The Comfy Cow Invests $2 Million In Louisville, Kentucky, Production Facility
The firm’s commissary is a 6,500-square-foot facility in the Regency Pointe Business Center in Jeffersontown. The company remodeled the building and outfitted it with state-of-the-art equipment to increase production capacity and to bring pasteurizing and homogenization onsite. With this investment, the company is able to shift its sourcing of all of its dairy products from Illinois to Kentucky.
“This is a major milestone for the company and its growth,” said Don Berg, CEO.
“This investment will allow the company to scale up and support the national expansion and opportunities that we see,” said Tim Koons-McGee, Co-founder/Chairman of the company. “The consumer reception and support of The Comfy Cow has been remarkable, and we humbly look forward to bringing our ice cream, our experience and our Comfy Cow to all consumers across the country as we bring them a little bit of Louisville and Kentucky. As we like to say, ‘We are Kentucky proud as a product and Louisville proud as a brand.’ We fully appreciate all of the help that we have had from the state and the city in making this dream come true.”
As an incentive to encourage the investment and job growth in Jefferson County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $350,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
Governor Steve Beshear said, “Started in 2009 with little more than an idea and an entrepreneurial spirit, The Comfy Cow is a sweet example of the strong small business climate here in the Commonwealth, where entrepreneurs, local economic development and the state work hand-in-hand to create jobs for Kentuckians.”
“This expansion is great news for Louisville and the Commonwealth,” said Lt. Gov. Crit Luallen. “The Comfy Cow’s commitment to the highest-quality products with predominantly locally sourced ingredients will be a testament to consumers nationwide that Kentucky offers only the best. We are proud that The Comfy Cow calls Kentucky home.”
“We are thrilled that The Comfy Cow is growing their wholesale side to become an ice cream brand that will be enjoyed in homes throughout the country,” said Louisville Mayor Greg Fischer. “Because of the demonstrated strength in Louisville’s food and beverage cluster, small businesses like The Comfy Cow have the support of community partners and expertise to continue to grow and thrive in a global marketplace.”
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