Wednesday, 02 20, 2013
Logistics company to invest more than $1 million in Commonwealth
FRANKFORT, Ky. – Governor Steve Beshear today announced Legion Logistics LLC is expanding its facility in northern Kentucky, with plans to create 24 jobs and make a $1 million investment in Boone County and the Commonwealth.
“We congratulate Legion Logistics on its success and growth in Florence,” said Gov. Beshear. “Northern Kentucky certainly is on a roll with new projects and expansions by existing companies in the region. We’re glad that Legion Logistics is growing, creating new jobs and investing in the Commonwealth.”
Legion Logistics, founded in 2009, specializes in helping businesses of all sizes move freight throughout the United States and Canada. Legion Logistics started in the home of its company president, Lacy Starling, and has grown quickly. Tony Coutsoftides, co-owner and CEO of Legion Logistics, is a service-disabled veteran who brings 15 years of logistics experience to the company. The company moved to its current offices in March 2012, tripled its workforce last year, and is already expanding and projecting additional new jobs in 2013.
Legion Logistics plans to add 2,500 square feet to its office at 600 Meijer Drive in Florence to meet growing customer demand. Currently, the company employs 20 full-time Kentucky residents, and the expansion is expected to create 24 new jobs.
“Our team’s hard work and dedication has led to Legion’s growth and success,” said Starling, president of Legion Logistics. “We’re proud to be expanding our offices in northern Kentucky and appreciate the assistance and support we’ve received from the city of Florence, Northern Kentucky Tri-ED and Kentucky Cabinet for Economic Development.”
To encourage the investment and job growth in northern Kentucky, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $300,000 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.
“Companies like Legion Logistics are key drivers of our economy in northern Kentucky,” said Sen. John Schickel, of Union. “Our existing companies have been growing and adding jobs, and we expect that to continue.”
“The announcement of Legion Logistics’ expansion highlights the growing number of companies that call northern Kentucky home,” said Rep. Addia Wuchner. “Our region’s entrepreneurial nature and our work ethic are second to none. We’re proud Legion Logistics is expanding and bringing more jobs to Florence.”
“We are thrilled that Legion Logistics is expanding their offices and will create 24 new jobs for northern Kentucky,” said Gary Moore, Boone County judge-executive and chairman of Northern Kentucky Tri-ED. “The entire three-county region benefits when entrepreneurs like Lacy Starling and Tony Coutsoftides and their team create a company and grow it here in Boone County. Northern Kentucky Tri-ED is committed to assisting our existing companies grow their operations.”
“We are extremely pleased to have a growing company like Legion Logistics in Florence,” said Florence Mayor Diane Whalen. “We congratulate the company on its success and expansion. We thank the company for its continued investment and job creation in our community and look forward to a continued partnership.”
For more information on open positions, workplace culture and the application process, visit Legion Logistics, www.legion-logistics.com.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.