Consultants Forum Advertise
Subscribe

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development

MarfoFMA Plans Covington, Kentucky, Production Operations

03/13/2026
Food manufacturing and catering company MarfoFMA plans to establish production operations in Covington, Kentucky. The $37 million project is expected to create 78 jobs.

The company’s new facility will focus on developing and producing high-quality frozen meals specifically designed for airline clients.

“This represents an important milestone for the family-owned Fleury Michon Group and its international catering business,” said Arnaud Prévéraud, Area Manager North America of MarfoFMA. “Through this investment, we will be able to add additional capacity to our North American operations, which are currently served exclusively by FMA based in Quebec. We intend to train our local teams in Covington in order to establish our know-how over the long term, for the benefit of our airline customers departing from U.S. airports.”

To support the project the Kentucky Economic Development Finance Authority preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1.5 million in tax incentives based on the company’s investment of $37.15 million and annual targets of: creation and maintenance of 78 Kentucky-resident, full-time jobs across 10 years; paying an average hourly wage of $34.61, including benefits, across those jobs.

Additionally, KEDFA approved Marfo & FMA for up to $200,000 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.

“Today’s announcement is a great reminder that Kentucky’s economic momentum is not only going strong, but that the commonwealth is open and ready for companies from all over the world to establish their New Kentucky Home,” noted Governor Andy Beshear. “This project is the company’s first production facility in the United States, which is bringing great new job opportunities for Kentuckians in Covington and the surrounding Northern Kentucky region. I want to thank MarfoFMA’s leaders for choosing and believing in our great state. I look forward to watching their success and growth here in the commonwealth.”

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, Marfo & FMA 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.

“MarfoFMA is an excellent addition to the strong food and flavoring manufacturing industry in the Cincinnati region,” added BE NKY Growth Partnership CEO Lee Crume. “We are excited the company will make delicious food served to passengers on airlines, railways and hospitality locations throughout North America right here in Northern Kentucky.”

MarfoFMA, one of the business units of France-based Fleury Michon Group, develops and produces prepared meals for airlines, railways, hospitality, and retail clients.

Podcast

Apple Podcasts Spotify

Magazine

Past Issues
Area Development Magazine Q4 2025
Q4 2025

Receive quarterly issues of Area Development Magazine at no charge for qualified executives and consultants to industry.

Exclusive Research