BOONE COUNTY, Ky. — Bakery Express MidWest, a commercial bakery manufacturing company that supplies its customers with fresh baked goods, announced it will build a $10 million facility in Boone County. It will create over 175 full-time jobs in the area.
“Kentucky’s economy continues to gain momentum, and our state’s food and beverage sector is a crucial part of that growth,” said Gov. Beshear. “This new location in Boone County from Bakery Express MidWest will allow the company to take its business to the next level and create quality job opportunities in the Northern Kentucky area. I want to thank the company’s leadership for their commitment to the Commonwealth, and I look forward to seeing their success and growth in the future.”
The company is opening a 35,000-square-foot facility in Northern Kentucky that will service Kentucky, Ohio, Indiana and Tennessee with fresh baked goods. The construction is expected to begin in late 2023, with completion by December 2024.
“I’m delighted to announce that our team will be expanding our fresh bakery operations to a new location in Boone County, Kentucky,” said Bakery Express MidWest President Charles L. Burman. “I would also like to take this opportunity to express my thanks and appreciation for the support of both Boone County and the Commonwealth of Kentucky for including Bakery Express in the Kentucky Business Investment program. Bakery Express is a 73-year-old group operating bakeries in Maryland, Florida and Texas. Expanding into Kentucky will allow us to provide fresh bakery products to retail outlets throughout the Midwest.”
Founded in 1970 in Halethorpe, Maryland, Bakery Express Mid Atlantic Inc. was the first of many companies to be founded by Charles Burman. Bakery Express of Central Florida, Bakery Express of Central Texas, Bakery Express of Southern California and now Bakery Express MidWest have all been formed to provide fresh bakery products to over 4,000 retail outlets across the United States. Bakery Express companies currently employ 620 people, and the company’s fresh daily product line consists of a wide variety of items, including donuts, muffins, cookies, brownies, croissants, bagels, pastries, cupcakes and other specialty items.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $1 million in tax incentives based on the company’s investment of $10 million and annual targets of:
- Creation and maintenance of 177 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $22.20, including benefits across those jobs.
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, Bakery Express MidWest can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
