Casey’s General Stores Invests $30 Million In Terre Haute, Indiana, Distribution-Logistics Facility
04/02/2014
Construction is anticipated to begin in November, and the new facility is expected to open its doors by fall 2015. This will be Casey’s second distribution center, allowing it to reach new markets and increase distribution efficiencies.
“One of Casey’s objectives is to continue to grow our store base in our existing 14 state territory, at the same time expanding our presence in new markets,” said Robert Myers, chairman and CEO of Casey’s. “We believe Terre Haute is an excellent location that will enable us to accomplish this, while at the same time providing a more efficient distribution system to our existing stores.”
The includes 1,788 stores across the Midwest, including 80 stores in Indiana. Selling self-service gasoline, a wide variety of grocery items and prepared foods, the company primarily serves communities with a population of 5,000 or less. Casey’s currently employs approximately 29,000 associates in 14 states with more than 850 employees in Indiana.
“Indiana is a state that works for logistics,” said Governor Mike Pence. “Perfectly situated here at the Crossroads of America, our central location helps companies like Casey’s reduce distribution costs. And with more pass-through interstates than any other state, Indiana helps companies reach their customers faster.”
The Indiana Economic Development Corporation offered Casey’s Marketing Company up to $1.4 million in conditional tax credits and up to $100,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the IEDC will provide Vigo County with up to $200,000 in infrastructure assistance from the state's Industrial Development Grant Fund. Vigo County will consider additional incentives at the request of the Terre Haute Economic Development Corporation.
“We are delighted that Casey’s has selected the Vigo County Industrial Park for the site of its second distribution center,” said Judith Anderson, President of the Vigo County Commissioners. “It is especially thrilling to have such a well-known, growing company as Casey’s make such a significant investment in our community.”
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