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Country Oven Bakery adding 33 jobs in Bowling Green, Ky. |
| by - 04/12/2010 |
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| "Country Oven Bakery, a subsidiary of Kroger Co., will invest $10.6 million and add 33 jobs in Bowling Green, Ky." |
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Country Oven Bakery, a subsidiary of Kroger Co., will invest $10.6 million and add 33 jobs in Bowling Green, Ky., according to a news release from the state of Kentucky.
The Bowling Green bakery, in the southwestern part of the state, currently employs about 450 workers with a total annual payroll of $22.3 million. The new jobs will have an average annual wage of nearly $50,000, including benefits.
Country Oven makes frozen dough products, breads and iced cakes for Kroger.
Through the expansion, it will add 50,000 square-feet to the company’s existing 177,000 square-foot facility for a second cake line.
The Kentucky Economic Development Finance Authority has granted Kroger preliminary approval for tax incentives of as much as $825,000 through the Kentucky Business Investment Program.
The incentive can be earned over a 10-year period through corporate income tax credits and wage assessments.
Cincinnati-based Kroger (NYSE: KR) is one of the nation’s largest grocery store chains, employing more than 334,000 associates at 2,468 supermarkets and multi-department stores. It operates in 31 states under names such as Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry’s, Ralphs and Smith’s. The company also operates 777 convenience stores, 374 fine jewelry stores, 893 supermarket fuel centers and 40 food processing plants in the United States.
Read more: Kroger bakery to invest $10.6M in Kentucky - Business Courier of Cincinnati:
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