Total Quality Logistics, the nation’s second-largest freight brokerage firm, plans an $800,000 expansion at its operations center in Louisville, Kentucky. The firm, which is moving into a new 14,000-square-foot office on S. Fourth Street and purchasing equipment, is expected to create up to 50 new jobs in Jefferson County.
“We plan to double the number of employees in Kentucky over the next three years,” said TQL Executive Vice President Kerry Byrne. “This celebration of our Louisville team’s new office in the heart of downtown starts a new chapter of TQL’s growth, both in Louisville and in the Commonwealth of Kentucky.”
As an incentive to encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $450,000 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.
TQL’s Louisville location opened in 2011 and currently employs 65 workers. The company, headquartered in Cincinnati, also has locations in Lexington and Erlanger, employing a combined 270 people in Kentucky.
For 17 years, TQL has specialized in arranging transportation of full truckload shipments for companies across the country. The company, which has offices throughout the country, facilitates the movement of more than 800,000 truckload shipments to more than 10,000 customers each year.
Governor Steve Beshear said, “Jefferson County certainly is on a roll with new projects and expansions by existing companies in the region. We’re glad that TQL is growing, creating new jobs and investing in the Commonwealth.”
“TQL’s expansion demonstrates not only Louisville’s great strengths as a place of doing business, but also our strength as a logistics hub,” said Mayor Greg Fischer. “Our economic development work around our key business clusters is paying off, and it is exciting to see another expansion of an existing company and gain new jobs for our workforce.”