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FOR IMMEDIATE RELEASE
October 10, 2023
ANDERSON, INDIANA--Mayor Thomas Broderick, Jr. announces that construction of a new warehouse and distribution facility is set to begin following a Groundbreaking Ceremony on October 10, 2023 at 11:00 am.
Scannell Properties LLC is investing $30 million in the construction of a new 300,000 square foot facility with approximately 100,000 square feet climate controlled for precise humidity and temperature levels.
Corteva Agriscience, a global agriculture company headquartered in Indianapolis, has committed to a 10-year lease and will begin operations as soon as construction is completed in 2024.
The Anderson facility, on W. 67th Street, will be used for seed storage and distribution to serve Corteva seed customers in Indiana and Southern Ohio.
Mayor Broderick stated, “We are excited to welcome Corteva to our Anderson community. They are on the cutting edge of new technology in the agricultural industry and will be a great addition to our growing economy.”
This new business is expected to create more than 40 new jobs in the Anderson area and contribute to diversifying the local economy while producing a net of $4.3 million in new tax revenue over a 10-year period.
Economic Development Director Greg Winkler commented, “This is a great project for Anderson. The agriculture industry is stable and strong. It impacts our lives and economy on a daily basis. Corteva choosing Anderson is a big win for our city.”
With Indianapolis as its headquarters, Scannell Properties has been a highly reputed and award-winning developer of industrial, office, and multifamily projects throughout the United States and in Europe since 1990.
Contact: Jill McMillen, Media Affairs Director and Public Information Officer(765) 648-6104, email@example.com