Current Terre Haute Economic News
Convenience Store Chain Selects Vigo County for New Distribution Center
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The Indiana Economic Development Corporation offered Casey's Marketing Company up to $1.4 million in conditional tax credits and up to $100,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the IEDC will provide Vigo County with up to $200,000 in infrastructure assistance from the state's Industrial Development Grant Fund. Vigo County will consider additional incentives at the request of the Terre Haute Economic Development Corporation.
"We are delighted that Casey's has selected the Vigo County Industrial Park for the site of its second distribution center," said Judith Anderson, president of the Vigo County Commissioners. "It is especially thrilling to have such a well-known, growing company as Casey's make such a significant investment in our community."
Already this year, two companies have announced plans to locate or expand their distribution operations in Indiana. Combined, distribution facilities for ConAgra Foods and Dunham's Sports aim to cover 2.3 million square feet and create more than 200 new jobs for Hoosiers in the coming years.
Casey's General Stores, Inc., headquartered in Ankeny, Iowa, owns and operates over 1,780 convenience stores in 14 Midwestern states. The stores offer self-service gasoline, a wide variety of grocery items, and prepared foods, such as made-from-scratch pizza and donuts, chicken tenders, and sandwiches. Casey's operates its own distribution center, delivering approximately 90 percent of in-store products.
The first stores opened in 1969 in small towns throughout Iowa. As of April 30, 2013, approximately 59 percent of all of our stores are located in areas with populations of fewer than 5,000 persons, while approximately 16 percent of our stores are located in communities with populations exceeding 20,000 persons. The company has a strong balance sheet and owns nearly all of its assets, enabling it to take advantage of growth opportunities. For more information, visit www.caseys.com.