[r72] Rep. Clere: Economic incentives draw Amazon.com, over 1,000 jobs (3/28/2012)

Wednesday, March 28, 2012

Start Date: 3/28/2012
End Date: 3/28/2012

Floyd County

Rep. Clere: Economic incentives draw Amazon.com, over 1,000 jobs

STATEHOUSE – Amazon.com, Inc. announced its plans to locate a new fulfillment center in Jeffersonville, Ind., creating up to 1,050 new jobs by 2015 and approximately $150 million in investment in the state.

“We’ve made Indiana one of the most taxpayer and business friendly states in the nation, and it’s paying off,” said Rep. Clere. “That climate combined with Southern Indiana’s ideal location for logistics and fulfillment operations makes it likely that Amazon’s exciting news will be followed by other similar announcements.”

Amazon.com expects to open the new facility at the River Ridge Commerce Center this fall – the fifth fulfillment center in Indiana. The Seattle-based company already has fulfillment centers in Indianapolis, Plainfield and Whitestown with operations covering more than 4 million square feet.

“As we continue to rebound from the recession, look for Indiana to lead the charge in job creation and economic development,” said Rep. Clere. “Indiana is positioned for unprecedented economic expansion and growth."

According to the Indiana Economic Development Corporation (IEDC), they offered Amazon.com up to $2 million in conditional tax credits and up to $300,000 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.

Also, the IEDC and the Indiana Department of Transportation will allocate funds to improve Cox Road. River Ridge Development Authority has approved additional property tax abatement through the enterprise zone and will support infrastructure improvements.

This latest economic development announcement adds to the state’s growing transportation and logistics industry. Indiana is home to more than 4,700 miles of mainline rail track, three international airports and more than 11,000 total highway miles. Each year, more than 1.1 billion tons of freight travels through Indiana, making it the fifth busiest state for commercial freight traffic in the nation.

“The outlook for Southern Indiana is exciting as the prospects for new business and employment opportunities are very encouraging,” said Rep. Clere. 


Source: Indiana Economic Development Corporation