Logistics company plans 315 jobs in North Vernon

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.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.