FRANKFORT, Ky. (Jan. 12, 2015) – A global headquarters is coming to northern Kentucky. Gov. Steve Beshear today celebrated the opening of Avure Technologies Inc. in Erlanger.
Avure, which develops high-pressure processing (HPP) systems for the removal of foodborne pathogens in packaged foods, is expected to create 16 jobs and invest $3 million into the project.
“Avure develops a unique and exciting product, and we’re proud that the company chose to bring its headquarters and research facilities to northern Kentucky,” said Gov. Beshear. “Kentucky continues to create products of the future. Avure’s decision to locate here will help us to showcase our innovative spirit to the world.”
Avure’s facility on Airport Exchange Boulevard will serve as the company’s global headquarters and will be the site of a world-class HPP food research lab and customer service center. The company chose to relocate its food lab and headquarters to Erlanger to be closer to its equipment manufacturing location in Ohio.
“Northern Kentucky is a great location and a very business-friendly environment,” said Jeff Williams, CEO of Avure Technologies. “This site will enable us to work efficiently with our food manufacturers to develop products that satisfy consumer demand for more natural foods without artificial additives.”
Avure was the first to create commercially viable HPP systems for removal of foodborne pathogens to substantially extend the shelf life of packaged foods without chemical additives or preservatives. The company has been a global expert in applying high-pressure technology for more than 50 years and has installed systems on every continent except Antarctica.
“We are excited to welcome Avure Technologies to Boone County,” said Sen. John Schickel, of Union. “The 16 new, high-paying jobs, new headquarters and nearly $3 million investment that Avure is bringing to the region are all welcome additions to our world-class economy.”
“Avure is a global company, and it speaks volumes about Boone County and our region’s workforce that the company is opening its headquarters and state-of-the-art test kitchen here in northern Kentucky,” said Rep. Diane St. Onge, of Lakeside Park.
“The opening of Avure’s new headquarters and food science lab in northern Kentucky is a strong start to 2015,” said Kris Knochelmann, Kenton County judge-executive and chairman of Northern Kentucky Tri-ED. “This is exactly the type of facility that we want to attract to the region and builds on northern Kentucky’s reputation as an ideal location for office headquarters and food research and development facilities.”
“Avure is a leader in the global food science industry and we’re thrilled with the jobs and investment the company is establishing in Boone County,” said Boone County Judge-Executive Gary Moore. “Their new headquarters will provide them with the technology needed for their team to develop the latest innovations in high-pressure food processing, right here in northern Kentucky.”
To encourage the investment and job growth in northern Kentucky, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $300,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
For more information on Avure, visit www.avure-hpp-foods.com
A detailed community profile for northern Kentucky can be viewed here.
For more information about Northern Kentucky Tri-ED, visit www.NorthernKentuckyusa.com. Northern Kentucky Tri-ED can also be followed through social media channels via Facebook, LinkedIn, Twitter and YouTube.
The Kentucky Cabinet for Economic Development is the primary state agency responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2015 totaled a state record $5.1 billion, spurring more than 16,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.