Banking, Finance, Insurance and Securities (BFIS) Human Resource(HR)

United States Levi Tender

📄 Tender ID: 469747721 📅 Published: 29 Jan 2022

📋 Tender Overview

Gov. Andy Beshear noted the continued growth of Kentuckys distribution and logistics sector as he announced Levi Strauss Co. will establish a new e-commerce distribution center in Erlanger creating approximately 300 jobs with a 48 million-plus investment.Kentuckys ideal geographic location continues to be a major advantage as our states logistics sector shows consistent growth Gov. Beshear said. This commitment by Levi Strauss Co. is the latest evidence that Kentucky is the perfect location for companies looking to get their products to customers as quickly as possible. I want to thank the companys leadership for its continued support of our workforce and look forward to seeing this new facility operational next year.Levi Strauss Co. leaders plan to lease and upgrade an existing 575700-square-foot facility at 660 Erlanger Road to boost the companys rapidly growing e-commerce business and better serve its customers throughout the Eastern U.S. Company leadership anticipates the project will create 300 new full-time positions with an average hourly compensation of 27.13 including benefits. Work on the project is expected to begin in February and be completed for operations in early 2023.This project builds on the companys current presence in the state which includes two distribution-related facilities in Hebron where it employs approximately 300 people in total.We are excited to expand both our commercial relationship with Kentucky and our distribution network for American consumers said Stephen Berube senior vice president of Global Logistics and Distribution at Levi Strauss Co. Weve seen in our existing facilities that the commonwealth has been a terrific partner to date and we know that its top-tier workforce can help us execute on our plans going forward.Founded in 1853 San Francisco-based Levi Strauss Co. is one of the worlds largest brand name apparel companies and a global leader in jeanswear. The company designs and markets jeans casual wear and related accessories for men women and children under the Levis Dockers Signature by Levi Strauss Co. Denizen and Beyond Yoga brands. Its products are sold in more than 110 countries worldwide through a combination of chain retailers department stores online sites and a global footprint of approximately 3000 brand-dedicated stores and shop-in-shops. Levi Strauss Co.s reported 2020 net revenues were 4.5 billion.The companys planned investment adds to a thriving logistics and distribution sector in the commonwealth. In 2021 companies within the sector announced more than 1000 full-time Kentucky-resident jobs across more than 30 facility expansion and new-location projects with 181.7 million in private-sector investment in the commonwealth.Kenton County JudgeExecutive Kris Knochelmann is grateful for the companys decision to add an additional location in Northern Kentucky.The Levis brand is recognized around the world and we welcome the companys new e-commerce facility to Kenton County JudgeExecutive Knochelmann said. Levi Strauss Co. is creating a significant number of new jobs that will add to Northern Kentuckys economy.Erlanger Mayor Jessica Fette noted the new facility will serve the companys customers throughout the East Coast and Midwest.Were excited to welcome a sophisticated retailer like Levi Strauss Co. to Erlanger Mayor Fette said. This new supply chain operation will play a key role in delivering Levis products to consumers reinforcing our ideal location and transportation assets.Lee Crume president and CEO of Northern Kentucky Tri-ED said Levi Strauss Co. is part of a strong retail supply chain management and logistics sector in the region.Levi Strauss Co. was recognized in the top 20 of the worlds most reputable companies on the 2021 Global RepTrak 100 list and has strong corporate social responsibility and sustainability programs Crume said. Were glad to add a third Levi Strauss Co. operation and expand their involvement in Northern Kentucky.Levi Strauss Co.s investment and planned job creation furthers recent economic momentum in the commonwealth as the state builds back stronger from the effects of the COVID-19 pandemic. The Governor noted that this was among five economic development projects announced Thursday that alone represent 160.9 million in new investments that will create 1003 new jobs for Kentuckians.In 2021 the commonwealth shattered every economic development record in the books. Private-sector new-location and expansion announcements included a record 11.2 billion in total planned investment and commitments to create a record 18000-plus full-time jobs across the coming years. Kentuckys average incentivized hourly wage for projects statewide in 2021 was 24 before benefits a 9.4 increase over the previous year.In September Gov. Beshear Ford Motor Co. Executive Chair Bill Ford CEO Jim Farley and Dong-Seob Jee president of SK Innovations battery business announced the single largest economic development project in the history of the commonwealth celebrating a transformative 5.8 billion investment that will create 5000 jobs and places Kentucky at the forefront of the automotive industrys future.Kentucky also saw an all-time record-setting budget surplus in fiscal year 2021 and enters 2022 with an estimated 1.9 billion more than budgeted.In addition Kentucky recently placed seventh overall in Site Selection magazines annual Business Climate Rankings. The commonwealth ranked third nationally in the 2020 projects per capita ranking and fifth in the 2021 Prosperity Cup rankings positioning the state among the national leaders for business climate.

🔍 Key Information

📄
Tender Reference No.
469747721
📅
Publication Date
29 Jan 2022
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
📝
Notice Type
News
📍
Location
United states

📁 Documents & Downloads

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days remaining · 29 Jan 2022
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🧭 Quick Facts

Authority N/A
Country United states
State / UT N/A
Tender Type Procurement News
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