Kroger Earmarks $70M for KY DC

The Kroger Co. plans to invest $70 million in a new logistics and distribution location in Boone County, Ky., that is expected to serve more than 1,000 store locations.

The project is anticipated to create 90 full-time jobs, according to The Lane Report.

Cincinnati-based Kroger is seeking state incentives to support the project, in the form of a tax rate reduction from the Kentucky Economic Development Finance Authority, Lane reported.

This project is reportedly one of the first significant capital investments for the grocer in the region, beyond a retail project, and is expected to create opportunities for additional investment and job creation in the future.