Niagara Bottling Plans Kenton County, Kentucky, Production Operations
09/20/2024
The investment will include the construction of a new production facility at the C5 Airport East Logistics Center which will include 436,800 square feet of advanced manufacturing space, including beverage production and distribution operations.
“We are very excited to establish our newest manufacturing facility in Kenton County in the city of Elsmere, Kentucky,” said Brian Hess, executive vice president at Niagara Bottling. “Niagara Bottling is committed to supporting our local communities, providing our team members with opportunities for career advancement and utilizing sustainable business practices. We are a leader in the areas of manufacturing, innovation, supply chain and logistics. Having established strong business and community relationships throughout our numerous plant locations, we look forward to making a positive, lasting impact in Northern Kentucky.”
To support the project 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 $1.1 million in tax incentives based on the company’s investment of $129.8 million and annual targets of: creation and maintenance of 60 Kentucky-resident, full-time jobs across 10 years; and paying an average hourly wage of $45.17, including benefits, across those jobs.
“We could not have the tremendous economic success we’ve had during this administration without our expansive manufacturing network,” noted Governor Andy Beshear. “Niagara Bottling is a new and welcome addition to our manufacturing sector, and the company’s commitment to growth will further strengthen Kentucky’s economy for years to come. I want to thank Niagara’s leadership and look forward to seeing their success here in the commonwealth.”
Additionally, KEDFA approved Niagara Bottling 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. 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, Niagara Bottling 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.
“The Cincinnati region has a strong legacy in the food and beverage manufacturing industry,” added BE NKY Growth Partnership CEO Lee Crume. “We are excited to have Niagara Bottling join our high-growth sector. Our geographic location is an asset to consumer product goods companies who can reach more than 50 percent of the U.S. population within a day’s drive.”
Niagara Bottling is a beverage manufacturer that works closely with some of the largest beverage brands, retailers, grocers, club and convenience stores throughout the country. The company produces a variety of beverages, including bottled water, sparkling, vitamin and flavored water, sports drinks, ready-to-drink tea and coffee and protein drinks.
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