Growing and Filling Jobs
The staff at the Riverport Authority works actively with Riverport businesses to find the exact type of employees needed from Metro Louisville’s well-trained and highly skilled workforce. Local and regional colleges and universities and the public school systems provide excellent training and educational opportunities for students of all ages.
These institutions work with the public and private sectors to tailor workforce readiness, research and development programs and the educational curricula to supply individual businesses’ workforce needs. For example, Code Louisville, a public/private collaboration, provides special training in the development of websites, software and apps. This innovative program prepares young people for the growing number of IT jobs in Metro Louisville.
Louisville and Riverport, specifically, provided a central location for our stores around the country and our client base while also having the benefits of being located near a transportation epicenter and the UPS Worldport hub.
– Nancy Perronie
Vice President, Distribution Services
Networking and Synergy
Approximately 40 percent of the companies at Riverport are manufacturers of a vast array of products including truck trailers, peanut butter, musical instruments, machinery, and metal and plastic components for automobiles.
Another 40 percent of the businesses store and distribute a wide range of products including soft drinks, thermostats, and name-brand clothing and shoes for men, women and children.
The remaining 20 percent of Riverport companies are in the service sector and include businesses such as heating and air and general contractors, medical clinics, and a credit union. There are also several restaurants and retail stores.
Riverport’s eclectic companies are spread over more than 2,000 acres in 13 million square feet of buildings. The businesses employ 6,850 people, and generate $6 million in payroll and property taxes.
Riverport Authority has capitalized on Louisville’s location on the Ohio River within a day’s drive of nearly 70 percent of the country’s population and minutes from the UPS Worldport hub to build a highly successful industrial park. This strategic location means that the next stop for Louisville products can be any place in the world — overnight.
Local economic development interests have often focused on logistics and distribution in the past two decades, appropriately influenced by the extraordinary success of UPS. However, while helping Metro Louisville prosper with new distribution companies at Riverport, in recent years the industrial park has also attracted numerous manufacturing businesses.
As businesses located in Riverport have grown, they often acquired additional land nearby to build new facilities, or in several cases have been able to expand into existing buildings located right next door.
The networking and synergy among companies are important advantages at Riverport, in addition to the great location, good real estate values and competitive utility rates.
– Dave Sharp, Logistics Industry Professional
WORK. CREATE. INNOVATE. GROW.
6900 Riverport Drive Louisville, Kentucky 40258-2851 502-935-6024
Jefferson Riverport International © 2015
Foreign-Trade Zone No. 29, with Customs clearance in Louisville, offers a prime opportunity for manufacturing or distribution firms to develop additional U.S. and overseas markets.
The FTZ encompasses the intermodal port site and the industrial park. The Zone includes buildings for manufacturing and warehousing. Break-bulk and containerized shipments can be handled easily. Companies may take advantage of benefits by utilizing the general purpose Zone warehouses or by activating all or a portion of their own building. Companies located in the park have activated over one million square feet of FTZ space.
• Imports can be landed and stored quickly without full Customs formalities. U.S. quota restrictions, duty and bonding are waived in
• Companies do not pay Customs duties on the value of labor, overhead and profit attributed to production operations in a Zone.
• Duty and certain taxes are not paid until goods leave the Zone. If previously imported goods are exported, there is no U.S.
Customs Duty or revenue payment.
• Substandard goods, impurities and waste can be discarded resulting in savings on Customs Duty.
• Goods can be imported in excess of U.S. import quotas and then held until the next quota period.
• Goods can be salvaged or repaired free of duty and quotas.
• Certain bonded merchandise may be transferred to the Zone for export.
Cargo traveling from north, south, east and west via rail, truck and barge converge at Jefferson Riverport International, a state-of-the-art port facility on the Ohio and Mississippi river system. From its 300-acre port facilities on the Ohio, Riverport links producers and users of commodities and industrial goods utilizing intermodal transportation connections to provide fast and efficient access to domestic and world markets.
Port facilities include the bulk commodity transfer terminal, barge fleeting area, ground storage, 13 miles of on-site and offsite railroad track, and a general cargo dock.
The bulk commodity terminal transfers dry bulk commodities such as coal, grain, fertilizer and potash, from rail hopper cars to barges. The high performance facility incorporates a 23,000-foot double-loop track with 120-car unit train capability; dumper vault building with track-mounted rail car indexer for receiving bulk cargo; overhead conveyor system for transferring cargo to barges or to ground storage; variable speed blending system; and a marine facility for loading barges. Two barge fleeting areas each accommodate a 30-barge tow.
The transfer terminal is designed to handle more than four million tons of dry bulk commodities a year working at the rate of 2,000 tons an hour. An entire 120-car train can be off-loaded in an eight-hour shift.
The multi-purpose general cargo dock handles loading and unloading of materials such as lumber, steel, and containerized freight, as well as bulk commodities utilizing truck transportation. The general-cargo dock features truck-to-barge and barge-to-truck off-loading capabilities via a 30-ton overhead crane. The crane completes each cycle of transfer from barge to truck and return in less than two minutes. On-site warehousing is available. Located at Mile 618, Jefferson Riverport International is 1,334 miles from the Gulf of Mexico, a transit time of 10 to 12 days.
Expand Your Footprint
Riverport continues to be the place for businesses to grow. Our message to other companies is you can expand your footprint in Louisville’s Riverport.
– David Tandy
President, Louisville Metro Council
Fourth District Councilman
David Tandy, President of Louisville Metro Council
at the Coca-Cola Consolidated grand opening.
ROOM TO GROW AT RIVERPORT
Jefferson Riverport International has been a centerpiece of economic growth and development in Louisville, Kentucky for the past 30 years. Riverport is still an ideal location for businesses to grow as demonstrated by companies like Kentucky Trailer and Coca-Cola Consolidated.
Gary Smith, president and CEO of Kentucky Trailer, explained that the fourth-generation, family-owned company had outgrown its location but wanted to stay in Louisville, the company’s hometown for more than 130 years. The company chose Riverport because it provided the space, support and opportunities to expand the business. “The relocation in 2009 was transformational for us and allowed Kentucky Trailer to elevate trailer customization to a new level,” Smith said.
In early 2015 Frank Harrison, CEO of Coca-Cola Bottling Co. Consolidated, and Louisville’s Mayor Greg Fischer announced the opening of the company’s new sales and distribution center at Riverport. Coca-Cola leased an existing 200,000-square-foot building to which another 105,000 square feet was added. The new sales and distribution center brought 350 new jobs to Riverport with plans to add as many as 150 jobs in the future according to Harrison.
Riverport is also an ideal location for people to grow careers as Nancy Perronie and Dave Sharp have done. Both are Louisvillians with engineering degrees from the University of Louisville, and they have achieved notable success managing Riverport logistics facilities.
And Riverport is growing, too. In late 2013 Mayor Greg Fischer announced the acquisition of 162 additional acres for an expansion to accommodate companies wanting to build large facilities. Because there was no contiguous land available, Riverport’s Phase 5 development is located at the intersection of Dixie Highway and Watson Lane, a short distance from the primary site. Now there’s plenty of room to grow more businesses and jobs.
THE PLACE TO GROW YOUR BUSINESS
Today Riverport is home to more than 100 companies engaged primarily in manufacturing or logistics and distribution. Riverport’s proximity to major roadways, rail, the Ohio River, the availability of a well-prepared workforce and access to cost-effective utilities make it especially attractive to advanced manufacturing companies.
Riverport is also a Foreign-Trade Zone with financial incentives for importers and exporters of raw materials, semi-finished and finished goods. In addition, the nearby UPS Worldport makes Louisville International Airport one of the nation’s busiest cargo operations and Louisville a leader in logistics and distribution.