Logistics Company Expanding To North Vernon

(North Vernon, Ind.) - An Illinois company is expanding into southeast Indiana, bringing with it over 300 new jobs.

Exegistics provides warehousing, light assembly, packaging and value-added resourcing to government agencies and medium-sized to Fortune 500 companies.

The company is planning a $9 million distribution facility in North Vernon, a small city in Jennings County. Construction is scheduled to begin in January 2012.

Exegistics says up to 315 jobs will be created over the next three years. 

"I am extremely pleased to welcome Exegistics to North Vernon," said Mayor Harold Campbell. "I believe that this project will directly drive job creation to not only Jennings County but to the entire southeastern region of Indiana."

The Indiana Economic Development Corporation offered $1.8 million in conditional tax credits to land the business. The state is also making $100,000 in training grants available.

Jennings County is receiving $125,000 from the IEDC for infrastructure improvement. A short line railroad in North Vernon will be rehabilitated giving Exegistics a low-cost, environmentally friendly method to serve their regional customers and the nearby Muscatatuck Urban Training Center.

"We are excited about locating our new distribution and fulfillment operation in North Vernon. While we evaluated other locations, Indiana and the city of North Vernon offered the best pro-growth partnership and access to a highly qualified and values-based labor market," said company founder Stephen Olds. "In our third party logistics, service-based industry, we pride ourselves on developing and delivering innovation to our customers. We look forward to hiring in this area with employees that can help us continue to deliver exceptional value to our customers and prospects. Our new state of the art, rail-sided facility is the first phase of planned expansion in the region."