. “Conco’s decision to expand and open a new location in Scottsburg shows that our region remains a prime location for manufacturers – big and small, current and new. 1si is excited to see what Conco will bring to the manufacturing region and look forward to continuing this partnership and assisting them in any way we can.”

About Conco, Inc.
Conco is a designated “small business” with 50 years of experience dedicated to the ammunition container market and is ISO 9001:2015 certified. Conco is centrally located in Louisville, KY, and is currently the prime contract container supplier for several U.S. Army ammunition programs. For more information, visit If interested in a position at Conco, email resumes to

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


Conco, Inc.

Karen Paschal, President & CEO



One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager



Economic Update | The Resilience of the Consumer

submitted by

Uric Dufrene, Ph.D., Interim Executive Vice Chancellor for Academic Affairs, Sanders Chair in Business, Indiana University Southeast

One of the reasons why we have not seen a recession this year, and likely for the rest of the year, has to do with the consumer, driver of almost 70% of the U.S. economy. So, what is happening with the consumer will often provide clues about the direction of the U.S. economy. Last year, for example, the economy was seeing 40-year high rates of inflation.  Skyrocketing inflation was expected to break the backs of the consumer, and a recession would then follow. Additionally, consumer sentiment was in the doldrums, not only due to higher prices but also the collapse in both stock and bond values. Stock market indices saw significant erosion, and bond values declined due to increasing interest rates.  Consumer conditions were not favorable, and a recession was almost certain, as also evidenced by an inverted yield curve (short-term bond yields are higher than long-term bond yields), a reliable predictor of past recessions.    

Despite challenges, consumers have held up, steering the economy clear of a recession, at least for this year. Consumer spending on services has not slowed down. It took almost two years to recover from the decline in spending due to Covid, but spending has been increasing since. Goods spending saw astronomical gains coming out of Covid but has been normalizing since. Goods spending peaked in April 2021, and has decelerated since, but that was to be expected. Households can only make so many home repairs and buy so many couches, refrigerators, and RVs!

Higher mortgage rates were expected to also thwart the consumer, but most households with mortgage balances had already locked in an ultralow mortgage rate, immune from subsequent rate increases. Most are not eager to replace a low-rate mortgage with a higher rate, and this is one of the reasons why the housing supply, or homes available for sale, continues to be challenged.  Existing home sales, at the national level, are down more than 30% from a year ago.  Higher mortgage rates have impacted some industries, like real estate, housing, and mortgage finance, but the impact on most consumers has been minimized. 

One of the contrary benefits of higher mortgage rates is the impact on supply.  Restricting supply is providing support to home prices, when normally, higher mortgage rates might adversely impact housing values, like the housing crash that ultimately brought about the Great Recession of 2007.  Strong home values are providing a boost to homeowner’s equity, building wealth, and supporting a resilient consumer. Since the Great Recession, home equity loans have been on a continued downward slope, but since last year, home equity loans rebounded, allowing homeowners to tap into this wealth to support consumer spending.

This added equity to the household balance sheet is also giving consumers the confidence to take on more debt.  Consumer debt dipped coming out of the Covid recession but started climbing around mid-2021.  Debt continues to increase, but the rate of growth has subsided. Household debt ratios had dropped to a 30-year low in March 2021 and began climbing to a pre-pandemic high in late 2022.  Since then, household debt ratios have declined slightly, providing more ammunition for subsequent consumer spending. A red flag is beginning to emerge on the consumer debt side, however. While delinquency rates are lower than pre-pandemic levels, and significantly below rates associated with the Great Recession, delinquency rates on consumer loans and credit cards have been climbing.   

Household checkable deposits have declined from a peak in September 2022, but remain considerably higher than pre-pandemic levels. Consumer sentiment continues to climb from the trough of June 2022 but is at levels that historically coincide with recessions. Inflation continues to moderate, and the last report showed a decline in the core rate, previously referred to as “sticky”. The progress made on inflation is supporting consumer sentiment, one of the reasons why sentiment has been trending upward. The labor market has softened a little but is still very tight.  Job openings continue to exceed the number of unemployment and the growth in earnings now exceeds the rate of inflation.  We are still expecting a slowdown in the economy, but the overall shape of the consumer is one of the reasons any economic contraction will be mild.  

Nonprofit Spotlight of the Month | Open Door Youth Services

Open Door Youth Services            

2524 Corydon Pike Ste. 108
New Albany, IN 47150
Business Phone: (812) 948–5481


Contact Person: Augie Jones, Communications Manager

Contact Email:

Agency Mission Statement or Description: Open Door Youth Services exists to respond to the needs and promote the healthy development of vulnerable children and youth. It has been helping our community for 40 years through residential, prevention, and outreach programs that add positive influences to the lives of our young people.

Year established: 1982 (40 years).

Counties/regions serviced: We serve the entire state of Indiana through the Indiana Department of Child Services where we house over 200 residents in our residential facility each year. We also serve Floyd County elementary schools with afterschool programming where we provide prevention education, teaching them age-appropriate lessons that will help them to avoid potentially abusive situations.

Focus areas: Youth Development / Social Services

Impact in community: We have been helping our community through residential, prevention, and outreach programs that add positive influences to the lives of our young people. Open Door Youth Services reach as many as 4,000 children a year.

Volunteer Opportunities: 1si members are invited to volunteer at our annual Vince Klein “Run Like a Super Hero” Memorial 5k on September 23rd, 2023 or visit our website’s “Volunteer” page for more opportunities. These opportunities range from youth mentorship, grounds maintenance, or taking our youth on outings. Volunteers must be 21 years or older. If a 1si business has a specific area of expertise that they think can benefit Open Door Youth Services (i.e landscaping, information technology, ect.) and would be interested in providing their services for free, please reach out on our website or at

How 1si members can help your organization: 1si members can support our organization by donating on our website or participating in our annual Vince Klein “Run Like a Super Hero” Memorial 5k on September 23rd, 2023. All proceeds raised will go towards our residential program. Members can run in the 5k or become a sponsor of the event. If sponsored, members of your organization will be allotted free tickets for the 5k.

One Southern Indiana Board of Directors Announces Transition Plan for CEO and President

Wendy Dant Chesser, current CEO and President, announced her resignation last month.

New Albany, IN. (August 10, 2023) – The One Southern Indiana (1si) Board of Directors has approved a CEO transition and search plan to guide the organization during the next several months.  Wendy Dant Chesser, current CEO and President, is resigning her position as of October 26, 2023, and this transition plan includes hiring a search firm for 1si’s next president and CEO and ensuring all duties and projects currently performed by the President are completed or transitioned to other staff members by this date.

The search committee, comprised of stakeholders, Board of Directors, business members, and investors, will be led by Bryan Wickens, the current Chair of the Board of Directors. The search committee issued a Request for Proposals and will analyze and hire a search firm to facilitate the candidate identification and interview process.

“Wendy has done an excellent job for nearly 11 years, and we appreciate all that she has done in guiding the organization,” noted Wickens.  “We know that change can be challenging, but we truly have an incredible opportunity in front of us to build on her work and the wonderful foundation of 1si’s past accomplishments.  We are committed to finding the leader we need today to take our organization and region to the next level.”

The committee plans to engage board members, business members, and stakeholders during the search process. If a candidate is not found or hired by Wendy’s last day, an Interim CEO will be considered until a permanent replacement is found. Chesser will continue her current projects and duties until her resignation date but will have a secondary lead for ongoing projects and duties.

“I am pleased with the transition plan that the Executive Committee has developed for the remainder of my time at 1si,” said Chesser, “1si is in good hands with the current team of leadership and staff and will continue the mission to help businesses thrive and innovate in Southern Indiana and Louisville metro area.”

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

Brittany Schmidt, Content Marketing and Media Relations Manager | 812-945-0266


One Southern Indiana Celebrates Accomplishments at Annual Meeting

The Organization Announced Several Award Winners and Welcomed New Board of Directors

New Albany, IN. (August 8, 2023) – One Southern Indiana, the chamber of commerce and economic development organization for Clark and Floyd counties (1si), hosted their Annual Meeting today, August 8, 2023, at Huber’s Orchard, Winery & Vineyards. The theme of this year’s program was “New Perspectives.” The event hosted approximately 380 members and guests.

1si is pleased to present three awards during this event to members and individuals who embodied the characteristics of the award categories:

  • Economic Development Impact Project of the Year – HealthTrackRX, sponsored by DMLO CPAs and Advisors
  • Ambassador of the Year – Danny Berry, Prudential Financial, sponsored by MCM CPAs & Advisors
  • Volunteer of the Year – Kim Martin-Dawkins, PNC Bank, sponsored by First Harrison Bank

HealthTrackRx is the nation’s premier PCR-based infectious disease laboratory, providing clinical testing services throughout the U.S., and has a long-term vision to grow its regional presence. 

Members enthusiastically approved a slate of new officers and directors to the 1si Board.  Officers for the 2023-2024 year include: 

  • Chair – Bryan Wickens, MAC Construction & Excavating, Inc.
  • Chair-Elect / Economic Development Chair – Cathy Scrivner, Louisville Water Co.
  • Secretary / Governance Chair – Brad Blackburn, Samtec, Inc.
  • Treasurer / Finance Chair – Tommy Wallace, Old National Bank
  • Past Chair – Laurie Goetz-Kemp, Momentum Title Agency, LLC
  • Business Resources Council Chair – Jessica Carroll, First Harrison Bank
  • Board Development Chair – Ann Carruthers, Clark/Floyd System of CARE & Prevent Child Abuse
  • Advocacy Chair – Jim Epperson, SoIN Tourism
  • Diversity, Equity & Inclusion Council Chair – Raymond Smith, Jr., Park Community Credit Union
  • Investor Relations Chair – Afton Yaeger, Mariner Wealth Advisors

“I am thrilled to be the chair for the 2023-2024 year at One Southern Indiana,” said Bryan Wickens, “It’s an honor to lead the executive team and board of directors, and I am excited to work with the staff of 1si during this time of transition.”

New directors elected to the board for a three-year term include:

  • Morgan Bauer Brown, Schuler Bauer Real Estate Services
  • Jason Clemmons, Clark County REMC
  • Deborah Ford, IU Southeast
  • Christopher Jackson, Dan Cristiani Excavating Co., Inc.
  • Matt Neely, MCM CPAs & Advisors
  • Joseph Scott, Joash Construction
  • Andrea Strange, Harding, Shymanski & Company, P.S.C.

Once again, 1si partnered with the News & Tribune to publish our annual report to the community for the preceding 12 months.  The supplement will be available in the August 8 edition.

Samtec provided the keynote for today’s meeting.  Locally headquartered and privately held, Samtec is the service leader in the electronic interconnect industry with 40+ global locations.  Mark Bobo, Executive Vice President of Global Compliance, Sustainability, and Government Affairs tied the “New Perspectives” theme of the event to the ever-changing world of electronics manufacturing.   He highlighted how Samtec’s core philosophies around providing Sudden Service® to its customers have evolved while remaining true to the values upon which the company was founded.


1si’s sponsors for the event included:

  • Presenting Sponsor – First Harrison Bank
  • Video Sponsor – MCM CPAs & Advisors
  • Economic Development Impact Project Award Sponsor – DMLO CPAs & Advisors
  • Venue Sponsor – Huber’s Plantation Hall, Huber’s Orchard, Winery & Vineyards
  • Platinum Sponsors – ClearPath Mutual, German American Bank, ProMedia Group, and River Ridge Development Authority
  • Gold Sponsors – First Savings Bank, Ivy Tech Community College, Mister “P” Express, Inc., Shepherd Insurance, and SoIN Tourism
  • Silver Sponsors – Centra Credit Union, Clark Memorial Health, Greater Clark County Schools, L&D Mail Masters, Inc., PayFWDs, River City Bank of Kentucky, Schuler Bauer Real Estate Services

“1si is a robust organization that shows continuous growth each year. We could not be the organization we are without the support of our board of directors, investors, business members, and the community,” noted Chesser. “I am proud to have been a part of this team for the past eleven years and can’t wait to see where the organization goes in the future.”

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

Brittany Schmidt, Content Marketing and Media Relations Manager | 812-945-0266