Kristina Slattery
Kristina Slattery
Commissioner
Business Development

Kentucky Cabinet for Economic Development
800.626.2930
502.564.7670
Kristina.Slattery@ky.gov

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Andy Beshear
Governor
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Jeff Noel
Secretary
2025-04-24 12:46:43
For Immediate Release
 
Brandon Mattingly
502.782.2006


Gov. Beshear: Aegis Sortation To Expand Louisville Operation With Nearly $16 Million Investment, Creating 80 Quality Jobs

Larger facility will serve as the company’s new home for manufacturing operations


FRANKFORT, Ky. (April 24, 2025) – Today, Gov. Andy Beshear highlighted new and exciting momentum within the state’s manufacturing industry as Aegis Sortation, a leading provider of efficient, high-quality sortation solutions, will locate in a new facility and expand its Louisville operation with a nearly $16 million investment, creating 80 new Kentucky jobs.

“Kentucky’s manufacturing sector continues to grow and create incredible job opportunities for our communities,” said Gov. Beshear. “This expansion project by Aegis Sortation is just the latest example of a Kentucky company continuing to reinvest in the communities they serve. I am excited to see Aegis continue to grow in the Louisville area.”

In order to keep up with the increased demand for the company’s products and services, Aegis Sortation will acquire a new, larger location in Louisville, which will serve as the new home for the company’s manufacturing operations. This strategic relocation and expansion will allow the company to better serve its customers and increase efficiency. The $15.9 million investment will add 80 new jobs to the Louisville area, including engineering design, project management and multitiered manufacturing, warehouse and support positions. The project will allow the company to continue to meet the needs of current and future customers.

“We are honored to be part of this growth initiative in Kentucky,” said Tony Young, founder and CEO of Aegis. “Aegis has been fortunate to double in size the past four years while also doubling the size of its workforce each year. The goal is to keep pace with the intralogistics and parcel shipping industry needs for automation, which has catapulted since e-commerce demands continue to explode. At Aegis, we focus on developing innovative, disruptive solutions that help the major players in this industry accomplish more with less.”

Founded in 2017, Aegis Sortation has steadily built a reputation as a leading provider of efficient, high-quality sortation solutions for businesses across a variety of industries. The company provides solutions for a comprehensive range of material handling needs; from warehouse and distribution to freight and parcel, e-commerce, postal and beyond. Aegis Sortation aims to consistently deliver innovative, reliable and scalable solutions to its customers and partners.

Louisville Mayor Craig Greenberg highlighted that the company is adding to Louisville’s strong distribution and logistics sectors: “We’re thrilled Aegis Sortation continues to invest in Louisville. Known as one of the world’s leading logistics epicenters, Louisville has a long and storied history of facilitating global commerce, as demonstrated by Louisville Muhammad Ali International Airport being ranked the No. 6 busiest cargo airport in the world and No. 3 in North America.”

Trevor Pawl, chief executive officer at Louisville Economic Development Alliance (LEDA), noted the company’s innovative practices: “Aegis Sortation is the exact type of logistics company we like to see grow in Louisville. Aegis is driving innovation within the logistics industry through product design and emerging technologies, producing top-of-the-line sortation and automation solutions for Fortune 500 customers and international logistics giants. Our team at LEDA extends our appreciation and congratulations to the entire Aegis Sortation team, and we look forward to remaining a valuable partner as the company continues to grow.” 

Aegis Sortation’s investment and job creation build on the best five-year period for economic growth in state history.

Since the beginning of his administration, Gov. Beshear has announced more than 1,100 private-sector new-location and expansion projects totaling over $35 billion in announced investments, creating more than 60,500 jobs. This is the highest investment figure secured during the tenure of any governor in the commonwealth’s history and $14 billion more than the next highest total.

The robust job creation has been accompanied by rising wages across the commonwealth. Since 2022, the average incentivized hourly wage has topped $26 in three consecutive years for the first time.

Gov. Beshear has announced some of the largest economic development projects in state history, which have solidified Kentucky as the electric vehicle battery production capital of the United States: Ford Motor Co. and SK On’s transformative $5.8 billion, 5,000-job BlueOval SK Battery Park in Hardin County; AESC’s $2 billion, 2,000-job gigafactory project in Warren County; Toyota’s $1.3 billion investment in Scott County; and Shelbyville Battery Manufacturing’s $712 million investment, creating 1,572 jobs in Shelby County, among others.

The Governor’s administration also secured the largest General Fund budget surplus and Rainy Day Fund. In 2023, Kentucky recorded over 2 million jobs filled for the first time ever and has stayed above that number ever since.

Kentucky also secured rating increases from major credit rating agencies Fitch RatingsS&P Global Ratings and Moody’s Investors Service.

Site Selection magazine recently ranked Kentucky in the top five nationally and second in the South Central region for economic development projects per capita in its 2024 Governor’s Cup rankings. Last April, Site Selection placed Kentucky second in the South Central region and in the top 10 nationally in its 2024 Prosperity Cup ranking, which recognizes state-level economic development agencies for their success in landing capital investment projects.

Gov. Beshear also announced a new initiative, called New Kentucky Home, to increase economic investment, attain and attract talent, and increase tourism across the state.

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2.2 million in tax incentives based on the company’s investment of $15.9 million and annual targets of:

  • Creation and maintenance of 80 Kentucky-resident, full-time jobs across 10 years; and
  • Paying an average hourly wage of $61.84, including benefits, across those jobs.

Additionally, KEDFA approved Aegis for up to $300,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.

In addition, Aegis Sortation can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

For more information on Aegis Sortation, visit aegissortation.com.

A detailed community profile for Jefferson County can be viewed here.

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