Hilltop Basic Resources Inc. moving HQ from Cincy to Covington

When it moves to Covington's RiverCenter tower next month, Hilltop Basic Resources Inc.

Will bring a $3.3 million investment and 20 jobs to Northern Kentucky.

A MAJOR CONSTRUCTION MATERIALSUPPLY COMPANY ANNOUNCED PLANSTODAY TO MOVE ITS HEADQUARTERSFROM CINCINNATI TOCOVINGTON.HILLTOP BASICRESOURCES IS CLOSELY CONNECTEDTO PLANS TO BUILD A CONCERTVENUE AT THE BANKS, BUT IT'SCORPORATE OFFICES WILL SOON BEON THE OTHER SIDE OF THERIVER.

WCPO 9 NEWS REPORTERJOSH BAZAN SPOKE TOCOVINGTON'S MAYOR ABOUT THESIGNIFICANCE OF THE RELOCATION.HILLTOP BASIC RESOURCES' NEWHOME WILL SOON BE THERIVERCENTER TOWERS, JUST A FEWFEET FROM THE ROEBLINGBRIDGEND THE COVINGTONOFFICE WILL HAVE A VIEW OF THECOMPANY'S OLD HOME-THE FOURTHAND VINE TOWER, WHICH IS BEINGCONVERTED INTO APARTMENTS.Mayor Joe Meyer/City ofCovington15:28:46"They've gota lot of their productinvested in helping NorthernKentucky grow."COVINGTON MAYORJOE MEYER SAYS EVEN THOUGH THERELOCATION BRINGS ONLY 20 NEWJOBS TO THE CITY, HAVING ACOMPANY LIKE HILLTOP INCOVINGTON IS A BIG DEAL.MayorJoe Meyer/City of Covington15:28:34"Hilltop concretebuilds Greater Cincinnati.Even where they are, it wasHilltop concrete that builtRivercenter.

It was Hilltopconcrete that built TheAscent."JOSH STANDUP"Hilltopis the latest in a series ofcompanies relocating toCovington.

The city says,despite the coronaviruspandemic, it has added around1,000 new jobs since thebeginning of March."Mayor JoeMeyer/City of Covington15:29:18"Right behind me to my rightwill be the regionalheadquarters for FirstFinancial Bank."15:33:39"Hilltop concrete.

IconMarketing.

Financialinstitutions.

Law firms. Oureconomy is becoming more andmore diverse."DIVERSIFYING ANDPUTTING MORE MONEY IN THEPOCKETS OF CITY HALL.

MAYORMEYER SAYS MORE THAN HALF OFCOVINGTON'S BUDGET COMES FROMPAYROLL TAX.Mayor JoeMeyer/City of Covington15:33:07"Having employers like thismove into our city, havingthis expansion in ouremployment base, is really abenefit for the entire city ofCovington.

Every neighborhoodbenefits from this."THE CITY IS OFFERING HILLTOP A1 PERCENT PAYROLL TAX REBATEAS INCENTIVE TO DRAW THECOMPANY TO COVINGTON.

THEBOARD OF COMMISSIONERS WILLVOTE ON THE PLAN NEXT WEEK ANDHILLTOP PLANS TO MOVE AT THEEND OF JULY.

IN COVINGTON, JBWCPO 9 NEW