Cheesecake Factory Plans Charlestown, Indiana, Operations
10/26/2023
The new bakery production facility will be located on a 37 acre site at the River Ridge Commerce Center and will produce cheesecakes and signature bakery products for the company’s restaurants and other foodservice wholesalers, retailers and distributors.
“We are very pleased to locate our new bakery production facility in Charlestown, Indiana,” said David Overton, Founder, Chairman and CEO of The Cheesecake Factory Incorporated. “This year is the 51st anniversary of my parents opening the first Cheesecake Factory Bakery, and it also marks the 45th anniversary of opening our first restaurant in Beverly Hills. Over the last half century our desserts have developed a reputation around the world, and we are so pleased that we’ll have a third bakery production facility to support our domestic and international growth into the future.”
Cheesecake Factory will be eligible for up to $2.6 million of performance-based tax incentives from the Indiana Economic Development Corporation (IEDC) and up to $100,000 in conditional training grants. The River Ridge Commerce Center is also offering tax savings of approximately $6.3 million to The Cheesecake Factory.
“This commitment by The Cheesecake Factory to bring its bakery production facility to River Ridge is a major moment for the commerce center and exemplifies the investment and rapid growth we’re creating on the Charlestown side of River Ridge,” notedJerry Acy, River Ridge Development Authority Executive Director. “It is truly a pleasure working with David Overton and his team at The Cheesecake Factory, and I am proud of what this partnership brings to Southern Indiana and the region.”
“This is a huge win for the City of Charlestown and the Southern Indiana region,” added John Launius, Vice President and Director of Economic Development for One Southern Indiana. “It is exciting for us to be the newest home to a company with great name recognition and a stellar international reputation for service and quality. The company’s growth trajectory will benefit Southern Indiana families for decades to come.”
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024