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  • News
    Partial In-person school in Lawrence Co. to begin Monday Jan. 25

    Partial In-person school in Lawrence Co. to begin Monday Jan. 25

    Fiscal Court will lease property on Town Hill to Fair Board for 20 years

    Fiscal Court will lease property on Town Hill to Fair Board for 20 years

    LAWRENCE COUNTY SHERIFF DEPARTMENT RECENT NEW HIRES INCREASES TO ITS LARGEST SIZE IN ITS HISTORY; NOW HAS 10 DEPUTIES, 6 COURT SECURITY OFFICERS

    LAWRENCE COUNTY SHERIFF DEPARTMENT RECENT NEW HIRES INCREASES TO ITS LARGEST SIZE IN ITS HISTORY; NOW HAS 10 DEPUTIES, 6 COURT SECURITY OFFICERS

    CITY HALL, FIRE AND POLICE STATIONS WILL BE REMODELED IF $750,000 GRANT IS APPROVED

    CITY HALL, FIRE AND POLICE STATIONS WILL BE REMODELED IF $750,000 GRANT IS APPROVED

    DON’T CALL:   LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    DON’T CALL: LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    COURTHOUSE TO BE CLOSED TO PUBLIC UNTIL FEBRUARY 1

    COURTHOUSE TO BE CLOSED TO PUBLIC UNTIL FEBRUARY 1

    FLETCHER ANNOUNCES TWO WEEK DELAY IN ‘IN-PERSON’ LEARNING CLASSES; NEW DATE IS JAN. 25

    FLETCHER ANNOUNCES TWO WEEK DELAY IN ‘IN-PERSON’ LEARNING CLASSES; NEW DATE IS JAN. 25

    209 NEW COVID-19 CASES IN LAWRENCE COUNTY SINCE DAY AFTER CHRISTMAS

    209 NEW COVID-19 CASES IN LAWRENCE COUNTY SINCE DAY AFTER CHRISTMAS

    LAWRENCE COUNTY SEES OVER 10% OF TOTAL COVID-19 CASES IN 4 DAYS AFTER CHRISTMAS

    LAWRENCE COUNTY SEES OVER 10% OF TOTAL COVID-19 CASES IN 4 DAYS AFTER CHRISTMAS

    21 MORE CASES OF COVID-19 AT JORDAN CENTER, 44 TOTAL IN COUNTY FOR DECEMBER 28

    21 MORE CASES OF COVID-19 AT JORDAN CENTER, 44 TOTAL IN COUNTY FOR DECEMBER 28

  • Sports
    Adkins and Feltner help propel Lawrence Co. to lopsided win over Prestonsburg

    Adkins and Feltner help propel Lawrence Co. to lopsided win over Prestonsburg

    Dawgs take care of Chesapeake in the Boyd Co. Shootout

    Dawgs take care of Chesapeake in the Boyd Co. Shootout

    Lawrence Co. edges Martin Co. in girls action, Host Prestonsburg tonight in District action

    Lawrence Co. edges Martin Co. in girls action, Host Prestonsburg tonight in District action

    Dawgs come up short against Boyd Co.

    Dawgs come up short against Boyd Co.

    DAWGS BLAST ROSE HILL TO GET BACK ON RIGHT TRACK

    DAWGS BLAST ROSE HILL TO GET BACK ON RIGHT TRACK

    Lady Bulldogs bounce back after first loss of the year

    Lady Bulldogs bounce back after first loss of the year

    CARTER CO. NATIVE AND UK TWO SPORT MAN DIES AT AGE 22

    CARTER CO. NATIVE AND UK TWO SPORT MAN DIES AT AGE 22

    Winter Sports in West Virginia will open up February 15th, Spring Sports March 15th

    Winter Sports in West Virginia will open up February 15th, Spring Sports March 15th

    Dawgs win at Fairview and fall on the road at Johnson Central

    Dawgs win at Fairview and fall on the road at Johnson Central

  • Lifestyles
    Carter honors BOE members during School Board Appreciation Month

    Carter honors BOE members during School Board Appreciation Month

    GAS PRICES RISING AT THE PUMP DESPITE LOWER DEMAND

    GAS PRICES RISING AT THE PUMP DESPITE LOWER DEMAND

    Newton’s Third Law and Silver Linings… By Rebecca Webb

    Newton’s Third Law and Silver Linings… By Rebecca Webb

    Kentucky Power and AEP Foundation provide grant to The Salvation Army

    Kentucky Power and AEP Foundation provide grant to The Salvation Army

    ‘A RAY OF HOPE’ AND SOME COUNTY OFFICES SPONSOR TOY DISTRIBUTION

    ‘A RAY OF HOPE’ AND SOME COUNTY OFFICES SPONSOR TOY DISTRIBUTION

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

    LOUISA ROTARY HEARS FROM STATEWIDE REPORTER VIA ZOOM

    LOUISA ROTARY HEARS FROM STATEWIDE REPORTER VIA ZOOM

    New boutique coming to Louisa just in time for Christmas

    New boutique coming to Louisa just in time for Christmas

    Kentucky Power and AEP Foundation provide grant to White House Clinics

    Kentucky Power and AEP Foundation provide grant to White House Clinics

  • Courthouse
    Lawrence County weekly civil suits, marriages and deeds January 17-22, 2021

    Lawrence County weekly civil suits, marriages and deeds January 17-22, 2021

    Lawrence County weekly court docket, January, 17-22, 2021

    Lawrence County weekly court docket, January, 17-22, 2021

    Kentucky State Police Post 14 Welcomes New Troopers

    Kentucky State Police Post 14 Welcomes New Troopers

    LAWRENCE COUNTY ARREST LIST – DECEMBER 26, 2020-JANUARY 17, 2021

    LAWRENCE COUNTY ARREST LIST – DECEMBER 26, 2020-JANUARY 17, 2021

    Lawrence County civil suits for the week of Jan 11-15

    Lawrence County civil suits for the week of Jan 11-15

    Lawrence County court docket for the week of January 11-15

    Lawrence County court docket for the week of January 11-15

    PAIR OF BROTHERS CONVICTED OF 1986 LAWRENCE COUNTY DOUBLE MURDER ARE UP FOR PAROLE

    PAIR OF BROTHERS CONVICTED OF 1986 LAWRENCE COUNTY DOUBLE MURDER ARE UP FOR PAROLE

    Louisa City Council Regular Meeting January 12, 2021–7:00pm

    Louisa City Council Regular Meeting January 12, 2021–7:00pm

    Lawrence County District and Circuit Court Docket for the week of January 4-8

    Lawrence County District and Circuit Court Docket for the week of January 4-8

  • Recollections
    GROWING UP IN LOUISA: Comforts of Home

    GROWING UP IN LOUISA: Comforts of Home

    GROWING UP IN LOUISA: Disappearing Activities

    GROWING UP IN LOUISA: Disappearing Activities

    CANON WAS IN FRONT OF MRS. RICE’S PLACE IN LOUISA, WE KNOW WHERE IT IS NOW

    CANON WAS IN FRONT OF MRS. RICE’S PLACE IN LOUISA, WE KNOW WHERE IT IS NOW

    GROWING UP IN LOUISA… Can you Dig it?

    GROWING UP IN LOUISA… Can you Dig it?

    FRED JONES: I was thinking of Ben Compton today…

    FRED JONES: I was thinking of Ben Compton today…

    GLENN MOLLETTE: What Six Dollars Can Do  

    GLENN MOLLETTE: What Six Dollars Can Do  

    GROWING UP IN LOUISA: Coincidence

    GROWING UP IN LOUISA: Coincidence

    KENTUCKY EXPLORER MAGAZINE WILL NO LONGER BE PUBLISHED

    KENTUCKY EXPLORER MAGAZINE WILL NO LONGER BE PUBLISHED

    GROWING UP IN LOUISA: Old vs New Year

    GROWING UP IN LOUISA: Old vs New Year

  • Obituaries
    Joe Allen Hart, 90, of Louisa

    Joe Allen Hart, 90, of Louisa

    William T.  ‘Bill Tom’ Diamond, 78, of Louisa, Ky.

    William T. ‘Bill Tom’ Diamond, 78, of Louisa, Ky.

    Ruth Lemaster Kimbler, 90, of Louisa, KY

    Ruth Lemaster Kimbler, 90, of Louisa, KY

    Teresa Ann Daniel, 67, of Tomahawk, KY

    Teresa Ann Daniel, 67, of Tomahawk, KY

    Robert G. Miller, Jr., age 53, of Paintsville, Ky.

    Robert G. Miller, Jr., age 53, of Paintsville, Ky.

    Ethel “Edie” Borders Young, 91, formerly of Lawrence County

    Ethel “Edie” Borders Young, 91, formerly of Lawrence County

    Carl M. Howard, 75, of Louisa, KY

    Carl M. Howard, 75, of Louisa, KY

    Frances Ratcliff, 92, of Louisa, KY

    Frances Ratcliff, 92, of Louisa, KY

    Luther Samuel Parsons, 55, of Fort Gay, WV

    Luther Samuel Parsons, 55, of Fort Gay, WV

  • Regional News
    Kentucky State Police Investigates Fatal in Clay County; involves four vehicles

    Kentucky State Police Investigates Fatal in Clay County; involves four vehicles

    Kentucky State Police Asking For Assistance In Identifying Body

    Kentucky State Police Asking For Assistance In Identifying Body

    TRI-STATE AIRPORT EMPLOYEE CHARGED WITH FELONY EMBEZZELMENT

    TRI-STATE AIRPORT EMPLOYEE CHARGED WITH FELONY EMBEZZELMENT

    ‘MAJOR’ DRUG DEALER AND GIRLFRIEND ARRESTED BY WAYNE SHERIFF’S DEU

    ‘MAJOR’ DRUG DEALER AND GIRLFRIEND ARRESTED BY WAYNE SHERIFF’S DEU

    Dozens of Kentucky State Police Troopers Detailed to Presidential Inauguration

    Dozens of Kentucky State Police Troopers Detailed to Presidential Inauguration

    GOVERNOR VETOES BILLS HE DEEMS ‘UNCONSTITUTIONAL’; UPDATES ON COVID

    GOVERNOR VETOES BILLS HE DEEMS ‘UNCONSTITUTIONAL’; UPDATES ON COVID

    KSP LAUNCHES INVESTIGATION OF SHOOTING DEATH CASE OF CARTER COUNTY MAN IN MAGOFFIN COUNTY

    KSP LAUNCHES INVESTIGATION OF SHOOTING DEATH CASE OF CARTER COUNTY MAN IN MAGOFFIN COUNTY

    PLANNED ARMED PROTEST IN FRANKFORT FIZZLES

    PLANNED ARMED PROTEST IN FRANKFORT FIZZLES

    KENTUCKY STATE POLICE CHARGE LOGAN COUNTY, KENTUCKY HUSBAND AND WIFE WITH CHILD SEX EXPLOITATION OFFENSES

    KENTUCKY STATE POLICE CHARGE LOGAN COUNTY, KENTUCKY HUSBAND AND WIFE WITH CHILD SEX EXPLOITATION OFFENSES

  • Announcements
    Lawrence County students not able to return to school today due to weather conditions

    Lawrence County students not able to return to school today due to weather conditions

    FRED M. VINSON MUSEUM TO OPEN ON HIS BIRTHDAY, JAN. 22

    FRED M. VINSON MUSEUM TO OPEN ON HIS BIRTHDAY, JAN. 22

    DON’T CALL:   LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    DON’T CALL: LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    COUNTY ISSUES INVITATION TO BID ON NEW 911 SYSTEM

    COUNTY ISSUES INVITATION TO BID ON NEW 911 SYSTEM

    Louisa Utilities Board Meeting Agenda January 5, 2021, 6:00PM

    Louisa Utilities Board Meeting Agenda January 5, 2021, 6:00PM

    COURTHOUSE OFFICES TO REMAIN CLOSED TO PUBLIC PAST JAN. 4 DATE

    COURTHOUSE OFFICES TO REMAIN CLOSED TO PUBLIC PAST JAN. 4 DATE

    Last day to pay property taxes at the Face Amount is Thursday, December 31

    Last day to pay property taxes at the Face Amount is Thursday, December 31

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

    Lawrence County Board of Education REGULAR DECEMBER  MEETING Video Teleconference

    Lawrence County Board of Education REGULAR DECEMBER MEETING Video Teleconference

  • Editorials/Letters
    Kentucky Public Service Commission issues ruling in Kentucky Power rate case

    Kentucky Public Service Commission issues ruling in Kentucky Power rate case

    Busting myths and verifying facts about coronavirus vaccines

    Busting myths and verifying facts about coronavirus vaccines

    Trump-supporting evangelicals may face a reckoning

    Trump-supporting evangelicals may face a reckoning

    SENATOR PHILLIP WHEELER’S LEGISLATIVE UPDATE…Jan. 14, 2021

    SENATOR PHILLIP WHEELER’S LEGISLATIVE UPDATE…Jan. 14, 2021

    This Week in Frankfort:  Speedy start marks General Assembly’s 2021 session

    This Week in Frankfort: Speedy start marks General Assembly’s 2021 session

    AP: Capitol event was riot or insurrection, not coup attempt

    AP: Capitol event was riot or insurrection, not coup attempt

    SENATOR PHILLIP WHEELER ANNOUNCES COMMITTEE MEMBERSHIP FOR 2021 GENERAL ASSEMBLY

    SENATOR PHILLIP WHEELER ANNOUNCES COMMITTEE MEMBERSHIP FOR 2021 GENERAL ASSEMBLY

    ‘Born-alive’ bill clears Ky. Senate committee

    ‘Born-alive’ bill clears Ky. Senate committee

    Work Ready Scholarship designed to fast-track Kentuckians from classroom to career

    Work Ready Scholarship designed to fast-track Kentuckians from classroom to career

  • News
    Partial In-person school in Lawrence Co. to begin Monday Jan. 25

    Partial In-person school in Lawrence Co. to begin Monday Jan. 25

    Fiscal Court will lease property on Town Hill to Fair Board for 20 years

    Fiscal Court will lease property on Town Hill to Fair Board for 20 years

    LAWRENCE COUNTY SHERIFF DEPARTMENT RECENT NEW HIRES INCREASES TO ITS LARGEST SIZE IN ITS HISTORY; NOW HAS 10 DEPUTIES, 6 COURT SECURITY OFFICERS

    LAWRENCE COUNTY SHERIFF DEPARTMENT RECENT NEW HIRES INCREASES TO ITS LARGEST SIZE IN ITS HISTORY; NOW HAS 10 DEPUTIES, 6 COURT SECURITY OFFICERS

    CITY HALL, FIRE AND POLICE STATIONS WILL BE REMODELED IF $750,000 GRANT IS APPROVED

    CITY HALL, FIRE AND POLICE STATIONS WILL BE REMODELED IF $750,000 GRANT IS APPROVED

    DON’T CALL:   LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    DON’T CALL: LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    COURTHOUSE TO BE CLOSED TO PUBLIC UNTIL FEBRUARY 1

    COURTHOUSE TO BE CLOSED TO PUBLIC UNTIL FEBRUARY 1

    FLETCHER ANNOUNCES TWO WEEK DELAY IN ‘IN-PERSON’ LEARNING CLASSES; NEW DATE IS JAN. 25

    FLETCHER ANNOUNCES TWO WEEK DELAY IN ‘IN-PERSON’ LEARNING CLASSES; NEW DATE IS JAN. 25

    209 NEW COVID-19 CASES IN LAWRENCE COUNTY SINCE DAY AFTER CHRISTMAS

    209 NEW COVID-19 CASES IN LAWRENCE COUNTY SINCE DAY AFTER CHRISTMAS

    LAWRENCE COUNTY SEES OVER 10% OF TOTAL COVID-19 CASES IN 4 DAYS AFTER CHRISTMAS

    LAWRENCE COUNTY SEES OVER 10% OF TOTAL COVID-19 CASES IN 4 DAYS AFTER CHRISTMAS

    21 MORE CASES OF COVID-19 AT JORDAN CENTER, 44 TOTAL IN COUNTY FOR DECEMBER 28

    21 MORE CASES OF COVID-19 AT JORDAN CENTER, 44 TOTAL IN COUNTY FOR DECEMBER 28

  • Sports
    Adkins and Feltner help propel Lawrence Co. to lopsided win over Prestonsburg

    Adkins and Feltner help propel Lawrence Co. to lopsided win over Prestonsburg

    Dawgs take care of Chesapeake in the Boyd Co. Shootout

    Dawgs take care of Chesapeake in the Boyd Co. Shootout

    Lawrence Co. edges Martin Co. in girls action, Host Prestonsburg tonight in District action

    Lawrence Co. edges Martin Co. in girls action, Host Prestonsburg tonight in District action

    Dawgs come up short against Boyd Co.

    Dawgs come up short against Boyd Co.

    DAWGS BLAST ROSE HILL TO GET BACK ON RIGHT TRACK

    DAWGS BLAST ROSE HILL TO GET BACK ON RIGHT TRACK

    Lady Bulldogs bounce back after first loss of the year

    Lady Bulldogs bounce back after first loss of the year

    CARTER CO. NATIVE AND UK TWO SPORT MAN DIES AT AGE 22

    CARTER CO. NATIVE AND UK TWO SPORT MAN DIES AT AGE 22

    Winter Sports in West Virginia will open up February 15th, Spring Sports March 15th

    Winter Sports in West Virginia will open up February 15th, Spring Sports March 15th

    Dawgs win at Fairview and fall on the road at Johnson Central

    Dawgs win at Fairview and fall on the road at Johnson Central

  • Lifestyles
    Carter honors BOE members during School Board Appreciation Month

    Carter honors BOE members during School Board Appreciation Month

    GAS PRICES RISING AT THE PUMP DESPITE LOWER DEMAND

    GAS PRICES RISING AT THE PUMP DESPITE LOWER DEMAND

    Newton’s Third Law and Silver Linings… By Rebecca Webb

    Newton’s Third Law and Silver Linings… By Rebecca Webb

    Kentucky Power and AEP Foundation provide grant to The Salvation Army

    Kentucky Power and AEP Foundation provide grant to The Salvation Army

    ‘A RAY OF HOPE’ AND SOME COUNTY OFFICES SPONSOR TOY DISTRIBUTION

    ‘A RAY OF HOPE’ AND SOME COUNTY OFFICES SPONSOR TOY DISTRIBUTION

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

    LOUISA ROTARY HEARS FROM STATEWIDE REPORTER VIA ZOOM

    LOUISA ROTARY HEARS FROM STATEWIDE REPORTER VIA ZOOM

    New boutique coming to Louisa just in time for Christmas

    New boutique coming to Louisa just in time for Christmas

    Kentucky Power and AEP Foundation provide grant to White House Clinics

    Kentucky Power and AEP Foundation provide grant to White House Clinics

  • Courthouse
    Lawrence County weekly civil suits, marriages and deeds January 17-22, 2021

    Lawrence County weekly civil suits, marriages and deeds January 17-22, 2021

    Lawrence County weekly court docket, January, 17-22, 2021

    Lawrence County weekly court docket, January, 17-22, 2021

    Kentucky State Police Post 14 Welcomes New Troopers

    Kentucky State Police Post 14 Welcomes New Troopers

    LAWRENCE COUNTY ARREST LIST – DECEMBER 26, 2020-JANUARY 17, 2021

    LAWRENCE COUNTY ARREST LIST – DECEMBER 26, 2020-JANUARY 17, 2021

    Lawrence County civil suits for the week of Jan 11-15

    Lawrence County civil suits for the week of Jan 11-15

    Lawrence County court docket for the week of January 11-15

    Lawrence County court docket for the week of January 11-15

    PAIR OF BROTHERS CONVICTED OF 1986 LAWRENCE COUNTY DOUBLE MURDER ARE UP FOR PAROLE

    PAIR OF BROTHERS CONVICTED OF 1986 LAWRENCE COUNTY DOUBLE MURDER ARE UP FOR PAROLE

    Louisa City Council Regular Meeting January 12, 2021–7:00pm

    Louisa City Council Regular Meeting January 12, 2021–7:00pm

    Lawrence County District and Circuit Court Docket for the week of January 4-8

    Lawrence County District and Circuit Court Docket for the week of January 4-8

  • Recollections
    GROWING UP IN LOUISA: Comforts of Home

    GROWING UP IN LOUISA: Comforts of Home

    GROWING UP IN LOUISA: Disappearing Activities

    GROWING UP IN LOUISA: Disappearing Activities

    CANON WAS IN FRONT OF MRS. RICE’S PLACE IN LOUISA, WE KNOW WHERE IT IS NOW

    CANON WAS IN FRONT OF MRS. RICE’S PLACE IN LOUISA, WE KNOW WHERE IT IS NOW

    GROWING UP IN LOUISA… Can you Dig it?

    GROWING UP IN LOUISA… Can you Dig it?

    FRED JONES: I was thinking of Ben Compton today…

    FRED JONES: I was thinking of Ben Compton today…

    GLENN MOLLETTE: What Six Dollars Can Do  

    GLENN MOLLETTE: What Six Dollars Can Do  

    GROWING UP IN LOUISA: Coincidence

    GROWING UP IN LOUISA: Coincidence

    KENTUCKY EXPLORER MAGAZINE WILL NO LONGER BE PUBLISHED

    KENTUCKY EXPLORER MAGAZINE WILL NO LONGER BE PUBLISHED

    GROWING UP IN LOUISA: Old vs New Year

    GROWING UP IN LOUISA: Old vs New Year

  • Obituaries
    Joe Allen Hart, 90, of Louisa

    Joe Allen Hart, 90, of Louisa

    William T.  ‘Bill Tom’ Diamond, 78, of Louisa, Ky.

    William T. ‘Bill Tom’ Diamond, 78, of Louisa, Ky.

    Ruth Lemaster Kimbler, 90, of Louisa, KY

    Ruth Lemaster Kimbler, 90, of Louisa, KY

    Teresa Ann Daniel, 67, of Tomahawk, KY

    Teresa Ann Daniel, 67, of Tomahawk, KY

    Robert G. Miller, Jr., age 53, of Paintsville, Ky.

    Robert G. Miller, Jr., age 53, of Paintsville, Ky.

    Ethel “Edie” Borders Young, 91, formerly of Lawrence County

    Ethel “Edie” Borders Young, 91, formerly of Lawrence County

    Carl M. Howard, 75, of Louisa, KY

    Carl M. Howard, 75, of Louisa, KY

    Frances Ratcliff, 92, of Louisa, KY

    Frances Ratcliff, 92, of Louisa, KY

    Luther Samuel Parsons, 55, of Fort Gay, WV

    Luther Samuel Parsons, 55, of Fort Gay, WV

  • Regional News
    Kentucky State Police Investigates Fatal in Clay County; involves four vehicles

    Kentucky State Police Investigates Fatal in Clay County; involves four vehicles

    Kentucky State Police Asking For Assistance In Identifying Body

    Kentucky State Police Asking For Assistance In Identifying Body

    TRI-STATE AIRPORT EMPLOYEE CHARGED WITH FELONY EMBEZZELMENT

    TRI-STATE AIRPORT EMPLOYEE CHARGED WITH FELONY EMBEZZELMENT

    ‘MAJOR’ DRUG DEALER AND GIRLFRIEND ARRESTED BY WAYNE SHERIFF’S DEU

    ‘MAJOR’ DRUG DEALER AND GIRLFRIEND ARRESTED BY WAYNE SHERIFF’S DEU

    Dozens of Kentucky State Police Troopers Detailed to Presidential Inauguration

    Dozens of Kentucky State Police Troopers Detailed to Presidential Inauguration

    GOVERNOR VETOES BILLS HE DEEMS ‘UNCONSTITUTIONAL’; UPDATES ON COVID

    GOVERNOR VETOES BILLS HE DEEMS ‘UNCONSTITUTIONAL’; UPDATES ON COVID

    KSP LAUNCHES INVESTIGATION OF SHOOTING DEATH CASE OF CARTER COUNTY MAN IN MAGOFFIN COUNTY

    KSP LAUNCHES INVESTIGATION OF SHOOTING DEATH CASE OF CARTER COUNTY MAN IN MAGOFFIN COUNTY

    PLANNED ARMED PROTEST IN FRANKFORT FIZZLES

    PLANNED ARMED PROTEST IN FRANKFORT FIZZLES

    KENTUCKY STATE POLICE CHARGE LOGAN COUNTY, KENTUCKY HUSBAND AND WIFE WITH CHILD SEX EXPLOITATION OFFENSES

    KENTUCKY STATE POLICE CHARGE LOGAN COUNTY, KENTUCKY HUSBAND AND WIFE WITH CHILD SEX EXPLOITATION OFFENSES

  • Announcements
    Lawrence County students not able to return to school today due to weather conditions

    Lawrence County students not able to return to school today due to weather conditions

    FRED M. VINSON MUSEUM TO OPEN ON HIS BIRTHDAY, JAN. 22

    FRED M. VINSON MUSEUM TO OPEN ON HIS BIRTHDAY, JAN. 22

    DON’T CALL:   LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    DON’T CALL: LAWRENCE COUNTY HEALTH DEPARTMENT ASKS THAT LOCAL RESIDENTS TO NOT CALL TO MAKE VACCINE APPOINTMENTS, AS THEY HAVE RUN OUT OF VACCINE

    COUNTY ISSUES INVITATION TO BID ON NEW 911 SYSTEM

    COUNTY ISSUES INVITATION TO BID ON NEW 911 SYSTEM

    Louisa Utilities Board Meeting Agenda January 5, 2021, 6:00PM

    Louisa Utilities Board Meeting Agenda January 5, 2021, 6:00PM

    COURTHOUSE OFFICES TO REMAIN CLOSED TO PUBLIC PAST JAN. 4 DATE

    COURTHOUSE OFFICES TO REMAIN CLOSED TO PUBLIC PAST JAN. 4 DATE

    Last day to pay property taxes at the Face Amount is Thursday, December 31

    Last day to pay property taxes at the Face Amount is Thursday, December 31

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

      LAWRENCE COUNTY HUMANE SOCIETY, INC RECEIVES $14,000 GRANT FROM PETSMART CHARITIES®

    Lawrence County Board of Education REGULAR DECEMBER  MEETING Video Teleconference

    Lawrence County Board of Education REGULAR DECEMBER MEETING Video Teleconference

  • Editorials/Letters
    Kentucky Public Service Commission issues ruling in Kentucky Power rate case

    Kentucky Public Service Commission issues ruling in Kentucky Power rate case

    Busting myths and verifying facts about coronavirus vaccines

    Busting myths and verifying facts about coronavirus vaccines

    Trump-supporting evangelicals may face a reckoning

    Trump-supporting evangelicals may face a reckoning

    SENATOR PHILLIP WHEELER’S LEGISLATIVE UPDATE…Jan. 14, 2021

    SENATOR PHILLIP WHEELER’S LEGISLATIVE UPDATE…Jan. 14, 2021

    This Week in Frankfort:  Speedy start marks General Assembly’s 2021 session

    This Week in Frankfort: Speedy start marks General Assembly’s 2021 session

    AP: Capitol event was riot or insurrection, not coup attempt

    AP: Capitol event was riot or insurrection, not coup attempt

    SENATOR PHILLIP WHEELER ANNOUNCES COMMITTEE MEMBERSHIP FOR 2021 GENERAL ASSEMBLY

    SENATOR PHILLIP WHEELER ANNOUNCES COMMITTEE MEMBERSHIP FOR 2021 GENERAL ASSEMBLY

    ‘Born-alive’ bill clears Ky. Senate committee

    ‘Born-alive’ bill clears Ky. Senate committee

    Work Ready Scholarship designed to fast-track Kentuckians from classroom to career

    Work Ready Scholarship designed to fast-track Kentuckians from classroom to career

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BRAIDY INDUSTRIES NEEDS $300 MILLION IN NEXT FOUR MONTHS

Kentucky Press Association Co-op by Kentucky Press Association Co-op
July 17, 2019
in Business
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Date: 07-17-2019

Braidy Industries must raise $300M in 4 months or risk losing $100M from Russian company

 

 

Braidy Industries has about four months to raise $300 million in equity capital to help finance a $1.7 billion aluminum rolling mill in Eastern Kentucky — or risk losing a sizable investment it already has secured, new records show.

In a U.S. Securities and Exchange Commission filing made this week, Braidy Industries detailed its agreement with United Co. Rusal, the Russian aluminum company with ties to Russian oligarch Oleg Deripaska, an ally of Vladimir Putin.

The company recently announced plans to invest $200 million in Braidy’s planned aluminum rolling mill. 

Rusal — which was under U.S. sanctions until earlier this year — went public in April with its intention to buy a 40% stake in the Kentucky-based mill, which is slated to eventually produce aluminum sheet and plate for the automotive and aerospace industries.

On July 5, a subsidiary of Rusal’s called Allow Rolled Products LLC reached definitive agreements to invest $200 million into Braidy Atlas LLC, the subsidiary responsible for building the mill near Ashland, Kentucky, according to Braidy’s SEC filing.

The $200 million investment will be provided in phases.

Rusal’s subsidiary made an initial $60 million contribution last Friday and plans to provide an additional $5 million per month for eight months, the filing stated.

It intends to make a final, $100 million investment when certain conditions have been met, including an expectation that Braidy will have raised $300 million in cash (or secured commitments to provide those funds).

Rusal’s subsidiary can suspend or terminate its obligation to make the final, $100 million payment (or its monthly, $5 million installments) if Braidy has failed to secure its own $300 million contribution by the time they have surpassed the “fourth monthly anniversary” of the July 5 initial closing of the investment deal, the SEC filing said. 

In an emailed statement Tuesday, Braidy CEO and Chairman Craig Bouchard emphasized the progress his company has made so far, including a North American supply contract he said the company was awarded that same day for an unnamed global automaker.

“Our (SEC) filing demonstrates Braidy Industries has raised equity, binding commitments or signed letters of intent for the majority of capital required for this project. This includes investments from more than 800 investors, including main street Kentuckians,” Bouchard said. “Our progress building one of the largest mills in the world has gone faster than any project of this size in memory.”

Other notable changes that have occurred because of the deal with Rusal include:

Braidy Industries now owns 60% of Braidy Atlas (instead of its former 100% ownership stake).
Braidy Atlas’ board of directors now includes three members appointed by Braidy, including Bouchard, and two members appointed by Rusal’s subsidiary, including Lord Gregory Barker of Battle, the executive chairman of Rusal’s biggest stockholder, En+ Group.

A Rusal affiliate has entered into a 10-year supply agreement with Braidy Atlas to exclusively supply 200,000 metric tons per year of aluminum slab and primary aluminum ingots for Braidy’s planned mill.
Gov. Matt Bevin has been credited with attracting Braidy to Kentucky in 2017, when the company pledged to build the aluminum rolling mill.

Bevin also played a key role in the state government’s decision to invest $15 million in the company in return for an ownership stake and a promise to create more than 500 high-paying jobs in the economically struggling eastern region of the commonwealth.

Braidy still has to secure enough money to build the mill, though. It launched a major stock sale in September 2018 and has repeatedly extended the deadline as it works to raise roughly $500 million.

Braidy’s latest SEC filing includes other details about the company’s plans to finance the mill, which is now set to open in 2021.

Braidy expects it will need to raise the $300 million in equity capital before sufficient debt financing to help pay for the mill’s construction can be attained.

Although it’s in talks with “a number of global financial institutions to secure debt and lease financing” for that project, currently there are no binding debt commitments or financing arrangements, according to the Monday SEC filing.

The company is considering alternative financing sources to pay for the construction. It’s also “party to a non-binding letter of intent for up to $900 million in lease financing arrangements for equipment and other assets” for the mill, and Braidy Atlas is in talks to raise as much as $800 million in “project finance loans.”

In earlier SEC filings, Braidy repeatedly mentioned its plan to seek as much as $800 million from the federal government through the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing direct-loan program. However, this week’s new filing does not mention that program.

In his statement Tuesday, Bouchard said Braidy canceled its application for financing through that program after another party came forward with a better offer than the terms the Department of Energy proposed.

Here are some other highlights from Braidy’s latest SEC filing concerning its other aspects of its business plans:

Funding from Braidy is allowing one of its subsidiaries, Veloxint Corp., to “build out a leased research and development facility in Waltham, Massachusetts, and a scaled manufacturing facility in Kentucky” near the future mill’s site, but neither of those facilities is complete and operational.

Veloxint, which Braidy acquired in March 2018, expects to start generating operating revenue in 2020 and has “a number of development agreements either signed or under negotiation,” the filing said. 
Braidy Atlas has developed a “milestone plan for cooperation” with the BMW Group related to the future supply of automotive aluminum sheet.

Braidy’s growth strategy includes making more acquisitions to accelerate the growth of Veloxint’s business, including acquiring companies that may be substantially larger than Braidy. Any such purchases could have impacts on Braidy, including the need to devote “substantial management time and attention” to negotiating and executing such deals and integrating any firms that are acquired — time and attention that “would otherwise be focused on constructing the Mill and operating Braidy Industries’ current business.”

By Morgan Watkins
Louisville Courier Journal

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Comments 2

  1. Avatar KAG says:
    2 years ago

    looks like they are just holding out for a tax refund use to be tax breaks but now since they don’t pay any taxes now they want a refund .

    Reply
  2. Avatar Never says:
    2 years ago

    Not gonna happen!!!!

    Reply

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