Company Name: Rural King
Country of Origin:
Industry Sector: Logistics and Distribution
Company Profile: Rural King provides a mixed retail product line of livestock feed, farm equipment, agricultural parts, lawnmowers, workwear, fashion clothing, housewares, and toys.
Company Website: www.ruralking.com
- Type of Project: New Location
- Jobs committed: 200
- Jobs retained: 515
- Capital Investment: $33,275,000
Family-owned Rural King, ‘America’s Farm and Home Store,’ sought to expand its distribution capacity to better access customers in the Midwest and Southeastern U.S.
Rural King currently employs over 500 non-retail employees at operations in Waverly, Ohio.
With the help of an $800K JobsOhio Revitalization Grant, Rural King will be expanding its distribution capacity and RK Tractor manufacturing operations in Pike County. The family-owned business will invest more than $33 million to purchase and renovate the Jackson Building, a 1 million-square-foot warehouse located outside of Waverly in the Zahn’s Corner Industrial Park, along with the purchase of new machinery and equipment.
JobsOhio and Ohio Southeast Economic Development worked collaboratively with Rural King to expand operations in Waverly, providing an $800k JobsOhio Revitalization Grant. The Revitalization Program offers loans and grants to companies to redevelop underutilized properties and put them back into productive use. This funding lessens the financial risk and increases the speed of redeveloping sites.
This expansion will also make southern Ohio the home to Rural King’s North American Import Facility.
CLICK HERE to read the full release.
JobsOhio, Ohio Southeast Economic Development (OhioSE), Pike County Economic & Community Development, and the Ohio Department of Development