Accelerated Tanks and Trailers, a division of C&J Services and Supplies, plans to open a Fort Wayne, Indiana, operations center and employ an estimated 300 workers by 2016.
According to the Fort Wayne-Allen County Economic Development Alliance, the company will occupy a 99,575 square foot space located at 5201 Investment Drive. Property owner F&H Associates will make improvements to the building which should be finished in 2015.
In its new facility the company will manufacture mobile steel storage tanks and trailers used for oil and gas, environmental cleanup, construction and industrial applications. The company developed an environmentally-friendly, patent-pending design to insulate these steel tanks and provide the customer with a product that can achieve a return on investment in under 12 months.
“Steel tanks have been evolving in recent years," said Derek Nilsen, Accelerated's Vice President of Marketing. “The oil and gas industry, in particular, is looking for better, more energy-efficient ways to transport and store liquids. We are appreciative of the partnership we have begun to develop with the leaders if Fort Wayne where we plan to grow this business for years to come."
“The City of Fort Wayne is pleased to welcome Accelerated Tanks and Trailers to our community,” said Mayor Tom Henry. “Through our collaborative efforts with the private sector, we continue to see positive economic growth and job creation in our City and region.”
As an incentive, Accelerated Tanks and Trailers is eligible for $2.55 million in EDGE tax credits from Indiana Economic Development Corporation as well as training funds. In addition, WorkOne Northeast has offered training and recruitment assistance and, the Fort Wayne City Council will consider a phase-in of new property taxes this month.