FRANKFORT, Ky. (June 12, 2018) — The Legacy Companies, a food service and consumer appliance company, will create 60 full-time jobs and invest nearly $6.7 million as it revitalizes a recently closed Bourbon County facility, Gov. Matt Bevin announced today.
Legacy will locate in the former Hearth & Home Technologies building, a 277,000-s.f. facility on Cleveland Drive in Paris. Hearth & Home laid off about 220 employees after announcing in February 2016 it would close the majority of its Bourbon County operations.
Legacy’s investment and job creation comes in response to organic growth and recent acquisitions. The privately-owned Fort Lauderdale, Fla.-based company grew from 75 employees in 2009 to more than 500 today with sales in excess of $250 million.
The Kentucky location will help the company better serve a large percentage of its customers while lowering logistics costs and decreasing its time to market. Legacy’s executives are working to buy the building and anticipate adding jobs immediately after the signing. They anticipate going operational within three months of purchase, primarily as a distribution facility with some manufacturing.
The Legacy Companies designs, manufactures and markets food service and consumer products under brands such as Back-to-Basics, Bevles, Blakeslee, ChefsChoice, EdgeCraft, Excalibur, General, Greenfield WorldTrade, Kold-Draft, Maxximum, Nautilus, Omega, WestBend, Yonanas and Zeroll.
Products include a range of household and commercial appliances, including countertop mixers and juicers, ice machines and bins, kitchen utensils, food grinders and slicers, proofing cabinets, prep tables, racks and dollies, egg cookers, dishwashers, glasswashers and kettles.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in April preliminarily approved the company for tax incentives up to $600,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Legacy can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. In fiscal year 2017, the Kentucky Skills Network provided training for more than 120,000 Kentuckians and 5,700 companies from a variety of industry sectors.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com.