In IL’s conversation last Friday with Mary Ellen Wiederwohl, the chief of Louisville Forward made an important, too often overlooked point: Business expansion is as important as business attraction. Which made us think of Algood Food.
Algood Food just bought a 100,000-square-foot building at 10631 Freeport Dr. in Riverport in a deal brokered by Cassidy Turley/Harry K. Moore Commercial Real Estate Services. The facility is about 500 yards west of its existing Louisville facility at 7401 Trade Port Dr. Algood had been leasing the building for four years, “and it just made sense to buy it, interest rates being what they are,” VP James Melhuish told IL.
Asked if Algood is one of those quiet success stories that stays below the radar, Melhuish said, “I hope so!” But you should know Algood has a huge marketshare of the private label peanut butter, jelly and preserves business, with their products on shelves across the United States. Algood has facilities in Louisville and Lawrenceberg, Ky.
Skill equals salary
We had a post Tuesday about U.S. News & World Report’s 2014 ranking of the schools where you get the most bang for your buck. As usual, the Ivys lead the pack.
Yesterday, the Washington Post’s Wonkblog had a great post on the value of leaving college with, you know, tangible skills, and the Ivy League schools barely get a mention.
If you want your student to hit the workforce earning the most amount of money, go Air Force. Yep, the service academies – especially the Naval Academy at Annapolis, Md. – lead the pack.
West Point and the Air Force Academy at Colorado Springs are both on the list, as is the increasingly prestigious Harvey Mudd College in Claremont, Calif., outside LA. Rose-Hulman up the road in Indy also makes the list, as do a number of mining technology schools.
Ah, but there’s more. Wonkblog writer Roberto Ferdman follows up with a list of schools where graduates have the highest mid-career earnings, as well as the schools where alums have the greatest salary growths. So, how do our state schools fare?
Let’s put it this way: Liberal arts colleges need not apply.