Louisville Kentucky To Remain Home Port For Long John Silvers
02/15/2012
LJS Partners acquired Long John Silver's from Louisville-based YUM! Brands in December, after it sold Long John Silver's and A&W Restaurants individually to separate buyers.
"We're excited that we will be able to keep as many as 70 jobs here in Louisville with the promise of more to come as we work to grow our business and enlarge our footprint, both domestically and internationally," LJS Partners President and CEO Mike Kern said. "Kentucky is our birthplace and many of our employees have been with us from the beginning. We look forward to continuing a long and productive relationship here at home."
Long John Silver's was founded in Lexington, Kentucky, in 1969, but moved its headquarters to Louisville in 2003 when it became part of YUM! Brands.
To encourage LJS Partners to keep the headquarters operation in Kentucky, the state Economic Development Finance Authority preliminarily approved LJS Partners for tax incentives of up to $1.5 million through the Kentucky Business Investment Program. The performance-based incentive can be earned over the term of the agreements through corporate income tax credits and wage assessments by meeting specific job and wage targets.
"Congratulations to the Long John Silver's team for successfully purchasing this business and keeping it in Louisville, also keeping important jobs here," Louisville Mayor Greg Fischer said. "This purchase and subsequent investment in Louisville underscore the strength and importance of one of our core business clusters, the food and beverage sector."
Even more good news for state economic development officials is that both companies decided to keep their headquarters in Kentucky, with A&W locating in Lexington and Long John Silver's in Louisville.
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024