Fort Knox: Bracing for Change

8/13/2013 04:50:54 PM  -  0 Comments

On the same day that Deputy Defense Secretary Ashton Carter was announcing to the nation that additional troop cuts and civilian layoffs "are imminent unless Congress and the White House reach a deal to avert another round of automatic budget cuts," Fort Knox's Commanding General Jeffrey A. Smith was trying to paint a brighter picture of what lies ahead for the 95 year-old military installation located just 38 miles from downtown Louisville.

Speaking as part of GLI's Business at Breakfast Acclaimed Speaker Series, General Smith acknowledged that Fort Knox is facing a significant period of change, based on the upcoming budget cuts from what is commonly called sequestration, but he also pointed to Fort Knox's own history and the continuing draw down of troops from Afghanistan as reasons for major upcoming transitions. 

General Smith reminded the group that Fort Knox served as the "armor epicenter" for the entire army and armored personnel from 1940 until 2011 when the armor school and center all moved to Fort Benning, GA.  At the same time, Fort Knox maintained its Recruiting Command, which was established in 1995, and accepted Army Accessions, Cadet and Human Resources Commands all of which added an additional 21,000 service persons and civilians that help contribute to Fort Knox's current $2.8 billion economic impact on the area.  



GLI Needs Your Input on Our Region's Economic Priorities

8/12/2013 06:28:03 PM  -  0 Comments

Louisville has made significant economic strides, but the region isn't keeping pace with competitor cities in creating high-paying jobs and positioning itself for success in a 21st Century economy. GLI is asking members for their feedback to better understand the region's assets and challenges...