Lawrence acquires CMHC majority
Clark Material Handling Company has sold an equity interest in Clark Material Handling Company to Dennis J. Lawrence, president and C.E.O of the Lexington-based company. With this purchase, Lawrence becomes the single largest individual owner of Clark stock.
Clark, inventor of the first material handling truck in 1917, maintains production and sales facilities in Germany, Korea, China, Brazil, Chile and Costa Rica in addition to its facilities in Kentucky. Over one million Clark forklifts have been sold worldwide.
Exstream moves conference to Cincinnati
Looking for more variety and options to entertain clients, Exstream Software is relocating its annual conference to Cincinnati after holding the meeting in Lexington for six years.
"As our conference is growing, we want to offer more entertainment and more activities outside of the conference for our customers who come into town," said Sarah Snider, Exstream's manager of customer and partner relations. Snider said the conference attracts some 300 of the company's North American customers.
With many of Exstream's clients located on the West coast, Snider added, flights into Cincinnati eliminate the multiple stops required to reach Bluegrass Airport in Lexington.
"We are growing. The conference itself is growing and with that comes the need for a larger city with more entertainment options," she said.
Mayor Newberry on the state of things
A report from the top on leading a growing city with competing opportunities and challenges is slated for 6 p.m. on Monday, January 28, when Mayor Jim Newberry takes to the stage of the Lexington Opera House to deliver the annual "State of the Merged Government address.
Sponsored by the Lexington Forum