Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
The investment will include the acquisition of a larger facility which will house the company’s manufacturing operations.
“We are honored to be part of this growth initiative in Kentucky,” said Tony Young, founder and CEO of Aegis. “Aegis has been fortunate to double in size the past four years while also doubling the size of its workforce each year. The goal is to keep pace with the intralogistics and parcel shipping industry needs for automation, which has catapulted since e-commerce demands continue to explode. At Aegis, we focus on developing innovative, disruptive solutions that help the major players in this industry accomplish more with less.”
To support the project the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2.2 million in tax incentives based on the company’s investment of $15.9 million and annual targets of: Creation and maintenance of 80 Kentucky-resident, full-time jobs across 10 years; and paying an average hourly wage of $61.84, including benefits, across those jobs.
“Kentucky’s manufacturing sector continues to grow and create incredible job opportunities for our communities,” noted Governor Andy Beshear. “This expansion project by Aegis Sortation is just the latest example of a Kentucky company continuing to reinvest in the communities they serve. I am excited to see Aegis continue to grow in the Louisville area.”
Additionally, KEDFA approved Aegis for up to $300,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, Aegis Sortation can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
“Aegis Sortation is the exact type of logistics company we like to see grow in Louisville,” added Trevor Pawl, chief executive officer at Louisville Economic Development Alliance (LEDA). “Aegis is driving innovation within the logistics industry through product design and emerging technologies, producing top-of-the-line sortation and automation solutions for Fortune 500 customers and international logistics giants. Our team at LEDA extends our appreciation and congratulations to the entire Aegis Sortation team, and we look forward to remaining a valuable partner as the company continues to grow.”
Aegis Sortation provides solutions for a comprehensive range of material handling needs; from warehouse and distribution to freight and parcel, e-commerce, postal and beyond.
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