NKY Tri-ED awarded many regional businesses with their Build + Elevate Growth awards during the 2022 Tri-ED Annual Forum & Awards.
The goal of the awards, which were held at the newly renovated Turfway Park, was to recognize the businesses that excelled in categories such as capital investment and new jobs announced in Tri-ED’s four targeted industry clusters which include advanced manufacturing, life sciences, supply chain management and information technology. In total, there were 2,356 jobs announced in 2022 with $291 million raised in capital investment across these Northern Kentucky businesses.
Supply chain management was the targeted sector that added the most jobs at 1,382. 42% of the award winners were in the advanced manufacturing sector, closely followed by supply chain management at 37%. Boone County announced the most new jobs, followed by Kenton County then Campbell County.
Kimberly Rossetti, vice president of economic development at Tri-ED, presented representatives from each business with their awards.
LINK nky has listed the businesses highlighted by the forum’s presentation:
80 Acres Farms
“Opening a farm in Boone County will allow us to grow closer to our retail partners in Lexington and Louisville and introduce our fresh, healthy, locally grown produce to many more Kentuckians,“ said CEO Mike Zelkind.
- 125 jobs
- $74,000,000 in capital investment
- Unincorporated Boone County
Automotive Service Products
“Thank you to the state of Kentucky, Boone County and Northern Kentucky Tri-ED for their support and guidance through this process,“ said Owners Jeff and Kellie Koenig.
- 25 jobs
- $8,000,000 in capital investment
- Unincorporated Boone County
BM2 Freight
“We’re thrilled to be expanding our headquarters and adding new jobs in Covington. We appreciate the support we have received from Kentucky, the City of Covington and Northern Kentucky Tri-ED,“ said President Sarah Newman.
- 56 jobs
- $2,300,000 in capital investment
- Covington
Ethos Laboratories
“We are very thankful for the continued support we’ve received since moving our operations to Newport, Kentucky, both at the local and state levels,“ said CEO Brian Kincaid.
- 326 current jobs
- $2,279,000 in capital investment
- Newport
FEAM Maintenance/Engineering
“We are not only excited for the opportunity to continue growing our relationship with CVG Airport, but we are also thrilled in continuing to exceed our customer expectations, delivering them more value at such a critical time in aviation,“ said Owner and CEO Fred Murphy.
- 250 jobs
- $40,200,000 in capital investment
- Unincorporated Boone County
Flottweg
“We are happy to grow our presence here in Northern Kentucky. Most of us live and work here and consider it our corporate responsibility to invest in our neighborhood,“ said President Dan Ellis.
- 12 jobs
- $1,750,000 in capital investment
- Unincorporated Boone County
Italvibras USA
Italvibras USA is a subsidiary of Italvibras S.p.A., an Italian company that has over 60 years of experience in the field of electric vibrators.
- 10 jobs
- $4,200,000 in capital investment
- Unincorporated Boone County
M&P Logistics
“We’re incredibly grateful to the Kentucky Cabinet for Economic Development, Northern Kentucky Tri-ED, the City of Florence and Boone County Judge/Executive Gary Moore for supporting the growth of M&P as both a local and woman-owned minority business,” said Founder and CEO Kimberly Hall.
- 210 jobs
- $3,957,500 in capital investment
- Florence
Max-Hamilton Group
Max-Hamilton Group offers biodegradable alternatives to single-use plastics.
- 3 jobs
- Unincorporated Boone County
MegaCorp Logistics
MegaCorp Logistics is a Newport-based logistics firm.
- 220 jobs
- $9,378,295 in capital investment
- Newport
New Riff Distilling
“We appreciate the support of state and local leadership for New Riff Distilling and the bourbon industry statewide,” said Founder and CEO Ken Lewis.
- 10 jobs
- $10,000,000 in capital investment
- Silver Grove
Sygma
SYGMA is a food service supplier specializing in serving large, national restaurant chains.
- 150 jobs
- Unincorporated Boone County
ThermoFisher Scientific
“We are proud of our 20-year relationship with the people and businesses of this region, which provides an attractive place for our colleagues to live and work,“ said Senior Vice President David Johnson.
- 200 jobs
- $67,358,000 in capital investment
- Highland Heights
Whitehorse Freight
Whitehorse Freight is a Crestview Hills-based logistics company.
- 455 jobs
- $5,200,000 in capital investment
- Crestview Hills
Other businesses who won awards but were not present at the forum include Kroger, Levi Strauss & Company, Aristech Surfaces, Skilcraft Aerospace Benda-Lutz Corporation, Fives Machining Systems Inc., Total Quality Logistics and Designs Direct.
