FedEx Supply Chain seeks tax break to open warehouse

Business
FedEx-Drug Trafficking_1560215823087

FILE – In this Dec. 18, 2014 file photo, a Federal Express driver returns to his truck after delivering a package to a business in Springfield, Ill. Prosecutors said Monday, June 13, 2016, that FedEx delivered packages containing illegal prescription drugs for internet pharmacies even after it noticed that authorities were cracking down on the […]

INDIANAPOLIS (WISH) — A City-County Council committee on Monday advanced a tax abatement proposal for a FedEx Supply Chain warehouse near the FedEx hub at Indianapolis International Airport. 

The logistics provider will lease space in a new warehouse at 5425 Exploration Drive. That’s south of Interstate 70 off Ameriplex Parkway. 

Plans call for the warehouse to open before the end of 2020 with 225 employees making at least $13 an hour. 

The 200,000-square-foot warehouse will sit a short drive from the massive FedEx Corp. Ship Center at the airport. That facility covers 2.5 million square feet. 

FedEx Supply Chain is seeking a tax abatement on $9 million in equipment for the warehouse. The company said Monday that the incentives led them to chose Indianapolis over Louisville, Ky., and Columbus, Ohio. The company would get an estimated tax break totaling $347,000 over five years.

The proposal now goes to the full council for consideration.

FedEx Supply Chain is a logistics supplier with 130 North American distribution centers and about 11,000 employees. 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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