PLAINFIELD, Ind. (Aug. 20, 2008) – Lt. Governor Becky Skillman joined executives from MD Logistics, as they plan to expand their pharmaceutical distribution operations, creating 75 new jobs by 2012.
The 12-year-old third-party logistics provider will invest $1 million to build and equip a 15,000 square foot pharmaceutical grade cold storage facility in the central Indiana town, located approximately 10 miles southwest of the Indianapolis International Airport.
“Anytime we can bring new jobs like the ones MD Logistics has brought to Indiana, it’s a great day. But today’s announcement comes with special joy as it builds on both our strengths in logistics and life sciences and further strengthens our position as a hub for these growing industries”, said Skillman.
The company operates more than 750,000 square feet of warehouse at three sites in Plainfield for clients in the pharmaceutical and electronics industries. They will begin hiring managers, warehouse technicians and clerical staff later this year ahead of the pharmaceutical facilities opening in 2009.
“With its location near the Indianapolis International airport and four interstate highways, Plainfield provided the ideal location to begin our business and remains a central location for distribution of pharmaceutical products to North America and the world,” said Mark Sell, Principal and Owner of MD Logistics.
The new facility, which will be built to U.S. Food and Drug Administration and current Good Manufacturing Processes (GMP) standards, will serve the company’s growing pharmaceutical distribution business that is currently served from its 22,000 square-foot cold storage center in Plainfield.
“There is a strong and growing demand from the pharmaceutical industry for additional climate-controlled facilities because of new biologic medicines”, Sell said.
The Indiana Economic Development Corporation offered MD Logistics up to $335,000 in performance based tax credits and up to $50,000 in training grants based on the companys job creation plans. The town of Plainfield will provide property tax abatement and recruiting assistance at the request of the Hendricks County Economic Development Partnership.
MD Logistics, along with its sister companies MD Packaging, MD Express provides contract warehousing, inventory management, fulfillment, distribution, packaging, transportation, and global freight forwarding. Since 1996, the MD family of companies has grown through delivery of creative customer driven supply chain solutions to an operation in facilities totaling 750,000 square feet. The menu of services is a direct result of listening to customers’ needs and deploying turnkey solutions. MD Logistics responds decisively, rapidly, and passionately to its customers’ complex challenges.