Industry leading logistics provider currently employs over 350 Kentuckians
FRANKFORT, Ky. (Oct. 2, 2024) – Today, Gov. Andy Beshear highlighted continued momentum of the state’s distribution and logistics sector as Verst Group Logistics Inc., an industry-leading, full-scale logistics provider in warehousing, fulfillment, packaging and transportation, announced plans to expand its Boone County operation with a $6.6 million investment, creating 17 new full-time, Kentucky jobs.
“Our unique location and access to resources puts Kentucky in a great position to be a key player in the distribution and logistics industry,” said Gov. Beshear. “We have seen tremendous growth in this sector across the commonwealth and this announcement from Verst only adds to that. This is a welcome investment for the Boone County and Florence community, and I look forward to the company’s continued success in Northern Kentucky.”
The project will see Verst expand its current operation and upgrade equipment in two of its buildings located at 7130 New Buffington Road in Florence. The upgrades will include new LED lighting, a driveway around the building to increase traffic flow and safety, an upgraded roof, a new sprinkler system, exterior painting of the buildings, interior and exterior concrete work, among other enhancements to improve safety, sustainability and workability for employees. The investment is expected to create 17 new, quality Kentucky jobs, pushing the company’s total Kentucky employment to over 370.
“We are excited to expand and invest in the future of our operations here in Kentucky,” said Paul Verst, CEO of Verst Group Logistics. “This investment not only enhances our capacity but also reflects our commitment to providing safe, sustainable, and high-quality jobs to the local workforce. We’re proud to continue our growth in a region that has supported us throughout the years.”
Founded in 1966, Verst Group Logistics is a leading logistics provider based in Walton, Kentucky with additional operations in Florence, Hebron, Lexington and Louisville. The company offers a wide range of services, providing logistics solutions for warehousing and contract logistics, omnichannel fulfillment, contract packaging, shrink sleeve labeling, transportation management and freight brokerage.
Boone County Judge/Executive Gary Moore congratulated CEO Paul Verst on the company’s expansion: “Verst Group Logistics is a long-standing Northern Kentucky company with a commitment to investing in our region. We’re proud that Verst chose Boone County for this expansion.”
Florence Mayor Julie Metzger Aubuchon thanked the Verst leadership team for choosing to expand in the city of Florence: “As Verst Group Logistics has grown and is adding new equipment and jobs, we’re grateful the company continues to expand its capabilities and invest in its facilities in Northern Kentucky to serve its growing customer base throughout the country.”
BE NKY Growth Partnership CEO Lee Crume shared that the Cincinnati region is a central hub for logistics companies serving U.S. and international customers: “Our ideal location in the Midwest allows companies to move products quickly and efficiently to more than half of the U.S. population within a day’s drive. Congratulations to Verst on this additional investment to their significant presence in Northern Kentucky.”