Whitestown Welcomes $50M Facility

Posted: Updated:
The company has already hired about 100 workers at the location. The company has already hired about 100 workers at the location.
WHITESTOWN -

The chief executive officer of Pennsylvania-based AmerisourceBergen Drug Corp. says the company picked Whitestown for a nearly $50 million investment, in part, because of the work force it will be able to attract there. The global health care company cut the ribbon this morning on the distribution facility, which Steven Collis says could ultimately employ up to 150. He says the Boone County location also gives the company easy access to around 100,000 customers that it delivers prescription drugs to every day.

Collis says the company did its research before picking Whitestown. It announced plans for the 320,000 square-foot facility a year ago. He says 30-35 percent of all U.S. prescriptions travel through AmerisourceBergen's warehouses, so it was important to find a location with "great transportation routes" like those offered by Whitestown.

Last year, the Whitestown Town Council approved a 10-year, $1.27 million personal property tax abatement toward the installation of more than $26 million in equipment in the Whitestown Industrial Park location. The Indiana Economic Development Corp. offered the company up to $825,000 in conditional tax credits based on the job creation plans.

Collis says the company has already hired about 100 workers at the location. It is currently hiring for additional distribution positions. AmerisourceBergen employs more than 19,000 associates in more than 50 countries throughout the world.The company, which is ranked 11 on the Fortune 500 list, distributes 1.5 million pharmaceutical product lines to more than 50,000 health care facilities around the world.

  • Perspectives

    • Increasing Women Leaders in Companies and Associations

      As members of an industry largely populated by male professionals, we see firsthand the need for more diversity. As Katie Culp, president of KSM Location Advisors, noted in a recent blog, diversity leads to better business decisions.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Coal Loading Facility Planned For Princeton

      A subsidiary of Denver-based Hallador Energy Co. (Nasdaq: HNRG) has announced plans to construct a new truck-to-rail coal loading facility near Princeton. Sunrise Coal LLC in Terre Haute says the facility, known as the Princeton Loop, is expected to be complete in the spring of 2018. 

    • Opioid Withdrawal Treatment Lands FDA Clearance

      The U.S. Food and Drug Administration has given clearance for a medical device developed in Indiana to help treat symptoms of opioid withdrawal. The device, known as the NSS-2 BRIDGE, was created by Innovative Health Solutions Inc. in Versailles.

    • The Critical Importance of Shared Vision

      Vision statements and vision exercises - many organizations have them, but do they work? Business literature on the power of vision exists in abundance. But the real challenge about this strategic element is achieving and acting on a truly shared vision. Make no mistake, the power of shared vision moves mountains, and it's worth the required effort. Here are some thoughts to consider.

    • Holcomb Makes Board Appointments

      Governor Eric Holcomb has made another round of appointments to various boards and commissions. They Include the Indiana Public Defender Commission, the Indiana Tourism Council and the Indiana State Fair Board.

    • On-Air

      Find out when and where you can watch and listen to our reports.