Business

Business briefs: 30 layoffs at Maysville transmission company

Kentucky

30 layoffs now, more to come at Maysville transmission company

Emerson Power Transmission Solutions in Maysville is laying off 30 employees. The company told the workers earlier this month, noting it was a continuation of plans announced in January to consolidate operations. The company plans to close its manufacturing operation on Second Street, though administration, sales, marketing and engineering personnel will continue to operate in the facility, said spokesman Dave Baldridge. In total, the consolidation will cut 80 jobs through April, when manufacturing at the site is expected to cease. The company will continue to operate its manufacturing location on Progress Way, Baldridge said.


BBB warns of new texting scam

The Better Business Bureau of Central & Eastern Kentucky says a new scam is circulating in Central Kentucky in which people receive text messages asking them to verify their credit union card accounts. The messages, which do not name a specific credit union, falsely claim that an "alert" is being placed on the person's credit card, according to a BBB news release. The text message asks recipients to call a toll-free number and enter their 16-digit credit card numbers via an automated system. "The warning remains the same ... people should never assume that a text, voice or email message warning of a problem with their bank account or credit card is real," said Jack Frank, CEO of the organization. "Check it out first."


Deal made for transportation consulting firm

Lexington-based transportation consulting firm ENTRAN is being acquired by global design company Stantec. Financial terms of the deal, which is expected to close in October, were not disclosed. ENTRAN has 115 employees, with offices in Kentucky, Illinois, Ohio, Tennessee and West Virginia. Its ongoing design projects include the double crossover diamond interchange on Harrodsburg Road.

"Stantec provides us with the geographic reach and resources we need to continue our expansion and compete for surface transportation and aviation projects of greater size and complexity," said ENTRAN CEO J. David Sigler in a statement.

For Stantec, the deal expands its services in the region. "The addition of ENTRAN will augment Stantec's transportation practice in the U.S. Southeast and Midwest and expands our aviation services into new markets," said Scott Murray, senior vice president of Stantec's U.S. East operations. Stantec, which specializes in planning and engineering consulting services, has 200 employees in Lexington and Louisville and 11,000 worldwide.

  Comments