Daimler Trucks North America plans to lease All Points at Anson Building 15, a newly constructed 283,500-square-foot-facility in Whitestown, for a parts distribution center.
According to the Indiana Economic Development Corp., the company will invest $12.35 million to lease and equip the facility, where they will fulfill orders for truck parts. Daimler officials expect the new facility to process 7,000 new parts daily that will reach a 350-mile radius from Whitestown. The distribution center will be Daimler's first of its kind in the Midwest.
“Boone County is perfectly situated for companies like Daimler Trucks North America,” said Molly Whitehead, executive director of the Boone County Economic Development Corp. “With our interstate access and close proximity to the Indianapolis International Airport, it is easy to see why so many companies have chosen to locate in Boone County.”
The project is anticipated to create approximately 45 new jobs in the county at above-average wages by 2017. The company employs more than 20,000 associates across the nation.
Headquartered in Portland, Oregon, Daimler Trucks North America is the leading heavy-duty truck manufacturer in North America, based on more than 160,000 truck units sold in 2015. The company produces and markets commercial vehicles under the Freightliner, Western Star and Thomas Built Buses nameplates.
“The firm foundation that Daimler has built over the years speaks to the quality and stability of the company,” said Whitestown Town Manager Dax Norton. “We are thrilled to welcome Daimler to Indiana’s fastest-growing community.”
This competitive deal for Whitestown and Boone County was announced at a special meeting of the Whitestown Town Council tonight.
The IEDC offered Daimler Trucks North America up to $310,000 in conditional tax credits 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. Boone County will consider additional incentives at the request of the Boone EDC.
Incentive recommendations include a seven-year, 70-percent personal property tax abatement, which must still be approved by the Boone County Comissioners.
Boone EDC estimates benefits to the community to be more than $250,000 in personal property taxes over a 10-year period and an estimated $80,000-plus in county option income tax over a 10-year period. That does not include a real property tax levy that will come from the building itself.