Cabinet for Economic Development
GOVERNOR FLETCHER WELCOMES FLOWERS FOODS INC. FACILITY TO BARDSTOWN
$52 million investment will create 145 new, high-wage jobs in the region
FRANKFORT, Ky. – Governor Ernie Fletcher and Economic Development Cabinet Secretary John Hindman today announced the location of a bakery subsidiary of Flowers Foods Inc., a leading producer and marketer of packaged bakery foods in the United States, to Nelson County. The company will invest $52 million in the commonwealth, creating 145 new, full-time jobs with an average annual wage of approximately $39,000, within two years of project completion.
“I am pleased to welcome Flowers Foods, an exciting and growing company, to the commonwealth,” said Governor Fletcher. “This project represents a significant investment in Nelson County and will add additional employment opportunities to the region. I am confident Flowers Foods will find that Bardstown offers the resources and skilled workforce to make this new venture a success.”
Flowers Foods currently operates 36 highly efficient bakeries that produce breads, buns, rolls, snack cakes and pastries, which are distributed to foodservice and retail customers in the southeastern, southwestern and mid-Atlantic states.
Flowers’ brands include Nature’s Own and Cobblestone Mill soft variety and specialty breads; Sunbeam, Bunny, Mary Jane, and other white bread brands; and Blue Bird and Mrs. Freshley’s snack cakes and pastries.
“Demand for our baked foods continues to grow as we expand our geographic territory and gain greater share within our existing, core markets,” said George E. Deese, chairman, chief executive officer, and president of Flowers Foods. “Bardstown is strategically located at the northern part of our current market territory for our fresh baked foods and this bakery will help serve new markets as we expand northward. We appreciate the support we’ve received for this project from the Kentucky Economic Development Cabinet, the Nelson County Economic Development Agency, the Nelson County Fiscal Court and the city of Bardstown.”
Flowers Foods has reached a tentative agreement to purchase 30 acres in the newly constructed Nelson County Industrial Park, with an option to buy an additional 24 acres later. The company will build a 200,000 square-foot bakery that will house high-volume bread and bun production lines. The bread line is expected to be operational by fall 2008. A bun line will be added later.
“Flowers Foods officials appeared to be a part of our community from the first visit,” said Nelson County Judge-Executive Dean Watts. “We are very appreciative of their investment in our community and will do everything possible to ensure much success.”
“Flowers Foods is a very solid and established company that will provide diversity in our manufacturing sector and stable employment for many years to come,” said Bardstown Mayor Dick Heaton.
The Kentucky Economic Development Finance Authority preliminarily approved Flowers Foods for tax benefits up to $2 million under the Kentucky Industrial Development Act, an incentive program designed to attract and expand manufacturing operations in the state.
The project was also preliminarily approved for up to $400,000 in benefits under the Kentucky Enterprise Initiative Act, which allows approved companies investing $500,000 or more in Kentucky to recoup Kentucky sales and use tax on the cost of construction materials, building fixtures and equipment used for research and development.
A community profile for Nelson County can be found at: http://www.thinkkentucky.com/EDIS/cmnty/index.aspx?cw=032.
A profile for the Nelson County Industrial Park can be found at http://www.thinkkentucky.com/edis/Sites/SiteProfile.aspx?SiteID=179-007.
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The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for creating new jobs and new investment in the state. New business investment in Kentucky in 2006 totaled more than $3.4 billion with the creation of over 18,500 new jobs. Information on available development sites, workforce training, incentive programs, community profiles, small business development and other resources is available at www.ThinkKentucky.com.