Economic Development Agencies and Indiana Economic Development Corp. and Tax Abatements and Economic Development Incentives and Tax Credits and Government & Economic Development and Economic Development and Transportation, Distribution & Logistics and Distribution & Logistics

Logistics company plans 315 jobs in North Vernon

November 14, 2011

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.

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