The new year will bring new jobs to Frost-Arnett Co., an accounts-receivable management firm operating in Campbellsville for nearly two decades. The company is adding 135 full-time jobs and making a $2.84 million investment to relocate to a new office within the community.
Frost-Arnett announced its plans in late 2018 to buy and renovate the facility at 685 Watertower Bypass in Campbellsville, as well as purchase and install new furniture and equipment. In addition to allowing significant employment growth, the new office will include state-of-the-art amenities, technology and telephony capabilities. The company initially opened its Campbellsville office in 1999 with 20 employees and has since grown to 185 associates.
The project comes in response to both recent growth and prospective new business. Frost-Arnett leaders said they anticipate construction will begin in February 2019 and be complete by June.
“It became clear to everyone at Frost-Arnett when we opened our office in Campbellsville almost 20 years ago that it was a special place. As we have grown our operations here, we have found that our team members embody the core values of America: dedication to work and family, commitment to excellence and a passion for doing things the right way,” said Jason Meyer, Frost-Arnett’s CEO. “We are grateful to be a part of such a wonderful community and provide good jobs for the people of Taylor County. We hope that our new facility will allow us to continue to attract good people and grow our team here for years to come.”
Frost-Arnett, founded in 1893 and currently headquartered in Nashville, Tenn., is a family-owned accounts-receivable management company focused on customer support and collections for healthcare providers. Its services include early-out, bad debt recovery, pre-certification, pre-service, insurance follow-up and cleanup work for legacy systems. In 2017, the Better Business Bureau recognized Frost-Arnett with the Torch Award for Ethical Commerce. In its 125-year history, the company has grown to more than 400 employees at offices in Campbellsville, Houston and Nashville.
Campbellsville Mayor Tony Young expressed gratitude for the company’s commitment to the community.
“We are honored and appreciate Frost-Arnett choosing Campbellsville for this very important investment,” Mayor Young said. “Their decision to expand in Campbellsville speaks to the strength and dedication of their local workforce. We look forward to their future growth potential and the effect on our local economy.”
Taylor County Judge-Executive Eddie Rogers said the investment is a reflection of the local workforce.
“We are excited to have Frost-Arnett reinvest and expand in our community,” Judge-Executive Rogers said. “Frost-Arnett’s new jobs and huge capital investment in Taylor County is a testimony to the excellent work ethic of our people.”
Ron McMahan, executive director of Team Taylor County, said the company’s recommitment reiterates the excellent local business climate.
“Congratulations to Frost-Arnett, one of our longtime, top corporate citizens, and to their employees, whose strong work ethic sealed the deal,” McMahan said. “It’s always exciting when an existing business chooses to reinvest in our community, creating new job opportunities. The economic impact is a welcome addition to our economy.”
Sen. Max Wise, of Campbellsville, said the company is helping to set the standard for business growth in the area.
“As a reliable and respected company, Frost-Arnett is setting a new paradigm for economic development in our community,” Sen. Wise said. “I am confident this investment will bring responsible growth to Taylor County.”
Rep. John “Bam” Carney, of Campbellsville, said the investment indicates continued growth for the region.
“I’m thrilled to see a company like Frost-Arnett provide such a tremendous boost to our community in the form of new jobs and higher wages for their employees,” Rep. Carney said. “This is welcome news to our community, and is just another sign that our south central Kentucky economy is growing at a strong level.”
For more information on Frost-Arnett, visit www.Frost-Arnett.com.