Old Dominion Freight Line Inc. is seeking incentives on a $5.8 million investment that will create 40 new jobs, doubling its local workforce.
The Thomasville, N.C.-based trucking company plans to build a 70-door, state-of-the-art freight service center at 8231 Smith Road, according to an application filed Thursday with Fort Wayne officials.
The company now employs 36 full time and four part time in Fort Wayne, with a total payroll of more than $2.3 million.
Old Dominion’s plans call for 38 new full-time workers and two part-time, with an additional payroll of more than $2.4 million.
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“Despite the completion of the Airport Expressway and other infrastructure improvements, the site under consideration has seen no additional development in the past 10 years,” company officials said in the written application for Economic Revitalization Area approval.
“This project will contribute to the tax base and provide an opportunity for employment for area citizens.”
ERAs are defined as land that is “undesirable” for development. The company didn’t return messages seeking more information.
If ERA designation is approved, Old Dominion could qualify for property tax abatement on the project. An amount hasn’t been calculated.
