FLORENCE, KY (FOX19) - Southern Air has moved its new global headquarters to Boone County, which will create up to 150 jobs and an initial investment of $3.5 million in the project.
The offices will be located on Turfway Road in Florence.
"This is a proud day for the Commonwealth, with the addition of up to 150 jobs and the global headquarters for Southern Air in northern Kentucky," said Kentucky Gov. Steve Beshear. "We are fortunate to be blessed with an ideal location, but this also serves as a powerful testament to Kentucky's workforce, quality of life and business climate."
"Northern Kentucky has a talented aviation community, and we know Southern Air will enhance that reputation and grow the talent here even more," said Lt. Gov. Jerry Abramson. "We're excited to see 150 jobs and an initial investment of $3.5 million, and we welcome Southern Air's headquarters to the Commonwealth."
Founded in 1947, Southern Air serves a customer base that includes some of the world's largest intercontinental air cargo carriers and government agencies. Southern Air is the first ACMI (Aircraft, Crew, Maintenance and Insurance) operator in the world to operate the fuel efficient Boeing 777 Freighter and currently operates four such aircraft on an around-the-world basis for global express delivery provider DHL Express.
"We have relocated our corporate headquarters to northern Kentucky, where we will be even better positioned to grow profitably, deliver the highest quality services to our global customers, and meet and exceed their air cargo needs," said Daniel J. McHugh, CEO of Southern Air. "With this relocation, we look forward to building on our strong partnership with DHL Express at its main U.S. hub at the Cincinnati/Northern Kentucky International Airport."
To encourage the investment and job creation in northern Kentucky, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $2.7 million 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.