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Work begins on $30M cold-storage warehouse in Anderson

November 30, 2017

Construction is starting on a $30 million cold storage warehouse in Anderson that is expected to create 60 jobs by the end of next year and possibly 200 over the next decade.

A groundbreaking ceremony took place Wednesday with Anderson city officials and leaders of Fort Wayne-based Tippmann Group. The company's Interstate Warehousing subsidiary expects to have the 250,000-square-foot facility open next summer on Anderson's southwest side, near Interstate 69. The 77-acre property is in the Flagship Enterprise Center.

The company plans to increase the facility's size in the next 10 years to almost a million square feet and employ 200 people at the site, the Herald Bulletin of Anderson reported. Annual salaries for the first 60 jobs are expected to be about $56,000.

Interstate Warehouse said it will invest about $20 million in the property and another $10 million to equip it. The warehouse is expected to be completed in August.

The city of Anderson is providing a seven-year, 50 percent tax abatement on the real property and a seven-year, 60 percent abatement on the personal property,

Anderson officials offered the company discounted electrical rates, with a 20 percent reduction the first year and phasing out over five years.

Interstate Warehouse also operates facilities in Indianapolis, Franklin and five other locations around the United States.

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