Earlier this week, Whitehorse Freight LLC cut the ribbon on its new $5.4 million facility in Crestview Hills, KY, creating over 400 jobs in the surrounding region. Whitehorse Freight located in the new Kenton County facility in response to rapid growth and increased customer demand. The $5.4 million investment includes the purchase of an existing 51,000-square-foot building to increase the company’s operations and overall office space.
“The sky is the limit when it comes to earning potential at Whitehorse Freight,” said Michael Bilokonsky, president and CEO of Whitehorse Freight. “I am extremely proud of our team and what we are building. Today’s event is an exciting next step for us, and I look forward to continuing to grow here in Northern Kentucky.”
Whitehorse Freight is a logistics technology service company for the shipping and carrier trucking industry that specializes in moving full truckloads. The company’s extensive carrier network and creative freight services help increase flexibility and mitigate logistics obstacles. Services include dry freight, flatbed, refrigerated freight, specialty freight, straight truck and warehouse and fulfillment.
“Kentucky’s unique location and access to resources makes the commonwealth one of the most important distribution and logistics hubs in the country,” said Governor Andy Beshear. “Continuing to grow and invest in that industry with quality companies such as Whitehorse Freight is critical to our long-term economic success. I want to congratulate Whitehorse on today’s ribbon-cutting and wish the company continued success here in the commonwealth.”
Whitehorse Freight’s investment adds to Kentucky’s growing distribution and logistics presence. Since the start of the Beshear administration, companies within the sector announced more than 7,500 full-time, Kentucky-resident jobs across 117 facility expansion and new-location projects with $2.2 billion in private-sector investment in the commonwealth.
According to Tri-ED CEO Lee Crume, 78% of the 2,356 new jobs announced by Tri-ED in 2022 were in the supply chain management and distribution/logistics industries.
“Whitehorse is certainly a major contributor to the expansion of these industries in Northern Kentucky,” said Crume. “We congratulate the company on the amazing growth they are experiencing.”
Kentucky: Expanding Horizons
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in June 2022 preliminarily approved an incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide tax incentives based on the company’s investment and annual job and wage targets.
