BM2 Freight Services Inc. will expand in Covington with a $2.3 million investment creating 56 quality jobs.
“Our distribution and logistics sector are seeing continued strong growth,” said Gov. Beshear. “It is no surprise that given Kentucky’s unique location and resources, companies continue to choose the commonwealth to meet the demands of a growing consumer base. I am thrilled that BM2 Freight Services will expand its operations here in Kentucky and want to thank the company’s leadership for believing in what this great state has to offer. I am looking forward to their continued success.”
The company currently leases the entire 5th floor in Tower One of the Rivercenter Building in Covington. The project will see the company expand its current footprint by leasing another half-floor in the same tower, increasing its operational space by almost 8,000 square feet for a total of over 24,000 square feet. The project will include demolition and construction on the new floor to allow room for 56 new employees, mainly logistics account manager positions, which would bring the total number of Kentuckians employed by the company to 154.
“BM2 is pursuing aggressive growth goals by providing strategic transportation solutions and services to our customers in North America,” said BM2 President Sarah Newman. “Our priorities are service, communication and integrity. We’re thrilled to be expanding our headquarters and adding new jobs in Covington. We appreciate the support we have received from Kentucky, the City of Covington and Northern Kentucky Tri-ED.”
Founded in 2008, BM2 Freight Services is a family-owned and -operated third-party logistics company that provides strategic transportation services to customers throughout North America by connecting them with a network of over 30,000 dependable carriers. The company has been a finalist for the Cincinnati Business Courier’s Fast 55 award, identifying the fastest-growing privately held companies within the 15-county region of Greater Cincinnati that have seen the highest percentage of revenue growth, for four consecutive years. Today, the company employs 130 individuals throughout its three locations in Illinois, Tennessee and Covington.
BM2’s growth builds on the state’s strength in distribution and logistics, an industry that has announced more than 6,300 full-time jobs for Kentucky residents during the administration behind $1.3 billion in new investment.
Kenton County Judge/Executive Kris Knochelmann noted that BM2 has been recognized for its success on several regional and national lists.
“It’s fantastic to see a highly successful, locally founded company expand and create new jobs in Northern Kentucky,” said Judge Knochelmann. “BM2 has been named to the Cincinnati Business Courier’s Fast 55 list and the Inc. 5000 list multiple times. Congratulations to the company’s leaders on their growth.”
Covington Mayor Joe Meyer is excited for the opportunities this partnership will bring to the community.
“Covington is committed to helping its businesses thrive and grow,” said Mayor Meyer. “We’re proud to partner with the commonwealth and BM2 to not only help this vibrant, family-owned company expand but also create more jobs for our residents and accelerate the stunning momentum of our local economy. The city’s support of its businesses doesn’t end with a ribbon-cutting – it continues as long as they need us. We congratulate BM2 on its continued success.”
Northern Kentucky Tri-ED CEO Lee Crume recognized that BM2 is a significant contributor to the supply chain management sector in Northern Kentucky.
“Given our proximity to more than half of the consumers in the United States within a day’s drive, and the number of manufacturers we have in the Cincinnati region, logistics management is a high-growth industry,” said Crume. “We applaud BM2’s decision to expand in Covington and add new, high-paying jobs in Northern Kentucky.”
For more information on BM2 Freight Services. visit bm2freight.com.
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