Bakery Express MidWest Establishes Boone County, Kentucky, Operations
06/30/2023
The new 35,000-square-foot facility will service Kentucky, Ohio, Indiana and Tennessee with production of fresh baked goods. Construction is scheduled to begin in late 2023 with completion by December 2024.
“I’m delighted to announce that our team will be expanding our fresh bakery operations to a new location in Boone County, Kentucky,” said Bakery Express MidWest President Charles L. Burman. “I would also like to take this opportunity to express my thanks and appreciation for the support of both Boone County and the Commonwealth of Kentucky for including Bakery Express in the Kentucky Business Investment program. Bakery Express is a 73-year-old group that currently operates bakeries in Maryland, Florida and Texas. The expansion into Kentucky will allow us to provide fresh bakery products to retail outlets throughout the Midwest.”
To encourage the investment and job growth in the community, 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 $1 million in tax incentives based on the company’s investment of $10 million and annual targets of: creation and maintenance of 177 Kentucky-resident, full-time jobs across 10 years, and paying an average hourly wage of $22.20 including benefits across those jobs.
“Kentucky’s economy continues to gain momentum, and our state’s food and beverage sector is a crucial part of that growth,” noted Governor Andy Beshear. “This new location in Boone County from Bakery Express MidWest will not only allow the company to take its business to the next level, but will also create quality job opportunities in the Northern Kentucky area. I want to thank the company’s leadership for their commitment to the commonwealth, and I look forward to seeing their success and growth in the future.”
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, Bakery Express MidWest 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.
“With strong business, food science, supply chain and operations programs at universities in the Cincinnati region, as well as manufacturing training programs at Gateway Community & Technical College, Bakery Express MidWest will be able to draw on a talented workforce as it builds its new manufacturing center in Northern Kentucky,” added BE NKY Growth Partnership CEO Lee Crume. “We celebrate their investment and first facility in the Midwest.”
Bakery Express of Central Florida, Bakery Express of Central Texas, Bakery Express of Southern California and now Bakery Express MidWest have all been formed to provide fresh bakery products to over 4,000 retail outlets across the U.S.
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