Specialty food supplier R.L. Schreiber Inc. has opened a 140,000-s.f. manufacturing facility in Lebanon, creating 83 new jobs.
The Florida-based company produces food bases, spices and other specialty foods under its own name as well as private labels and has more than 12,000 customers ranging from individual and chain restaurants to cruise lines, cafeterias, schools, caterers and national retailers. The products are sold through a nationwide network of independent distributors.
Lebanon Mayor Gary Crenshaw said the new plant not only represents new jobs, but also represents “a dramatic diversification by introducing a whole new business sector to our economic base.”
The family-owned company has invested more than $7.3 million in the Lebanon facility and has also been approved by the Kentucky Economic Development Finance Authority for tax incentives up to $2 million through the Kentucky Business Investment program. The performance-based incentive allows the company to retain a portion of its investment over a 15-year period through corporate income tax credits and wage assessments by meeting job and investment targets.
Add Comment