King Arthur Flour Plans Second Expansion Phase In Hartford, Vermont
09/06/2013
As part of the expansion, the space currently leased will continue to house the company’s warehouse and fulfillment center for King Arthur Flour’s catalog and web-based sales. Founded in Boston in 1790, King Arthur Flour is America’s oldest flour company, economic development officials said. King Arthur Flour employs 229 full-time employee-owners, a number expected to grow to 274 within three years of the expansion project.
As an incentive, Vermont’s Economic Development Authority approved up to $3.5 million in revenue bond financing to assist the firm with its project. Brown Brothers Harriman has committed to purchase the tax-exempt bond.
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