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Automotive Parts Provider Locating Distribution Center in Indiana

09/04/2009
LKQ Corporation, a provider of replacement and aftermarket automotive parts, will invest several million dollars to open a distribution center in Plainfield, Indiana, according to the Indiana governor's office. The company, which will conduct business under its Keystone Automotive Industries division, plans to create up to 30 new jobs over the next two years. Illinois-headquartered LKQ will lease and refurbish an existing 106,000-square-foot facility for the center, which will distribute the company's replacement, refurbished, and recycled automotive parts to the collision and mechanical aftermarket. "The new distribution facility will enable us to provide better service to our customers," says Joseph Holsten, LKQ's president and CEO. "We will be able to integrate the distribution and delivery of Keystone's aftermarket and LKQ's recycled auto parts from a single distribution center located in a prime logistics location. The new facility provides the space we need to support additional inventory and grow our operations in Indiana. We appreciate the support from the state of Indiana and the town of Plainfield." The state has offered LKQ up to $175,000 in performance-based tax credits and up to $56,000 in training grants, contingent on job creation; the town will consider additional property tax abatement. The company plans to begin hiring in the first quarter of next year.

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