Business closings, openings and anniversaries: Week of July 8

July 8, 2013 

Cumberland Surety and Newbridge Services have relocated to 340 South Broadway in offices formerly occupied by the Kentucky Coal Association. William "Bill" Adams now serves as president and managing partner of both companies. For more information, call Adams at (859) 254-8622 or go to Cumberlandsurety.com. Email Adams at badams@cumberlandsurety.com.

■ The Kentucky Historical Society has been named an affiliate of the Smithsonian Institution. Smithsonian Affiliation provides the opportunity to develop innovative collaborations and facilitate the loan of Smithsonian artifacts and traveling exhibitions. There are now 177 Smithsonian Affiliates in 42 states, Puerto Rico and Panama.

As an affiliate, historical society may share the Smithsonian's resources with the nation and provide enhanced access to the more than 136 million objects in the Smithsonian collections, and the knowledge and experience of the scholars and experts at the Smithsonian.

Richmond Furniture Outlet has opened at 831 Eastern Bypass in Richmond. The store is open only on weekends and offers living room, dining room, office and bedroom furniture, including mattresses. Phone: (859) 624-8044. Hours: 11 a.m.-8 p.m. Friday and Saturday, noon-6 p.m. Sunday. Web site: Furnitureoutletrichmond.com.

■ Louisville-based Bowie Resources and Galena Private Equity Resource Fund have announced an agreement to purchase Canyon Fuel Co. from Arch Coal for $435 million in cash. The Canyon Fuel sale has been approved by the Arch board of directors and is expected to be completed in the fall.

The new company, Bowie Resource Partners, will be based in Louisville with a regional office in Grand Junction, Colo. It will have a productive capacity of 15 million to 17 million tons of thermal coal annually and employ 1,100.

Compiled by Dorothea Wingo

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