Business

Thortons logo

Louisvilleky-based Thortons to be sold

Strategic Joint Venture Between ArcLight and BP to Acquire Thorntons Inc. Partnership will accelerate Thorntons growth and expand company footprint LOUISVILLE, KY – Thorntons Inc. is pleased to announce that the Louisville, KY based company is being acquired by a joint venture created between affiliates of ArcLight Capital Partners and BP to grow in the downstream refined products segment. Subject to regulatory approval, the joint venture will continue to operate all existing stores under the Thorntons name and will retain Thorntons team members working out of the Store Support Center in Louisville. “My family and the Thorntons team are incredibly…

Read More

opportunity zones

LouisvilleKY’s Opportunity Zones touted as great investment

Louisville, KY., – Louisville Mayor Greg Fischer today joined community leaders, investors and Louisville Metro Government representatives to champion Opportunity Zones as a new tool to help revitalize Louisville neighborhoods. Additionally, the Mayor released the city’s Opportunity Zones Prospectus, a holistic document that showcases Louisville’s assets and will be shared with investors locally and across the country. “Opportunity Zones are a new avenue for us to attract investment to areas of our city that already have momentum and could see tremendous growth and opportunity with additional capital investment,” said the Mayor. “We want responsible development and projects that benefit our…