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Client Snapshot
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Third-Party Logistics CompanyLouisville, KY
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Jobs & Investment
76 New Jobs
$14.7M Investment -
Project Type
Expansion
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Project Objective
Incentive Procurement
Third-Party Logisitics Company
Client Profile
This third-party logistics company is family-based and headquartered in Louisville, Kentucky. They provide logistics services to leading corporations and strive to deliver peace of mind through integrated solutions and material management services.
Process
They asked us to secure incentives for their planned $14.7 million expansion, with a goal of hiring 76 new employees. Our Location Advisory team started the application process for two locations to best leverage and maximize the incentive offers, then advised on which location had more tax incentives available. We procured the benefit in an expedited time so that our client did not lose out on maximum benefit. The company was ultimately awarded an incentive through the Kentucky Business Investment (KBI) Program. The process of negotiating and procuring the credit took about two months, resulting in a KBI Tax Credit totaling $800,000.
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$800,000
KBI Tax Credit