FRANKFORT, Ky. — Conner Logistics Inc., a third-party logistics provider, has announced plans to relocate its corporate headquarters from California to Kentucky with a starting investment of $1.3 million, creating 20 full-time jobs in Pulaski County.
CLI will establish its new corporate headquarters at a yet-to-be-determined location in Somerset. While the company will maintain existing operations in Arizona, California and Nevada, the new Kentucky location will allow the company to better serve customers in the eastern United States. The Kentucky operation also will further CLI’s partnerships with major/national logistics providers.
Founded in 2002, CLI provides a range of services as a third-party logistics provider, including fulfillment and warehousing, line haul and transportation and same-day courier services. The company currently operates six facilities in California with additional locations in Arizona and Nevada.
CLI adds to Kentucky’s thriving distribution and logistics sector, which includes more than 580 facilities employing nearly 78,000 residents statewide. In 2020, distribution and logistics companies announced 33 new location and expansion projects in Kentucky, expected to create more than 1,600 full-time jobs with over $313 million in announced investments.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in April preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $400,000 in tax incentives based on the company’s investment of $1.3 million and annual targets of:
- Creation and maintenance of 20 Kentucky-resident, full-time jobs across 15 years; and
- Paying an average hourly wage of $44.50 including benefits across those jobs, which include executive and managerial positions.
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, CLI can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
For more information on CLI, visit ConnerLogistics.com.
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