Stord Inc. Announces More Than $40 Million Expansion in Hebron, Creating Over 500 Well-Paying Jobs

Hebron location is company’s largest warehouse operation

Kentucky 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.