Gov. Beshear: Stord Inc. Announces More Than $40 Million Expansion in Hebron, Creating Over 500 Well-Paying Jobs
Hebron location is company’s largest warehouse operation
FRANKFORT, Ky. (Dec. 18, 2025) – Today, Gov. Andy Beshear highlighted further momentum in Kentucky’s distribution and logistics sector, as Stord announced plans to expand its existing Hebron facility with a more-than-$40 million investment over the next several years that will create over 500 well-paying jobs and launch a new warehouse location.
“Companies like Stord Inc. are reinvesting across Kentucky, creating more than 500 new jobs for our people and showing that our commonwealth is a place where businesses succeed and grow,” said Gov. Beshear. “Our economy is booming, and announcements like this are helping us continue to create a brighter future for all our people. I want to thank Stord’s leaders for their belief in the commonwealth and congratulate them on this exciting next step in Boone County.”
Founded in 2015 by Sean Henry and Jacob Boudreau, Stord is redefining the consumer experience standard through high-volume fulfillment services and AI-powered e-commerce technologies. Stord operates a global network of fulfillment centers and employs over 1,300 people. Through an integrated approach of developing crucial technologies with physical fulfillment services, Stord is able to dramatically decrease order times, reduce average transit times by two days, improve unboxing experiences and unlock massive economies of scale.
Stord’s existing 520,000-square-foot fulfillment center in Hebron is the largest location in the network, employs over 600 talented individuals and manages millions of orders per year. Collectively Stord powers over $10 billion in Gross Merchandise Value (GMV). Stord’s initial investment into the region led to a 105% year-over-year order growth during the Black Friday/Cyber Monday period for Stord’s existing facility in Boone County. The company serves leading e-commerce brands such as True Classic, Super Coffee, Seed, Native and many more.
“We are already heavily invested in the Kentucky area and are excited to continue to see more growth in this amazing state,” said Sean Henry, CEO and co-founder of Stord. “Kentucky plays a crucial role in Stord’s ability to provide 1-to-2-day delivery services across the United States, helping brands achieve Prime-like experiences with greater visibility and control. This investment brings us greater ability to service current and future customers while pushing the boundaries of what is possible for DTC brands.”
This new location will add an additional 525,000 square feet of Class A warehouse with an additional second floor of 8,772 square feet ready for further expansion. Stord’s investment will see new automations and racking infrastructure build outs in tandem with implementation of Stord’s proprietary AI-enabled technologies. Stord will further deepen its roots with the commonwealth by employing over 500 community members with well-paying jobs. These roles will include entry-level positions through senior leadership managing the day-to-day demands of a modern fulfillment center. Pursuant with Stord’s operating principles, these roles will be a part of the “Growing at Stord initiative,” focused on driving promotions and growth opportunities for employees of Stord. This expansion continues Stord’s rapid expansion including a recent $200 million round of funding and acquisition of Ware2Go from UPS.
Boone County Judge/Executive Gary Moore welcomed Stord’s decision to double its presence with a new location in the county: “Stord provides national brands with the tools they need to effectively deliver their products in-store and online, in addition to value-added services such as kit assembly and embroidery, while also seamlessly delivering household name products to customer homes through advanced technology solutions. We are excited that more than 500 new good-paying jobs will be created in Northern Kentucky.”
BE NKY Growth Partnership CEO Lee Crume recognized the significance of the expansion: “Seeing Stord expand in Northern Kentucky was a competitive process and we are grateful they will be making a significant capital investment in the region to double their presence and increase jobs by more than 200 percent. Their commitment to Boone County is a testament to our strategic location and talented workforce.”
Stord’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 1,300 private-sector new-location and expansion projects totaling over $45 billion in announced investments, creating more than 68,000 jobs. This is the highest investment figure secured during the tenure of any governor in the commonwealth’s history and $24 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 four 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 battery capital of the United States: AESC’s $2 billion, 2,000-job gigafactory project in Warren County; Ford Motor Co.’s $2 billion, 2,200-job commitment in Louisville, as well as its $2 billion, 2,100-job project at the Kentucky 1 plant in Hardin County; Shelbyville Battery Manufacturing’s $712 million investment, creating 1,572 jobs in Shelby County; and Toyota’s $1.3 billion investment in Scott 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 Ratings, S&P Global Ratings and Moody’s Investors Service.
Earlier this year, Site Selection magazine 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. Site Selection also placed Kentucky second in the South Central region and No. 6 nationally in its 2025 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 $2.3 million in tax incentives based on the company’s investment of $41 million and annual targets of:
- Creation and maintenance of 539 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $32.32, including benefits, across those jobs.
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, Stord 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 Stord, visit Stord.com.
A detailed community profile for Boone County can be viewed here.
Information on Kentucky’s economic development efforts and programs is available at NewKentuckyHome.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.
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