CA Company Has $40M Jeffersonville Plans

Posted: Updated:
Ingram Micro has more than 170 facilities throughout the world. Ingram Micro has more than 170 facilities throughout the world.
JEFFERSONVILLE -

A California-based technology and supply chain services company has announced major plans for southern Indiana. Ingram Micro Inc. will invest nearly $40 million to lease, renovate and equip a 590,000-square-foot third-party distribution center in Jeffersonville, creating up to 550 jobs. The company, which already employs nearly 2,000 full-time and seasonal workers in Indianapolis and Plainfield, plans to launch operations in Jeffersonville by early 2018.

The Indiana Economic Development Corp. says Ingram Micro has begun renovations at the facility at the River Ridge Commerce Center. The center is expected to be fully operational by next summer.

Ingram Micro will begin hiring at the beginning of the year for office, warehouse, supervisory and management positions. 

"Ingram Micro has a long and productive relationship with the state of Indiana, and we are excited to expand our operations into Jeffersonville in early 2018," said Adam Tan, chairman of the board for Ingram Micro. "Governor Holcomb and his team at the IEDC have proven to be great partners in our efforts and this expansion is expected to result in more than 2,400 full-time and seasonal Hoosier jobs across our five facilitates in the state."

The IEDC is offering Ingram Micro up to $2.9 million in conditional tax credits and up to $150,000 in training grants. Duke Energy has also approved incentives to offset some of the company's energy costs.

Ingram Micro was founded in 1979 and operates 154 logistics centers and 23 service centers throughout the world, employing more than 30,000 people.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

    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

    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

    • Well-Known Real Estate Firm Expanding to Fort Wayne

      Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.

    • Nestlé Planning $80M Anderson Expansion

      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

    • Construction to Begin on $15M Fieldhouse

      City and development officials will break ground Friday on a $15 million sports complex in Noblesville. Finch Creek Park Fieldhouse will include five courts with hard surfaces, two turf-surfaced fields and 11 batting and pitching cages. The project, which was first unveiled a year ago, is a public-private partnership between Klipsch-Card Athletic Facilities LLC and the city. The company is also owner/operator of the fieldhouse at Grand Park in Westfield.

    • Kroger Hires Eric Halvorson

      A former longtime Indianapolis television anchor and reporter has been hired by The Kroger Co. (NYSE: KR). Eric Halvorson, who left WISH-TV last year after 33 years, will serve as public affairs manager and media spokesman for the company's Central Division. He succeeds John Elliott, who will become the chief executive officer of Gleaners Food Bank in Indianapolis later this year.