Jun. 8—A Nevada-based logistics firm will invest $11.8 million and create 199 new jobs in Whitestown. ITS Logistics, a third-party logistics firm, will build a 350,000-square-foot facility at 4683 Albert S. White Drive. The new jobs are to be created before the end of 2024.
"When researching regions in the eastern United States to expand our business, Central Indiana was the obvious choice for several reasons—the geographic distribution advantages, the overall quality of the workforce, the strong partnership with the IEDC, the fact that Indiana is an extremely business-friendly state and a place where we truly feel that we can grow our culture and one day provide employment for more than 500 ITS team members," President of ITS Logistics Ryan Martin said in a prepared statement released by the Indiana Economic Development Corporation. "We're greatly looking forward to the future of ITS in Indiana and see this location as an integral piece in our continued growth and national expansion."
The company started in 1999 in Reno, Nevada has grown to 600 team members across Nevada, California, Oregon, Utah, Arizona, Ohio and Pennsylvania. Last year, ITS Logistics made nearly $500 million in revenue and ranks 35th out of more than 20,000 freight brokers across North America.
The state offered the firm $1.5 million in tax credits based on the hiring goals. Whitestown is also considering incentives.
For more information about the company or to apply, visit the company's website at its4logistics.com.
A mattress manufacturer announced a foam-pouring facility on 130 acres near Crawfordsville. Tempur Sealy International is investing $138 million and committed to hiring 300 by the end of 2025.
At first, the company will build a 700,000-square-foot plant. It will be the third foam-pouring facility in the United States and the fourth in the world. The company has purchased enough land to add an additional 300,000 square feet. At 1 million square feet, it would be the largest facility of its kind in the company.
The IEDC will give the Lexington-based company up to $2.5 million in tax credits based on the hiring promises. Plus, it will offer the company up to $1.1 million for the capital investment.
Tempur Sealy develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products for brands including Tempur, Tempur-Pedic, Cocoon brands. The company delivers bedding products to consumers in more than 100 countries.
Tempur Sealy is accepting applications online at www.tempursealy.com.