Groupon Opens Latest Distribution Center In Boone County, Kentucky
Area Development Online News Desk (11/18/2013)
Groupon opened its newest distribution warehouse in Boone County, Kentucky, which will create 115 new jobs. The warehouse will serve as the primary fulfillment center for the firm’s growing Goods business.
“With its thriving workforce and vibrant community, northern Kentucky is an ideal location for our new Groupon Goods Fulfillment Center,” said Groupon CEO Eric Lefkofsky. “Opening Groupon’s first warehouse here will help us better serve our customers, and we look forward to being a part of this great community.”
Gov. Steve Beshear said,“We are very excited to see Groupon bring its services to the Commonwealth. This is further proof that Kentucky’s centralized location and strong infrastructure provide a strategic advantage for companies to establish operations in the Bluegrass.”
“This is an excellent opportunity for both Groupon and Kentucky,” said Lt. Gov. Jerry Abramson. “Matching one of the nation’s strongest companies with our great workforce will provide a significant boost to our local economy. We’re proud the Commonwealth has been able to partner with Groupon, and we know the company will thrive here.”
To encourage the investment and job creation in Boone County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“Northern Kentucky Tri-ED is pleased to welcome Groupon’s first-ever fulfillment center to our region and we look forward to their success,” said Steve Pendery, Campbell County Judge-Executive and chairman of Northern Kentucky Tri-ED. “Northern Kentucky is a natural location for companies like Groupon because of our logistical advantage with robust interstate and airport infrastructure.”