The company, Interstate Warehousing, will renovate office and warehouse space at its 110 Distribution Drive plant. Other improvements are for a new employee parking lot, new truck entrance with guardhouse and additional trailer staging. The Hamilton facility includes 13.9 million-cubic-feet of warehouse space, according to Interstate.
“This year marks the 20th anniversary of Interstate Warehousing opening its doors at our Hamilton, Ohio facility, and after multiple facility expansions over the years, we are looking forward to another opportunity to continue our company’s growth in Hamilton,” John Tippmann Jr., president of Interstate Warehousing, said in a statement.
Interstate Warehousing, which operates eight warehouses with refrigerated and frozen space nationwide, is a division of Tippmann Group, which is headquartered in Fort Wayne, Ind.
The same storage and distribution company in 2011 completed an approximately $14 million expansion project in Hamilton that added 90,000-square-feet to the Distribution Drive building. At the time of the 2011 expansion, the company pledged to create 25 jobs. Instead, the company says it has added about 90 jobs since then for total employment now of 186 workers in Butler County.
Construction on the new project will start soon, depending on the approvals of financial incentives by state and local governments, Interstate officials said. “The project is mostly site work and infrastructure to better support our customers,” spokesman Mark Wolf said. Once construction starts, it will take about three to four months to complete, Wolf said.
On Monday, the Ohio Tax Credit Authority approved a 40 percent, seven-year tax credit abatement to Interstate Warehousing in exchange for the project creating $900,000 in new annual payroll. Credits are valued at $219,074. The tax credit agreement requires the company to maintain operations in Hamilton for at least 10 years.
New payroll has to be generated before Interstate Warehousing can receive the Ohio Job Creation Tax Credit.
Hamilton city government will also be proposing incentives, according to economic development staff.
One of Interstate Warehousing's customers, food manufacturer AdvancePierre Foods Inc., also announced plans Monday to move its corporate headquarters from West Chester Twp. to Blue Ash, and open an administrative support center in West Chester.
“We did experience quite a bit of growth in this (West Chester) facility in 2012 and 2013,” said AdvancePierre Chief Financial Officer Michael Sims.
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