BOONE COUNTY, Ky. — Leaders from Summit Packaging Solutions LLC celebrated the opening of its manufacturing packaging company’s $18.3 million operation in unincorporated Boone County, a project creating 185 contracted positions and 69 direct full-time jobs.
Summit’s services include customization, assembly of full pallet displays, PDQs, kits, permanent and temporary displays, multipacks, shrink-wrapping and banding, labeling, print-registered bundle wrapping and distribution, and transportation.
The newly opened 276,000-square-foot Operations Center of Excellence helps accommodate Summit’s growth in the Midwest market with the support of new and existing customers in the region. Summit is creating 185 contracted production line jobs at the location, as well as nearly 70 direct full-time positions, which include assembly and production, maintenance, management and supervisor roles. Company leadership noted the region’s extensive transportation network, availability of a skilled workforce and strong community partnerships as decisive factors in locating the project in Boone County.
“We are thankful for the warm welcome to Boone County,” said Summit CEO Adam C. Walker. “We are pleased to be part of Kentucky’s expansive manufacturing presence. The Summit Operations Center of Excellence complements our existing manufacturing footprint and is a benchmark for advancing our core principles of eliminating waste, improving product quality, driving operational efficiency and reducing cost and time. Our goal is to empower an inclusive and engaged community culture, and proudly bring manufacturing jobs to the region through our partnership with Northern Kentucky Tri-ED and other cities, county and community entities.”
Summit was founded in 1984 and acquired by a holding company established by Walker in 2014. Company leaders have since made multiple acquisitions, now operating assembly operations in Georgia, New Jersey and Pennsylvania, with corporate offices in Georgia and Ohio.
Summit’s newly opened location adds to Kentucky’s extensive manufacturing presence, which includes nearly 5,000 facilities that employ approximately 250,000 people across the state.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in September 2021 preliminarily approved an incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide tax incentives based on the company’s investment and annual job and wage targets.
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, Summit can receive resources from Kentucky’s workforce service providers. These include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
For more information on Summit Packaging, visit 1TeamSummit.com.
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