Cheesecake Factory Plans Charlestown, Indiana, Operations
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.”
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