Plainfield-based Hanzo Logistics plans to move about a half-mile north to a new $17 million headquarters and distribution facility, expected to be finished in September.
The new facility at 450 Airtech Parkway will measure 403,200 square feet, according to Aasif Bade, president of Indianapolis-based Ambrose Property Group, which is developing the project for lease by Hanzo.
The building represents a substantial expansion for Hanzo, currently headquartered in 326,000 square feet of leased space at 595 Perry Road in Plainfield.
“We’ve been growing pretty steadily,” said Rob Wallin, vice president of operations for Hanzo.
The third-party logistics firm currently employs about 15 full-time workers and 20 temporary employees locally. Within a couple years, the total could hit 80 or so, Wallin said.
Hanzo expects to invest $335,000 in manufacturing, logistics and IT equipment for the facility, according to project information filed with the town of Plainfield.
The new project will include 30,000 square feet of cold-storage space—a big bump from 2,500 square feet it currently uses.
Founded in 2009, Hanzo specializes in warehouse management, fulfillment and distribution and transportation. It operates facilities in Plainfield and Laredo, Texas.
The town of Plainfield has approved economic incentives for the project.