An Ohio-based tire manufacturer is growing its central Indiana operations. Cooper Tires will soon be moving into a 1 million-square-foot warehouse and distribution facility in Whiteland, though financial details on the project were not released.
Dallas-based Mohr Capital has broken ground on the facility. The real estate investment firm says the building will allow Cooper Tires to move away from its current 800,000-square-foot location in Franklin.
“Cooper’s facility in Franklin was undersized and needed additional trailer parking, which prompted the relocation to a bigger space,” said Gary Horn, chief investment officer for Mohr Capital.
Inside INdiana Business reached out to Cooper Tires for comment on the project, but a company spokesperson would not provide additional details, such as whether any new jobs would be created.
Mohr Capital says construction is expected to be complete in the first quarter of 2021.