Monday, 6 June 2011

Food company stays on menu - Business Courier of Cincinnati:

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million to expand an existing warehouse facilitgyin Lockland. To encourage the Hamilton County Commissioners approved tax abatementsworth $847,000 over 10 years for Reinhart. Catanzaro previousl received tax breaks when it moved 80 jobs to Locklansdfrom Over-the-Rhine in 1999. “They were outgrowinf the spacethey had,” said David Krings, administrator of the suburbabn Hamilton County village, which counts Reinhart as one of its five largesgt employers. “We got word they were considering leaving inthe spring, Krings “We consider this a double win. Not only are they not but they’re growing.
” Reinhart officials referred questionssto , which did not return La Crosse, Wis.-based Reinhart, a division of Reyes Holdingsa in Chicago, will add 44,0000 square feet to its distribution facility at 535 Shephere Ave., an expansion of roughly 60 percent. The project is expectee to retain 169 jobs and create 30 new positions that pay an averagrof $47,000 in annual according to the agreement approved by commissionersz Sept. 17.
Reinhart is one of the nation’s largesy distributors of food to the Burgee King andSubway chains, with 2007 sales of $3 billiob and customers in 37 states, according to its Web It was acquired in 2004 by Reyes which has 8,700 employees and revenue of about $10 Its distributes more than 65 million cases of beer The Catanzaro acquisition in April 2006 was followefd by a string of eight more acquisitions, the latesgt coming Sept. 12, when Reinhart announced it wouls acquire The deal brings its networkof U.S. distributiohn centers to 20 facilitiess in13 states. In January, it won a two-yearf prime vendor contract worth upto $19. 4 million to supply the U.S. military.

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