(Lebanon, Ind. – Aug. 19, 2013) Two national companies with operations in Duke Realty’s Lebanon Business Park (LBP), a 1,250-acre industrial park located just off I-65 between SR 32 and SR 39 in Lebanon, have recently announced plans to expand their operations in the Park and hire additional workers in the near future. Purity Wholesale Grocers and CNH Global NV have both reaffirmed the value of LBP to their operations by increasing their footprint and investing in new equipment.
In early April, Purity Wholesale Grocers, a distributor of products ranging from frozen food to health and beauty care, dairy, dry goods and candy, announced plans to invest in a new 480,000-square foot regional distribution center on 29 acres it purchased in the Park. Purity has chosen Duke Realty to build its new facility, making this the third building transaction between the two companies. Duke Realty built Purity’s first facility in LBP in 1996 and expanded it in 2012.
Just a few weeks after Purity’s announcement, the product support division of CNH Global NV, an international manufacturing company, announced that it will lease and equip a 153,000-square foot building in LBP, raising its total presence in LBP to 1.2 million square feet in three buildings. When the new facility is fully operational, it will serve as the command center for CNH’s extensive parts delivery system. CNH, which already has 500 full-time and 200 contract employees in Lebanon Business Park, plans to add 100 new jobs by 2014 and has already started adding to its staff.
“Having two companies expand their operations in Lebanon Business Park and bring additional jobs is excellent news for our city,” said Harold ‘Huck’ Lewis, Mayor of Lebanon. “Duke Realty has done an outstanding job of developing LBP, making it a top choice for companies seeking convenient highway access, rail service and a location that’s only a couple hours from Chicago and within a day’s drive of more than half of the country’s population. These businesses’ operations have provided strong tax revenues and job opportunities for our local populace.”
“Our ability to provide expansion space to our major clients has reaffirmed that the Lebanon Business Park is one of the premier developments for growing companies,” said Charlie Podell, Senior Vice President of Duke Realty’s Indiana operations. “The City of Lebanon and the Boone County Economic Development Corporation have been excellent partners, working with Duke Realty to upgrade roads and bring a rail spur to the park, as well as making it economically attractive for companies to expand and remain in Lebanon Business Park.
About Lebanon Business Park
Developed in 1994 in close collaboration with the city of Lebanon, Boone County and state economic developers, the Lebanon Business Park has more than 1,250 acres of land and employs more than 2,600 people annually in 6.4 million square feet of office, industrial and manufacturing space. The Lebanon Business Park was ranked the 5th largest industrial park in Central Indiana by the Indianapolis Business Journal in 2013, and boasts a number of the county’s top employers.
About Duke Realty
Duke Realty owns and operates approximately 148 million rentable square feet of industrial and office, including medical office, space in 18 major U.S. cities. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com.