FRANKFORT, Ky. — KOI Superior Walls announced plans to locate a new $2.4 million manufacturing facility in Boone County, a project that is creating 73 new full-time jobs.
Superior Walls of America Ltd. was founded in 1981 by home-builder Mel Zimmerman after years of research and development on a precast foundation system. The system was designed to eliminate problems during the home-building process while providing a quick and easy way to build better and dry basements. With its headquarters located in New Holland, Penn., Superior Walls of America covers 25 states, as well as three Canadian provinces. KOI Superior Walls is a Superior Walls licensee delivering precast concrete systems to Kentucky, Southern Ohio and Eastern Indiana.
The Kentucky Economic Development Finance Authority today gave preliminary approval to $490,000 in tax waivers over 10 years if KOI meets annual employment targets that grow from three to 18 jobs annually, reaching 73 jobs in year 10.
“We could not have the tremendous economic success we’ve had during this administration without our expansive manufacturing network,” said Gov. Andy Beshear. “KOI Superior Walls is a new and welcome addition to our manufacturing sector, and the company’s commitment to future growth will further strengthen Kentucky’s economy for years to come. I want to thank KOI’s leadership and look forward to seeing their success here in the commonwealth.”
KOI Superior Walls is a newly formed company that will manufacture precast concrete foundation walls for residential and commercial construction. The initial phase of the manufacturing facility will include approximately 38,000 s.f. of production space and 6,000 s.f. of office space. The expected new employment positions will cover manufacturing roles, sales, design, administrative and management. KOI Superior Walls expects to begin full operations in late 2025.
The new manufacturing facility will also allow for the expansion of the existing company KOI Precast Concrete. Operating in Boone County since 1987, KOI Precast Concrete manufactures precast concrete products for storm sewer, sanitary sewer and other underground utility projects throughout the Greater Cincinnati Tri-State region.
“We are excited to begin manufacturing Superior Walls in Northern Kentucky,” said KOI Superior Walls President Ross Votel. “This innovative product offers significant benefits to the home-building process and an improved foundation in new homes. Our new facility will allow us to combine our decades of precast concrete manufacturing experience with this revolutionary system to grow into the future.”
Boone County Judge/Executive Gary Moore mentioned the company’s growth and new location in Northern Kentucky: “It’s exciting to see a long-standing, locally owned business succeed, and now their entrepreneurial spirit is bringing a new product to our building industry. The new precast foundation system KOI Superior Walls offers improves quality and efficiency in the construction process for residential and commercial builders.”
Lee Crume, president and CEO of BE NKY Growth Partnership, congratulated Votel and his partners on the new business: “Boone County is one of the fastest growing counties in the Cincinnati region and these new precast concrete walls are in demand by the building industry. KOI Superior Walls will play a role in spurring regional economic development by providing a local source of building construction materials for companies locating and expanding in Northern Kentucky.”
