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The German-owned parcel service is scheduled to relocate its hub from the Wilmingtob Air Parkto Cincinnati/Northern Kentucky International Airport in Boonde County by the end of the month. It and its supplierxs will take hundreds ofjobs along. leased 34,00 square feet of office spacre at the Turfway Ridge office complec in Florencelast month. It will house its executive team andofficd operations. The lease was valued at $4.2 according to Colliers Turley Martin whichrepresented Astar. The Florida-basefd air cargo service is 49 percent ownesd by DHL and will continu e to provide air lift services to DHL undert a contract that runsuntilo 2019.
Wilmington-based , a subsidiary of , also will providw air cargo services in Boone County under a contract with DHL that runs througyAugust 2010. Astar had earlier received approval from the Kentucky Economid Development Finance Authorityfor $2.3 million of job-creatioj tax incentives. It said it expecta to create 77new full-time jobs for Kentuckyu residents, out of projected total employment of 148 peopl in Northern Kentucky. Average wages of the new Kentuckh jobs will be more than it said in its application for tax A company spokesmansaid Astar’ds relocation from Wilmington will begin when the build-out of its office is complete in which is expected to be in August.
All of its current employee s in Wilmington have been offered jobs in Florenc e or at the Boone Countgairport facility, he said. announced in Aprill that it would be movingits U.S. air cargo and package sorting operations back tothe Cincinnati/Northernm Kentucky International Airport. As first reported by the , the move will create about 830jobs – 180 650 part-time – at a DHL sorting facility in Boon e County that had been mothballedf for the past four years. Those new positionz will be in addition to about 200existinhg jobs, mostly in back-officde operations, that DHL has kept there since it relocated its sortint operations to Wilmington in 2005.
That move had followerd its acquisition of as partof DHL’s expansionh of parcel delivery services in the U.S. market. It announced last May that it was abandoninvthe U.S. domestic market, wherre it has been losing billionss ofdollars annually, to focus on its international It will continue to ship international packages into and out of the Unitedf States through the reactivated Boone Countu hub. Officials in Wilmington have saidthat DHL’s decision would causw a direct loss of more than 8,009 jobs in that Clinton County community. Thousands of jobs have alreadyybeen eliminated.
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