Beleaguered ShopHQ will be expanding its warehouse operations in Bowling Green, Ky., bringing 250 new full-time and part-time employees to that Southern town, according to a report in the Bowling Green Daily News Tuesday.
Warren County will be issuing up to $33 million in industrial revenue bonds for construction of an industrial building, a warehouse facility, that will be leased by VVI Fulfillment Center Inc., a ShopHQ company, the newspaper reported.
The official announcement about the whole shebang will be made April 15.
ShopHQ, the No. 3 home shopping channel, already has a facility in Bowling Green with 480 workers. The new plan calls for the construction of a warehouse with 346,260 square feet, taking ShopHQ’s overall warehouse space to 606,765 square feet, the Daily News reported.
ShopHQ will essentially pay off the bonds, as its lease payments will offset the bond payments, the newspaper said.