Transpoint Intermodal LLC breaks ground on $13.5M Fort Wayne facility

June 29th, 2016


News Coverage:

June 28, 2016

Transpoint Intermodal LLC breaks ground on $13.5M Fort Wayne facility

Kayla Crandall | WPTA 21Alive

FORT WAYNE-

A Mexico-based logistics company broke ground on its $13.5 million cargo transfer facility on Fort Waynes southeast side.

Transpoint Intermodal LLC's first US hub will create up to 64 new jobs by the end of 2019, leaders said.

    The new facility will be located on 74 acres near Adams Center and Paulding Roads, where international shipping containers will be moved from truck-to-rail or rail-to-truck.

    Construction is expected to be finished by April 2017 with operations starting in May.

    Transpoint plans to begin hiring for positions including crane operators, dispatchers and security personnel by early 2017, with a hiring preference for military veterans.

    The new positions are expected to pay average annual salaries of approximately $50,000.

    “The city of Fort Wayne continues to be a leader in job and business growth with a commitment to enhancing innovative economic development opportunities in our community,” Fort Wayne Mayor Tom Henry said.

    “Transpoint’s investment in southeast Fort Wayne is a tremendous win for our city and the region. It will result in good jobs for local residents and help attract more related businesses such distribution centers, and it will provide another consistent and cost-effective transportation option for key employers throughout our region.”

    The Indiana Economic Development Corporation offered the company $550,000 in conditional tax credits.

    Transpoint LLC purchased the land from the Fort Wayne Redevelopment Commission for a reduced rate of $2,000 an acre.

    The Fort Wayne City Council approved the tax abatement for Transpoint on June 14.

    “Here in Indiana, we know that roads mean jobs, and that is especially true for our growing logistics industry,” Governor Mike Pence said.

    “Global companies like Transpoint Intermodal are choosing Indiana for job creation because of our state’s central location, our continued investments in infrastructure, and our efforts to create a pro-growth business climate. Across the state, logistics firms are creating quality jobs for Hoosiers while serving customers across the world because Indiana is a state that works.”

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    Categories & Tags New Businesses