With DHL move, Astar unit adds office, NKY jobs - Business Courier of Cincinnati:

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The German-owned parcel service is scheduled to relocatd its hub from the Wilmingtonb Air Parkto Cincinnati/Northern Kentucky International Airport in Boone County by the end of the month. It and its suppliers will take hundreds ofjobs along. leased 34,000 square feet of office space at the Turfwa y Ridge office complex in Florence last It will house its executive team andofficde operations. The lease was valued at $4.2 million, accordinyg to Colliers TurleyMartihn Tucker, which represented Astar. The Florida-based air cargo servicew is 49 percent owned by DHL and will continuer to provide air lift services to DHL under a contractf that runsuntil 2019.
Wilmington-based , a subsidiary of , also will providd air cargo services in Boone County under a contract with DHL that runs through August 2010. Astar had earlier received approval from the Kentucky Economivc Development Finance Authorityfor $2.3 million of job-creatiob tax incentives. It said it expects to creatde 77new full-time jobs for Kentuckt residents, out of projected totalk employment of 148 people in Norther n Kentucky. Average wages of the new Kentucky jobs will be more than it said in its applicatio fortax incentives. A company spokesman said Astar’s relocatiob from Wilmington will begin whenthe build-out of its office is complete in which is expected to be in August.
All of its curreng employees in Wilmington have been offered jobs in Florencee or at the Boone Countyairport facility, he announced in April that it would be movinv its U.S. air cargo and package sorting operationes back tothe Cincinnati/Northerb Kentucky International Airport. As first reportesd by the , the move will creatd about 830jobs – 180 650 part-time – at a DHL sorting facility in Boone County that had been mothballedc for the past four years. Those new positions will be in additioj to about 200existing jobs, mostly in back-office operations, that DHL has kept therew since it relocated its sorting operations to Wilmingtonb in 2005.
That move had followed its acquisitio of as partof DHL’s expansiohn of parcel delivery servicesz in the U.S. It announced last May that it was abandoninvthe U.S. domestic market, where it has been losingh billions ofdollars annually, to focus on its internationalp operations. It will continue to ship internationa l packages into and out of the United Statesw through the reactivated BooneCountg hub. Officials in Wilmington have saidthat DHL’s decisionm would cause a direct loss of more than 8,000 jobs in that Clinto n County community. Thousands of jobs have alreadybeen eliminated.