Governor Mitch Daniels joined Bloomington officials to announce a hundred more jobs to Bloomington’s west side. Grocery distributor Nash Finch will invest $10.6 million dollars in a vacant building off Curry Pike to supply grocery products to military commissaries.
“The new Bloomington distribution center is consistent to our strategy to expand our military business,” said Edward Brunot, President and chief operating officer of MDV, Nash Finch Company. “This particular distribution center will service commissaries in 8 states, it will be 11 total including the Crane Naval Surface Warfare Center.”
The Indiana Economic Development Corporation offered Nash Finch up to $525,000 in performance based tax credits. Monroe County approved property tax abatement for improvements made at the site.
CEO of Nash Finch Company Alec Covington said the tax credits and abatement along with the current economic conditions made this the right time to expand.
“We’ve had to make difficult decisions through this recession as well. But we also believe it’s a time to invest, it’s a time to expand… otherwise when this economic downturn is over, you have no where to grow because all you’ve done is focused on lay-offs and focused on shrinking.”
Governor Daniels noted that for 8 months of the year, Indiana led the nation in private sector job growth at three and a half times the national rate.
“It’s more than twice the rate of any mid-west state. It isn’t enough or close to enough, but I hope it reflects in a modest way that we’ve tried to find a way to navigate during this unfortunate period where it leaves us in a stronger position,” said Daniels.
Nash Finch is the second largest publicly traded wholesale food distributor in the United States. The company plans to begin hiring distribution associates immediately.