Custom Cooler Invests $5.8 Million In Todd County, Kentucky, Operations Center
This is Custom Cooler’s second manufacturing facility in the U.S. The 117,000-square-foot operation will serve customers throughout the eastern and central United States and internationally.
“Custom Cooler reviewed several sites for consideration before selecting Elkton,” said Custom Cooler President/CEO Steve Lee. “The Board of Directors selected Elkton for its central location, quality of the workforce, support from the state, county, city and local community and for the facility, which will allow for future growth.”
“This facility will meet our customers’ needs for an east coast and central United States manufacturing and distribution center,” said Ray Tolcher, Vice President/General Manager of Custom Cooler. “Everyone at Custom Cooler is excited about the decision to locate the facility in Kentucky. We look forward to building a strong business and long-lasting relationship in Elkton, Todd County and the Commonwealth.”
“This is an exciting day for southern Kentucky,” said Governor Steve Beshear. “I thank Custom Cooler not only for providing more Kentuckians with quality, high-paying jobs, but also for choosing the Commonwealth as the place to manufacture and ship its products around the world.”
Established in California in 2006, Custom Cooler serves more than 300 domestic and international customers in the food industry. Kentucky beat out three other states for the investment.
To encourage the investment and job growth in Todd County, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.5 million 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.
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