Hi, Logan Sand here!
For Bridge Logistics, 2015 has been an amazing year, and 2016 is looking to be bigger, bolder, and better than ever before. We as leadership are continuing to drive our culture, strategic growth, and continual development of our employees. It’s why I do what I do every single day.
Below is the The Cincinnati Business Courier Press Release on our approval of a 1.325% five-year job creation tax credit from the Ohio Tax Credit Authority. This is just a small glimpse into what the future holds for Bridge Logistics. It is an exciting time to say the least!
Interested in joining the family? Check out our opportunities here.
Want to connect? Reach out to Logan Sand at firstname.lastname@example.org
via. Cincinnati Business Courier
Growing Greater Cincinnati logistics company to expand, hire dozens of employees
A growing logistics company plans to expand its West Chester Township operations and hire dozens of new employees.
Bridge Logistics Inc., a third-party logistics provider, plans to expand its operations at 5 Circle Freeway Drive. The expansion is expected to create 30 new jobs and retain 22 jobs, according to a scope of work document from the Ohio Development Services Agency.
Jim Campbell, co-owner of Bridge Logistics, said the firm continues to grow because of its culture.
“We have a culture that whole-heartedly believes in the development of individuals,” Campbell told me.
Bridge Logistics, which has a total employment of 36 including co-ops, expects revenue to hit about $16 million this year. Next year, Campbell anticipates revenue to approach $20 million.
The company moved into more than 8,300 square feet of space in February. The new office has room for up to 60 employees, but Campbell is already looking at his options for more space. He expects Bridge Logistics will need more room by the end of 2016.
Bridge Logistics received approval for a nearly 1.325 percent, five-year job creation tax credit from the Ohio Tax Credit Authority on Tuesday with an estimated value of $126,000. The TCA’s incentive is based on new payroll now instead of state income tax withheld. As part of the tax credit agreement, the authority requires Bridge Logistics to maintain operations at this project location for at least eight years.
According to the scope of work, Bridge Logistics has the opportunity to grow outside Ohio. State incentives would help keep the company’s expansion here.
The company’s fixed asset investment would be toward leasehold improvements.
Bridge Logistics expects the 30 new jobs to generate $2.4 million in annual payroll, or about $80,000 average annual salary, by the end of 2018.
West Chester Township expressed its support for the proposed project. Bridge Logistics’ customers range from “mom and pop” manufacturers to Fortune 500 companies, Campbell said. Bridge Logistics was a Business Courier Fast 55 award winner in 2006 and 2007 and was named to the Inc. 5000 list in 2012. In addition to its office in West Chester, the firm also has an office in Mansfield, which it is also expanding.