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Exel Inc. Investing in Facility

March 13th, 2012

News Coverage:

Published: March 13, 2012 4:00 a.m.

Ohio’s Exel to invest, create 60 jobs in Fort

Paul Wyche | The Journal Gazette

FORT WAYNE – An Ohio company will invest more than $1.7 million to provide warehouse services to General Mills, which is building a distribution center in Fort Wayne.

Exel Inc. of Westerville is requesting a tax abatement on equipment at 12747 Bluffton Road. The business plans to lease space from General Mills, county documents show. The Minneapolis-based food maker last May said it would invest $36 million to build the distribution center on Bluffton Road.

Westerville is about a half-hour northeast of Columbus.

Exel is seeking a tax abatement that would save it about $41,360 over five years. Exel will hire about 60 workers with annual salaries ranging from $24,000 to $55,000. The positions are the same ones General Mills stated in its abatement request last June, Exel spokeswoman Lynn Anderson said. Officials expect to open the 1.5 million-square-foot operation in September.

Local boosters have said northeast Indiana is attractive to companies looking for distribution locations because of the region is centrally located, close to major expressways and rail systems, and the state has relatively low taxes.