115 new jobs coming to Boone County as a result of investment
HEBRON, Ky. (Nov. 18, 2013) – Lt. Gov. Jerry Abramson today joined company officials and local leaders in Hebron to celebrate the ribbon-cutting of a Groupon distribution warehouse in Boone County, which will create 115 new jobs.
“We are very excited to see Groupon bring its services to the commonwealth,” Beshear said. “This is further proof that Kentucky’s centralized location and strong infrastructure provide a strategic advantage for companies to establish operations in the Bluegrass.”
“This is an excellent opportunity for both Groupon and Kentucky,” Abramson said. “Matching one of the nation’s strongest companies with our great workforce will provide a significant boost to our local economy. We’re proud the commonwealth has been able to partner with Groupon, and we know the company will thrive here.”
Groupon is a global leader in local commerce, making it easy for people around the world to search and discover great products and services at unbeatable prices through its thriving online marketplace. Groupon provides consumers with incredible deals on the best stuff to eat, see, do and buy in 48 countries.
The warehouse will serve as the primary fulfillment center for Groupon’s growing Goods business. Launched in 2011, Groupon Goods now accounts for more than $1.7 billion in annualized billings and serves as a world-class destination for quality brand name products.
“With its thriving workforce and vibrant community, northern Kentucky is an ideal location for our new Groupon Goods Fulfillment Center,” said Groupon CEO Eric Lefkofsky. “Opening Groupon’s first warehouse here will help us better serve our customers, and we look forward to being a part of this great community.”
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“Groupon’s decision to locate in Boone County is very exciting news and a testament to the friendly business environment and quality workforce in northern Kentucky,” said Boone County Judge-Executive Gary Moore. “We look forward to working with Groupon and welcome them to northern Kentucky.”
“Northern Kentucky Tri-ED is pleased to welcome Groupon’s first-ever fulfillment center to our region and we look forward to their success,” said Steve Pendery, Campbell County Judge-Executive and chairman of Northern Kentucky Tri-ED. “Northern Kentucky is a natural location for companies like Groupon because of our logistical advantage with robust interstate and airport infrastructure.”
For more information on Groupon, visit www.groupon.com.