Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
The facility will be the company's first in Indiana. Exegistics plans to tear down a vacant structure on a 10-acre property and begin construction on new facilities in January, it said.
North Vernon is in Jennings County, about 65 miles southeast of Indianapolis.
Exegistics said it will establish a temporary regional office at the North Vernon Education Training Center this month until construction is complete.
The Indiana Economic Development Corp. offered Exegistics up to $1.8 million in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. IEDC also will provide Jennings County with up to $125,000 in infrastructure assistance from the state's Industrial Development Grant Fund.
The city of North Vernon may provide additional incentives.