Friday, September 30, 2011

FedEx Gets A 1/2 Million Tax Break

FedEx Opens Ill. Distribution Center With 200 Jobs

AP Updated 3:46PM Print | Front Page | Email this story

GRAYSLAKE, Ill. (AP) – FedEx Ground has opened a new distribution center in the Chicago suburbs that the company says will employ more than 200 full- and part-time workers. The state has promised the company half a million dollars in tax breaks and other incentives.

FedEx Ground said in a news release that it opened the 214,000 square-foot distribution center in Grayslake on Thursday. FedEx Ground is the small-package ground delivery arm of Memphis, Tenn.-based FedEx Corp.

FedEx Ground says the facility is one of five distribution centers it operates in the Chicago area. Company and state officials say the center could eventually employ more than 450 workers.

Illinois Department of Commerce and Economic Opportunity say the state has pledged $500,000 in tax breaks and job training funds contingent on job creation.

No comments: